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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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Summary: US petrol prices passed $4/gallon for the first time in four years (+30% YoY), driven by the Iran conflict and Strait of Hormuz disruption. Tesla delivered 358,023 vehicles in Q1 2026, up 6% against a weak comparison quarter but missing estimates by 7,600 units. Consumer EV interest is rising (Edmunds: 23.8% consideration) but overall […]
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High gas prices are not saving Tesla. They are just slowing the bleeding. Read More »
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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Summary: The Pentagon has narrowed its Advanced Nuclear Power for Installations (ANPI) programme from eight companies to three, advancing microreactor deployment at Buckley Space Force Base (Colorado) and Malmstrom Air Force Base (Montana) by 2030. The original eight vendors included BWXT, Oklo, X-energy, Kairos Power, Radiant, General Atomics, Westinghouse, and Antares. The commercially owned reactor […]
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The Pentagon just picked the companies that will put nuclear reactors on Air Force bases Read More »
Attorney General James Uthmeier said prosecutors reviewed chat logs showing ChatGPT advised the suspect on weapons, ammunition, and timing. The probe is the first criminal investigation into an AI company over an alleged role in a mass shooting in the US. Florida Attorney General James Uthmeier announced on Tuesday that the state’s Office of Statewide […]
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The move, disclosed in an internal memo seen by Reuters, is framed as a way to teach AI agents how humans navigate software. Critics say it is workplace surveillance under a different name. Meta is installing new tracking software on US-based employees’ work computers to capture mouse movements, clicks, keystrokes, and occasional screenshots, which will […]
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The US president told CNBC on Tuesday that Anthropic is ‘shaping up’ following a White House meeting last Friday at which the company’s CEO Dario Amodei discussed its Mythos AI model with Chief of Staff Susie Wiles and Treasury Secretary Scott Bessent. The Pentagon’s blacklisting of Anthropic remains in legal limbo, with a federal appeals […]
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The United States imposed 100% tariffs on Chinese electric vehicles to keep them out of the American market. TikTok and YouTube are making that strategy irrelevant. A survey of 9,000 potential EV buyers by AlixPartners found that 58% had seen Chinese EVs on TikTok, 76% of 18-to-25-year-olds were aware of Chinese EV brands, and 69% […]
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In summary: Meta has hired five founding members of Thinking Machines Lab, the AI startup built by former OpenAI CTO Mira Murati, after she rejected a reported $1 billion acquisition offer. The most expensive individual hire, co-founder Andrew Tulloch, reportedly received a $1.5 billion package over six years. The talent raid is part of a […]
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The AI company received the photos from OkCupid in 2014 without users’ knowledge, in a data transfer that breached OkCupid’s own privacy policy. The FTC’s late March settlement with OkCupid and Match Group brought no financial penalties. Clarifai was not accused of wrongdoing. Clarifai, a Delaware-based facial-recognition AI company, has confirmed that it deleted approximately […]
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