SoftBank is borrowing $10B against its OpenAI stake at nearly triple the spread of its 2018 Alibaba margin loan. S&P has cut its credit outlook to negative.

Meta is laying off 10% of its workforce starting 20 May, with more cuts planned for H2 2026, while spending up to $135B on AI infrastructure and awarding executives $921M stock options.

US gas prices passed $4/gallon and EV interest hit 2026 highs, but overall EV sales fell 28% and Tesla missed delivery estimates. The tax credit mattered more than the pump.

Rilian raises $17.5M led by 8VC to deploy agentic AI into air-gapped defence and sovereign cloud environments.

Microsoft offers voluntary retirement to ~8,750 US employees using a "Rule of 70" formula, its first such programme in 51 years, as it redirects spending toward AI.

OpenAI launches GPT-5.5, its first fully retrained base model since GPT-4.5, targeting enterprise with agentic coding, computer use, and knowledge work ...

The OSTP says China is running industrial-scale campaigns to distil US AI models. OpenAI, Anthropic, and Google are sharing threat intelligence. Congress is drafting sanctions.

Workers’ compensation is evolving as AI improves claims processing, decision-making, and access to care. Here’s how companies like Claim Clarity are approaching it.

Zapata Quantum raises $15M after emerging from a near-liquidation in 2024 and a two-phase restructuring that addressed $18.7M in debt.

Health data from 500,000 UK Biobank volunteers appeared for sale on Alibaba after three Chinese research institutions violated data-sharing contracts. The ICO is investigating.

Kostiantyn Gitko built Devox Software after years in enterprise IT leadership. Here’s how his focus on structure, scale, and long-term stability shaped the company.

The European Commission is drafting measures requiring Google to give rival AI assistants the same Android access as Gemini, with a binding decision due by July 2026.