Microsoft’s president responds to the AI backlash with a 3,000-word essay and zero policy changes
Microsoft’s president responds to the AI backlash with a 3,000-word essay and zero policy changes

Microsoft President Brad Smith has responded to the wave of graduating students booing AI at commencement ceremonies with a 3,000-word essay that acknowledges their concerns and offers no concrete changes. Published on Microsoft’s official blog on Tues…

White House offers to trade state AI preemption for federal online safety laws in new deal with Congress
White House offers to trade state AI preemption for federal online safety laws in new deal with Congress

The White House is negotiating with key senators to bundle federal preemption of state AI laws with three online safety bills, Axios reported. Senator Marsha Blackburn is leading the effort to finalise legislative text. The package would block state AI…

Seattle drinkware maker MiiR sues Tesla for copying its tumbler lid design
Seattle drinkware maker MiiR sues Tesla for copying its tumbler lid design

Seattle-based drinkware maker MiiR is suing Tesla for allegedly copying the lid design and overall look of its stainless steel tumbler. The lawsuit, filed May 28 in US District Court in Seattle, alleges Tesla’s On The Road Tumbler infringes a design pa…

OpenAI says China-linked accounts used ChatGPT to fuel opposition to US data centres
OpenAI says China-linked accounts used ChatGPT to fuel opposition to US data centres

OpenAI said a cluster of ChatGPT accounts linked to China attempted to stir up local opposition to US data centres by posing as Americans and posting AI-generated content about rising electricity costs. The company nicknamed the campaign “Data Center B…

Amazon takes on $17.5 billion in new debt as AI spending pushes total borrowing past $225 billion
Amazon takes on $17.5 billion in new debt as AI spending pushes total borrowing past $225 billion

Amazon has agreed to a $17.5 billion delayed-draw term loan led by Citigroup, the latest in a borrowing spree fuelled by its race to build AI infrastructure. The cash is available through the end of September. Each draw has a three-year repayment windo…

NEURA Robotics raises up to $1.4B in record robotics round backed by Nvidia, Amazon, and Tether
NEURA Robotics raises up to $1.4B in record robotics round backed by Nvidia, Amazon, and Tether

German robotics company NEURA Robotics has announced up to $1.4 billion in Series C funding to scale its cognitive robotics platform. The round values the company at approximately $7 billion, according to Bloomberg. NEURA says it is the largest funding…

Researchers tricked an OpenClaw AI agent into leaking AWS keys and customer data with a phishing email
Researchers tricked an OpenClaw AI agent into leaking AWS keys and customer data with a phishing email

Security researchers at Varonis built an OpenClaw email agent, connected it to a Gmail inbox with fake company data, and then phished it. The agent, dubbed Pinchy, handed over AWS credentials, database connection strings, and a customer export without …

A Chinese state-linked botnet has grown to 1,500 hacked routers and is mapping vulnerable targets within hours of disclosure
A Chinese state-linked botnet has grown to 1,500 hacked routers and is mapping vulnerable targets within hours of disclosure

A covert botnet linked to Chinese state-sponsored hackers has more than doubled in size and is now scanning for newly disclosed vulnerabilities within hours of publication. The JDY botnet comprises over 1,500 compromised small office and home office ro…

BNP Paribas says the $3.6 trillion US tech IPO pipeline will pull European startups towards public markets
BNP Paribas says the $3.6 trillion US tech IPO pipeline will pull European startups towards public markets

The IPO filings by SpaceX, OpenAI, and Anthropic have created a pipeline of US tech offerings worth approximately $3.6 trillion. That wave is going to generate appetite for European tech deals too, according to Ygal el Harrar, global head of equity cap…

The most AI-obsessed companies spend $7,500 per employee per month. The median spends $11.
The most AI-obsessed companies spend $7,500 per employee per month. The median spends $11.

The top 1% of US companies by AI adoption spend $7,500 per employee per month on AI tools and compute. The median firm spends $11.38. That 680x gap, drawn from the Ramp AI Index, is the clearest picture yet of how unevenly AI spending is distributed ac…