AI News for May 16, 2026 — 7min.ai
- [TOOLS] ChatGPT plugs into your bank account via Plaid
- OpenAI launched a personal finance preview for ChatGPT Pro subscribers in the US, connecting through Plaid to over 12,000 financial institutions including Chase, Schwab, Fidelity, and Capital One.
- [NEWS] Figure AI's humanoids sort 30,000 packages in 24-hour autonomous livestream
- Figure AI ran three F.03 humanoids on a public livestream sorting packages onto a conveyor belt for 24 straight hours with "zero failures," CEO Brett Adcock said.
- [NEWS] Trump and Xi discuss AI "guardrails" and H200 chips in Beijing
- President Trump said he and Xi Jinping talked about "possibly working together for guardrails" on AI during a two-day Beijing summit, characterizing them as "standard guardrails." Trump also confirmed Nvidia's H200 chips came up, though shipments remain unapproved.
- [NEWS] arXiv will ban authors who submit AI-hallucinated papers for a year
- arXiv computer science section chair Thomas Dietterich announced authors will face a one-year ban for submissions containing "incontrovertible evidence" of unchecked LLM output, such as hallucinated references or meta-comments like "here is a 200 word summary; would you like me to make any changes?" After the ban, future submissions must first pass peer review.
- [NEWS] Salesforce plans $300M Anthropic token bill, eyes Slack coding tools
- Marc Benioff said Salesforce expects to spend $300M on Anthropic tokens this year, calling coding agents "awesome" and crediting them with major productivity gains across service, support, distribution, and marketing.
- [NEWS] Judge stalls Anthropic's $1.5B author settlement over payout objections
- US District Judge Araceli Martinez-Olguin declined to approve Anthropic's $1.5B copyright settlement with authors, the largest in US history, after class members objected that lawyer fees were excessive and individual payouts were a "pittance." The judge asked authors' counsel to address the concerns before final approval.
- [RESEARCH] RecursiveMAS lets multi-agent systems collaborate through embeddings, cuts tokens 75%
- Researchers at the University of Illinois Urbana-Champaign and Stanford released RecursiveMAS, a framework letting AI agents share information through embedding space rather than text.
- [NEWS] OpenAI puts Greg Brockman over all product as ChatGPT merges with Codex
- OpenAI announced a reorganization making president Greg Brockman the official lead of all product, consolidating ChatGPT and Codex into "one unified agentic experience." Four pillars now report to him: core product (Thibault Sottiaux), critical enterprise (Nick Turley), consumer (Ashley Alexander), and core infrastructure/ads/growth (Vijaye Raji).
- [NEWS] SpaceX targets June 12 IPO debut at $2T+ valuation
- SpaceX plans to file publicly for its IPO as soon as Wednesday, kick off marketing June 4, price as early as June 11, and list June 12 on Nasdaq under the ticker SPCX.
- [NEWS] US sees heavy AI job losses for second straight year in customer service and admin roles
- Several US occupations exposed to AI recorded heavy job losses for a second consecutive year in 2025, led by customer service representatives, certain secretaries, and salespeople, Bloomberg reports.
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