OpenAI reportedly plans to share its newest model, GPT 5.6, with a select group of partners instead of with the broader public. The reason: the Trump administration told it to.

The decision by Amazon-owned MGM Studios to drop the OpenAI movie is just part of AI and film industries becoming increasingly intertwined. On Uncanny Valley, we look at where this is all headed.

Jennifer Piepszak, Marianne Lake, and Mary Erdoes were all seen as contenders to succeed Jamie Dimon. BII; Getty Images Doug Petno and Troy Rohrbaugh became front-runners in JPMorgan's succession race Thursday. Less than two years ago, three women had been among the top contenders for Jamie Dimon's job. Here's how the dynamics shifted, leaving it unlikely that a woman will lead another major US bank soon. Less than two years ago, it seemed reasonably likely that a woman would be the next person to lead JPMorgan. As of Thursday, that seems a very slim possibility. JPMorgan named Doug Petno and Troy Rohrbaugh, current co-heads of the bank's commercial and investment bank, as co-presidents, setting them up as the frontrunners to succeed longtime CEO Jamie Dimon. Their promotions, the bank said in a press release, "are part of the Board's ongoing succession planning process." Petno and Rohrbaugh were among a handful of powerhouse candidates poised to succeed Dimon, including Jennifer Piepszak, chief operating officer, Marianne Lake, CEO of the commercial bank, and Mary Erdoes, CEO of asset and wealth management. How, in a mere 18 months, did the field narrow from predominantly women to all male? Dimon has led JPMorgan since 2006, and his leadership during the 2008 financial crisis cemented his status as one of the most trusted figures on the Street. Yet he celebrated his 70th birthday this year, and questions about who would fill his shoes have circled for more than a decade. When Dimon underwent treatment for throat cancer in 2014, the Wall Street Journal reported that Erdoes was among the top two contenders to take over, should there be an immediate leadership change. Lake was also listed among the longer-term succession candidates. Come 2020, Citi announced that Jane Fraser would become its CEO, making her the first woman to lead a major US bank. When The New York Times published an article speculating which women might follow in Fraser's footsteps, Lake and Piepszak were at the top of the list. Five years later, Piepszak became JPMorgan's chief operating officer, a promotion that, on its face, would have made her the most likely to succeed Dimon. Yet she said she had no interest in the job, effectively taking herself out of the race. And on Thursday, Lake did something similar by announcing her retirement after more than 25 years at the firm. That leaves Erdoes, whose position remains unchanged, according to the release. She wasn't mentioned in the part of the announcement explicitly about succession, and her name only came up in the last paragraph of the press release. Though Lake's departure refigures the race's dynamics, it's not entirely surprising that Rohrbaugh and Petno emerged as front-runners. Erdoes, for one, runs a much smaller business than the two of them — in the first quarter of this year, the commercial and investment bank generated $9 billion in net income, compared with $1.8 billion in asset and wealth management. Her name came up in headlines about Jeffrey Epstein earlier this year, as the two exchanged emails when she was one of his primary contacts at the bank. There's no indication that her communications with Epstein have had any bearing on the succession race, and JPMorgan declined to comment on the matter. Even with Thursday's announcement, women are still embedded in JPMorgan's innermost inner circle — seven of the people on the thirteen-person operating committee are women. Despite the rise of the girlboss, it remains difficult for women to reach the highest echelons of Wall Street, still seen in many ways as a, if not the, boys' club. Last year, David Solomon, the CEO of Goldman Sachs, said the bank hadn't made enough progress in elevating women to leadership roles. It appears that Fraser will remain the only woman leading a major US firm for the foreseeable future. Dimon is uniquely embedded as a Wall Street leader, since investors laud his performance. Analysts from Bank of America said in a note that Lake's retirement suggests Dimon will remain CEO for several more years. "While the departure of Lake — widely regarded in the industry as one of the best banking executives — is a loss no doubt, we believe the implication that the move indicates several more years of Dimon as CEO is a far bigger positive," the note read. Wells Fargo banking analyst Mike Mayo, meanwhile, said he was "surprised and puzzled" to see Lake — a "star executive" — depart. But that's one cost of having a CEO as successful and long-tenured as Dimon. The flip side is that JPMorgan "manufactures CEOs," Mayo said. "The next Marianne Lake is probably being groomed." Read the original article on Business Insider

The fintech company's engineering-first application security team reengineered the process for granting system access, making it easier and more secure for developers working on their projects. Here are the lessons learned from Robinhood's experience.

