ChatGPT Images 2.5 vs Nano Banana 2: Which One is Better?
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Getty Images terminates merger agreement with Shutterstock
According to a filing with the SEC, Getty Images has terminated its merger agreement with Shutterstock. The filing states that Getty Images served Shutterstock with a written notice of termination on July 7, pursuant to the terms of the merger agreement, and the termination became effective immediately upon the service of the notice. Following the termination of the merger agreement, Getty Images' 10.500% senior secured notes due in 2030 will be redeemed in accordance with the terms of their respective indentures. (Jiemian)
Red Flag? OpenAI's Agentic ChatGPT Work Signs Into Your Accounts Without You
OpenAI says the model never sees your password—but a signed-in session can persist across tasks, and you can step away while it works.
Myanmar's AI-driven telecom fraud industry exposed: Starlink becomes key infrastructure, encrypted payments and OpenAI/Google models incorporated into toolchains.
A leaked investigative report from a Myanmar scam Odaily park reveals that global telecom fraud is rapidly evolving towards an "AI industrialization + cross-border encrypted payment" system. These fraud networks use cryptocurrencies to transfer funds and employ automated tools based on large models for multilingual script generation, identity spoofing, and emotional manipulation. The investigation shows that these systems heavily utilize OpenAI's ChatGPT and Google's Gemini to support "large-scale social media fraud," while funds are rapidly laundered and transferred through on-chain payments and cross-border channels, forming a two-tiered structure of "AI customer acquisition + encrypted settlement," enabling the fraud industry to achieve high automation and transnational expansion capabilities. Furthermore, Elon Musk's Starlink has become the leading network service provider in the Myanmar scam industrial park, with US ISPs handling nearly one-fifth of the park's traffic. In response to the allegations, OpenAI stated that fraudsters using ChatGPT behave in a manner highly similar to ordinary users, making identification difficult. However, they have been using behavioral pattern recognition and risk control systems to ban approximately 100,000 suspicious accounts monthly. Google stated that its AI models have security safeguards in place and emphasized its commitment to "responsible AI development" to limit the use of tools for fraudulent and other illegal purposes. (Red Star News)
Myanmar's telecom fraud AI industrialization exposed: Starlink becomes key infrastructure, encrypted payments and OpenAI/Google models are incorporated into the toolchain.
According to a report by Red Star News, citing Mars Finance, an investigative report leaked from a scam industrial park in Myanmar reveals that global telecom fraud is rapidly evolving towards an "AI industrialization + cross-border encrypted payment" system. These fraud networks use cryptocurrencies to transfer funds and employ automated tools based on large models for multilingual script generation, identity spoofing, and emotional manipulation. The investigation shows that these systems heavily utilize OpenAI's ChatGPT and Google's Gemini to support "large-scale social fraud," while funds are rapidly laundered and transferred through on-chain payments and cross-border channels, forming a two-tiered structure of "AI customer acquisition + encrypted settlement," enabling the fraud industry to achieve a high degree of automation and transnational expansion. Furthermore, Elon Musk's Starlink has become the leading network service provider in the Myanmar scam industrial park, with US ISPs handling nearly one-fifth of the park's traffic. In response to the allegations, OpenAI stated that the behavior of fraudsters using ChatGPT is highly similar to that of ordinary users, making identification difficult, but they have already blocked approximately 100,000 suspicious accounts monthly through behavioral pattern recognition and risk control systems. Google stated that its AI models have safety barriers in place and emphasized its commitment to "responsible AI development" to limit the tools from being used for illegal purposes such as fraud.
The People's Bank of China: We will continue to implement a moderately loose monetary policy and increase counter-cyclical and cross-cyclical adjustments.
According to BlockBeats, on July 8th, the Monetary Policy Committee of the People's Bank of China held its second quarterly meeting of 2026. The meeting analyzed the domestic and international economic and financial situation, concluding that the current external environment is more complex and volatile, with weak global economic growth momentum, frequent geopolitical conflicts and trade frictions, divergent economic performance among major economies, and uncertainties surrounding inflation trends and monetary policy adjustments. While my country's economy is generally stable and moving towards new and improved directions, achieving new results in high-quality development, it still faces problems and challenges such as strong supply and weak demand, structural differentiation, and external shocks. The meeting stressed the need to continue implementing a moderately loose monetary policy, increase counter-cyclical and cross-cyclical adjustments, better leverage the dual functions of monetary policy tools in terms of both aggregate and structural aspects, strengthen the coordination of monetary and fiscal policies, and promote stable economic growth and a reasonable recovery in prices.
AI giants like OpenAI and Anthropic are offering startups large amounts of free computing power in an effort to seize market share.
According to a report by the Wall Street Journal on July 7th, as reported by Mars Finance, AI companies such as OpenAI and Anthropic are offering substantial free computing power and discounts to startups to compete for enterprise customers. The report states that Silicon Valley startup founders are receiving computing credits, token usage limits, and auction-style discounts from AI model companies. Some early-stage companies have received over $3 million in cloud computing and token credits, approaching the median of seed funding in the US according to PitchBook. AI companies hope to acquire customers in the early stages of startups, making their tools an integral part of their business as these companies grow. Cursor offered a 75% discount until July 5th; Google Cloud offered up to $500,000 in cloud computing credits to some startups, along with early access to the Gemini model and, in some cases, support from DeepMind engineers. Microsoft and Amazon Web Services also offer special privileges to startups. OpenAI and Anthropic have recently been particularly focused on Y Combinator startups. In May, Sam Altman announced that OpenAI would offer $2 million in tokens to each startup participating in its accelerator program in exchange for equity. Around the same time, Anthropic increased its free token allocation to Y Combinator startups from $30,000 to $500,000, without requiring equity. OpenAI subsequently adjusted its offer, providing startups with $500,000 in free tokens, without requiring equity, and offering the option to exchange equity for an additional $1.5 million in tokens. These offers reflect the fierce competition among model providers for future large clients. Y Combinator runs four cohorts annually, with recent cohorts featuring approximately 200 companies each, meaning that OpenAI and Anthropic could potentially offer a combined $800 million in AI tokens over the next year. Christopher Acker, co-founder of SuperPenguin, stated, "The AI world is being driven by OpenAI and Anthropic because they are giving startups money to pay for usage costs."