[8/1 06:00] Reddit v Perplexity - DMCA anti-circumvention claims survive dismissal / Chime cuts 10 percent of workforce citing AI-driven efficiencies

AI News Flash for August 01, 2026 at 06:00 UTC. Topics: 1. Reddit v Perplexity - DMCA anti-circumvention claims survive dismissal https://www.law.com/newyorklawjournal/2026/07/31/reddits-dmca-claims-against-perplexity-serpapi-survive-ai-scraping-challenge/ 2. Chime cuts 10 percent of workforce citing AI-driven efficiencies https://www.bankingdive.com/news/chime-cut-workforce-10-percent-150-employees-ai-smaller-teams-chris-britt/826730/ 3. IBM and Sarvam partner on sovereign AI for India's government and regulated enterprises https://in.newsroom.ibm.com/IBM-and-Sarvam-Collaborate-to-Advance-AI-Sovereignty 4. China releases draft cyberbullying law covering AI-enabled abuse https://www.rappler.com/technology/china-releases-draft-cyberbullying-law-ai-enabled-abuse/ 5. KAI to lead Korea's domestic AI chip-powered drone development program https://www.thelec.net/news/articleView.html?idxno=12733

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[8/1 06:00] Reddit v Perplexity - DMCA anti-circumvention claims survive dismissal / Chime cuts 10 percent of workforce citing AI-driven efficiencies

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