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<p><strong><a href="https://www.schneier.com/blog/archives/2026/06/ai-and-liability.html">AI and Liability</a></strong></p> Bruce Schneier and Nathan Sanders on the recent <a href="https://the-decoder.com/landmark-german-ruling-declares-googles-ai-overviews-are-googles-own-words-and-makes-it-liable-for-false-answers/">German ruling</a> that Google be held liable for errors introduced in their AI overviews:</p> <blockquote> <p>AI agents are agents of the person or organization that deploys them—and should be treated by the law as such. If a company hired human writers to write its summaries, that company would be liable for inaccuracies in those summaries. [...]</p> <p>To allow businesses to hide behind the excuse of faulty AI in those same circumstances would be a massive handout to companies, and would introduce disastrous incentives for corporate misbehavior. Why hire human writers, lawyers or doctors when AIs are not only cheaper, but also absolve employers whenever they make a mistake?</p> </blockquote> <p>Tags: <a href="https://simonwillison.net/tags/bruce-schneier">bruce-schneier</a>, <a href="https://simonwillison.net/tags/google">google</a>, <a href="https://simonwillison.net/tags/law">law</a>, <a href="https://simonwillison.net/tags/ai">ai</a>, <a href="https://simonwillison.net/tags/generative-ai">generative-ai</a>, <a href="https://simonwillison.net/tags/llms">llms</a>, <a href="https://simonwillison.net/tags/ai-ethics">ai-ethics</a>, <a href="https://simonwillison.net/tags/hallucinations">hallucinations</a></p>

Shaders are GPU programs that process visual data—such as rays, pixels, geometry, and textures—to produce specific rendering effects. Shaders find necessary... Shaders are GPU programs that process visual data—such as rays, pixels, geometry, and textures—to produce specific rendering effects. Shaders find necessary data through a process called resource binding. CPU code orchestrates the creation of GPU resources such as textures and memory buffers and then carefully arranges for shader code to access them through a binding protocol. Source

Reuters: Apple says it removed VK's apps from the App Store to comply with sanctions; VK says they were removed without warning and it has never been under US sanctions  —  The Kremlin demanded an explanation from Apple (AAPL.O) on Thursday after several Russian mobile apps related …

YouTube Shorts is getting a makeover.

Marina Temkin / TechCrunch: Patronus AI, which builds simulated digital environments for evaluating AI agents, raised a $50M Series B led by Greenfield, bringing its total funding to $70M  —  AI agents are becoming more sophisticated.  They are evolving from answering questions to autonomously executing multi-step complex tasks.

The flaw enables server-side request forgery (SSRF) and escalates privileges to root, impacting Cisco Unified CM and Unified CM SME deployments.

Om Malik / On my Om: Om Malik, a longtime technology writer, founder of Gigaom, and a partner at True Ventures, died on Wednesday at 59  —  Om Malik passed away on June 24, 2026, at Stanford Hospital after a long health journey with his heart.  He was surrounded by family and friends.

