Lawmakers Inch Closer to Stablecoin Regulations

AI chatbot Doubao of the TikTok parent firm (ByteDance) has surpassed its competitor, Baidu's Ernie Bot, in annual iOS downloads (9 million vs. 8 million). This milestone was achieved in less than nine months after the project's launch.

Sony Music Entertainment, one of the world's largest record companies representing popular bands like AC/DC and Nickelback, has issued warning letters to AI developers. According to the Financial Times, recipients include OpenAI, Microsoft, Google, Suno, and over 700 other startups.

Microsoft is offering to its China-based employees, especially AI specialists, to relocate to another country due to rising China-U.S. tech tensions. The main relocation options are the U.S., Ireland, Australia, or New Zealand.