Kalshi builds a forward curve for computing power as exchanges race to turn GPUs into a tradable commodity
Kalshi created a forward curve tracking future computing power prices using weekly and monthly event contracts extending up to one year. The prediction markets exchange joins other platforms attempting to standardize GPU rental costs into tradable financial instruments.
1Password moves into AI cost management, betting that token spend is the next enterprise budget crisis
1Password launched AI Spend and Consumption Management, embedded in its SaaS Manager platform, providing real-time visibility into token consumption and spending across AI vendors like Anthropic, Cursor, and OpenAI. The tool connects to vendor APIs to pull daily token-level consumption data and is entering public preview with broad availability planned for fall 2026.
Canva launches Code 2.0, offering AI website building to every user — including free accounts
Canva Code 2.0 lets users build websites and apps through plain-language prompts and edit results like presentations, now available to all 265 million monthly users including free accounts. The tool differentiates from competitors by prioritizing design customization rather than just functional code generation.
Huawei, Apple Get Boost in China From Memory Costs, IDC Says
Memory chip costs declined in the second quarter, boosting profitability for premium smartphone makers like Huawei and Apple in China. Huawei and Apple expanded their market share as consumers either purchased high-end devices or delayed purchasing new phones.
OpenAI’s Feud With xAI Carries On as Apple Secrets Fight Revs Up
OpenAI asked a judge to dismiss xAI's trade secret theft lawsuit and requested over $1 million in legal fees from the defendant. The ChatGPT maker claims the case should never have been filed in the first place.
Tesla’s Cybercab drove across a car park, and the real news happened two days earlier
Tesla announced that Cybercab employee rides will begin soon at its Texas factory, featuring a vehicle with butterfly doors, no steering wheel, and no pedals. The company released a video showing the gold Cybercab autonomously driving across a parking lot.
Google’s big Waze AI update includes a button that makes the app shut up
Waze received multiple Gemini-powered features including motorcycle mode, personalized routing, conversational map editing, and destination search. A new "less chatty mode" button allows users to reduce the app's verbal output while navigating.
Intel is putting 5 billion euros into Ireland, and Europe just got one of the few EUV fabs on the continent
Intel is investing 5 billion euros in its Leixlip, Ireland campus to expand data-centre processor production for AI and high-performance computing. This expenditure represents approximately 30% of Intel's planned $17 billion capital spending for 2026.
Nadella says you pay for AI twice, and Microsoft helped build the trap
Companies using AI must pay twice: once in cash and once by surrendering secrets needed to make the systems useful, according to Microsoft's Satya Nadella, who calls this the Reverse Information Paradox. Microsoft itself helped create this trap by building AI systems that require proprietary data to function effectively.
AI is ending older workers’ careers early, and it is coming for the well-paid ones first
Workers aged 55 and over in AI-exposed occupations are exiting work at higher rates since ChatGPT's launch. Research from Boston College's Center indicates this trend affects older workers in roles vulnerable to artificial intelligence disruption.
The web is now mostly bots. Cloudflare is rebuilding its defences around that
Bot traffic now exceeds human traffic on the web for the first time. Cloudflare developed Precursor, a new tool that monitors visitor behavior after entry rather than verifying identity at initial access.
Valarian raised $50m to help governments use US cloud without losing control of it
Valarian raised $50 million in Series A funding to help governments use American cloud and AI services while maintaining data sovereignty and preventing US access. The startup, co-founded by a former Palantir executive, was led by venture fund NEA and addresses government concerns about data control.
The EU has stopped sanctioning Russian hackers and started sanctioning the machine that makes them
The EU and UK sanctioned Russia's cyber apparatus for the first time, with the EU targeting nine individuals and four entities while the UK sanctioned 24 subjects. The sanctions targeted an ecosystem spanning intelligence services rather than individual hacking groups.
Helsing raises $1.8bn at an $18bn valuation, and its cap table tells a story
Helsing closed a $1.8 billion Series E funding round at an $18 billion valuation, establishing itself as Europe's largest defense startup. The round centers on sovereign AI development with primary investment from American sources.
The desktop infrastructure problem that Kubernetes finally solves
Kubernetes-based containerized desktop delivery eliminates the operational split between cloud-native application infrastructure and separately managed virtual desktop systems. Platform teams can now apply declarative configuration, horizontal scaling, and self-healing capabilities to secure desktop workloads using the same Kubernetes operational model as container applications.
