Axios: Source: the Trump administration is close to allowing Anthropic to restore access to Fable 5; limits could be lifted as soon as this coming week  —  The Trump administration is close to allowing Anthropic to restore access to its powerful Fable 5 model, which has been offline for 15 days …

Manager Bill Lumberg, played by Gary Cole (left), checks in with his employee in the movie Office Space. ZUMA Press Wire via Reuters Connect A version of this story originally appeared in the BI Tech Memo newsletter. Sign up for the weekly BI Tech Memo newsletter here. BNP Paribas analysts recently spotted a striking contradiction. Even though Cloudflare cut 20% of its workforce earlier this year, the tech company's engineering ranks have surged. Cloudflare employed 1,308 engineers in December. That figure has climbed to 1,894, a 45% jump, according to data BNP crunched from LinkedIn. I ran the numbers past Cloudflare CEO Matthew Prince, who confirmed the trend. So why would a company slash so many jobs while ramping up engineering hiring? His answer reflects how AI is changing the structure of companies across the tech industry, and potentially beyond. Prince's first takeaway: AI ain't killing tech jobs. That's backed up by other data. Open tech roles posted by tech companies are up 14% so far this year, according to TrueUp, a tech jobs marketplace. Open hardware engineering roles have jumped 52%. Instead, AI is changing which jobs companies value most. Prince says three broad groups make up most modern companies: builders, sellers, and measurers. Builders create products. Sellers persuade customers to buy them. Measurers track, audit, manage, report on, and coordinate the business. Builders are secure in an AI world, according to Prince. In fact, he said, if Cloudflare's builders (engineers) become far more productive with AI, he will hire even more of them. Sellers also remain essential because customers still want to buy from people they trust, who understand their problems and can fix them. Measurers are where the AI axe is falling, Prince said, because this new technology increasingly handles these functions constantly and thoroughly. Most of Cloudflare's layoffs earlier this year focused on these measuring roles: Middle managers were cut. Operations shrank into a single group. Finance was consolidated through more automation. Marketing was slashed because, like in many companies, this department was riddled with measurers, the CEO said. The result: fewer people tracking things and more investment in people actually doing the core work of building the business. That's a healthier reset than most AI doomer predictions — even if that's cold comfort for those caught in the transition. Sign up for BI's Tech Memo newsletter here. Reach out to me via email at abarr@businessinsider.com. Read the original article on Business Insider

When confronted with cancer, Connor Christou fed everything tied tied to his regime — blood results, scan data, wearable output, journal entries — into Claude.

Anthropic CEO Dario Amodei has been navigating a high-stakes clash with the White House over government restrictions on the company's most powerful AI models. Anna Moneymaker/Getty Images Anthropic disabled access to Mythos and Fable earlier this month after a US export-control order. Anthropic said Friday it restored access to Mythos 5 for some US organizations. The status of Fable 5 access remained unchanged. Anthropic says it is getting partial relief from the US-imposed restrictions on its latest AI models. The company said in a statement that the government had greenlit limited access to Mythos 5 on Friday. Fable 5, meanwhile, remains on ice. "Since June 12, we've been working closely with the US government to restore access to Claude Mythos 5 and Fable 5. Today, the government notified us that Mythos 5, our strongest cybersecurity model, can be redeployed to a set of US organizations that operate and defend critical infrastructure," Anthropic said in its statement. "We're restoring access for these organizations quickly, and we're continuing to work with the government to expand access to Mythos 5 and make Fable 5 available for general use again." The partial reversal comes about two weeks after Anthropic said it had disabled access to Fable 5 and Mythos 5 in response to a US export-control order. The order barred access to the two models by foreign nationals, including foreign national employees inside Anthropic, which is based in San Francisco. Anthropic said at the time that the order was tied to government concerns that model safeguards could be bypassed. The company disputed the severity of the issue and said that the government did not provide specific details "of its national security concern." The decision marked one of the most direct US government interventions yet in a frontier AI model rollout, raising questions about how the administration plans to regulate access to powerful models that pose potential national security concerns. Anthropic's biggest rival, OpenAI, said on Friday that the US government requested that it limit preview access for its latest series of models, called GPT-5.6, to a "small group of trusted partners." In a statement, OpenAI said such government-imposed limits should not become the norm. "We don't believe this kind of government access process should become the long-term default," the company said. "It keeps the best tools from users, developers, enterprises, cyber defenders, and global partners who need them." Read the original article on Business Insider

Davis Giangiulio / CNBC: Polymarket says its annualized revenue is now $1B+; Dune Analytics: daily volume on Polymarket's US platform rose from ~$50M in mid-May to $200M+ by June 20  —  Prediction market platform Polymarket's annualized revenue are now well above $1 billion, the company shared exclusively with CNBC on Friday.

