Cybersecurity vets protest 'dangerous' US government ban on Anthropic's most powerful models

• EU tech chief Henna Virkkunen asserted that Europe does not pose a security risk to the U.S. following a U.S. order restricting access to powerful AI models. • The tension follows the U.S. government's decision to shut down Anthropic’s Fable 5 and Mythos 5 models due to security concerns.

• At the 2026 ULI Europe Conference in Berlin, experts discussed strategies for maintaining European competitiveness amidst increasing global fragmentation. • Speakers argued that Europe should focus on its unique strengths in governance, resilience, capital formation, and the quality of its livable cities rather than attempting to match the scale of China or the U.S.

• EU Commissioner Henna Virkkunen introduced the European Technological Sovereignty Package on June 3 in Brussels to reduce reliance on non-European digital technology suppliers. • The initiative includes the Chips Act 2.0 and the Cloud and AI Development Act, targeting the EU's deep entanglement with dominant US AI ecosystems.

• A survey of 200 senior leaders across Western and Central Europe reveals that while nearly all organizations feel pressure to scale AI for customer experience (CX), only 38% have a clear governance approach. • The research, conducted by CallMiner, highlights a widening gap between rapid AI adoption and the necessary frameworks to manage compliance and customer trust.

• West Auckland-based Grinding Gear Games reported a massive revenue surge, with earnings jumping five-fold from $105 million to $526 million. • The financial growth was driven by strong performance and included $3 million in taxpayer funding as part of the mix.

• Inc42 has released the ninth edition of its "AI Startups To Watch" list, highlighting five emerging companies that stood out in June. • The featured startups include Flaunt, JupiterBrains, SubVerse AI, Trench Security, and YoLearn.ai.

• Infocomm 2026 is returning to Las Vegas as a primary gathering for the professional audiovisual (ProAV) and digital signage industries. • Invidis consulting is providing an "Infocomm 101" guide to help attendees navigate the event, highlighting specific invidis sessions and the launch of a new Americas Yearbook.

• Hong Kong businesses have surpassed the global average in AI spending, focusing primarily on creating safe testing environments for the technology. • In contrast, mainland Chinese firms are aggressively integrating AI directly into their workforces to reshape daily operational workflows.

• Microsoft has reportedly shut down Compulsion Games, the studio behind the upcoming title South of Midnight. • The closure comes despite the game being a highlighted project for the Xbox ecosystem, leaving the current status of the title's release uncertain.

• Asia hedge funds have achieved triple-digit gains through May, driven by a powerful AI-led market rally. • Hong Kong’s WT Asset Management reported a net return of 103% for its long-short China Focus fund year-to-date, including a 20% surge in May alone.

• Taiwanese companies significantly increased their enterprise AI investments and adoption throughout 2026, according to the latest Enterprise AI Maturity Index from Dun & Bradstreet. • Despite this growth, firms are struggling with critical gaps in technology architecture and a lack of measurable return on investment (ROI).