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Time:2026-07-11T03:16:12Z

Meta pulled its controversial AI image generation feature on Instagram after widespread backlash over privacy and misuse concerns. Apple has filed a blockbuster lawsuit against OpenAI, alleging theft of trade secrets related to hardware development, with two former Apple employees named as defendants. China reached a new milestone in reusable rocket technology, recovering its first booster and signaling a narrowing gap with SpaceX's capabilities. SK Hynix set a record with a $26.5 billion US IPO, the largest foreign offering in American history, and is being pushed to build new fabrication plants in the US.

Meta removes controversial Instagram AI image feature after backlash

Meta removes controversial Instagram AI image feature after backlashMeta deactivated its AI image generation tool for Instagram just days after launch, following intense backlash from users and privacy advocates. The feature allowed anyone to generate AI images of any public Instagram account, raising serious concerns about unauthorized use and deepfake risks. Critics argued the tool could be exploited for harassment, misinformation, and violation of personal likeness rights. Meta has not indicated whether the feature will return in a modified form.

Apple sues OpenAI over alleged trade secret theft

Apple sues OpenAI over alleged trade secret theftApple has filed a major lawsuit against OpenAI, accusing the company of stealing trade secrets related to its hardware development. The lawsuit names two former Apple employees — Tang Yew Tan, now OpenAI's chief hardware officer, and engineer Chang Liu — as defendants. Apple alleges that proprietary information was taken to accelerate OpenAI's hardware initiatives. The case marks a significant escalation in tensions between two of the most influential companies in the AI industry.

China recovers first reusable rocket, closing gap with SpaceX

China recovers first reusable rocket, closing gap with SpaceXChina successfully recovered its first reusable rocket booster, marking a major milestone in its space program. The achievement demonstrates China's growing capability in reusable launch technology, a field long dominated by SpaceX's Falcon 9. Engineers employed a novel recovery method that differs from SpaceX's approach, suggesting alternative engineering pathways. The development signals Beijing's accelerating ambitions in commercial space and its determination to compete globally in low-cost space access.

AI world models and UN governance summit spotlight China's role

AI world models and UN governance summit spotlight China's roleChina is emerging as a key testing ground for AI 'world models', a next-generation approach that enables AI systems to simulate and reason about physical environments. At the UN Global Dialogue on AI governance, China called for a fair and inclusive international framework, positioning itself as a major voice in global AI regulation. The UN AI summit showcased a wide range of technologies, from robot dogs to autonomous rescue helicopters, highlighting the rapidly evolving landscape. The developments underscore the growing geopolitical dimension of AI research and standard-setting.

SK Hynix raises $26.5B in record US IPO, urged to build US fabs

SK Hynix raises $26.5B in record US IPO, urged to build US fabsSK Hynix raised $26.5 billion in the largest foreign initial public offering in US history, underscoring strong investor appetite for semiconductor plays. The Korean chipmaker's record-breaking listing has prompted calls from US officials for the company to build new fabrication plants on American soil. The IPO reflects the strategic importance of memory chips amid the global AI boom and ongoing efforts to diversify semiconductor supply chains away from Asia.