Updated Jun 12
Nov 8, 2026
Revolut Swaps Claude Code for Chinese GLM, Cuts Coding Costs 90%
Revolut has moved roughly 2,000 engineers from Anthropic's Claude Code and OpenAI's Codex to a self-hosted instance of GLM 5.3, an open-weight model from Beijing-based Z.ai, cutting AI-assisted coding costs by approximately 90%. David Abitbol, who leads AI operations and infrastructure at Revolut, shared the migration story at the AI Engineer conference in New York, detailing how the fintech tuned the model from a "terrible" out-of-box experience of 14-second latency down to 1.6 seconds. The move underscores a growing trend: well-funded engineering organizations are betting on self-hosted open-weight models over per-seat SaaS subscriptions for AI coding tools.
revolutglmai-coding-costs
Nov 8, 2026
Elvis Estate and Eminem Publisher Sue Suno in Escalating AI Music Copyright War
The rights holders for Elvis Presley and Eminem's publisher Eight Mile Style filed separate federal lawsuits against AI music generator Suno on Friday, alleging copyright infringement and violations of Tennessee's ELVIS Act. The twin filings mark one of the first major tests of the 2024 voice-cloning law and escalate an already intense legal battle between the music industry and AI companies.
sunoai-musiccopyright
Nov 8, 2026
AI Auditors Catch Agent Misbehavior But Flood Reviewers With False Alarms
A new study finds frontier AI models can catch nearly all reward hacking in agent logs, but false alarms pile up so fast at scale that human reviewers would drown in noise — getting 3,000 false warnings for every 2,000 real incidents.
ai auditingai agentsreward hacking
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Jun 12, 2026
Perplexity AI Fights Amazon in Court That Will Decide If a 1986 Law Can Stop AI Agents
The Ninth Circuit is grappling with whether a 1986 anti-hacking statute can block AI agents from accessing websites — a case that could define the legal boundaries of agentic AI for every builder deploying autonomous tools.
perplexity-aiamazon-lawsuitcfaa-appeal
Jun 11, 2026
OpenAI and Visa Partner to Let AI Agents Make Purchases
OpenAI and Visa announced a partnership enabling AI agents to make purchases on behalf of users through ChatGPT, marking the most significant infrastructure play yet for autonomous AI-driven commerce.
openai-visaagentic-commerceai-agents
Jun 10, 2026
Perplexity CEO Sets 2028 IPO Target, Betting AI Search Can Wait While Rivals Rush In
Perplexity CEO Aravind Srinivas confirmed the AI search company will go public in 2028, deliberately waiting while OpenAI, Anthropic, and SpaceX race to Wall Street this year. With $500 million in annualized revenue and 100 million monthly active users, Perplexity is betting that building the business now beats rushing the IPO window.
perplexity-ipoaravind-srinivasai-search