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Lawsuits over automated hiring systems are challenging how companies use AI to screen and rank job applicants. A class action against Eightfold AI argues that its applicant-ranking system may function as an undisclosed consumer report without allowing candidates to review or contest the results.
Traders are growing cautious about the financial risks behind the artificial intelligence buildout. Loose fiscal policy and heavy borrowing by major AI infrastructure spenders could keep yields elevated and increase funding pressure.
Bloomberg reporters will host a live Q&A examining why Chinese citizens are more optimistic about AI than Americans. The session is scheduled for August 21, 2026, at 10 a.m. HKT.
Apple has revised its App Store fee structure in the European Union to comply with the Digital Markets Act. The company lowered the Core Technology Fee and simplified its pricing model, receiving a welcome from the EU while Epic Games voiced strong opposition.
Apple is introducing a simpler EU App Store fee structure to further comply with the Digital Markets Act. The changes include a universal 5% Core Technology fee for apps distributed outside the App Store, revised commissions, broader alternative marketplace eligibility, and additional child-safety requirements.
Goldman Sachs Asset Management’s Lindsay Rosner assesses how AI-related borrowing could affect demand for long-term US Treasuries. She also expects limited clarity from upcoming FOMC minutes about the Federal Reserve’s reaction function.
Changxin Technology listed on July 27 with a reported market value of 3.28 trillion yuan, while Guoyi Quantum listed on August 11 and surged 418% at the open. The two listings within half a month highlight Hefei’s rising importance in China’s technology and advanced-hardware ecosystem.
Anthropic plans to let business customers retain data for its most capable AI models on their own cloud infrastructure. The planned safety system, expected later this year, would still require a 30-day retention period while moving storage control to customers.
Ramp has launched Router, an AI model routing service that allows users and companies to access and switch between multiple large language models. The service is available through an API.
Nvidia announced full-scale production of its Spectrum-X Ethernet Photonics co-packaged optical switch for AI factories, using 200G-per-lane links. SK hynix simultaneously published a CPO technology roadmap targeting over 100 Tb/s per node, sub-1 pJ/bit energy consumption, and sub-10 ns chip-to-chip latency.