AI’s Cloud Boom Runs on Borrowed Capacity
Google Cloud reportedly turned to SpaceX for short-term Gemini Enterprise capacity as hyperscalers issued $155 billion in unsecured bonds this year. Physical supply and corporate credit are now being tested together.
Kalshi and Polymarket sponsored X posts promoting viral LA mayoral election fraud conspiracy theories; Kalshi says it asked its paid influencers to remove posts
THE SCOOP — Kalshi on Friday asked some of its paid political influencers to remove X posts that sowed doubt about the integrity …
Filing: Google has agreed to pay SpaceX $920M per month for access to Nvidia chips as part of a cloud-services deal that runs through mid-2029
Alphabet Inc.'s Google has agreed to pay Elon Musk's SpaceX $920 million a month for computing power as part of a cloud services deal that runs through mid-2029 …
Inside the early 2025 senior exec meeting where Apple admitted its AI failures; Tim Cook became intimately involved in Apple's AI roadmap around the same time
Also: What to expect at WWDC 2026. — A top secret meeting finally got Apple to take its AI crisis seriously.
Memory chip vendors say CXMT's DDR5 prices match Samsung, SK Hynix, and Micron, and it has a supply advantage in client markets as it is not prioritizing HBM
CXMT's DDR5 memory is apparently not as cheap to procure as reports claim, falling in the same range as DRAM from other manufacturers.
White House AI advisor Sriram Krishnan says he will leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution
Sriram Krishnan, a top AI policy advisor in the Trump administration, plans to leave his position at the end of June …
French carriers Bouygues Telecom, Orange, and Free-iliad sign an MOU with Altice France to acquire SFR for €20.35B, including debt, expected to close in H2 2027
Bouygues Telecom (BOUY.PA), Orange (ORAN.PA) and Free-iliad Group said on Saturday they have signed a memorandum …
OpenAI rolls out Lockdown Mode, an optional security setting designed to offer users advanced protection from prompt injection attacks by limiting some features
The company says most users don't need to use the feature. — OpenAI has begun rolling out Lockdown Mode …
Inside the Trump admin's push to integrate AI into the healthcare system, including an FDA regulatory fast track for digital health tech like AI chatbots
The administration is laying the groundwork for chatbots that can diagnose illness and prescribe medicine, but physicians say AI can introduce more problems.
Q&A with Google DeepMind's Director of AGI Economics Alex Imas and Epoch AI's Phil Trammell on what remains scarce after AGI, redistributing AI wealth, and more
“One robot now turns into many robots next year, but the number of ballerinas is the same.” — Economics of AGI episode w Alex Imas and Phil Trammell.
As wealth managers confront an AI reckoning, the tech is, for now, easing their workloads by picking up routine tasks, freeing up more time to advise clients
Wealth managers, who can make upwards of $500,000, are confronting a chatbot reckoning. — Down the Wealth Walkway on South Beach …
President Trump says he is weighing proposals for US government to hold equity stakes in leading AI labs, and will soon discuss the idea with their executives
How LinkedIn is transforming into a “post-cringe” social network as it courts high-profile influencers, who are building audiences on corporate-friendly topics
Celebrities and paid influencers have transformed the career-focused platform, which for some users, has become a job unto itself.
Raspberry Pi closed up 27%+ on June 5 after saying it expects adjusted EBITDA of at least $38M in H1, putting it on track to beat $42M est. for the full year
UK maker of tiny low-cost computers expects ‘robust demand’ to push unit sales above 4mn in first half
KPMG survey: only 26% of companies have a comprehensive view of their AI costs, while 50% have some visibility and 22% have none or only see costs after billing
Only 26% of companies say they have a comprehensive view of their AI costs, according to a new survey
ASML CEO Christophe Fouquet applauds the EU's tech sovereignty plans but says substantial EU involvement in steering “strategic projects” is a cause for concern
The CEO of top European tech firm ASML (ASML.AS) on Friday welcomed most proposals made by the EU Commission this week …
OpenAI plans to overhaul ChatGPT in the coming weeks, turning it into a superapp with coding tools and AI agents to serve as a gateway to higher-margin products
$850bn start-up to recast hit chatbot as a route to higher-margin products before a potential IPO.
Report: in May, supply of unsecured bonds from hyperscalers hit $155B YTD, 45%+ more than 2025's total issuance; some AI-infra bond sales are 4x oversubscribed
Credit heavyweights like DoubleLine Capital LP and Oaktree Capital Management are buying debt now that can perform …
Several UK police forces have been told to stop using AI to prepare court statements, citing concerns that inaccurate outputs could contaminate legal procedures
Safeguards must be in place before forces automate justice tasks, says head of Police.AI — A number of UK police forces …Forums:Hacker Newsandr/unitedkingdomForums:Hacker News:Police in England and ...
FOIA docs reveal Amazon's extensive control over delivery drivers it insists are not employees, in a case the NLRB sought to settle on terms favorable to Amazon
The feds were pushing a landmark case about Amazon's control of its contract drivers. Then the president put Amazon's former lawyer in charge.
Industry data: India's six largest IT companies grew combined revenue from $95.9B in FY23 to $103.1B in FY26, while headcount remained broadly steady at ~1.9M
India's top IT companies are achieving revenue growth with stable employee numbers. This trend highlights a shift towards automation and improved productivity.
SoftBank's PayPay, Japan's dominant payments app, says it will take a 70.2% stake in T&D Financial Life Insurance for $840M, expected to close in October 2027
Sources: Uber has committed nearly $500M to self-driving startup Nuro, providing a crucial runway as Nuro works to prove its technology at commercial scale
Paris-listed Teleperformance, the world's largest customer service company, has become one of Europe's most shorted stocks, as hedge funds bet on AI disruption
Kepple: seed-stage startup funding in Japan fell 42% YoY in 2025 to a 10-year low of $124M, as the Tokyo Stock Exchange moves to reduce small listings
Google Cloud says its SpaceX compute deal is a “short-term” agreement “to ensure we have bridge capacity to meet surging customer demand” for Gemini Enterprise
Kate Conger /New York Times: