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Thanks to the AI-driven chip shortage, prices for phones, computers, and consoles are sky-high--and still climbing. If you're in the market for anything with a memory chip in it, now might be the time to snag it. Another round of price increases for consumer electronics seems to be underway. In June, Apple announced increased prices for its MacBooks and iPads . Xbox consoles are also getting more expensive starting in August.

Follow the day's latest updates Court approves $23.5m fine and costs order against ASX Shadow arts minister says AI companies need to do what everyone else does: 'ask permission and pay for it' Albanese defends gambling reforms, says he's'not against someone having a punt' Pocock says it's'tragic' gambling reforms don't go nearly far enough Shadow arts minister says AI companies need to do what everyone else does: 'ask permission and pay for it' If AI companies want to use Australian creative work, they should do what everyone else does: ask permission and pay for it. Australian creativity is one of our greatest national assets - not a free resource for multinational tech companies. The Coalition will always back the right of artists to control their work and be fairly compensated when others profit from it. This is about consent, fairness and respect for Australian creativity. Court approves $23.5m fine and costs order against ASX Shadow arts minister says AI companies need to do what everyone else does: 'ask permission and pay for it' Albanese defends gambling reforms, says he's'not against someone having a punt' Pocock says it's'tragic' gambling reforms don't go nearly far enough Court approves $23.5m fine and costs order against ASX A federal court judge has ordered the ASX operator to pay $23.5m in penalties and costs after the company admitted to making a misleading statement about a troubled upgrade for technology required to run the stock exchange.

OpenAI proposes handing U.S. government a 5% stake, report says OpenAI has discussed giving the U.S. government a 5% stake as artificial intelligence firms face scrutiny in Washington. OpenAI has discussed giving the U.S. government a 5% stake, the Financial Times reported on Thursday, as artificial intelligence firms face scrutiny in Washington over the likely misuse of advanced models and whether Americans would benefit from the industry's massive valuations. The ChatGPT creator has proposed that other U.S. AI firms also give Washington similar stakes, although it is unclear whether they would agree, the report said, citing two people familiar with the talks. The move follows growing public backlash in the U.S. over AI's potential to cause economic upheaval, including layoffs, and could help OpenAI sweeten ties with an administration that is increasingly taking an active role in regulating the technology. In a time of both misinformation and too much information, quality journalism is more crucial than ever.

Zhipu's AI service on the web, dubbed Z.ai. BEIJING/BENGALURU - Since DeepSeek shocked markets early last year with its cheap but powerful artificial intelligence model, global consumers have been faced with a choice: Chinese offerings with lower prices and less capability or OpenAI or Anthropic, which have poured billions into development. A model called GLM-5.2, launched last month by Beijing-based startup Z.ai, may finally be closing that gap in terms of Western interest. GLM-5.2 has Silicon Valley buzzing with its coding and agent capabilities, or the ability to execute complex tasks with minimal prompting, that almost rival leading U.S. offerings at a fraction of the cost, in what some experts are calling a "mini DeepSeek moment." In a time of both misinformation and too much information, quality journalism is more crucial than ever.

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"We have more people voting on the app than we do in many political elections taking place across the country," says the show's executive producer. Walls of cameras so millions of Americans can watch your spicy summer flings happen in real time? The app, where levels of viewer engagement are so high that it crashed during the first vote. Fans of the real-time dating show relish controlling the action through their in-app votes, helping decide who couples up and who gets dumped. Fan votes happen around five times during each season.

The drama reveals just how deeply Silicon Valley has sunk its claws into Hollywood. Enter your email to receive alerts for this author. You can manage your newsletter subscriptions at any time. You're already subscribed to the aa_Nitish_Pahwa newsletter. You can manage your newsletter subscriptions at any time.

Artificial intelligence news covers a top manufacturer saying AI creates jobs, President Donald Trump on chipmaking in Arizona, an ECG study on sudden cardiac death and more.

Russia launched one of its heaviest attacks on Kyiv with hundreds of drones and dozens of missiles, killing at least 18 people. Ukraine President Zelenskyy called air defense an absolute priority.