TSA Oil prices have fallen to about $70 a barrel amid a US-Iran peace deal, but fares likely won't drop. Analysts say carriers are seeing favorable supply-and-demand dynamics, partly driven by the war. US airline stocks are rallying as investors expect lower oil prices to boost profitability. Flyers hoping for cheaper flights this summer may be disappointed. Oil prices — airlines' second-largest expense after labor — have tumbled to nearly $70 a barrel from highs above $100 after the US and Iran announced a preliminary agreement to end the nearly four-month war that closed the Strait of Hormuz, a vital artery for global oil shipments. Aviation analysts say airlines won't rush to cut ticket prices or their lucrative checked-bag fees even if the war between the US and Iran ends. Israel is also not a direct party to the agreement. Since the US and Israel launched the conflict in late February, carriers have cut unprofitable routes and raised fares and ancillary fees to offset higher fuel costs. Richard Aboulafia, aviation analyst and the managing director of AeroDynamic Advisory, told Business Insider that tight seat supply, combined with resilient demand, has given airlines little incentive to reverse course on pricing. "Things are pretty good, maybe traffic is down a little, but profits aren't, right?" he said. "So why would you? Inflation is a great excuse to get more pricing power." US airline stocks are rallying as investors expect the favorable mix of lower fuel costs and sustainable high fares to boost profitability. Data from KAYAK flight search shows that average domestic airfares are up about 8% since the war started; average international airfares are up about 18%. Fares from the US to Amsterdam and London, for example, have increased by more than $200 roundtrip. US airlines have also raised checked bag fees by as much as $50 one-way to offset soaring oil prices, with most major carriers now charging between $40 and $50 per bag each way. Airline CEOs at Delta, United, and Southwest aren't disputing analysts' warnings, saying resilient demand, tight capacity, and durable pricing power are reasons fares are likely to remain elevated even if oil prices ease further. "We and our competitors are all focused on ratable production of results, steady production of results, sustainable margins, and so I do think that produces a backdrop where we'll certainly not attempt to give some of these fare increases back," Southwest CEO Bob Jordan said at the Bernstein Strategic Decisions Conference in May. Don't expect flight prices to drop Raymond James analyst Savanthi Syth told Business Insider that for airline ticket prices to fall, supply needs to increase or demand needs to soften — but she said that's unlikely, especially since oil is still up 50% year-over-year and oil shocks may continue even with a deal. "Capacity through August is likely mostly finalized by now, so the opportunity to gain confidence to add back more capacity (or get back to the prior plan) would be in 4Q at the earliest," she said, referring to the fourth quarter that begins in October. US airline stocks have surged in recent days as oil prices fall and investors anticipate wider profit margins. Delta Air Lines' stock has risen above $90 since Wednesday, surpassing its pre-war high of about $75 in early February. United Airlines' stock is trading at about $134 on Thursday, up from roughly $117 before the conflict. The carrier has outperformed its legacy rivals on Wall Street in recent years as it adds new aircraft, expands premium cabins, and grows its international network. American Airlines has also gained ground, though its stock remains well behind its larger rivals at about $17 a share as of Thursday. The carrier has historically trailed Delta and United in profitability. These rallies could quickly fade if tensions in the Middle East escalate again and the Strait shuts back down. The Trump administration has repeatedly announced possible deals to end the war, but many ultimately fell through. The latest agreement, signed last week, extends the ceasefire for 60 days as the sides negotiate on the thorniest issues, including the whereabouts of Iran's highly enriched uranium. The Trump Administration signed an agreement extending the ceasefire by 60 days in mid-June. Win McNamee/Getty Images Officials have spoken about the deal in broad statements, but its specific terms remain secret. On Tuesday, President Donald Trump warned that if Iran were to acquire a nuclear weapon, "all hell will rain down on them." Time will tell how durable the US-Iran agreement proves to be, and some airlines may be hedging their bets. United CEO Scott Kirby told Bloomberg at an industry conference in early June that he is not confident any deal to reopen the Strait of Hormuz would last. Syth said that airlines in general may also be hesitant to add capacity after a series of shocks over the past two years, including persistent inflation that has driven up operating costs and two government shutdowns that caused mass flight delays and cancellations. NerdWallet travel analyst Sally French told Business Insider that the pricing picture also has to factor in Spirit Airlines' collapse in May and the loss of its cheaper tickets. "With fewer seats and one fewer ultra-low-cost carrier, we're generally not seeing the kind of downward pressure on fares that budget-conscious travelers want," she said. As for checked bag fees, all three analysts say they are unlikely to drop. Data from the Bureau of Transportation Statistics shows US airlines made roughly $5.5 billion in revenue from checked bag fees in 2025. "Changes there tend to be stickier regardless of the demand environment," Syth said, adding that it should be a while before bag fees increase further if oil prices are lower. Editor's note: This article was originally published on Monday and has been updated. Read the original article on Business Insider

Ann Gehan / The Information: Source: Google is asking publishers that test new AI features in Google News to grant it broad rights to their content, including to potentially train AI models  —  Google is tightening the screws on news publishers.  —  In recent months, the tech giant has been pitching publishers …

Samantha Subin / CNBC: Chipmaker Onsemi agrees to buy Synaptics in a nearly $7B all-stock deal expected to close in the middle of 2027; ON drops 9%+ and SYNA jumps 11%+ after hours  —  On Semiconductor has agreed to buy Synaptics in a nearly $7 billion all-stock deal to bolster its push into physical artificial intelligence technology.

The FSB state-sponsored operation has gotten a lot better at loading its malware and hiding its servers.

Alan Neuhauser / Axios: Source: Muon Space, which operates satellite networks for climate and national security monitoring, is raising $250M; it has raised ~$181M since its 2021 launch  —  Muon Space, which builds and operates satellite networks, is raising $250 million, Axios Pro has learned.

New York Times: Sources: OpenAI leans toward holding off its IPO until 2027 after warnings that Sam Altman's desired $1T valuation may not be met in current market conditions  —  The A.I. company's advisers are pushing its chief executive, Sam Altman, to move slowly after SpaceX's stock has been volatile …

Educational institutions, the edtech companies they rely on, and, more concerningly, the challenges they pose for schools are the focus of the latest Reporters' Notebook video series.

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