Peter Steinberger, the creator of OpenClaw and an engineer at OpenAI, racked up $1.3 million in API costs in a single month by running approximately 100 Codex instances simultaneously on his open-source project. The bill, which covered 603 billion tokens across 7.6 million requests over 30 days, is the most visible demonstration yet of what […]

SpaceX has raised the price of every consumer Starlink plan in the United States, adding $5 to $10 per month across its residential and mobile tiers while doubling the cost of its budget Standby Mode from $5 to $10. The increases, which took effect immediately for new subscribers and will apply to existing customers from […]

Meta will begin cutting approximately 8,000 jobs on 20 May, the largest single round of layoffs the company has undertaken since its 2023 restructuring, in a move that lays bare the scale of Mark Zuckerberg’s bet that artificial intelligence infrastructure is worth more than the people it replaces. The company is also cancelling 6,000 open […]

  Amazon has launched a feature that uses artificial intelligence to generate entire podcast episodes on demand. Called Alexa Podcasts, the tool allows users to ask Alexa+ to create a podcast on any topic, and the system will research the subject, produce a structured overview, and deliver it as an audio episode narrated by two […]

  New York City Health and Hospitals, the largest public healthcare system in the United States, has disclosed that hackers stole personal data, medical records, and biometric information, including fingerprints, in a breach affecting at least 1.8 million people. The organisation reported the figure to the US Department of Health and Human Services, making the […]

Elon Musk has lost his lawsuit against Sam Altman, Greg Brockman, OpenAI, and Microsoft. A nine-person jury in Oakland returned a unanimous verdict on Sunday finding that Musk’s claims had been filed too late under the statute of limitations, ending the most consequential corporate governance trial in the history of artificial intelligence without reaching the […]

HistoSonics has received regulatory approval from Taiwan’s Food and Drug Administration for its Edison Histotripsy System, a non-invasive cancer treatment device that uses focused ultrasound to destroy tumours without cutting, radiation, or thermal damage. The TFDA authorisation, announced on 18 May, marks a significant step in the company’s expansion into Asia and adds Taiwan to […]

  Sigma Computing has raised $80 million in Series E funding at a $3 billion valuation, doubling its worth in a year and positioning the San Francisco-based company as one of the most aggressively valued players in the business intelligence market. The round was led by Princeville Capital, with new strategic investors Databricks Ventures, ServiceNow […]

  Coursera has announced a $500 million share repurchase programme, its first buyback since going public in 2021 and one that arrives exactly one week after the online learning company completed its merger with Udemy. The board approved the programme on Sunday 18 May 2026, funding it from existing cash balances and cash flow from […]

The hackers exfiltrated a codebase that was already open source, then demanded payment to keep it from being released. Grafana said no, and cited the FBI’s standing advice. It is the second high-profile extortion case in seven days. Grafana Labs, the open-source monitoring and visualisation company, disclosed on Monday that hackers had broken into its […]