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The University of Michigan invested 20 million dollars in OpenAI before ChatGPT existed. Court documents show the stake is now worth two billion.

Court documents from the Musk v. Altman trial show the University of Michigan invested $20M in OpenAI before ChatGPT. The stake now has a target redemption of $2B.
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The Pentagon published 162 UFO files on war.gov/ufo. Two-thirds are redacted. The government says it is being transparent.

The Pentagon released 162 UFO files on war.gov/ufo, including unexplained Apollo 17 photos and military sighting videos. Of the files, 108 are partially redacted.
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Google built a 99 dollar AI health coach. Whoop responded with real doctors.

Google launched the $99 screenless Fitbit Air and $9.99/month Gemini health coach. One day later, Whoop responded with on-demand video consultations with licensed clinicians.
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Trump’s H-1B proposal would push entry-level tech salary floor near $162,000

A Trump-administration rule would lift H-1B prevailing wages by up to roughly 30% at the entry-level tier, raising the salary floor for foreign tech hires in San Francisco to $162,000.
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NHTSA says the Tesla Model Y is the first car to pass its new safety tests. The agency is simultaneously investigating 3.2 million Teslas for crashing.

The Trump administration announced the Tesla Model Y passed NHTSA's new ADAS safety benchmark. The same agency is investigating 3.2 million Teslas for Full Self-Driving crashes.
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Intel’s stock tripled under Lip-Bu Tan. He still has not told most employees the plan.

Intel's stock has tripled under CEO Lip-Bu Tan, who has won over Trump, partnered with Musk on Terafab, and attracted Apple. The factories still lag behind TSMC.
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Lime files for a Nasdaq IPO under the LIME ticker, the first big micromobility test in eight years

Lime, the Uber-backed micromobility operator, has filed for a US IPO under the corporate name Neutron Holdings. Goldman Sachs and JPMorgan lead.
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Rocket Lab’s revenue grew 64 per cent, its backlog hit 2.2 billion dollars, and its stock hit a record. Neutron still has not flown.

Rocket Lab reported record Q1 revenue of $200M, a $2.2B backlog, and a $30M Anduril hypersonics deal. The stock surged 30% but Neutron has still not flown.
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Hackers breached five Polish water treatment plants. The attack vector was default passwords. Seventy per cent of American water utilities fail the same test.

Poland's ABW disclosed ICS breaches at five water treatment plants using default passwords. The US EPA found 70% of American water utilities fail basic cybersecurity standards.
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Cloudflare beat earnings, cut 1,100 jobs because AI agents do the work now, and lost a quarter of its stock price in a day

Cloudflare cut 20% of its workforce after AI usage rose 600% in three months. Q1 revenue beat estimates at $640M but the stock fell 24% on the restructuring news.
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Coinbase cut 700 jobs on Monday, lost $394 million on Thursday, and went dark on Friday because a data centre overheated

Coinbase went offline for seven hours after an AWS data centre overheated in Virginia. The outage capped a week of 700 layoffs and a $394M quarterly loss.
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Uber’s robotaxi partner crashed 16 times in four months. The regulator called it “excessively assertive and insufficiently capable.”

NHTSA opened an investigation into Avride, Uber's autonomous vehicle partner, after 16 crashes in Dallas. The regulator cited "excessive assertiveness and insufficient capability." ...