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The US wants to cut off China’s chip equipment. China says the supply chain will break for everyone.

China’s Ministry of Commerce warned on Friday that US legislation advancing through Congress would “severely disrupt the international economic and trade order and seriously undermine the stability of the global semiconductor industry chain and supply chain.” The legislation in question is the MATCH Act, the Multilateral Alignment of Technology Controls on Hardware, which passed the […]

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The Stanford professor behind an FDA-cleared cardiac AI wants $1 billion for his next company

Summary: Stanford professor James Zou is reportedly raising approximately $100 million at a valuation targeting $1 billion for a startup called Human Intelligence that applies AI to research on the human body, according to Bloomberg. Zou’s research includes an FDA-cleared cardiac AI (EchoNet), a Nature-published Virtual Lab that designed novel nanobodies, and a Virtual Biotech […]

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Meta is firing 8,000 people. Microsoft is paying 8,750 to leave. Both are spending the savings on AI.

Summary: Meta and Microsoft announced workforce reductions on the same day, April 23, affecting up to 23,000 positions combined. Meta is cutting 8,000 jobs (10% of staff) and cancelling 6,000 open roles effective May 20, while Microsoft launched its first-ever voluntary retirement programme offering buyouts to up to 8,750 US employees whose age plus years […]

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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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High gas prices are not saving Tesla. They are just slowing the bleeding.

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 »

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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The Pentagon just picked the companies that will put nuclear reactors on Air Force bases

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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Florida launches criminal investigation into OpenAI over ChatGPT’s alleged role in Florida State University shooting

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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Meta is installing tracking software on employees’ computers to capture mouse movements and keystrokes for AI agent training

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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Trump says Anthropic Pentagon deal is ‘possible’, weeks after blacklisting the company as a national security risk

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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