AI Briefing: Markets Face a Reality Check as the Agent Race Tightens

Stories covered on 2026-06-24

1. Three Eras of Quantitative Finance: How Rule-Based, ML, and Deep Learning Models React to the Same…

   Towards AI · 2026-06-24

   Quantitative finance firms are increasingly integrating deep learning models, alongside traditional rule-based systems and machine learning algorithms, to navigate market dynamics.

2. Met gets extension to Palantir AI project after Sadiq Khan blocked deal

   The Guardian AI · 2026-06-24

   Mayor’s office grants extra 12 months to run pilot while London force procures long-term supplier The Metropolitan police have been granted a 12-month extension to a pilot project

3. How to Opt Out of Google Search’s New AI Data Training Feature

   WIRED · 2026-06-24

   Google’s Search history update stores media uploads from your interactions, like images used in reverse image searches, for training its AI models.

4. Cerebras stock plunges after earnings as CEO says margin outlook was misunderstood

   TechCrunch · 2026-06-24

   In its first earnings report since going public, the AI chipmaker forecast a narrower gross margin in its core business, scaring investors.

5. AI was supposed to kill engineering jobs, but new data suggests they’re the most resilient

   TechCrunch · 2026-06-24

   While AI dominates the layoff narrative, engineers are actually making up a larger share of new hires, according to SignalFire data.

6. AI researchers continue to leave Google for its rivals

   TechCrunch · 2026-06-24

   Top AI researchers Jonas Adler and Alexander Pritzel are leaving Google for Anthropic, following departures from top scientists Noam Shazeer and John Jumper.

7. DoubleLine’s Sherman: AI ‘Early’ in Tapping Bond Market

   Bloomberg · 2026-06-24

   Jeff Sherman, Deputy Chief Investment officer at DoubleLine Capital, joined the program to analyze recent developments in the U.S. Treasury market.

8. Micron and Qualcomm Lift Chipmakers Amid Rapid AI Growth

   Bloomberg · 2026-06-24

   Shares of semiconductor stocks are soaring in extended trading on Wednesday, following a strong financial report from Micron Technology Inc.

9. A24 Knows You’re Mad About the Google AI Collab

   WIRED · 2026-06-24

   Indie movie fans are upset about Google DeepMind’s $75 million investment in the studio, which comes as AI companies are deepening their influence in Hollywood.

10. How to Securely Connect Your AI Agent to Telegram with Azure

    Towards AI · 2026-06-24

    Microsoft's Azure AI is now offering a more streamlined path for developers to integrate their custom AI agents with Telegram, a popular messaging platform.

11. Qualcomm Projects Data Center Sales of $15 Billion by 2029

    Bloomberg · 2026-06-24

    Qualcomm Inc., trying to expand its dominance from mobile phone chips, forecast sales of more than $15 billion a year by fiscal 2029 in the booming market for AI components in data

12. Micron Sales Forecast Shatters Estimates on AI Demand

    Bloomberg · 2026-06-24

    Micron Technology Inc. delivered a sales forecast that topped Wall Street estimates after AI-fueled shortages of components sent prices soaring.

13. Focused on AI at the Enterprise Level: Ganguly

    Bloomberg · 2026-06-24

    Raj Ganguly, co-founder and co-CEO of B Capital, joins Dani Burger on "Bloomberg Deals." They discuss how the use case for software is not going away and Ganguly's belief that

14. Companies are scrambling to stop employees from maxing out AI budgets with small tasks

    TechCrunch · 2026-06-24

    The tokenmaxxing era was brief. We now appear to be entering the era of token rationing.

15. Gradium Launches stt-translate and s2s-translate, Real-Time Speech Translation Models Beating gpt-realtime-translate on Accuracy and Latency

    MarkTechPost · 2026-06-24

    Gradium released two real-time speech translation models, stt-translate and s2s-translate, covering English, French, German, Spanish, and Portuguese across 20 language pairs.

