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OpenAI is building a phone that would make apps obsolete. The supply chain says it might actually ship.

OpenAI is developing a smartphone built around AI agents rather than apps, with Qualcomm and MediaTek jointly designing the custom processor and Luxshare Precision Industry co-designing and exclusively manufacturing the device, according to Ming-Chi Kuo, the TF International Securities analyst whose Apple supply-chain intelligence has made him the most closely followed hardware analyst in the […]

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Google’s AI researchers told management to refuse classified military work. Management spent three years making sure it could say yes.

More than 580 Google employees, including over 20 directors, senior directors, and vice presidents, have signed a letter urging CEO Sundar Pichai to refuse classified military AI work for the Pentagon, according to Bloomberg. The letter, which includes senior researchers at Google DeepMind, was sent to Pichai on Monday. “We are Google employees who are […]

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Google’s AI researchers told management to refuse classified military work. Management spent three years making sure it could say yes. Read More »

Sequoia is giving away the hardware for an AI project it cannot invest in. That is the point.

Sequoia Capital co-steward Alfred Lin personally purchased 200 Mac Minis, had each one custom-engraved with a design mixing old cartography and machine learning contour plots, and distributed them to attendees at Sequoia’s “AI at the Frontier” event. Each machine contained two easter eggs: Sequoia’s ethos statement about creative spirits and underdogs, and a quote generated […]

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Sequoia is giving away the hardware for an AI project it cannot invest in. That is the point. Read More »

Brockman’s diary called it a lie. Now a jury will hear it.

Jury selection begins Monday in Oakland federal court for the trial that will determine whether OpenAI’s conversion from a nonprofit to one of the most valuable companies in the world was a breach of charitable trust. Elon Musk, who co-founded OpenAI in 2015 and donated at least $38 million to it, is suing Sam Altman, […]

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Brockman’s diary called it a lie. Now a jury will hear it. Read More »

OpenAI knew. It chose not to call the police. Now Sam Altman is sorry.

Sam Altman published an open letter to the community of Tumbler Ridge, British Columbia, on Thursday, apologising for OpenAI’s failure to alert law enforcement after its own systems flagged a user who went on to carry out the deadliest school shooting in Canada in nearly four decades. “I am deeply sorry that we did not […]

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OpenAI knew. It chose not to call the police. Now Sam Altman is sorry. Read More »

X-Energy’s failed $1 billion SPAC became a $1 billion IPO. The reactor did not change. The market did.

In short: X-Energy raised $1.02 billion in the largest nuclear IPO on record, pricing at $23 (21% above range) on the Nasdaq, with shares surging 31% on opening to imply a $12 billion market cap. The offering was 15x oversubscribed. The same company failed to close a $1 billion SPAC in 2023. The difference is […]

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X-Energy’s failed $1 billion SPAC became a $1 billion IPO. The reactor did not change. The market did. Read More »

US government’s Intel stake jumps 300% to $36B after CHIPS Act grants were converted to equity under Trump

In short: The US government’s 9.9% stake in Intel, acquired for $8.9 billion last August by converting CHIPS Act grants and Secure Enclave funds into equity at $20.47/share, is now worth approximately $36 billion after Intel’s stock surged 20%+ on a massive Q1 earnings beat. The $26.5 billion unrealised gain is one of the most […]

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US government’s Intel stake jumps 300% to $36B after CHIPS Act grants were converted to equity under Trump Read More »

SoftBank is converting a Sharp LCD factory into a battery plant for AI data centres. The data centres cannot wait five years.

Summary: SoftBank Corp. plans to convert part of the former Sharp LCD factory in Sakai, Osaka into one of Japan’s largest battery production lines for AI data centres, with production expected within five years (~2031). The move completes a vertical integration stack spanning chips (Arm, Graphcore, Ampere), modular data centre manufacturing (Lordstown), energy generation (SB […]

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SoftBank is converting a Sharp LCD factory into a battery plant for AI data centres. The data centres cannot wait five years. Read More »

Meta is cutting 8,000 jobs to pay for AI. It is also asking the survivors to train their replacements.

Summary: Meta is cutting approximately 8,000 employees (10% of its workforce) beginning 20 May, cancelling 6,000 open roles, and planning additional cuts for H2 2026. The layoffs, announced via an internal memo from HR head Janelle Gale, are structural rather than performance-based, reorganising teams into AI-focused “pods” while Meta spends $115-135 billion on AI infrastructure […]

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Meta is cutting 8,000 jobs to pay for AI. It is also asking the survivors to train their replacements. Read More »

White House accuses China of industrial-scale AI model distillation, commits to intelligence sharing with OpenAI, Anthropic, Google

Summary: The White House OSTP released a policy memo accusing China of “industrial-scale” distillation of US AI models, committing to share intelligence with US AI companies and explore accountability measures. OpenAI accused DeepSeek of distilling its models in February; Anthropic named DeepSeek, MiniMax, and Moonshot AI as having created 24,000 fraudulent accounts generating 16+ million […]

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White House accuses China of industrial-scale AI model distillation, commits to intelligence sharing with OpenAI, Anthropic, Google Read More »

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