TREE NEWS update: Elon Musk’s xAI and X Corp. said they have settled their antitrust lawsuit against Apple, which had accused the iPhone maker of favoring OpenAI’s ChatGPT over rival chatbot developers. The suit against Apple was voluntarily dismissed, while the case against OpenAI continues; Musk’s companies allege OpenAI holds an illegal monopoly in the chatbot market. They had sought billions of dollars in damages.
TREE NEWS update: Elon Musk’s xAI and X Corp. said they have settled their antitrust lawsuit against Apple, which had accused the iPhone maker of favoring OpenAI’s ChatGPT over rival chatbot developers. The suit against Apple was voluntarily dismissed, while the case against OpenAI continues. Musk’s companies allege OpenAI maintains an illegal monopoly in the chatbot market and had sought billions of dollars in damages over Apple’s integration of OpenAI into the iPhone operating system.
TREE NEWS update: US President Donald Trump met with OpenAI CEO Sam Altman at the Republican convention. Altman had requested the meeting with Trump. No further details of the encounter were disclosed.
TREE NEWS update: Microsoft’s AI unit led by Mustafa Suleyman has published a ‘Humanist AI’ code of conduct and opened it to public feedback for six weeks. The document is set to guide model training starting in 2027, the company said. Microsoft is inviting outside scrutiny of the principles before they take effect.
TREE NEWS update: Bank of America CEO Brian Moynihan called for the cautious deployment of artificial intelligence alongside necessary controls, saying it is encouraging to hear AI companies take such governance issues seriously. He made the remarks in an interview with Bloomberg Television.
TREE NEWS update: Bank of America CEO Brian Moynihan said the bank is deploying artificial intelligence prudently and applying necessary controls, adding that it is encouraging to see AI companies take control issues seriously. He made the remarks in an interview with Bloomberg Television.
TREE NEWS update: President Trump said he is the only ‘guardrails’ AI needs, dismissing calls for tighter controls on the technology. He also attacked AI developer Anthropic and defended data centers, as industry leaders push to slow development and address safety failures. The remarks set the White House against safety-focused AI firms amid the debate over how far development should proceed.
TREE NEWS update: US House Minority Leader Hakeem Jeffries said Democrats will prioritize AI regulation legislation if they win back the House majority. The remarks set out the party’s intended legislative focus on artificial intelligence oversight should control of the chamber change hands.
TREE NEWS update: US House Speaker Mike Johnson said he will meet with AI company executives this weekend or early next week. The speaker did not name the companies or executives involved, nor specify the agenda for the talks. The meetings are set to take place within days.
TREE NEWS update: US President Donald Trump said he hopes Google will change its stance on a power plant investment in Finland, calling the idea that AI is taking over the world a hoax. Trump made the remarks without providing further detail on the project or Google’s position. No response from Google was immediately reported.
TREE NEWS reports: Google is studying the possibility of building a data center in New Mexico, with talks continuing over a data center project in Lea County. The company has not announced a final decision or disclosed investment figures. The discussions add to a wave of large-scale data center development across the US.
TREE NEWS update: Apple released Siri AI, the company announced. The launch brings Apple’s AI assistant update to users, though no further details on availability, features or pricing were disclosed. The release marks Apple’s latest move in the consumer AI assistant market.
TREE NEWS reports: US senators are debating whether to compel major artificial intelligence companies to commit to safeguards against catastrophic risks. The talks center on binding commitments from leading AI developers, with the scope and mechanism of any obligation still under discussion. No legislative text or timeline was disclosed.
TREE NEWS update: US President Donald Trump said the only control needed over artificial intelligence is a strong president, adding that the United States has such a president “far beyond” what is required. His administration has already stopped people in the AI sector, naming Dario, from engaging in bad or potentially bad “behavior,” and will continue to do so, he said. Trump also said the US has vast criminal and regulatory power over these companies and is leading all other countries in AI.
TREE NEWS update: Seattle-based AI company Nuance has raised a $50 million Series A round led by Lightspeed Venture Partners, with Accel, Nvidia’s NVentures, South Park Commons and Define Ventures participating. Founded last year by three former Apple researchers, Nuance is developing multimodal AI models with stronger emotional understanding. The company previously raised a $10 million seed round led by Accel in July last year.
TREE NEWS reports: Investor Michael Burry criticized OpenAI and Anthropic CEOs for calling on the industry to slow AI development, saying the stance is self-serving. Burry gave four reasons: large language models are not true AI, the calls protect incumbents’ interests, they build hype ahead of IPOs, and they mask weakening growth. He said the push to slow down hides an uncontrollable industry slowdown and delayed listing plans.
TREE NEWS reports: Investor Michael Burry, the figure behind “The Big Short,” attacked OpenAI and Anthropic CEOs over their calls to slow AI development, saying the stance is self-serving. Burry gave four reasons: large language models are not true AI, the calls protect incumbents’ interests, they hype IPOs, and they mask weak growth. He said the appeals to slow down conceal slowing industry growth and delayed listing plans.
TREE NEWS update: Anthropic announced on September 15 the launch of a Claude product designed for financial advisors. The AI company said the offering is aimed at the advisor segment, extending its Claude model line into wealth-management workflows. No pricing, availability details or partner firms were disclosed.
TREE NEWS update: Anthropic has launched a Claude model aimed at financial advisors, the company said. The offering positions the AI model for use in advisory workflows. The announcement gives no further details on pricing, availability or specific capabilities.
TREE NEWS reports: Frontier AI developers are calling for a slower research pace and stronger regulation after a year of rapid development, the Wall Street Journal reported on September 15. Their corporate customers are unlikely to be hit by the same AI safety crises, because enterprises typically deploy already-commercialized models whose capabilities are well understood. Collective co-founder Stephen Messer said most enterprises are not using the most advanced models.
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