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.

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.

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.

Cloudsmith raises a $72M Series C led by TCV and Insight Partners to govern and secure the AI-generated software supply chain.

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.

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 ...

Anthropic is reportedly trading at ~$1 trillion on secondary markets, overtaking OpenAI at $880B on Forge Global.

Bain Capital is seeking a buyer for a stake in Bridge Data Centres at a $5 billion valuation, with Citi and JPMorgan running the process.

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.

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.