Jemma Chapman came up with a unique business idea, using her illustrations. Courtesy of Jemma Chapman Jemma Chapman is a Toronto-based illustrator and the founder of Toonie Stamps. She moved to Toronto from the UK on a visa in 2025 and couldn't find a job. She decided to sell tiny prints of her illustrations via gum vending machines. This as-told-to essay is based on a conversation with Jemma Chapman. It has been edited for length and clarity. I'm British, and I moved to Toronto in January 2025. I had qualified as an architect the previous summer and realized I had spent most of my adult life studying and not really living. I thought that before I invested in a job, I'd travel. Traveling provides you with a great perspective as a designer. I got a Young Person's Visa between the UK and Canada, which allows me to live in Canada for two years. That's when I came up with a unique idea. I first had trouble finding a job I came to Canada to find a job in architecture, but I struggled to find employment for eight months. Only a handful of people responded to me. It affected me. I kept telling myself it was because I was a foreign talent. It was hard because I had been building a life. My personal life was going great; I was meeting people and volunteering. I was enjoying Toronto, but the job was a key missing component for the longevity of living here. In my free time, I had been drawing little illustrations of buildings and memories throughout the city. I'd frame them at home as stamps because stamps are a nod to a place and time, and I wanted to have icons of my time here. Jemma Chapman illustrated stamps that she sells. Courtesy of Jemma Chapman My friends told me I should share them on social media. I was worried about accumulating more debt and about people not being kind to me. But on a particularly rubbish day last October, I thought I'd make one video about my art project. One hundred people followed me, and then another hundred more. Very quickly, they were asking where to buy them. It was crazy because I don't see myself as an artist. I began selling my tiny prints I believe the only way people can appreciate and value art is by having access to it, engaging with it, and understanding the joy of owning it. I began selling my tiny prints for $2 online under the name Toonie Stamps. I wanted to provide people with a way to access them physically, too, because this project is a documentation of my experience in Toronto. I wanted to encourage people to explore the city. I bought a gum vending machine on Facebook Marketplace, not knowing if my art would even fit inside. I painted them and branded them, and a friend who worked in a barbecue restaurant told me he could put the gum vending machine there. I did that in January 2026. The stamps are illustrations of places she visits in Canada. Courtesy of Jemma Chapman I now have 6 machines. Each of my machines has a neighborhood map. If people are going to that area of town, maps are a way I can encourage them to explore other local places in that neighborhood. I'm coming from a country where independent retail is on its knees, so I wanted to celebrate that Toronto has a high percentage of independently and locally owned small businesses. Canadians are proud of where they live and very attached to it, so I think championing this helped me get a community behind it. The art project became my business and changed my life This art project has become how I earn a living, but it's also linked to my ethics as a person, what I believe in, and what I'd like to use my art to champion. I have six total machines now. One is installed in a historic post office downtown. That, plus the barbecue restaurant one, are my two permanent vending machines. I rotate the other four. Three are currently in subway stations because I recently launched a collaboration with the Toronto Transit Commission. I now live off of three parts of my project combined: the machines and my online print sales, a mail club where I send pieces from the project to about 150 people a month, and commissioned work. My visa expires in January 2027, but I can extend it for another year. I hope I get a sign-off on it. I would encourage everyone to share their art with the world. It was scary at first; I still feel nervous when I share new designs, but it's always a pleasant surprise at how well they're received. My advice: Emulate in the world what you want to see. Fill the gaps you think are missing; you might be surprised by how many others are happy to see those spaces taken up. Read the original article on Business Insider

Of the nearly 750,000 restaurants across the United States, only one can claim it started it all. Founded in 1837, Delmonico's isn't just a restaurant, it's a living piece of American culinary history. Its legacy includes inventing iconic dishes like eggs Benedict, lobster Newberg, and baked Alaska and serving legends like Mark Twain and Nikola Tesla. But how is this iconic restaurant evolving while holding onto its 190-year-old legacy? We spent a full day inside Delmonico's in downtown Manhattan to find out. Read the original article on Business Insider

Use coding agents to power your knowledge base The post How to Build a Powerful LLM Knowledge Base appeared first on Towards Data Science.

