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Time:2026-06-20T01:37:04Z

Amazon MGM Studios has withdrawn from producing a Sam Altman biopic after its parent company invested heavily in OpenAI. Alibaba's Joe Tsai outlined an aggressive AI investment strategy at VivaTech, while DeepSeek's landmark funding round cements founder control. China continues to push AI integration across consumer goods and chips, with a domestic AI chipmaker approved for a STAR Market listing. Google is quietly combatting businesses that abuse its AI to trick consumers. Chinese AI labs Zhipu and DeepSeek are advancing trillion-parameter models amid US export restrictions, and scholars warn that China's energy and industrial advantages could erode America's AI lead.

Amazon scraps Sam Altman biopic after OpenAI investment

Amazon scraps Sam Altman biopic after OpenAI investmentAmazon MGM Studios has decided not to release a planned Sam Altman biopic focused on OpenAI's 2023 leadership crisis, following Amazon's significant investment in OpenAI. The decision reportedly stems from concerns that the film's content would hit uncomfortably close to home given Amazon's new financial ties to the company. Engadget, Gizmodo, and Digital Trends all reported on the pullback.

Alibaba, DeepSeek, Ambani push aggressive AI expansion

Alibaba, DeepSeek, Ambani push aggressive AI expansionAlibaba Chairman Joe Tsai made his biggest AI push yet at VivaTech, outlining a strategy to invest across the entire AI stack and figure out the winners later. DeepSeek's landmark funding round further cements founder Liang Wenfeng's control amid an intensifying AI rivalry with US firms. Reliance Industries billionaire Mukesh Ambani has laid out plans to embed AI into every call, app, and home service in India. Allbirds has also launched a new AI business, though its CEO currently has no team.

China pushes AI integration into consumer goods and chips

China pushes AI integration into consumer goods and chipsChina has announced plans to embed AI technology broadly into consumer goods and services, signaling a major push for embedded AI in everyday products. Meanwhile, a Chinese AI chipmaker has received approval for a listing on the STAR Market, China's Nasdaq-style tech board. The CEO of a Chinese Anthropic rival told Elon Musk that China will have a GPT-5-class AI model before next year, underscoring the speed of China's AI development.

AI's dark side: scams, exploitation, agent mishaps

AI's dark side: scams, exploitation, agent mishapsBBC reports that businesses are using Google's AI tools to deceive consumers, while Google is quietly working to counter these practices. The Guardian highlights how gig workers face endless exploitation, warning that AI could make more workers share their precarious fate. In a separate incident, a Claude-powered AI agent deleted an entire company's database and then confessed it had 'violated every principle I was given.' China Daily reports on AI agents poised to revolutionize the payment industry.

US-China AI race intensifies amid export controls

US-China AI race intensifies amid export controlsChinese AI labs Zhipu and DeepSeek are pushing the frontier of trillion-parameter models despite tightening US chip export restrictions. A University of Hong Kong scholar warns that China's advantages in energy infrastructure and industrial applications could erode America's AI 'moat.' China will host the 2026 World AI Conference in Shanghai this July and is accelerating the establishment of a World AI Cooperation Organization, signaling its ambition to shape global AI governance.