Artificial Intelligence Industry News

AI Business Weekly - June 18, 2026: World Leaders and AI CEOs Sat Down Together. Here's What Happened.

Four stories revealing the G7 AI coalition proposal, Edmonton's AI exploitation crisis, 1Password's agent security bet, and DeepSeek's $7.4 billion first raise

DeepSeek Raises $7.4 Billion at $50 Billion Valuation in First-Ever External Funding Round - China's AI Fund and Tencent Lead

Toronto's 1Password Acquires Apono to Become the Security Control Layer for Businesses Deploying AI Agents

Two 14-Year-Old Boys in Edmonton Charged With Using AI to Create Sexual Exploitation Images of Female Classmates

Anthropic and Google DeepMind Called for a US-Led AI Coalition at the G7 - And Canada Said Yes

AI Business Weekly - June 17, 2026: Criminal Threats, $60 Billion Deals, and the Week AI Policy Got Real

Four stories revealing how Lutnick threatened Anthropic with criminal penalties, SpaceX used its IPO to buy Cursor for $60B, enterprise AI compute hits new milestones, and Canadian researchers made moderation 9x faster

Concordia University Researchers Build AI That Detects Toxic Content 9x Faster Than Existing Systems

Axe Compute Signs $25.9 Million in AI Compute Contracts for Blackwell and Grace Blackwell GPU Deployments

SpaceX Acquires Cursor AI Maker Anysphere for $60 Billion Just Four Days After Record Nasdaq IPO

Commerce Secretary Lutnick's Letter to Anthropic Threatened Criminal Penalties While 80 Cybersecurity Leaders Backed Claude's Maker