The Download: a chip talent battle, and deflating AI hype

I’ve combed the internet to find you today’s most fun/important/scary/fascinating stories about technology.

1 OpenAI’s rogue agent compromised another customer
An unnamed client of a company that provides AI infrastructure, called Modal Labs. (Reuters $)
+ OpenAI called the Hugging Face attack unprecedented. But we’ve been here before. (MIT Technology Review)

2 Hugging Face has a nonconsensual deepfakes problem
Researchers tested nine of the top image editing models it hosts, and found seven will ‘nudify’ images of women. (Wired $)
+ The shock of seeing your body used in deepfake porn. (MIT Technology Review)

3 Investors are only getting more anxious about AI’s earnings potential
The numbers don’t add up, and maybe they never will. (The Verge $)
+ A global tech stock sell-off intensified yesterday. (FT $)
+ Ratings agency Fitch says an AI market correction is now one of the biggest risks facing the global economy. (The Next Web)
+ New real-world data from Google shows most tasks at most jobs are unaffected by AI. (Ars Technica)

4 Moonshot wants advanced Nvidia chips to train its next model
The Chinese AI firm already got access to some of them to train its latest release, called Kimi 3. (The Information $)
+ Taiwan detained an Nvidia employee as part of a probe into the alleged smuggling of AI chips into China.(Bloomberg $)
+ The Trump Administration has banned Chinese humanoid robots. (Reuters $)

5 Minnesota has been blocked from banning prediction market platforms
It’s the latest skirmish in a fight between states and the Trump Administration over this issue. (AP)
+ Here’s how prediction markets incentivize weather data sabotage. (MIT Technology Review)

6 Apple is launching a device leasing program
As the global memory shortage worsens, the idea is that this will make your iPhone feel more affordable. (Quartz $)
+ Apple just topped a $5 trillion valuation for the first time. (FT $)

7 Some Substackers are complaining about its new AI detection tool
Presumably the ones who’d prefer to secretly continue using AI to write. (404 Media $)

8 Ebay had to pay nearly $50 million to settle a harassment suit
Their employees threatened and sent bizarre deliveries—including cockroaches—for a pair of bloggers for years. (Bloomberg $)

9 A New York school just rowed back on plans to deploy a robot teacher
Sanity prevails, for once. (NPR)

10 This startup wants to build a better microwave beep
I’d like to request a sax solo for mine, please. (Gizmodo)