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Kraken's parent Payward cut 150 jobs on May 15, citing AI-driven redundancies. The $20 billion IPO target now looks uncertain, with Bloomberg pointing to 2027.
First AI-Developed Zero-Day: Google Stops It, but Warns the World
Google GTIG confirmed the first AI-developed zero-day on May 11, 2026: a 2FA bypass exploit in an open-source tool, caught before mass exploitation began.
Nvidia Tops $40B in AI Equity in 2026: Beyond the Chip Business
Nvidia committed over $40B in AI equity in the first five months of 2026, including $30B into OpenAI. Jensen Huang is buying the ecosystem, not just selling…
Coinbase Cuts 660 Jobs: Armstrong Bets Big on AI
Coinbase is cutting 660 jobs, 14% of its workforce. Brian Armstrong cites AI efficiency as the driver, with Q1 revenues expected down 26%.