16. Micron Soars After AI-Fueled Forecast Shatters Estimates

    Bloomberg · 2026-06-24

    Micron Technology Inc., the largest US maker of computer memory chips, surged in late trading after its quarterly sales forecast crushed Wall Street estimates

17. ‘We should be worried’: report sheds light on ICE’s booming arsenal of hi-tech surveillance tools

    The Guardian AI · 2026-06-24

    Spending on government contracts with tech firms that use AI-powered tools to track immigrants has soared to record levels under Trump 2.0

18. OpenAI says ChatGPT Instant now better understands what users actually want

    The Decoder · 2026-06-24

    OpenAI is updating GPT-5.5 Instant, its most-used ChatGPT model. The update targets conversation quality, with better intent recognition, improved context across multiple turns

19. HSBC's Oden Highlights Potential in Chip Sector Amid Market Volatility & AI Growth

    Bloomberg · 2026-06-24

    Racquel Oden, US Head of International Wealth, Asset Management, and Global Private Banking at HSBC, discussed the current market dynamics surrounding the chip sector

20. Anthropic Accuses Alibaba of ‘Illicitly’ Accessing AI Models

    Bloomberg · 2026-06-24

    Anthropic PBC accused Chinese technology giant Alibaba Group Holding Ltd. of waging a large-scale effort to “illicitly” access its Claude artificial intelligence model using

21. SK Hynix Seeks $29B With US Listing to Fund AI Boom

    Bloomberg · 2026-06-24

    Bloomberg Intelligence's Jake Silverman joins Dani Burger on "Bloomberg Deals.SK Hynix is planning to raise $29.4 billion in a landmark US listing

22. Congresswoman denies staff used AI to write defense funding amendment

    The Verge · 2026-06-24

    Rep. Anna Paulina Luna (R-FL) says her staff used AI for "spellcheck" in an amendment summary for a major defense bill

23. MGX’s $50B Raise Sets Up One of the Biggest AI Funds Ever

    Bloomberg · 2026-06-24

    Bloomberg's Jennifer Surane joins Dani Burger and Scarlet Fu on "Bloomberg Deals." Abu Dhabi’s MGX has raised close to $50 billion from regional and global investors to accelerate

24. Qualcomm to Buy Modular for $3.9B to Help AI Push

    Bloomberg · 2026-06-24

    Bloomberg's Ryan Gould joins Dani Burger on "Bloomberg Deals." Qualcomm said it is acquiring Modular for about $3.9 billion in stock

25. Qualcomm Says Data Center Chips to Produce ‘Billions’ in ’27

    Bloomberg · 2026-06-24

    Qualcomm Inc. said its expansion into chips for data centers will produce “billions” in revenue in the fiscal year that begins in October

26. How to Design an OpenHarness Style Agent Runtime with Tools, Memory, Permissions, Skills, and Multi-Agent Coordination

    MarkTechPost · 2026-06-24

    In this tutorial, we build an OpenHarness style agent harness from scratch to see how a practical agent system works.

27. SPAC Deals Seen as Key Path to Public Market in Data Center Boom

    Bloomberg · 2026-06-24

    The rebound in blank-check companies is proving to be a useful route to public markets for companies involved in the artificial intelligence-data center build-out

28. I Met With China’s Top AI Experts. They’re Freaking Out, Too

    WIRED · 2026-06-24

    The AI arms race between China and the US has researchers on both sides worried about a “Chernobyl moment.”

29. 70% of companies deploying customer service AI agents see ROI in 60 days

    ZDNet · 2026-06-24

    Outcome-based resolution pricing means companies pay only when the AI agent resolves an issue autonomously, without human intervention.

30. Google Poised to Lose Two More Senior AI Staffers to Anthropic

    Bloomberg · 2026-06-24

    Two leading artificial intelligence researchers at Alphabet Inc.’s Google are planning to leave for rival Anthropic PBC, according to people familiar with the matter