The time-honored tradition of scouring a new cereal box in search of a prize is coming back to the breakfast table.

Thousands of AI startups are fighting for the VC funding needed to win a slice of the enterprise market. But according to Scott Stevenson, cofounder and CEO of the legal AI startup Spellbook, many are inflating their real revenue to get it. In a viral tweet on April 17, Stevenson called out these fledgling companies for perpetuating a “huge scam” in their metric reporting.

There appears to be a recent epidemic of users hijacking companies’ AI-powered customer service bots to turn them into generic AI assistants. The goal is to get the branded bots to do their bidding, without having to subscribe to an AI service. Sometimes, people force the bots to do things that they are not supposed to do, like giving extraordinary product deals and even helping them to take legally problematic actions.

Staples is ready to party, just in time for graduation season. The office supply retailer is adding Party City shop-in-shops to 700-plus of its stores in 34 states across the U.S.

The main reason Shark Tank star Barbara Corcoran fires people? 

The Trump administration is putting America on the fast track to a good trip.

Iran’s top diplomat on Friday headed to Pakistan, where officials have been trying to get the United States and Iran to convene for a second round of ceasefire negotiations.

Just days after the record-breaking Artemis II crew aboard the Orion capsule splashed down in the Pacific, NASA Administrator Jared Isaacman is ready to talk about what comes next. An entrepreneur turned space chief, Isaacman gets frank about the agency’s ambitions to build a permanent lunar base, put boots on Mars, and push the search for extraterrestrial life further than ever before. Plus, he shares why he sees the accelerating space race with China as one of the most consequential competitions of our time.

The job search is exhausting: an application, several rounds of interviews, skills assessments, and, increasingly, even a work trial.

If you’ve had a Capital One savings account in recent years, the bank may soon send some money your way after a U.S. judge approved a $425 million settlement this week. 

When The Las Vegas Raiders announced Indiana University quarterback Fernando Mendoza as the first overall pick in the 2026 NFL Draft yesterday, it kicked off what might just be the most special time of year for any football fan. 

Hello again, and welcome back to Fast Company’s Plugged In.

Intel Corporation (Nasdaq: INTC) has long played second fiddle to the more established giants in the AI race. For much of that race, the technology powering the hardware AI needs to run on has been GPUs, like the kind Nvidia excels in making.

As Madonna promotes her new album, she’s going where only one pop diva has gone before: Grindr. Ahead of the July launch of Confessions II, Grindr will feature an evolving takeover with exclusive content and limited-edition drops.

The Trump administration is vowing to crack down on foreign tech companies’ exploitation of U.S. artificial intelligence models, singling out China at a time that country is narrowing the gap with the U.S. in the AI race.

In a Thursday memo, Michael Kratsios, the president’s chief science and technology adviser, accused foreign entities “principally based in China” of engaging in deliberate, industrial-scale campaigns to “distill,” or extract capabilities from, leading AI systems made in the U.S. and “exploiting American expertise and innovation.”

The administration, Kratsios wrote, will work with American AI companies to identify such activities, build defenses and find ways to punish offenders.

The memo arrives at a time when China is challenging U.S. dominance in artificial intelligence, an area where the White House says the U.S. must prevail to set global standards and reap economic and military benefits. But the U.S.-China gap in performance of top AI models has “effectively closed,” according to a recent report from Stanford University’s Institute for Human-Centered AI.

China’s embassy in Washington said it opposed “the unjustified suppression of Chinese companies by the U.S.”

“China has always been committed to promoting scientific and technological progress through cooperation and healthy competition. China attaches great importance to the protection of intellectual property rights,” said Liu Pengyu, the embassy spokesperson.

In Beijing, China’s Foreign Ministry spokesperson Guo Jiakun told reporters Friday that the U.S. claims are groundless and were smearing the achievements of China’s artificial intelligence industry.

“China firmly opposes this. We urge the U.S. to respect facts, discard prejudice, stop suppressing China’s technological development, and do more to promote scientific and technological exchange and cooperation between the two countries,” he said.

Kratsios’ memo also came the same week that the House Foreign Affairs Committee offered unanimous, bipartisan support for a bill to set up a process to identify foreign actors that extract “key technical features” of closed-source, U.S.-owned AI models and to punish them with measures including sanctions.

