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Token prices fell 98%. Enterprise AI bills tripled. Now the industry wants a standards body to explain why.

Uber blew through its entire 2026 AI coding budget by April. Microsoft revoked its developers’ Claude Code licences six months after enabling them. One company reportedly ran up a $500 million Claude bill in a single month after forgetting to set usage limits. A Priceline employee told TechCrunch that a routine Cursor contract renewal came back four to five times […]

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Why isn’t the Trump phone made in the USA?

Where’s the Trump phone? We’re going to keep talking about it every week. We’ve reached out, as usual, to ask about the Trump phone’s whereabouts. This week, I’m investigating where it might have been built – and why it definitely wasn’t the US. Almost a year after its announcement, the Trump phone has “launched.” A […]

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Broadcom steps back from M&A as AI revenue surges

Hock Tan built Broadcom by buying things. So it carried some weight when the chief executive, who assembled one of the industry’s largest chip companies through a long run of acquisitions, said dealmaking has slipped down his list of priorities. Speaking at the Bloomberg Tech conference in San Francisco on Thursday, Tan said Broadcom is […]

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The AI IPO Race Heats Up, DOGE Whistleblower Sues Elon Musk, and Instagram Gets Hacked

On Uncanny Valley, we dive into the IPO bonanza that the top AI companies are embarking on to the point where some real estate listings are looking for not just regular old cash, but Anthropic stock.

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TSMC struggles to keep up with AI demand: ‘We can only support so much’

Taiwan Semiconductor Manufacturing Co. – the world’s biggest semiconductor-maker – is struggling to meet demands from American customers even with its factory buildout in the US, according to reports from Reuters and Bloomberg. “Customer demand is so high, and we can only support so much,” TSMC CEO C.C. Wei said after a shareholder meeting on […]

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