Fortune
Who owns ideas in the AI age?
The publishing industry is locked in a defining battle with Big Tech over who has the right to profit from human creativity. Hachette's David Shelley argues that AI companies training models on copyrighted works without permission or compensation represents an existential threat to authors and publishers alike. If intellectual property protections erode, the financial incentives that sustain professional writers — and the broader literary ecosystem — could collapse entirely.
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Fortune
Jamie Dimon warns of growing crypto competition in annual letter: ‘We need to roll out our own blockchain technology’
JPMorgan Chase CEO Jamie Dimon is sounding the alarm on crypto competition, urging the bank to accelerate its own blockchain development before rivals gain the upper hand. The comments mark a notable shift from his famously skeptical stance on digital assets, signaling that Wall Street's most powerful banker now sees blockchain as a strategic necessity rather than a passing fad. The pivot coincides with a JPMorgan unit moving to adopt Solana, putting institutional muscle behind the broader crypto ecosystem.
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Fortune
Meta unveils Muse Spark, its first AI model since hiring Alexandr Wang and a bellwether for CEO Mark Zuckerberg’s multi-billion dollar AI push
Meta has launched Muse Spark, its first AI model under the influence of newly hired Scale AI founder Alexandr Wang, signaling the company's serious intent to compete in the crowded AI race. The model reportedly holds its own against rivals, though Meta is keeping it tethered to its own product ecosystem rather than releasing it broadly. The limited rollout raises questions about whether Meta's multi-billion dollar AI ambitions will translate into public-facing impact or remain largely behind the curtain.
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Fortune
Supermicro launches internal probe after cofounder’s arrest on charges of $2.5 billion in chip smuggling
Supermicro has launched an internal investigation following the arrest of cofounder Chiu-Che "Charles" Liang on charges related to a $2.5 billion chip smuggling operation. It marks the third time since 2017 that the Nvidia-allied server manufacturer has turned scrutiny inward. The repeated pattern of investigations raises serious questions about governance at one of the AI infrastructure boom's key hardware players.
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