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Image: NBC News• The U.S. government accused six Chinese AI companies, including DeepSeek and Alibaba, of copying American artificial intelligence models. • This represents the most detailed accusation to date regarding the theft of AI secrets from U.S. firms. • These allegations increase geopolitical tension and legal risks for Chinese developers attempting to compete in the global AI market.
nbcnews.comJeremy Greenwood tells inquiry note contained agreement with Jean Nassif as counsel assisting says ‘threads of your story pull apart very quickly’A Liberal operative has denied making up a “pink” or “fuchsia”-coloured piece of paper which he says was the record of an agreement with a property developer worth up to $5m, a corruption inquiry has heard.Jeremy Greenwood told the Independent Commission Against Corruption (Icac) on Wednesday that the note, which he did not mention in a preliminary interview with the watchdog, was not a “recent invention”. Continue reading...
theguardian.comRightwing NSW powerbrokers are alleged to have received illegal political donations from fugitive developerFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastTwo Liberal operatives traded photos and messages about whether to buy a Porsche or a Ferrari with payments they received for Toplace projects they got approved via a New South Wales government fast-track development process.The Independent Commission Against Corruption on Monday heard more evidence from lobbyist Jeremy Greenwood, a principal of Beckington Consulting, who is alleged to have shared in $2m in payments from the fugitive developer Jean Nassif, owner of the now collapsed Toplace. Continue reading...
theguardian.comSydney-headquartered group suspends work on some of its 45 construction sites impacting 60% of workforceMore than 200 workers at Sydney-headquartered Bathla Group have been stood down as administrators of the embattled property developer seek emergency funds to stave off a company-wide collapse.The insolvency advisory Teneo said on Monday that new short-term funding arrangements would only allow Bathla to continue construction on some of its 45 construction sites, though it did not identify which projects were being prioritised. Continue reading...
theguardian.comSemi-conductor giant bets that support for open AI models could offset potential slowdown in demand for chipsNvidia will buy the popular developer platform Hugging Face for nearly $13bn, betting that support for open AI models could offset a potential slowdown in demand for the semiconductor giant’s chips.Shares in Nvidia were slightly lower after the $12.93bn (£9.57bn) deal – which ranks among its biggest ever – was announced for the database of AI models on Thursday. Continue reading...
theguardian.comBrother of the former premier says he lied to developer Jean Nassif about doing political work for him and rejects accusation he is fabricating evidenceFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastCharles Perrottet has repeatedly denied taking payments from the property developer Jean Nassif to achieve political outcomes for him, telling a corruption inquiry he cannot explain a message sent after a Nassif development was refused, which said: “Charles fucked this whole thing.”Charles, the brother of former New South Wales premier Dominic Perrottet, has previously told the Independent Commission Against Corruption he would lie to Nassif about doing political work for him. On Thursday, he said he may also have regularly lied to close friend Christian Ellis, who is named in Icac’s allegations. He rejected the accusation he was fabricating evidence to Icac. Continue reading...
theguardian.com• New NSW education rules will limit Year 12 students to a single take-home assessment per HSC course to combat the misuse of AI. • These assessments will now account for no more than 15% of the total school-based assessment mark. • Separately, China has threatened "consequences" following Taiwan's presence at the Pacific Islands Forum opening ceremony.
theguardian.comLiberal party figure tells inquiry he never asked Jean Nassif ‘for payments for political outcomes’ as lawyer tells him she is ‘gobsmacked’ by his ‘obfuscation’The younger brother of Dominic Perrottet has insisted he never asked a fugitive property developer for money for political outcomes – including at a meeting at fine-dining restaurant Nobu in Crown Casino, an inquiry has heard.On Tuesday, the New South Wales Independent Commission Against Corruption (Icac) heard that developer Jean Nassif had withdrawn from a scheduled videolink appearance from Lebanon later this week, after Charles Perrottet faced questions about the dinner meeting between the two men in Melbourne in May 2021. Continue reading...
theguardian.comAdministrators said it would be forced to close the business if it failed to secure additional funding, revealing hundreds of staff have not been paid for weeksThe administrators of embattled property developer Bathla Group have said the company will fold by the end of the week unless they can secure additional funding to keep it afloat.The insolvency advisory Teneo assumed control of Bathla’s operations on 25 August after the Sydney-based construction company went into voluntary administration. Continue reading...
theguardian.comNevada-based Kingsbarn Realty Capital seeks to acquire land to construct private road to development outside parkThe Trump administration is reportedly pushing to give a parcel of land inside Yosemite, the country’s first national park and one of its most popular, to a Nevada-based private developer.Staff with the National Park Service have been exploring how the agency can give a quarter-mile parcel to a company operated by Kingsbarn Realty Capital, the news outlet Notus reported on Friday, citing agency documents and unnamed sources “directly familiar with discussions”. Continue reading...
theguardian.comFormer building commissioner David Chandler told inquiry of clashes with ‘loud and overbearing’ developer Jean NassifGet our breaking news email, free app or daily news podcastA fugitive Sydney developer allegedly warned the then-New South Wales building commissioner that he would “harm” him if he got in the way of his projects which were being inspected for defects, the corruption watchdog has heard.Giving evidence to the Independent Commission against Corruption on Thursday, David Chandler described an interaction he had with Toplace developments’ Jean Nassif. Continue reading...
theguardian.comBathla Group says softening sales and impacts from federal government’s May budget contributed it being placed in voluntary administrationFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastEmbattled home builder Bathla Group has been placed into voluntary administration, leaving customers in limbo in what it says is a “perfect storm” of circumstances.It joins the long list of Australian residential builders and property developers which have entered voluntary administration or liquidation due to soaring material costs, labour shortages and fixed-price contracts. Continue reading...