“Model extraction attacks are the latest frontier of Chinese economic coercion and theft of U.S. intellectual property,” said Rep. Bill Huizenga, R-Mich., who sponsored the bill. “American AI models are demonstrating transformative cyber capabilities, and it is critical we prevent China from stealing these technological advancements.”

Last year, the Chinese startup DeepSeek rattled U.S. markets when it released a large language model that could compete with U.S. AI giants but at a fraction of the cost.

David Sacks, then serving as President Donald Trump’s AI and crypto adviser, suggested that DeepSeek copied U.S. models. “There’s substantial evidence that what DeepSeek did here is they distilled the knowledge out of OpenAI’s models,” Sacks said then.

In a February letter to U.S. lawmakers, OpenAI, the developer of ChatGPT, made similar allegations and said China should not be allowed to advance “autocratic AI” by “appropriating and repackaging American innovation.”

Anthropic, the maker of the Claude chatbot, in February accused DeepSeek and two other China-based AI laboratories of engaging in campaigns to “illicitly extract Claude’s capabilities to improve their own models” using the distillation technique that “involves training a less capable model on the outputs of a stronger one.”

Anthropic said distillation can be a legitimate way to train AI systems but it’s a problem when competitors “use it to acquire powerful capabilities from other labs in a fraction of the time, and at a fraction of the cost, that it would take to develop them independently.”

But it can go both ways. San Francisco-based startup Anysphere, maker of the popular coding tool Cursor, recently acknowledged that its latest product was based on an open-source model made by Chinese company Moonshot AI, maker of the chatbot Kimi.

Kyle Chan, a fellow at the Washington-based think tank The Brookings Institution and an expert on China’s technology development, said it will be like “looking for needles in an enormous haystack” to separate unauthorized distillation from the vast volume of legitimate requests for data. But information sharing and coordination among U.S. AI labs could help, and the federal government can play an important role in facilitating anti-distillation efforts across labs, Chan said.

It’s hard to assess how far the House bill can go, but Chan said Trump may not want to rock the boat with Chinese President Xi Jinping ahead of a planned mid-May state visit to Beijing.

Amid a merger with SpaceX, a $60 billion option to acquire the AI company Cursor, and an upcoming public offering, Elon Musk’s xAI firm is still losing employees. 

Experts have a lot of ideas about persuasion. Some suggest leveraging social proof to show that people have adopted the idea and had a positive experience. Others emphasize the importance of building trust and appealing to emotional, rather than analytical arguments. Still others insist on creating a unified value proposition.

Last year, Canada was one of the most reliable international buyers of American whiskey. Now it’s become one of the industry’s biggest losses.

U.S. spirits exports to Canada have plunged by nearly 70 percent, collapsing from what had been a roughly $250 million annual market for American distillers to just $89 million, according to data compiled by the Distilled Spirits Council of the United States (DISCUS).

A U.S. special forces soldier involved in the military operation to capture Venezuelan President Nicolás Maduro has been charged with using classified information about the mission to win more than $400,000 in an online betting market, federal officials announced Thursday.

Gannon Ken Van Dyke was part of the operation to capture Maduro in January and used his access to classified information to make money on the prediction market site Polymarket, the federal prosecutor’s office in New York said.

He has been charged by the Justice Department with unlawful use of confidential government information for personal gain, theft of nonpublic government information, commodities fraud, wire fraud and making an unlawful monetary transaction. He could face years in prison.

Van Dyke, 38, was involved in the planning and execution of capturing Maduro for about a month beginning Dec. 8, 2025, according to the federal prosecutor’s office. Even though he signed nondisclosure agreements promising to not divulge “any classified or sensitive information” related to the operations, prosecutors say the Army soldier used this information to make a series of bets related to Maduro being out of power by Jan. 31, 2026.

“This involved a U.S. soldier who allegedly took advantage of his position to profit off of a righteous military operation,” FBI Director Kash Patel said in a post to social media.

A telephone number listed for Van Dyke in public records was not in service. There was not yet an attorney listed for him in court documents.

Polymarket, one of the largest prediction markets in the world, said it had found someone trading on classified government information, alerted the U.S. Department of Justice and “cooperated with their investigation.”

“Insider trading has no place on Polymarket,” the company said in a statement.

NASA is looking not to the stars but back to our planet for inspiration.