THE DAILY BRIEF

Revolut disclosed a customer data breach where attackers obtained information by submitting forged government requests. The company notified affected customers and alerted law enforcement and financial regulators.

► This breach exposes a critical vulnerability in fintech security: attackers can bypass traditional controls by impersonating government authorities, not just hacking systems.

Waymo opened its autonomous taxi service in Las Vegas, expanding its commercial robotaxi operations beyond existing markets. The service marks a major milestone for the company's autonomous vehicle ambitions.

► Waymo's Vegas launch demonstrates that self-driving taxis are moving from proof-of-concept to real revenue generation, pressuring traditional rideshare companies to accelerate their own automation strategies.

Anthropic's $1.5 billion settlement with authors and publishers over AI training data is unraveling as beneficiaries fight over payment distribution. The chaos signals fundamental disagreements about how compensation should be structured.

► This breakdown shows that money alone won't resolve AI's data licensing conflicts—the industry still lacks a consensus framework for fairly compensating content creators.

TRUMP DISMISSES AI SAFETY, CHINA OPPOSES SLOWDOWN

President Trump called AI safety concerns a 'hoax' during a live call with Nvidia CEO Jensen Huang, while China rejected international calls to slow frontier AI development. Both moves undermine industry leaders' recent informal agreement to pace AI advancement.

► With the world's two largest economies rejecting AI restraint, any voluntary slowdown by tech leaders becomes meaningless, likely accelerating an uncoordinated global race to frontier AI.