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Time:2026-06-18T08:34:58Z

ByteDance's AI spending surge favors second-tier Chinese chipmakers like Iluvatar CoreX, while Anthropic disables Fable 5 models under a US order restricting foreign access, alarming global allies. Snap's $2,195 AR Spectacles draw heavy criticism and a stock decline. Apple warns of unavoidable price hikes as AI demand drives memory costs higher. Growing debate emerges over AI's cognitive impact and non-invasive mind-reading technology.

ByteDance AI spending boosts Chinese chipmakers

ByteDance AI spending boosts Chinese chipmakersByteDance is ramping up AI-related spending, benefiting second-tier Chinese chipmakers with Iluvatar CoreX leading the race. A Chinese AI chip startup has also received approval for a STAR Market listing. Meanwhile, venture capitalist Chi-Hua Chien argues that the real AI winners will be companies that don't sell AI directly.

US order forces Anthropic to disable advanced AI models

US order forces Anthropic to disable advanced AI modelsAnthropic has disabled its most advanced Fable 5 AI models following a US government order limiting foreign access to cutting-edge AI technology. The move has sent global allies scrambling as they worry about losing access to American AI capabilities. Analysts describe the situation as the US effectively pulling a 'kill-switch' on allied nations.

AI's cognitive impact and mind-reading advances

AI's cognitive impact and mind-reading advancesA growing debate examines whether AI is diminishing critical thinking skills, with experts warning about turning 'brains to mush.' At the same time, AI-powered non-invasive mind-reading technology has made breakthroughs, converting thoughts into text. Google Docs users can also now disable AI features they find intrusive.

Snap's $2,195 AR glasses slammed by critics

Snap's $2,195 AR glasses slammed by criticsSnap unveiled its new AR Spectacles priced at $2,195, triggering widespread criticism and a sharp stock decline. Tech reviewers and consumers have heavily criticized the device's high cost and limited utility. The glasses are not yet available but are already facing intense backlash online.

Apple warns of price hikes amid AI memory crunch

Apple warns of price hikes amid AI memory crunchApple CEO Tim Cook has stated that price increases on iPhones and other products are 'unavoidable' due to soaring memory costs driven by AI demand. The AI boom is creating a memory chip shortage that directly impacts Apple's supply chain and manufacturing costs. Analysts warn that consumers will face higher prices across Apple's product lineup.