Trump will raise EU car tariffs to 25% next week, breaking the Turnberry deal. The agreement also covers chips and AI. The cars are the test.

Seven companies now operate AI on classified Pentagon networks under "lawful operational use" terms. Anthropic, which refused to drop its safety limits, was replaced.

Founders Fund's $6B fund replaces a $4.6B predecessor spent in under a year. Average check: $600M. Portfolio: Anthropic, Anduril, SpaceX, OpenAI.

Meta lost its first addiction trial, faces 40+ state AG suits, and bans are spreading. Zuckerberg's earnings call was about AI. No investor asked about children.

Nebius pays $643M for Eigen AI, a 20-person MIT spinout that maximises tokens per GPU. In the neocloud race, inference optimisation is the competitive edge.

Australia imports 80% of its fuel with the lowest reserves of any IEA member. The Hormuz crisis made this a national security problem. The fix is $22.7B in technology.

Mark Zuckerberg told Meta employees on Thursday that the May 20 layoffs are driven by AI capital spending rather than AI productivity gains.

US debt hits 100% of GDP for the first time since WWII. Interest payments top $1 trillion. Big Tech's AI capex tops $690B. Both are financed with debt from the same pool.

NYBCe and CZ Biohub will derive iPSC lines from cord blood's immune cells, creating shared, broadly compatible resources for cell therapy, disease modelling, and AI-driven drug development.

Sing Tao Daily reports that Uber has acquired Hong Kong’s Fly Taxi. The deal, if confirmed, removes the main alternative metered-taxi-hailing app from the market.

Kenyan workers lost their jobs after telling journalists they saw users having sex and undressing through Meta smart glasses footage. Regulators and lawyers responded.

A Dutch foundation is suing Netflix for up to €673M. Italy already ruled its price hikes unlawful. The legal target is the generic pricing clause every streaming service uses.