AI has triggered the biggest gas-plant building boom in history, and a quiet fight to stop it
Natural gas power plant construction has reached historic highs due to AI's massive energy demands, with utilities and the government extending aging coal plants past retirement dates to meet electricity needs.
Meta spent a year being punished for its AI spending. Then it told investors how it would get the money back.
Meta's stock rose approximately 15% in one week after the company explained to investors how it would recoup spending on artificial intelligence infrastructure. The company had underperformed the market for a year, with shares flat while the Nasdaq-100 gained 18%.
The AI race has quietly stopped being about who has the biggest model
Companies are selecting AI models based on specific tasks, costs, and control needs rather than pure size or benchmark rankings. The shift reflects practical enterprise requirements where a single largest model no longer serves as the dominant purchasing criterion.
Amazon has cut 57,000 jobs, and the people who kept theirs are not fine either
Amazon eliminated more than 57,000 corporate jobs since 2022, representing approximately 16% of its corporate workforce. The company cut roughly 16,000 employees in late January following layoffs of over 14,000 three months prior.
OpenAI, Meta, SpaceXAI Compete for More Cost-Efficient AI Models
OpenAI, Meta, and SpaceXAI released new AI models focused on cost efficiency rather than pure capability. These models prioritize affordability, charging less to operate while maintaining advanced performance.
Forget typosquatting; slopsquatting is the software supply chain threat created by AI coding tools
AI coding assistants hallucinate fictitious software package names that threat actors can register and populate with malicious code, injecting malware directly into developers' codebases. This attack vector, called slopsquatting, exploits LLMs' tendency to generate fake open-source packages that developers unknowingly incorporate into their projects.
The EU says autoplay and infinite scroll are illegal. Meta has until it responds to disagree.
The European Commission issued preliminary findings accusing Meta of using addictive features like autoplay and infinite scroll on Facebook and Instagram. Meta has a formal opportunity to respond before the EU reaches a final decision that could impose fines up to 6% of its global annual revenue.
OpenAI has folded safety into research again. Its head of safety is leaving.
OpenAI merged its safety and research teams under unified leadership, causing safety systems head Johannes Heidecke to depart. The restructuring places safety teams under Mia Glaese, whose title was expanded to cover both domains.
Meta killed its Muse Image AI feature three days after launch. Hollywood had had enough.
Meta discontinued its Muse Image AI feature after three days due to privacy concerns with the tool. The model, developed by Meta Superintelligence Labs under chief AI officer Alexandr Wang, was removed from Instagram and the Meta AI app shortly after its Tuesday launch.
Apple sues OpenAI for stealing hardware designs, alleging employees brought prototypes to “show and tell” interviews
Apple sued OpenAI, alleging the company used current and former Apple employees to steal hardware designs for AI devices. The lawsuit names OpenAI's chief hardware officer Tang Tan and former Apple engineer Chang Liu as defendants in California federal court.
US cybersecurity agency CISA had to build its incident playbook during the incident, agency reveals
A CISA contractor employee uploaded exposed passwords to a publicly accessible GitHub repository, which a GitGuardian security researcher discovered and reported in May. The agency had to develop its incident response playbook while actively managing the breach situation itself.
Apple Sues OpenAI for Trade Secret Theft
Apple sued OpenAI for trade secret theft, claiming the company encouraged Apple employees to share information about upcoming products, components, and drawings. OpenAI's hardware chief was accused of coordinating the campaign to obtain confidential Apple materials.
I built an agentic AI clone of my family to plan our summer travel
An AI system built with Claude uses multiple simulation rounds to plan family summer travel itineraries across multiple destinations with three children. The system generates detailed travel plans, though the creator notes significant limitations alongside its capabilities.
US Eases Export Curbs on UAE, Opening Door for AI Chip Sales
The Trump administration is easing export restrictions on the United Arab Emirates, permitting sales of advanced semiconductors and other technologies to support the country's AI development. The policy change allows the Gulf state broader access to chips previously subject to export controls.
Home robots already walk. 1X’s new hands try to solve the part that actually matters
1X has equipped its NEO home robot with new hands designed to handle delicate tasks like lifting wet glasses. The development addresses a critical gap where humanoid robots can walk but lack the dexterity needed for practical household use.