Edition Summary (20 Pages)

AI safety and governance dominated coverage as eight US states sued OpenAI over alleged ChatGPT harms, while the FTC investigated OpenAI and Anthropic and Anthropic granted independent evaluators deeper access to its models. Competition intensified with Google’s Gemini 4 Argon, Meta’s open-weight Muse Spark Open supported on Apple hardware, and Microsoft’s MAI-Base-2, while Amazon introduced new Bee AI wearables. Enterprise vendors advanced agentic AI controls, notably ServiceNow’s AI Passport and employee-built agents, alongside Workday’s identity and automation initiatives. Rising borrowing costs and doubts about infrastructure returns pressured AI-linked semiconductor and cloud stocks, as Anthropic’s anticipated IPO attracted valuation scrutiny. Sovereign AI initiatives also expanded through national investment commitments and partnerships across Europe and Asia.