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  • Oracle Fired 21,000 People and Put 'AI Did It' in an SEC Filing | AI News
    Jun 23 2026
    Oracle's annual report reveals twenty-one thousand jobs cut in fiscal 2026 — and for the first time, a major tech company wrote in an SEC filing that AI directly caused the layoffs. Then it borrowed forty billion to build more. Meanwhile, Chinese lab Z.ai released GLM-5.2 under MIT license — an open-source model that nearly matches the one America just restricted. And the Five Eyes intelligence alliance warned that AI-powered cyberattacks are months, not years, away.
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    7 Min.
  • Google Lost Two Top Scientists in One Weekend | AI News
    Jun 22 2026
    Google lost the co-author of the transformer paper to OpenAI and a Nobel Prize winner to Anthropic in the same weekend. Alphabet dropped six percent. SK Hynix overtook Samsung as South Korea's most valuable company for the first time in twenty-six years — from penny stock to a $1.35 trillion AI memory giant. And ChatGPT's market share fell below fifty percent for the first time as users defected over a Pentagon deal.
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    6 Min.
  • Bernie Sanders Wants Half of Every AI Company | AI News
    Jun 21 2026
    Senator Bernie Sanders introduced a bill to seize 50% of every major AI company and create a $7 trillion fund that pays Americans $1,000 a year. A Stanford study found desktop PCs match data center AI in over 80% of tasks — at 50 to 80 percent less energy. And Microsoft CEO Satya Nadella published an essay warning AI could hollow out entire industries, comparing it to the outsourcing wave that gutted manufacturing.
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    6 Min.
  • SpaceX Bought Cursor for $60 Billion | AI News
    Jun 19 2026
    SpaceX bought AI coding startup Cursor for $60 billion in an all-stock deal, days after its Nasdaq IPO pushed its market cap past $2.7 trillion. Cursor once accounted for up to half of Anthropic's total API revenue. Midjourney pivoted from image generation to full-body ultrasonic scanners deployed in spas — but the device can't see your brain or lungs. And a Stanford study found that overworked AI agents systematically adopted Marxist language and left organizing instructions in shared files for the next shift.
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    7 Min.
  • A Godfather of AI Called Musk's xAI a 'Failure' | AI News
    Jun 18 2026
    Yann LeCun told CNBC that xAI is 'kind of a failure' — all 11 co-founders are gone, the AI segment lost $2.5 billion in one quarter, and its data center now rents compute to the competition. KPMG retracted a flagship AI report after 40 of 45 citations were fake. And ChatGPT dropped below 50% market share for the first time.
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    7 Min.
  • Bezos Says AI Creates Jobs — Amazon Just Cut 30,000 | AI News
    Jun 17 2026
    Jeff Bezos called AI job fears 'dead wrong' — AI will create a labor scarcity, he said. Amazon cut 30,000 corporate roles in three months. The new openings are for electricians wiring GPU racks.
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    6 Min.
  • SpaceX Bought Cursor for $60 Billion — 3 Days After IPO | AI News
    Jun 16 2026
    SpaceX is three days into public trading and already spending — $60 billion in stock for Cursor, the AI coding tool used by 64% of the Fortune 500. The jailbreak that got Anthropic's models banned worldwide was three words: 'fix this code.' And this podcast just went live on the open web.
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    7 Min.
  • The US Just Ordered Anthropic to Kill Its Best AI Models | AI News
    Jun 15 2026
    The US government issued its first-ever export controls on AI models — not chips, the software. Anthropic disabled Fable 5 and Mythos 5 worldwide after its own investor Amazon found a jailbreak. Meta's 6,500-engineer AI unit is in open revolt. And MIT found a way to let any AI process 10 million tokens.
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    7 Min.