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🇨🇳🇯🇵LATEST: The Chinese yuan hits its strongest level against the US dollar since February 2023.

This comes after Bessent said the yuan and Korean won are now tracking the yen’s intervention-driven rally.


🎮Nvidia has become the first company in history to hit a $5 trillion market cap.

– Earlier today, Apple also edged past Microsoft, reclaiming the second spot with a valuation of over $4 trillion.

🇺🇸Notably, the six most valuable companies in the world are now all American, underscoring the United States’ continued dominance in global markets.


🤖Anthropic Unveils Fable 5: The Dawn of 'Mythos-Class' Intelligence

Anthropic has officially pulled back the curtain on its most formidable AI architecture to date: Claude Fable 5, the flagship release of its new "Mythos-class" models.

While Fable 5 is now generally available to the public, Anthropic is keeping its ultimate heavyweight, Mythos 5, restricted to exclusive Glasswing partners for now. According to the company, Fable 5 comfortably eclipses its predecessors across a battery of benchmarks, setting a new high-water mark for the organization's technological capabilities.

• The Cost of Deep Reasoning

Operating at the bleeding edge of AI development doesn't come cheap, but Anthropic is positioning its newcomer to compete aggressively with existing frontier models. The pricing structure is set at:

- Input: $10 per million tokens
- Output: $50 per million tokens

A Leap Toward True Agentic AI

What actually sets Fable 5 apart from the digital herd? Early data suggests a profound leap in specialized, high-context cognitive tasks. The model is demonstrating remarkable proficiency in:
- Agentic Coding: Moving beyond simple code generation to autonomously managing complex, multi-step development pipelines.
- Intricate Logic & Reasoning: Handling nuanced, multi-layered problem-solving that routinely trips up lesser systems.
- Real-World Tool Integration: Interacting dynamically with external software environments and APIs to execute complex workflows.

Fable 5 represents a distinct shift from passive text generation toward active, tool-wielding digital agents—a major step forward in the evolution of practical artificial intelligence.


🙆‍♂️Elon Musk Loses Lawsuit Against OpenAI and Sam Altman

A California jury unanimously dismissed Musk’s case after just two hours of deliberation, ruling that he had filed it too late — the legal deadline had already expired.

Musk had donated $38 million to OpenAI when it was still a nonprofit. His argument was simple: he gave money to build AI for the benefit of humanity, not to create a for‑profit company now valued at over $852 billion. On the stand he said: “It’s not okay to steal a charity.”

Altman presented a different version to the jury, saying Musk’s claims misrepresented the history of OpenAI.


🤖The First Company Destroyed by AI

Chegg Inc — an American online education platform built around helping students with homework – was once thriving.

🗓In 2021, its stock traded around $90, marking peak success.

🗓In 2022, ChatGPT arrived. Instead of paying $15–20 per month for Chegg, students could simply ask ChatGPT for free and get instant answers.

👇The result: Chegg’s stock collapsed from $90 to $0.99, losing 98% of its value.

Key takeaway: If a company’s only revenue source is access to information, and AI can provide that information for free, the company risks being wiped out from the market.

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