AI music company Suno lost a lawsuit in Germany brought by the licensing group GEMA, after a court found it trained its models on works by GEMA-represented artists without permission. The ruling requires Suno to disclose any “illicit revenue” and pay damages of an unspecified amount. The company can still appeal the decision. The case is being treated as a copyright precedent for AI-generated content and is not tied to direct trading or price transmission in traditional financial assets.

Electronic Arts said in an SEC Form 8-K filing that its take-private acquisition by Take-Two Interactive has received all required regulatory approvals. The company expects the deal to be completed at or around the close of trading on August 4, Eastern time. The transaction was announced in September 2023 and would end EA’s status as an independent publicly traded company.

An export control order issued by the Trump administration on June 12 required Anthropic to suspend access to Mythos 5 and Fable 5 for all foreign nationals, including employees working in the U.S., leaving the models fully offline for more than 14 days. With talks stalled, the company has been unable to restart the high-margin models, complicating IPO preparations, its ability to cover a $15 billion-per-year SpaceX compute commitment, and its path to profitability. OpenAI was also told to delay the release of GPT-5.6 and accept customer-by-customer approval. The move marks the first U.S. emergency export control applied to AI models, but it has not affected traditional listed stocks or major indexes.

Uber plans to launch its Lucid-built, Nuro-powered robotaxi service in Houston as its second market after San Francisco — ahead of initial launch. The move signals accelerated real-world deployment of third-party autonomous driving stacks, intensifying competitive dynamics in the US robotaxi space.

Facebook has launched an “AI Mode” search option that generates AI-written answers using publicly posted content. The feature pulls information from across Meta’s apps, including Instagram and Threads. It is powered by Meta’s in-house Muse Spark model, marking a step in the rollout of AI-native search.