theguardian.comCharles Perrottet appeared to be furthering Jean Nassif’s interests when he shared a secret recording, a former NSW MP claimsFollow our Australia news live blog for latest updatesGet our breaking news email, free app or daily news podcastDominic Perrottet’s brother shared “dirt” – including a secret pocket phone recording of a minister – to try to help a property developer achieve political outcomes, lawyers assisting a corruption inquiry have alleged.Former New South Wales Liberal MP and staffer Chris Spence told the Independent Commission Against Corruption (Icac) on Monday that Charles Perrottet may have been acting in the interests of fugitive property developer Jean Nassif when Perrottet shared audio recordings with Spence in 2021, although he denied having knowledge of any plans Perrottet may have had at the time. Continue reading...
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Image: Traders Union• Residents and critics are scrutinizing unallocated developer funds in Canary Wharf, demanding transparency regarding why promised community investments remain unspent. • The controversy centers on a lack of clarity over how these funds are being managed and the delay in implementing local infrastructure and social projects. • This issue matters as it highlights a potential gap between developer obligations and the actual delivery of community benefits in one of London's primary financial hubs.
tradersunion.com• Chinese AI model developers, including ZpuAI and Minimax, are experiencing extreme stock volatility despite entering the market before U.S. rivals like OpenAI and Anthropic. • Minimax saw a dramatic price swing, surging from an offering price of HK$165 to a peak of HK$1,330 in March, before crashing to HK$193.1 and recently rebounding to HK$222.4. • These companies focus on developing Large Language Models (LLMs) with a high "cost-to-cost ratio," prioritizing the balance between performance and price.
mk.co.kr• National Development Minister Chee Hong Tat announced increased support for construction technology firms that innovate and apply robotics and automation solutions. • To facilitate adoption, developers and contractors will be provided with a list of certified technology partners for JTC projects. • The initiative aims to bridge the gap between innovation and industry use by helping startups integrate proven solutions after successful testing.
businesstimes.com.sg• Tech companies are intensifying security measures to combat rising physical and digital threats targeting AI developers and critical infrastructure. • The urgency is driven by a surge in AI-powered financial crimes, with AI-driven cryptocurrency fraud reaching an estimated $17 billion. • In response to these evolving risks, approximately 73% of global organizations have already integrated AI tools into their own cybersecurity defenses.
cryptobriefing.comExclusive: allowing firms to dodge biodiversity protections by paying into levy will harm nature and economy, say 100 experts in letterThe UK government has been accused of “rushing through” planning changes that could give developers permission to “trash” nature for as little as £1.A letter signed by more than 100 conservationists, scientists, celebrities and businesses, including the actor and writer Stephen Fry and the broadcaster Chris Packham, has urged the incoming prime minister, Andy Burnham, to immediately halt the rollout of environmental delivery plans (EDPs). Continue reading...
theguardian.com• Zhipu AI, the developer of GLM-5.2, maintained its stability on Monday while other AI-related stocks in Hong Kong and mainland China experienced a broad plunge. • The market downturn significantly impacted the sector, with rival AI firm MiniMax seeing its value slump by nearly 20 per cent. • The decline extended across the broader supply chain, affecting chip designers, materials suppliers, and semiconductor-equipment makers.
scmp.com• Developers are increasingly trusting AI coding agents, such as Cursor, to write and deploy code autonomously. • A growing trend shows AI-generated code reaching production environments directly, with some developers skipping traditional human review processes. • This shift highlights a significant increase in the perceived reliability of generative AI tools within professional software engineering workflows.
businessinsider.comEmissions understated by factor of five in Essex plans for tech giant, while Greystoke’s Lincolnshire plans show similar errorDevelopers working for Google have significantly misstated how much carbon two proposed AI datacentres will contribute to the UK’s total emissions in planning documents reviewed by the Guardian.The tech company wants to build two huge datacentres – one 52-hectare (130 acre) project in Thurrock and another at an airfield in North Weald, both in Essex. To do so, developers are required to submit planning documents calculating how much carbon these projects will emit as a proportion of the UK’s total carbon footprint. Continue reading...
theguardian.comThe chief of the District of Columbia police department said investigators believe the suspect was a guest at the Washington Hilton hotel, where the annual dinner was taking place, but that no motive had been determined.
cbc.ca• Meta released Llama 4 on April 20, 2026, a 2 trillion parameter multimodal AI model trained on 15 petabytes of US-centric data. • The model outperforms GPT-4o on benchmarks like MMLU (92% score) and supports vision-language tasks for enterprise apps. • Open-sourcing aims to spur US AI innovation, with downloads exceeding 500,000 in first hours via Hugging Face.
theinformation.comNew York Times report claimed London-born Adam Back was creator of the cryptocurrency after comparing writingsA British computer scientist has insisted that he is not the elusive developer of bitcoin after a report claimed to unmask him as its creator.The story, in the New York Times, details a years-long effort to unmask Satoshi Nakamoto, the mysterious author of the bitcoin whitepaper which laid the theoretical foundations for modern digital currencies. Continue reading...
theguardian.comHackney leaseholders feel council made the problem worse by leaving £850,000 debt uncollected for eight yearsLeaseholders in east London have said they are “trapped in unsellable homes” because of an £850,000 debt owed by the building’s developer to Hackney council, who have let it go unpaid for eight years.The 17 leaseholders, who live in a block of flats in Upper Clapton, have appealed to the council for help but their pleas, including requests for a meeting, have been ignored. Continue reading...
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