Eric Trump rejected Senator Elizabeth Warren’s declare that his father directs particular person Nvidia (NVDA) inventory trades. Warren tied current buys to eased US AI chip exports to China. Reports flagged a January 6 buy value up to $1 million in Trump-tied accounts. The Commerce Department up to date AI chip export guidelines one week…
BlackRock Investment Institute warned traders that company-level AI capex now drives your entire macro market backdrop. The asset supervisor mentioned its first 2026 theme, micro is macro, captures the shift. The notice from strategists Jean Boivin and Wei Li lands as Big Tech capital spending tracks roughly $725 billion this 12 months. That determine is…
SpaceX’s IPO prospectus does one thing uncommon. It strips public traders of the proper to take away the chief government. The similar submitting warns that his departure might be existential. The contradiction is structural, not unintended. The S-1 asks markets to fund a single founder. It additionally asks them to simply accept a pay bundle…
Dune Analytics is chopping 25% of its workforce as cofounder Fredrik Haga restructures the platform round AI brokers and institutional adoption of onchain finance. The May 14 publish from Haga additionally drew a pointy reply from Surf cofounder Ryan Li, who argued crypto analysis now calls for infrastructure constructed for AI brokers fairly than human-operated…
NVIDIA inventory reached a report $236.46 on Thursday after Washington cleared H200 chip gross sales to roughly 10 Chinese companies. CEO Jensen Huang described President Trump’s China summit as one of the crucial vital in human historical past. The Department of Commerce approval clears Alibaba, Tencent, ByteDance and JD.com to buy NVIDIA’s flagship AI accelerator….
Polymarket merchants are pricing a 67% likelihood that U.S. tech sector layoffs in 2026 will surpass 2025 totals, citing contemporary studies that Meta worker morale has plunged to historic lows forward of May 20 job cuts. The prediction market posted the morale headline minutes earlier than selling its “Tech Layoffs Up or Down in 2026?”…
MBA packages are slashing tuition by as much as 50% as functions drop sharply this cycle. Mid-tier colleges are absorbing the squeeze whereas top-20 manufacturers maintain or elevate costs. The cut up reveals whether or not the MBA market is melting down or just repricing. Tuition reductions cluster at packages exterior the elite tier. Artificial…
A category motion filed in California federal court docket accuses OpenAI of revealing non-public ChatGPT person information to Meta and Google. The criticism says the corporate used embedded monitoring know-how with out shopper consent. The lawsuit covers United States residents who entered queries on ChatGPT.com. It argues that OpenAI funneled private questions and account particulars…
Meta staff at a number of U.S. places of work distributed protest flyers. The motion targets an inner software that data mouse actions and keystrokes to practice Meta’s AI fashions. The flyers appeared in assembly rooms, on merchandising machines, and atop rest room paper dispensers. They direct workers to a petition demanding Meta withdraw the…
Google’s Threat Intelligence Group caught a prison hacking crew utilizing an AI-built zero-day exploit reside within the wild for the primary time, neutralizing a deliberate mass assault earlier than it may set off. The discovering sits inside a wider report exhibiting that attackers now weave giant language fashions into each stage of an intrusion. Defenders…