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New models are launching in Asia that promise Mythos-like capabilities without fear of an export ban. U.S. AI labs may never recover this enormous market.

Rising threats from third-party actors are forcing institutions to play defense to protect student data from ransomware and other attacks.

Using Open-Weight Models in Local Coding Harnesses as an Alternative to Claude Code and Codex Subscriptions

The Amble One is a street-legal $25,000 electric buggy designed for luxury resorts.

Scharon Harding / Ars Technica: Streaming services must comply with a California law that bans playing ads louder than the content being watched from July 1, but its implementation is unclear  —  On July 1, it will be illegal for streaming platforms to play ads louder than the content being watched in California.

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Doug Petno and Troy Rohrbaugh are the two frontrunners in the race to succeed Jamie Dimon. JPMorgan JPMorgan named Troy Rohrbaugh and Doug Petno co-presidents, making them the frontrunners in the CEO race. Though they co-led the investment bank, Rohrbaugh and Petno have distinct strengths. Here's a guide to the two top contenders, one a great risk manager, the other a client confidant. And then there were two. JPMorgan elevated Troy Rohrbaugh and Doug Petno to co-presidents on Thursday, the clearest sign yet that they are leading the race to replace CEO Jamie Dimon. The announcement comes after more than a decade of speculation and a rotating cast of succession candidates. Even now, the field could keep shifting until the day Dimon steps down. While both are held in high esteem at JPMorgan, Petno and Rohrbaugh have distinct strengths — the former is known for his charm and client relationships, the latter for his trading chops and quieter risk management. Petno and Rohrbaugh had jointly led the commercial and investment bank, which Petno will now lead on his own as Rohrbaugh becomes CEO of the firm's consumer and community banking unit. Marianne Lake, the current head of consumer and community banking who had been seen as a frontrunner in the CEO race, is retiring. Though the announcement effectively narrows what had been a more crowded field to a two-person race, it doesn't seem that Dimon, 70, plans to step down anytime soon. Analysts from Bank of America said the announcement, especially Lake's retirement, suggests Dimon will stick around for several more years, and his timeline could impact whether Petno, 61, or Rohrbaugh, 56, lands his job. "It's a question of timing more than anything," Mike Mayo, a Wells Fargo banking analyst, said. Mayo said that Rohrbaugh, with his relative youth, likely has a better shot at becoming CEO the longer Dimon stays in the position. Their decadeslong careers at the bank Petno has worked at JPMorgan for more than 35 years, though originally thought he would be a veterinarian, he told his alma mater, Wabash College, in 2019. He started at the firm as an investment banker and eventually became head of the natural resources group. He became the CEO of commercial banking in 2012, and under his leadership, revenue more than doubled. In 2024, he became the co-head of global banking, before becoming co-head of the investment bank in 2025, the role he shared with Rohrbaugh. Through his three decades at the firm, Petno became known as one of Dimon's close associates, with a finger on the pulse of top customers. Dimon described him as "a great client guy and a culture carrier" in an interview with Bloomberg at the beginning of last year, adding that he has a good sense of humor. The CEO has trusted him with big projects over the years, tapping him to help combine the corporate and investment banks and build up the firm's startup banking capabilities. "I learned to observe the people and types of behavior I admire and embrace it, building it into my own style," Petno told Wabash in 2019 about his rise. "People took chances on me, including Jamie." Rohrbaugh has been less of a public- and client-facing figure. A veteran trader who started at JPMorgan in 2005, he's built a reputation as someone who knows how to navigate risk — he said in an interview with Bloomberg last year that, being a trader by background, "I worry about everything." That skill could make him an attractive CEO candidate, an industry recruiter previously told Business Insider. The 56-year-old studied political science and played football at Johns Hopkins, and started his finance career trading options at the Philadelphia Stock Exchange. He then worked at Banque Nationale and Goldman Sachs before joining JPMorgan's foreign-exchange business. Rohrbaugh helped stabilize and mature the business while pushing to modernize its technology capabilities. He's also served as head of global markets, and his experience at JPMorgan has spanned Asia, London, and New York. Rohrbaugh was vaulted more publicly into the succession race when he became co-head of the commercial and investment bank in 2024. In a video to Johns Hopkins' football team in 2023, Rohrbaugh, dressed in blue jeans, advised staying "calm under pressure" — potentially useful words of advice given his current circumstances. Proving they're up for the job Now that Rohrbaugh and Petno are locked into their roles as co-presidents — they each received a one-time $30 million retention bonus, according to an SEC filing — they'll need to prove they're up for the CEO job that's been synonymous with Dimon's name for decades. Petno, as the sole head of the corporate and investment bank, has the chance to maintain his strong client relationships and impact on firm culture, Chris McGratty, an analyst at KBW, said in an email. On top of that, the veteran investment banker will need to demonstrate his handle on the markets business. He's also one of the people spearheading the Security & Resiliency Initiative, a $1.5 trillion effort that's a huge focus for Dimon. Rohrbaugh, on the other hand, is now overseeing an entirely new group of people and line of business on Main Street rather than Wall Street, giving him wider insight into the sprawl that is JPMorgan. In his new position, he's overseeing more than 5,000 branches across the country. The new role could also address his more limited experience in high-profile leadership roles, which Mayo, the Wells Fargo analyst, described as a potential "shortfall." With Dimon seemingly entrenched as CEO for at least a couple more years, the two men, former football and soccer players, have just started what might be the most public game of their lives. It seems all of Wall Street is filling the stands. Read the original article on Business Insider

Qantas' specially modified Airbus A350 is optimized for range endurance and passenger health on flights lasting up to 22 hours. Airbus Qantas unveiled its first custom Airbus A350-1000ULR for "Project Sunrise." It will fly a new 22-hour nonstop route between Sydney and London starting next year. The modified A350 features luxury cabins, a wellness zone, and advanced fuel systems. Australia's national carrier is preparing to launch new 10,000-mile flights that could last up to 22 hours nonstop — and it needs a custom Airbus jet with extreme endurance to pull them off. After years of delays, Qantas last week finally unveiled the centerpiece of its "Project Sunrise" initiative: a specially modified A350-1000ULR with extra fuel tanks, structural enhancements, ultra-premium first-class cabins, and a dedicated "wellbeing zone." The nose-to-tail enhancements — based on Qantas' years of research into how ultra-long flights affect passenger movement, sleep, and alertness — are designed to make nearly a day in the air more bearable. Airbus has begun flight testing the modified A350-1000ULR in France as it works toward European certification. If all goes to plan, bookings for the first Project Sunrise flight between Sydney and London will open in February 2027. The inaugural will take off in October 2027. Qantas will join the handful of other airlines that have separate beds in first class, like Singapore and Etihad. Stuart Bailey/Stuart Bailey This will effectively eliminate Qantas' current one-stop routing and cut travel time to London by four hours. It will also dethrone Singapore Airlines' current world's longest flight between Singapore and New York, which takes 19 hours and covers about 9,500 miles. The timing for nonstop service to New York — Qantas' second planned Project Sunrise city, which will take a slightly shorter eastbound route across the Pacific — and other international destinations will be announced next year. Project Sunrise is expected to open new market opportunities for Qantas by attracting premium leisure and business travelers willing to pay for the convenience of these new nonstop flights. But flyers will likely pay a premium for tickets because of the plane's lower capacity, higher fuel and crew expenses, and its exclusivity on the nonstop route. Once testing is complete, the aircraft will be stripped of its test equipment, outfitted with cabins, and delivered to Qantas. Tim Hepher/REUTERS For reference, a Qantas one-stop to London this summer often costs roughly $2,000 round-trip; first class can exceed $20,000. The project is about five years behind schedule due to a combination of COVID-related constraints, the complexity of the A350 redesign, defects on the plane's Rolls-Royce Trent XWB-97 engines, and supply chain bottlenecks. Still, Qantas' long-awaited Project Sunrise flights will be a full-circle moment: the name is a nod to the airline's "double sunrise" route that, more than 80 years ago, connected Australia and England via several stops over multiple days during World War II. Extra fuel tanks and a new cooling system Qantas' special A350 needs a handful of key modifications to achieve the record-breaking range. This includes a new 5,300-gallon rear-center fuel tank that complements three others in the belly and the wings. Airbus said the tanks have "highly sensitive sensors" that continuously monitor fuel flow, temperature, and overall performance. Airbus flight-test engineers have workstations on Qantas' A350-1000 ULR for the certification campaign. Airbus The aircraft also features a new galley cooling system that reduces weight and keeps catering fresh for longer. But these novel systems must first be thoroughly tested before certification. Since the test aircraft is the same one destined for Qantas' fleet, Airbus had little room for error and custom-built five metric tons of monitoring equipment to support the program. For example, to ensure the galley system maintains a comfortable environment, Airbus is using "dummy" passengers to simulate the body heat of real people and monitor cabin temperature. The "dummy" passengers on the A350 test plane to simulate body heat. Thousands of feet of orange cabling support the testing. Airbus The tests are being done by highly specialized Airbus experimental test pilots and flight test engineers. More than 360 pilots and 1,200 flight attendants are being trained for Qantas' planned fleet of 12 Project Sunrise A350-1000ULRs. An ultra-luxe first class and a wellness zone Qantas' ULR fleet will feature a low-density, premium-heavy cabin with 238 seats, far fewer than the roughly 400 passengers a typical A350-1000 variant can accommodate. The seats are split across four cabins: six in first class, 52 in business class, 40 in premium economy, and 140 in regular coach. First class is expected to be highly priced. Qantas' Project Sunrise first-class suite will join the few other global airlines that have separate beds, like Singapore and Etihad. Stuart Bailey/Airbus The exclusive cabin features a sliding door, a separate recliner and 80-inch bed, a full-length wardrobe, and space for two people to chat or dine together. Think of it like a mini hotel room. Lie-flat business class will also be suite-style with a door, while premium economy will feature leg and footrests and winged headrests. Qantas said economy class will offer more legroom than on any of its other planes. Beyond the seats, there will be a wellbeing zone in an open space between economy and premium economy for stretching, movement, and hydration. Even coach class is welcome. Airbus industrial designer David Caon shows the planned lighting scenes during a media presentation in June. Tim Hepher/REUTERS The entire cabin also features enhanced lighting and circadian rhythm systems, including 12 lighting scenes such as "Sunrise," "Sunset," and "Awake," designed to help passengers adjust to their destination time zone and mitigate jet lag. Qantas is also relying on meal timing and flexible dining options to further improve the experience. "This aircraft has been designed from the ground up for ultra long-haul travel, with a cabin built around science and combatting jetlag, with an onboard experience purpose-built for the length of the journey." Qantas Group CEO Vanessa Hudson said in a press release. Read the original article on Business Insider

