Vogue's August issue has ignited fierce controversy with the inclusion of an AI-generated model in a two-page Guess advertisement. While the magazine clearly labeled the image as produced “by Seraphinne Vallora on AI,” critics accused the fashion house of pushing unattainable beauty standards and sidelining real human diversity. The AI campaign bypassed traditional fashion roles, eliminating the need for casting, makeup, and post-production.

Tesla CEO Elon Musk has announced a massive $16.5 billion chip supply deal with Samsung Electronics, marking a major shift in the global semiconductor landscape. The agreement will see Samsung produce Tesla’s next-generation AI6 chips at its Taylor, Texas factory, boosting the struggling foundry arm of the South Korean tech giant.

Five Planned Parenthood facilities in Northern California and the Central Coast are closing following the enactment of President Donald Trump’s “One Big, Beautiful Bill,” which blocks Medicaid funding from going to organizations that provide abortions. The legislation, signed earlier this month, directly bars any federal Medicaid dollars from being used for services at abortion-performing entities.

President Donald Trump clarified his stance on Elon Musk and his companies, stating publicly that he does not intend to dismantle Musk’s enterprises despite their recent clash over government subsidies and legislation. Posting on Truth Social, Trump emphasized his support for American business success, writing, “I want Elon, and all businesses within our Country, to THRIVE, in fact, THRIVE like never before!”

Sprouts Farmers Market is closing underperforming stores amid rising costs and fierce competition, reflecting broader economic struggles.

Pharmaceutical company AstraZeneca committed to investing $50 billion in the United States by 2030.

Google is pursuing agreements with national news outlets to license their content for artificial intelligence development, signaling a major shift in its relationship with the media industry. The initiative aims to involve around 20 major publishers in a pilot program designed to support Google’s AI tools, including its search-integrated AI Overviews.

Wang Ning, founder of Pop Mart, the creative force behind the trendy “Labubu” plush toy, praised China’s manufacturing strength, inclusive culture, and expansive market in an interview published Monday by the Communist Party’s People’s Daily. The feature formed part of a series spotlighting business leaders aligned with President Xi Jinping’s call for “self-improvement in terms of patriotism.”

Lynsi Snyder, billionaire president and heiress of In‑N‑Out Burger, announced she is moving her family from California to Tennessee.

Chevron completed its $53 billion acquisition of Hess Corporation after nearly two years.