IBM announced a strategic partnership with OpenAI to help enterprises deliver business outcomes by deploying AI at scale across core business operations and complex workflows, while strengthening cyber defense and resilience through programs like OpenAI Daybreak.
The partnership includes joint-go-to market initiatives and creating industry-specific solutions for financial services, government, telecommunications, and retail, as well as key enterprise domains such as finance, procurement, customer operations, and HR.
The partnership embeds OpenAI frontier models like GPT-5.6 and products like Codex and ChatGPT Work into IBM Consulting Advantage, IBM’s AI platform for delivering consulting services to clients, combining AI agents, industry assets, and cybersecurity capabilities to help organizations securely deploy AI at scale, drive business outcomes, and create new commercial models.
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The U.S. FDA approved Bristol Myers Squibb's oral combination treatment for patients with a rare form of blood cancer whose illness had relapsed or not responded to other treatments. Full approval for the drug for this condition will be contingent on the verification of clinical benefit in the confirmatory trials.
“With the Zenbexus approval, Bristol is the first company to bring a novel class of drugs to patients with multiple myeloma, opening venues for many more potential combinations,” — said Cristian Massacesi, Bristol’s chief medical officer.
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SpaceX has completed a $60 billion acquisition of AI coding startup Cursor, a key part of Elon Musk’s bid to gain ground on rivals Anthropic PBC and OpenAI. The deal became effective on Aug. 14, according to a regulatory filing.
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Bank Leumi, Israel’s largest bank, will offer cryptocurrency trading to customers from early 2027 becoming the first Israeli bank to announce such a service. Customers of Leumi and its mobile banking unit, Pepper, will be able to buy, hold and sell BTC, ETH and SOL through a section of the Leumi Trade app.
Galaxy Digital (GLXY) will provide trading and services through GalaxyOne Institutional, its platform for banks and asset managers. Leumi has also signed an agreement to use Galaxy’s custody infrastructure, formerly known as GK8, to support the offering.
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A dog’s nose has long outclassed most laboratory kit, and a two-year-old Bengaluru startup called Dognosis pairs trained sniffer dogs with sensors and AI to flag early signs of cancer from a single breath sample.
A breath sample is collected via mask and couriered to Dognosis's facility. There, trained dogs sniff the sample while sensors and AI translate their movements, respiration, and body language into structured data, based on the premise that tumours leave a chemical signature in breath that dogs can detect before conventional tools can.
Dognosis says its approach targets more than 20 cancer types across seven groups, including breast, oral cavity, lung and cervical. In Phase 2 trials published in the Journal of Clinical Oncology, the company reports roughly 90% sensitivity for early-stage cancers. Dogs trained on 10 cancer types, it adds, went on to identify an 11th they had never been shown.
This is a prescreening tool designed to flag who should seek further tests, not a replacement for diagnosis, and the trials remain early.
#BRICS
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When institutions settle money onchain, five things matter: resilience, control, finality, compliance, and cost. Here’s how they stack up. Behind these differences is a more basic question: who holds the network together, and why?
That is the answer to why an institution would run infrastructure it could otherwise just use. Once a network becomes part of your business, keeping it running becomes part of the business too.
#Stellar
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More than three dozen bitcoin and crypto companies have asked the largest AI labs to give open-source security researchers early access to their most capable models, arguing that the people defending a trillion dollars of infrastructure are working with weaker tools than those attacking it.
The signatories are asking for five things: Early access to the strongest cyber-capable models, including before public release, enough computing budget to run meaningful reviews, secure environments for examining private code, eligibility for small and independent maintainers rather than only large firms, and a direct line to lab security teams for reporting what they find.
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Meta Platforms Inc. says it has removed access to more than 750,000 Instagram and Facebook accounts in Australia believed to belong to people under 16 since it began complying with the country’s landmark youth social media ban last year.
The figure includes more than 500,000 accounts Meta removed before the law came into effect in December, along with those it has shut down since. That includes 462,000 Instagram accounts and 294,000 Facebook accounts.
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Apple CEO Tim Cook was joined by government officials, including Secretary of Commerce Howard Lutnick, to open a new manufacturing facility offering free training and educational classes for businesses in Houston, Texas.
The facility is also where Apple will manufacture Mac Mini desktop computers later this year. AI servers for Apple are also assembled at a portion of the location.
“We stood up a factory, started production, and shipped the first advanced AI servers off the line, and with Mac Mini production set to begin later this year,” — Cook said.
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A federal bank regulator has granted World Liberty Trust Co. a conditional bank charter. The Office of the Comptroller of the Currency, the U.S. banking agency that grants federal charters, said in a letter posted to its website that World Liberty could operate fiduciary and other trust company-related activities as a national trust bank.
📝 “The bank plans to issue USD1, a fiat currency-backed stablecoin, to institutional clients on a nationwide basis, assuming this role from BitGo Bank & Trust, National Association (BitGo), the current exclusive issuer and custodian for USD1,” the letter said.
“The bank plans to provide its digital asset custody services as a fiduciary, primarily to USD1 customers and other institutional clients.”
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A powerful new supercomputer that has recently been launched by the US Space Force is expected to tackle some of the nation’s most complex challenges across space, cyber operations and digital engineering. Capable of reaching processing speeds of 2.64 peak peta floating-point operations per second, Makau is designed to operate in an era of exponential data growth and accelerate technological innovation.
“By compressing data analysis timelines from weeks to seconds, Makau provides a definitive advantage, ensuring that our teams always have the right information precisely when they need it most,” — said John Marlia, MPHCC technical director.
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"For over half that time — the past 7,5 years — it's been one of the 10 most downloaded mobile apps in the world. A whole generation has grown up with it," — Pavel Durov wrote.
Happy birthday, Telegram!
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“We’re committed to building a new, state-of-the-art clean water recycling plant in Memphis that will recycle 10 million gallons of water each day. Work will restart in January 2027,” — SpaceXAI wrote.
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The company says that Ultrafast can work at 14x the speed of standard processing, delivering up to 750 output tokens — such tokens represent the distinct pieces of text generated by an LLM when it interacts with a human — per second.
“Until now, getting real-time speed typically meant choosing a smaller or more specialized model,” — the company said. “Ultrafast points to progress in a new direction: more useful work per second.”
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The chief executives of companies such as Coinbase, Ripple, Gemini, Robinhood, Polymarket and Kalshi are members of the new Innovation Advisory Committee at the CFTC, but before they attend their first committee meeting on Thursday, the crypto CEOs will gather for the White House meeting.
The Thursday afternoon meeting at the CFTC will dig into the group's innovation agenda. The opening session is entitled, "Crypto’s Regulatory Evolution: From Uncertainty to Clarity." One of the suggested topics is described as "the remaining challenges to a durable federal market structure."
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France's top court blocked a bill banning social media access for under-15s, saying it infringed upon freedom of expression. France's Constitutional Council found that the bill, while requiring everyone to give proof of age, failed "to specify the conditions and limits" under which it should be provided, as well as infringing on freedoms and privacy.
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Mitsubishi UFJ Financial Group (MUFG) is preparing a proof-of-concept for onchain Japanese government bond (JGB) transactions using the Canton network to expedite the settlement, which typically takes 1-3 days by traditional means.
“Given their high credit worthiness and liquidity, JGBs are widely used as collateral for repo transactions by market participants in Japan and overseas, and momentum for bringing them onchain is growing,” — MUFG said.
The project forms part of a broader array of MUFG initiatives exploring the use of blockchain technology in traditional financial functions.
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