Microsoft CEO Satya Nadella George Chan/Getty Images Satya Nadella said firms should create AI models tailored to their unique business needs. Microsoft is embracing a multi-model AI strategy, hosting diverse models on its Azure AI Foundry. Nadella warns of economic risks if AI models are concentrated in the hands of a few companies. If you own a company, Satya Nadella thinks you should build your own AI. In an interview that went live Friday, Microsoft's CEO told Yash Patil, cofounder of Applied Compute, that every company should create AI models tailored to its own business. "My simple thing is there should be as many models in the world as firms in the world," Nadella said. "Because after all, what is a firm? A firm is a learning system." "I don't want to be locked into any one model," Nadella added. "I want to be able to use my own context, my own data — in fact, my own traces to maybe even take a much more open-weight, cost-efficient model or a fine-tuned model." The comments mark one of Nadella's clearest visions yet for enterprise AI. Many companies rely on foundation models from a relatively small group of AI companies, including OpenAI, Anthropic, Google, and Meta. Microsoft has increasingly embraced a multi-model strategy through Azure AI Foundry, which also hosts models such as DeepSeek and Cohere, rather than relying solely on OpenAI. Amazon has pursued a similar strategy with Bedrock, while Google Cloud offers a growing catalog of third-party and proprietary models alongside Gemini. Many enterprises are also experimenting with open-weight AI models, which have publicly available parameters so that companies could fine-tune and deploy the AI themselves, such as Meta's Llama and Mistral's models. Nadella said that AI concentration poses long-term economic risks. "It can't be, 'Hey, look, I have two frontier models or three frontier models' or whatever, some finite set that have learned everything that is differentiated today in the economy because then it collapses,'" Nadella said. "You can always buy a tool, you can even outsource a task or even a job, but you can't outsource your learning," Nadella added. "If you outsource your learning, then why exist?" Read the original article on Business Insider

Don Clark / New York Times: A look at advanced chip packaging, now more reliant on TSMC and its partners in Taiwan than ever, and the efforts to address this bottleneck in the US  —  A silicon wafer reflecting Subramanian Iyer, a specialist at the University of California, Los Angeles, in a technology called advanced chip packaging.

Wency Chen / South China Morning Post: Sources: Meituan, Baidu, Xiaomi, and other Chinese tech giants have been trimming their workforces, fueling Chinese workers' concerns of being replaced by AI  —  When a friend checked in on a Meituan employee late last month to see if he had survived the latest round of corporate culling …