SHAK

Startup Reflection is preparing to release a powerful new AI model, according to a report by Axios also carried by Yahoo Finance. The model is described as capable of shaking up the race among leading AI developers, signaling that newer startups can still challenge established players like OpenAI and Anthropic at the frontier of model performance.

Analysts warn that a wave of affordable Chinese electric vehicles could soon flood New Zealand's used car market, disrupting prices and the established trade in imported Japanese vehicles. Discussion is focusing on whether the country's infrastructure, charging network and regulations are prepared for the shift, and what cheaper EVs would mean for buyers and the local auto industry.

The Pakistan Cricket Board has reportedly refused no-objection certificates for Pakistani players to take part in season three of the World Championship of Legends, where a Pakistan Champions side would face Indian counterparts. Reports suggest the decision followed Indian players' refusal to apologise or exchange handshakes with Pakistani counterparts, reflecting continuing political tensions spilling into cricket between the two countries.