Marc Andreessen, co-founder of a16z, published a lengthy satirical post on X discussing AI regulation through two opposing narratives. According to Odaily, the post contrasts arguments against AI regulation with arguments supporting it, using exaggerated language and irony. In the narrative opposing AI regulation, Andreessen portrays regulation as a force that suppresses innovation, potentially stifling garage startups, weakening Silicon Valley’s ecosystem, increasing compliance burdens, and limiting the development of AI and computing infrastructure. He also mocks the idea by suggesting that if U.S. AI regulators had constrained previous generations, they would have banned horse-drawn carriages. In the narrative supporting AI regulation, Andreessen uses irony to describe how regulatory systems could bring order, safety, and an expanded industrial compliance framework, including a large-scale compliance industry, strengthened government oversight frameworks, and social redistribution mechanisms. Odaily reported that Andreessen did not present a single conclusion in the post, instead emphasizing a long-term structural conflict between “innovation freedom” and “safety governance.” Separately, Anthropic said the U.S. government issued an export control directive on national security grounds requiring the suspension of all access by any foreign entity to the AI models Fable 5 and Mythos 5, regardless of whether the person is in the United States, including Anthropic employees who are foreign citizens.

Market sources reported that India’s pollution regulator found groundwater near farmland had been polluted by an iPhone components factory operated by Tata Group for Apple. According to Jin10, the report did not provide further details on the location, timing, or the scope of the alleged contamination.

Bundesbank President Joachim Nagel said prices are likely to stay elevated for longer even if the war in Iran were to end soon. According to Bloomberg, he made the comments in an interview with Deutschlandfunk.

Zhipu said GLM-5.2 will be opened to all GLM Coding Plan users at 5:21 p.m. today, covering the Lite, Pro, Max, and Team versions. According to Odaily, Zhipu shared the update via its official WeChat account. Zhipu said the GLM-5.2 API will go live next week. The company also said the model will be officially open-sourced next week under the MIT license.

Taking contracts offline is not just a matter of documentation; it is an essential part of security control.

Elon Musk said SpaceX’s satellite launches could reach about five times the combined total of the rest of the world in roughly the next five years. According to Jin10, Musk described the figure as a possibility over that timeframe.

Anthropic's latest models, Fable 5 and Mythos 5, are embroiled in controversy again.

After more than two decades of waiting, Musk has finally brought SpaceX to the capital market.

Due to a significant reduction in retail allocations, xStocks' upstream underwriters were unable to deliver the full amount of SpaceX's underlying shares to participating platforms. Consequently, several exchanges that partnered with xStocks, including Bybit and Binance, announced that they were unable to complete the settlement and would have to issue collective refunds.

Jinse Finance launches its cryptocurrency and blockchain industry daily news report, "Jinse 8 AM," issue 3088, providing you with the latest and fastest news on the digital currency and blockchain industry.

SpaceX’s long-term value lies not only in its three current businesses, but also in the emerging industries it may initiate.

> Special Commentary by Feixiaohao: Fang Hongjin, Co-Chairman of the Hong Kong Blockchain Association

Jinse Finance launches the "Jinse Web3.0 Daily," providing you with the latest and fastest news on AI, DeFi, DAO, NFT, and the metaverse industry.

On June 12, SpaceX, valued at $1.77 trillion, is ready to list on Nasdaq, raising $75 billion, which could make founder Elon Musk the world's first trillionaire.

Why do most retail investors likely lose money on the first day of SpaceX's IPO?