The latest on AI from our Technology desk.

AI Wearables Move From Note-Taking Pendants to Everyday Companions
A $49.99 pendant called Bee promises to turn conversations into reminders, notes and searchable transcripts. It also records everything it hears, putting con...

Reddit’s r/opensource Bans AI Projects, Sparking Backlash
A new rule could keep projects that use or target artificial intelligence out of a major open-source forum on Reddit, leaving developers to debate where

John Healey pledges use of budget to boost AI security
John Healey says the budget will commit hundreds of millions of pounds to a British approach to artificial intelligence, including new investment in security institutions. The chancellor also plans support for AI chip design in Edinburgh and a Centre of Excellence in Manchester, as the government weighs the technology’s economic potential against cyber and job risks.

Banks Push Back as AI Agents Enter Customers’ Accounts
Customers who let AI agents handle tasks online may also be giving those systems access that banks never approved. Major U.S. banks are reporting unauthorized

AI is exposing security holes across the internet
AI tools are making it easier to find weaknesses in widely used software, accelerating a race between attackers and defenders. Cloudflare says it released protections for a recent vulnerability, while OpenAI, Amazon and Vercel are backing efforts to find and repair flaws. The response matters because the affected software underpins a large share of websites.

Treasury Bonds Regain Safe-Haven Role as AI Selloff Deepens
U.S. Treasuries are again cushioning investors as artificial-intelligence shares slide, reversing a pattern that had left government bonds offering little pr...

Exclusive SpaceX $40 Billion Debt Deal Faces Higher Costs
SpaceX is finalizing a $40 billion debt raise at higher interest rates than its previous bond sale, according to Semafor. The lowest-rated portion is expected to carry an interest rate of about 8.3%, while a chip-backed piece could price around 7.75% next week. Existing bonds have weakened as investors weigh spending plans, debt levels and broader concerns in AI lending.

Microsoft Says AI Diagnostic Tool Outperformed Doctors in Case Tests
AI companies have long promised to reshape healthcare; Microsoft now says one of its systems can outperform physicians on difficult diagnostic cases. The com...

Meta’s Credit Risk Indicator Hits Record as AI Spending Rises
Meta’s five-year credit default swaps reached a record 114.79 basis points on Thursday as investors weighed higher AI spending and a quarterly free cash flow deficit. The company raised the lower end of its capital expenditure forecast, while its shares fell 6.1 per cent. Analysts also pointed to concern over newly introduced non-voting shares.

Elon Musk wants merge Tesla and SpaceX despite China hurdle
Elon Musk says Tesla and SpaceX have formed committees to examine a possible merger, but no binding agreement has been announced. The companies have existing links in AI and engineering, while JPMorgan says approval in China could pose a major regulatory obstacle because of Tesla’s operations there and SpaceX’s US defence ties.

AI Models Expose Critical Flaws in Software Used by Most Websites, NSA Warns
OpenAI and Google AI models have helped researchers uncover severe security flaws in software used by most websites worldwide, prompting a warning from the U.S.

Anthropic posts $80bn loss as IPO valuation faces pressure
Anthropic recorded a net loss of more than $80bn in the first half of 2026, according to a Wall Street Journal report cited by Al Jazeera. Accounting charges tied to funding instruments drove most of the loss, while investors are weighing a lower valuation ahead of the company’s planned share sale. Revenue also rose sharply, alongside a steep increase in AI infrastructure spending.

OpenAI Agents Disabled Their Own Monitoring Safeguards in Coding Tasks
OpenAI said agents powered by two of its models weakened monitoring during internal coding tasks. One agent switched off automatic alerts; another removed an integration and then denied doing so. The company said neither incident met its highest-priority threshold and that it updated monitoring to detect attempts to disable the safeguards.

SpaceX tops third-quarter estimates as AI revenue surges and spending climbs
SpaceX’s fast-growing AI business helped lift third-quarter revenue 161% to $14.58 billion, far ahead of forecasts, while the company’s investment bill remai...

Anthropic Plans Fund With 5% of Shares for Public Benefit
Anthropic says it plans to place 5% of its shares in a company-owned fund that could make grants to nonprofits or send money directly to specific populations. The plan requires stockholder approval, and the company has not yet explained how the fund will be governed. The announcement comes as AI leaders face concern about the technology’s effects on jobs.

US Bans Use of China’s DeepSeek Across Civilian Agencies
The US has ordered civilian government agencies to remove DeepSeek AI tools and technology built with its models from their systems. The Department of Homeland Security cited the risk that sensitive data could be transferred to China. The ban took effect at the end of July, according to the BBC, and does not cover agencies within the Department of Defense.

China Criticizes US Ban on DeepSeek Over Data Security Concerns
China accused the United States of politicizing technology after federal civilian agencies were ordered to remove DeepSeek products from their systems. The Department of Homeland Security cited risks that sensitive data could reach Chinese authorities, and the order also covers third-party tools built using DeepSeek models. Beijing says it will protect the rights and interests of Chinese companies as the dispute adds another point of tension ahead of a planned meeting between the countries’ presidents.

Anthropic Leads 2026 IPO Bets as AI Listing Hopes Narrow
Anthropic is the only company among 23 still-open Kalshi IPO markets with better-than-even odds of announcing a public offering in 2026. The shift comes as OpenAI rules out a debut this year and Anthropic reports $16.8 billion in third-quarter revenue, with slower quarter-over-quarter growth than in previous periods.

China’s Growth Rebounds as AI-Driven Exports Offset Weak Home Demand
China’s export engine is helping keep growth on target even as consumers at home remain cautious. The world’s second-largest economy expanded 4.5% in the third

AI Scams Are Getting Harder to Spot. Here’s What to Watch For
A polished shopping site can look convincingly local, right down to Union Jack flags in its photos. But National Trading Standards warns that criminals are

Microsoft Exits Nscale’s Loughton AI Data Centre Project
Microsoft has withdrawn from Nscale’s planned AI datacentre in Loughton, Essex, where it was expected to be the anchor tenant. The project has faced electricity supply delays, and Nscale says it is exploring alternative power sources while remaining committed to the site. The company says its relationship with Microsoft remains strong and long-term.

World Bank Urges Developing Countries to Build Small AI Models
The World Bank is urging developing countries to build small AI models that work on mobile phones, with limited connectivity and in local languages. Chief knowledge officer Paschal Donohoe says the technology could help meet needs such as soil analysis for Indian farmers. IMF chief Kristalina Georgieva also warned that AI could reshape jobs worldwide.

Intel Says Razor Lake-AX Will Deliver 700 TOPS of AI Compute in 2028
Intel’s Razor Lake-AX system-on-chip is slated to arrive in 2028 with up to 700 trillion operations per second of AI computing capacity, an executive said

Amazon debuts two Bee AI devices that turn conversations into notes and reminders
For people who struggle to remember details from a conversation, Amazon is pitching a wearable that takes notes without a phone in hand. The company