Welcome, Weekenders! In this newsletter:âą The Big Read: The tech elite are using AI to supercharge their cancer battles ⹠Artificial Intelligence: Should AI and Christianity mix? ⹠Tech Culture: Amid AI backlash, billionaires demand new breed of bodyguardâplus, inside the star-studded Breakthrough Prize gala ⹠Plus, Recommendationsâour weekly pop culture picks: âFamily Lore,â âThe Long Runâ and âScream 7âLetâs get straight to one of the biggest happenings at Google... Read more âș
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Wall Streetâs sell-off of enterprise software stocks resumed in earnest late last week, sending stocks such as ServiceNow and Snowflake down around 8% or so on Friday, as jitters over the impact of new AI tools on older software firms intensified. But the panic may be too indiscriminate. One way of sorting out which software firms may have more of a future is to look at their spending on research... Read more âș
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Welcome, Weekenders! In this newsletter:âą The Big Read: Meet the father of Claude Codeâą Artificial Intelligence: The hijinks around tokenmaxxing ⹠Plus, Recommendationsâour weekly pop culture picks: âWho Blew Up the Georgia Guidestones?â âThose Who Are About to Dieâ and âIt Was Just an AccidentâOver a good many years, âSilicon Valley,â the HBO show, accomplished a very rare feat: It got the elite of Silicon Valley, the place, to laugh... Read more âș
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At tech giants like Meta Platforms, employees may have embraced the idea of âtokenmaxxingâ as a way to show off how dedicated they are to using AI in their jobs. Donât expect businesses beyond the deepest-pocketed tech giants to follow their lead, though. As The Information reported on Monday, employees inside Meta have been competing to see who could rank highest on an internal leaderboard called Claudeonomics as the most... Read more âș
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Meta Platforms is bringing on three senior OpenAI executives who helped lead the ChatGPT-makerâs ambitious Stargate cloud and data center initiative, according to two people with direct knowledge, marking a notable escalation in the battle for AI infrastructure talent. The executives are joining ... Read more âș
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CoreWeave, a provider of cloud computing for AI, on Friday said it had struck a multi-year deal to develop and run Anthropicâs Claude AI models. The company expects the first servers to come online for Anthropic later this year. The two companies didnât disclose the size of the deal. This is ... Read more âș
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Hong Kong has granted its first licenses to issue stablecoins to HSBC and a joint venture of Standard Chartered, allowing them to issue crypto tokens pegged to Hong Kong dollars. The move comes as Hong Kong pushes to become a global fintech and crypto hub, even as mainland China continues ... Read more âș
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Tesla has won approval to sell its driver assistance software in the Netherlands, the countryâs vehicle regulator said on Friday, in a key step toward potentially selling the service in the entire European Union. The Netherlands is the first country in the EU to approve the driving software, ... Read more âș
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Cisco Systems is in talks to acquire Astrix Security, a five-year-old Israeli cybersecurity startup that sells software to monitor and secure AI agents, for between $250 million and $350 million, according to people with knowledge of the deal. That would represent at least a 25% premium to the startupâs last valuation of around $200 million, one of the people said. The deal talks come as the popularity of AI agentsâAI... Read more âș
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Boris Cherny, the head of Claude Code, almost parted ways with Anthropic for good last summer. Instead, he has helped shape the coding agent into a megahit that has closed the distance with rival OpenAI. Claude Code has supercharged Anthropicâs growth. After rising from $1 billion in December to $2.5 billion in February, Claude Codeâs annualized revenue has accelerated in recent weeks, Cherny said, helping propel Anthropicâs revenue on that... Read more âș
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The memory chip market right now is governed by a triumvirate of companies, led by South Korean firm SK Hynix, followed by Samsung, also of South Korea, and U.S. chipmaker Micron. The three stocks soared more than 200% over the last yearâand yet theyâre still cheap, especially relative to Nvidiaâs stock. Investors arenât giving the companies credit for their stunning growth. SK Hynix and Micron each increased sales nearly 50%... Read more âș
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Federal Reserve Chair Jereme Powell and Treasury Secretary Scott Bessent on Tuesday summoned leaders of the major U.S. banks, including Citigroup, Bank of America and Wells Fargo, to discuss the cybersecurity risks from Anthropicâs new model, Claude Mythos, Bloomberg reported. The gathering ... Read more âș
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Three senior OpenAI executives who helped launch the companyâs original Stargate data center initiative have left or are preparing to depart the ChatGPT maker in the coming days, according to several people with direct knowledge of the matter. Peter Hoeschele, an OpenAI executive who played a key role in getting the Stargate effort off the ground, has already left the company, one of the people said. Two othersâShamez Hemani, who... Read more âș
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Peter Hoeschele, an OpenAI executive who helped launch the firmâs Stargate data center initiative, has left the startup, according to a person with direct knowledge. Hoeschele was on the original OpenAI Stargate team, which intended to help OpenAI build and operate its own data centers. However, ... Read more âș
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Anthropic is exploring potentially designing its own chips, according to a report in Reuters, though the effort remains in its early stages. Developing in-house silicon would take significantly longer than striking additional cloud deals to ease its near-term compute constraints. Still, ... Read more âș
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Google has committed to use future generations of Intelâs central processing unit chips for multiple years in its data centers, the companies announced on Thursday. The announcement is a win for Intel, which received a $9 billion investment from the U.S. last fall after its shares dropped more ... Read more âș
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SpaceX lost just under $5 billion last year while generating more than $18.5 billion in revenue, two people familiar with the figures said. The loss figure includes xAI, the Elon Musk-founded artificial intelligence company that SpaceX acquired in February. The net loss, as well as other financial figures that consolidate SpaceX and xAIâs performance, havenât been previously reported. Read more âș
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Hereâs a suggestion for OpenAIâs management: Stop issuing long-range revenue forecasts to investors. While we at The Information love getting our hands on these, as they make for good stories, itâs doubtful theyâre doing OpenAI much good. How can anyone take seriously forecasts for revenue reaching as far out as 2030? (OpenAI projects total revenue will reach $284 billion by then, compared with $13 billion last year.)Â Analyst Jim Chanos... Read more âș
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This yearâs HumanXâthe second AI conference from the team that puts on Money 20/20 and Shoptalkâhad a different vibe than the inaugural event did. The fact that it was held at Moscone Center in San Francisco instead of a posh hotel in Las Vegas was a big part of it.While the location made it easier to attract high-profile speakers, it also meant that many attendees appeared to stop by between... Read more âș
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OpenAI said Thursday it was making several changes to how it bills companies that use its AI coding agent, Codex, due to rising use of the tools. The changes are geared towards matching the amount customers spend more closely with how much they use the products. OpenAI on Thursday announced a ... Read more âș
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Meta Platforms is pulling top engineers from across the company into its new Applied AI Engineering divisionâwhether they like it or notâas part of its aggressive push to step up its competitiveness in the AI model arms race. In an internal memo sent to employees on Wednesday and seen by The ... Read more âș
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30.04.2026 04:26
Last update: 04:20 EDT.
News rating updated: 11:22.
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