A Ukrainian serviceman prepares a Starlink satellite internet systems near the front line in Donetsk region, Ukraine, in 2024. WASHINGTON - Ukraine said on Wednesday that Elon Musk's SpaceX had restricted "military-grade" Starlink services, hampering Ukrainian drone strike missions and air defenses. The complaint has drawn renewed attention to the distinction between Starlink, SpaceX's commercial satellite internet service, and Starshield, a military version developed for the Pentagon. While Musk has said the two systems are separate, in many cases they share the same underlying satellite technology. "Starshield systems are owned and controlled by the U.S. government," Musk said on Wednesday in a post on social media platform X, adding that any limits on speed or usage are decided by the U.S. military or the U.S. president.

Banking watchdogs are ramping up their scrutiny of artificial intelligence as fears mount over its effect on stability, sources say. NEW YORK/LONDON - Banking regulators are stepping up efforts to contain growing artificial intelligence risks, six people familiar with the matter have said, with some pointing to the potential for cyberattacks on banks or rogue agents undermining global financial stability. The regulatory scrutiny reflects growing recognition that advances in frontier AI may require costly investments in cyberrecovery, greater attention to dependencies on external technology providers and in some jurisdictions more formal regulatory guidance, sources said. Three top regulators in the United States, including the Federal Reserve, are quizzing banks about their use of advanced artificial intelligence models, two of the people said, which adds to prior scrutiny. In a time of both misinformation and too much information, quality journalism is more crucial than ever.

SoftBank junk bond sale raises stakes for CEO Son's all-in AI bet SoftBank Group Chairman and CEO Masayoshi Son's bets have a mixed track record -- his investment in Chinese tech giant Alibaba was a major success, but he also directed $16 billion to Adam Neumann's WeWork, which ultimately went bankrupt. SoftBank's promise to pay its highest-ever yields in a record $11 billion junk-bond offering highlights the pressure on CEO Masayoshi Son to secure returns on his all-in bet on artificial intelligence amid concerns about possible overheating in the market. The SoftBank debt issuance last month added to a sharp surge in corporate borrowing this year, including major bond sales from Amazon, Alphabet and Tencent. The scale of Son's investments, which include backing totaling $64.6 billion for ChatGPT maker OpenAI, in particular, has made the technology-and-investing conglomerate a bellwether for AI sentiment. In a time of both misinformation and too much information, quality journalism is more crucial than ever.

OpenAI discovered a recording device plugged into a USB port on the back of a television in an executive conference room at one of its San Francisco buildings last month. U.S. federal agents have arrested a Saudi national who was an OpenAI engineer and charged him with installing a hidden audio recording device in an executive conference room at the AI company, the Justice Department said on Tuesday. The case highlights growing security concerns around sensitive AI research as companies and governments compete fiercely for the talent and technology that could confer economic and strategic advantages. Abdulrahman Alfozan, 35, had worked as an engineer at OpenAI since July 2025, the Justice Department said in a statement. An email sent to an address associated with that name did not elicit a response, and it was not immediately clear who his lawyer was.

The international technology exhibition CEATEC 2026 opens at Makuhari Messe in Chiba on Tuesday. CHIBA - Artificial intelligence and other cutting-edge digital technologies are on display as the CEATEC international exhibition opened on Tuesday at the Makuhari Messe convention center in Chiba, joined by 821 companies and organizations from Japan and abroad. "As societal challenges become increasingly complex, it is important not only to create new technologies, but also to change the future of industries, society and people's lives for the better," Takashi Niino, chair of the Japan Electronics and Information Technology Industries Association, an industry group that organizes the four-day event, said in a speech at an opening ceremony. Among the exhibitors, Mitsubishi Electric demonstrated AI technology capable of identifying abnormal sounds and human voices in noisy manufacturing environments. Hitachi presented its efforts to improve the efficiency of social infrastructure operations, including railways and power systems, using AI, while NEC showcased a service designed to protect organizations from cyberattacks.