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Mississippi residents file a 10,000-strong class action against Musk’s xAI and SpaceX over data-centre noise

The backlash against AI data centres has reached a new stage: a class-action lawsuit. Residents of Mississippi have sued Elon Musk’s xAI and SpaceX, claiming a gas-fired power plant that feeds nearby data centres blasts “omnipresent and inescapable” noise that has eroded their health and home values. The case, made public in federal court in […]

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OpenAI plugs Visa into ChatGPT so AI agents can shop and pay at any Visa merchant

OpenAI is wiring a payment network into ChatGPT. Under an expanded partnership announced at the Visa Payments Forum on Wednesday, AI agents inside OpenAI’s products will be able to shop and pay on a user’s behalf at, in principle, any of the more than 175 million merchant locations that accept Visa, once the user grants […]

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Palantir’s Karp says Sanders will regret only asking for 50% of AI companies. Full nationalization is coming.

Palantir CEO Alex Karp says full nationalization of AI companies is coming, and that Senator Bernie Sanders’ proposal for 50% public ownership will soon look moderate. “In two years, they’re not going to think Bernie Sanders is progressive,” Karp told CNBC on Wednesday. “They’re going to be like, ‘Bernie Sanders, you only want 50%? What […]

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Palantir’s Karp says Sanders will regret only asking for 50% of AI companies. Full nationalization is coming. Read More »

White House offers to trade state AI preemption for federal online safety laws in new deal with Congress

The White House is negotiating with key senators to bundle federal preemption of state AI laws with three online safety bills, Axios reported. Senator Marsha Blackburn is leading the effort to finalise legislative text. The package would block state AI regulation for three years in exchange for passing the Kids Online Safety Act (KOSA), the […]

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Seattle drinkware maker MiiR sues Tesla for copying its tumbler lid design

Seattle-based drinkware maker MiiR is suing Tesla for allegedly copying the lid design and overall look of its stainless steel tumbler. The lawsuit, filed May 28 in US District Court in Seattle, alleges Tesla’s On The Road Tumbler infringes a design patent covering MiiR’s tumbler lid and mimics the cylindrical shape, rounded base, and vertical […]

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Snapchat walls under-16s off from public Spotlight, making their videos friends-only

Snapchat is restricting how its youngest users share video. From this week, Snapchatters aged 13 to 15 will get a dedicated profile where their Stories and short-form Spotlight clips are visible only to mutually accepted friends, and will no longer be pushed to the wider public on Spotlight. Until now, under-16s could post to Spotlight, […]

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Snapchat walls under-16s off from public Spotlight, making their videos friends-only Read More »

Poetic emerges from stealth with $50M from OpenAI to automate insurance underwriting and compliance

Poetic, an AI startup that has been operating in stealth, has emerged with $50M in funding and a $500M valuation to automate some of finance’s most sensitive back-office work, from insurance underwriting to compliance and fraud checks. Its backers include OpenAI, Peter Thiel’s Founders Fund, and Kleiner Perkins. The company was founded by Markie Wagner, […]

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Poetic emerges from stealth with $50M from OpenAI to automate insurance underwriting and compliance Read More »

TensorWave raises $350M led by AMD to build an Nvidia-free AI cloud

TensorWave, a cloud provider that runs its AI data centres on AMD chips rather than Nvidia’s, has raised $350M in a Series B round led by AMD and the hedge fund Magnetar Capital. The deal values the Las Vegas startup at $1.55bn. That is nearly four times the roughly $400M valuation it carried a year […]

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Your face is the ticket: Google’s Gemini and biometric gates are the World Cup’s quieter tech story

The 2026 World Cup is rolling out two layers of technology that most of its 10 million visitors will actually touch: a consumer-AI layer led by Google, and a biometric-identity layer that turns a fan’s face into a ticket. This is the quieter half of the tournament’s tech, the half aimed at fans rather than […]

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Your face is the ticket: Google’s Gemini and biometric gates are the World Cup’s quieter tech story Read More »

SpaceX’s $75 billion IPO is massively oversubscribed, with single investors placing $10 billion orders

SpaceX’s initial public offering has attracted institutional orders for multiple times the available shares, according to people familiar with the matter. Multiple investors have individually placed orders of $10 billion or more. Banks leading the deal told investors on Tuesday that demand increased further after management meetings, and the offering was described as well oversubscribed. […]

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SpaceX’s $75 billion IPO is massively oversubscribed, with single investors placing $10 billion orders Read More »

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