News & Updates
The latest news and updates from companies in the WLTH portfolio.
Everyone Wants to Buy the SpaceX IPO. I'm Going to Pass. | The Motley Fool
xAI is reportedly spending $1 billion a month playing catch-up as OpenAI, Anthropic, and Google continue to dominate. SpaceX recently filed for what could be the largest initial public offering (IPO) in history, targeting a massive valuation (rumored to potentially exceed $2 trillion) and a June listing. SpaceX CEO Elon Musk is reportedly structuring the offering to allocate up to 30% of the available shares for sale directly to retail investors -- three times the norm. The details behind this IPO have generated a whole lot of excitement. I get it, but I'm still going to pass on it when it finally occurs. To be sure, I think SpaceX has built something extraordinary -- perfecting reusable launch systems is truly incredible. And Starlink alone generated over $10 billion in revenue last year, helping bring the internet to underserved populations all over the globe. The company's $8 billion in EBITDA last year is certainly impressive. So is the $24 billion in revenue it's expected to earn in 2026. And the list of backers is a who's who of Silicon Valley: Alphabet, Sequoia Capital, and Andreessen Horowitz. Now, the obvious issue is valuation. A $2 trillion market capitalization means you would be paying more than 80 times forward revenue. That is a hefty premium, to put it lightly. But what really concerns me is the company's recent acquisition of xAI, and with it, X, the social media platform formerly known as Twitter. Neuralink and the Boring Company have been absorbed as well. The IPO bundles all of these businesses into one stock, and in my opinion, they're dead weight. X's revenue has fallen from $4.4 billion in 2022 to roughly $2.9 billion in 2025, though the steady bleed has reversed recently. The platform carries an enormous amount of debt from Musk's original $44 billion acquisition of Twitter. With $1.2 billion in annual interest payments, X is struggling to break even. Meanwhile, the latest numbers put xAI's annualized revenue at $500 million. That sounds impressive until you realize it's spending $1 billion a quarter to make that. Grok, the company's chatbot, seriously lags the offerings from OpenAI and Anthropic. All 11 of its co-founders have departed, and Musk himself said that it was "not built right." $1 billion in cash moving out the door every month is a big deal for SpaceX. Building rockets and launching satellites is an expensive business and requires a steady flow of capital. xAI will siphon off a huge portion of available funds for a return I'm not convinced will materialize. SpaceX is certainly an impressive business. But at this valuation, with xAI gobbling up cash for years to come, I'm going to pass. For me to consider jumping in, the stock would need to fall significantly. And it just might -- mega-IPOs have a history of underperforming initially.
Broadcom stock pops after the chip giant inks fresh AI deals with Google and Anthropic
The move: Broadcom stock jumped 4% on Tuesday, extending a week of gains. The chip maker has been battling high volatility since 2026 began and is currently down 7% year-to-date. Why: Broadcom's positive stock momentum on Tuesday can be attributed to two new deals. The company announced on Monday in an 8-K filing that it has entered into a long-term agreement with Google to develop custom Tensor Processing Units (TPUs), a type of AI chip designed to support machine learning workloads. On the same day, Anthropic announced that Broadcom will help supply TPU compute capacity for its increasingly popular Claude platform. Anthropic also revealed a similar deal with Google, signaling that it is maneuvering quickly to continue scaling as demand surges. "This groundbreaking partnership with Google and Broadcom is a continuation of our disciplined approach to scaling infrastructure," stated Anthropic CFO Krishna Rao. "We are building the capacity necessary to serve the exponential growth we have seen in our customer base while also enabling Claude to define the frontier of AI development." What it means: Broadcom isn't the only chip stock to be dented by waning excitement for the AI trade since 2026 began. Despite its strong year of growth, it has still struggled to keep pace with industry leaders such as Nvidia, with the stock down nearly 10% year to date. These recent developments bode well for its chances at a turnaround. Broadcom has managed to ink deals with two of Silicon Valley's biggest names, an industry leader like Google and a fast-growing firm like Anthropic.
Where Are Prediction Markets Legal? Polymarket, Kalshi, and Pariflow Availability by Country: By Artem Goryushin
Prediction markets let people trade on real-world outcomes such as elections, sports, crypto prices, interest-rate decisions, company news, macroeconomic data, and cultural events. But before choosing a platform, users usually ask a more practical question: where are prediction markets actually legal and available? The answer is not the same everywhere. Prediction-market access depends on the platform, the user's country or region, local financial and gambling laws, sanctions rules, identity verification, and the platform's own compliance policy. This guide compares three major prediction-market platforms: Polymarket, Kalshi, and Pariflow. Important note: This article is general information only. It is not legal, financial, tax, or investment advice. Platform rules can change quickly. Always review the latest official terms and local law before trading. Are Prediction Markets Legal Everywhere? No. Prediction markets are not treated the same way in every country. In some jurisdictions, they may be regulated as financial contracts, event contracts, swaps, gambling products, betting products, gaming products, or a separate category. In other jurisdictions, the legal framework may be unclear or still developing. The safest way to think about prediction-market access is platform by platform. A platform can be legal or regulated in one country, restricted in another, and available only in close-only mode in a third. A user may also be blocked because of sanctions, licensing scope, identity verification, age, residency, payment method, or local law. Where Is Polymarket Available? Polymarket publishes a geographic restrictions page for order placement. According to that page, orders submitted from blocked regions are rejected. Polymarket also provides a geoblock endpoint that builders can use to check whether an IP address is blocked before allowing users to trade. In practical terms, Polymarket availability should be read as follows: if a country or region is not on Polymarket's blocked or close-only list, order placement may be available, subject to all other terms and compliance checks. Polymarket does not present this as a single permanent list of every available country, so users should always verify directly with Polymarket before trading. Polymarket also states that Polymarket US is a separate CFTC-regulated Designated Contract Market operated by QCX LLC d/b/a Polymarket US, while the international Polymarket platform operates independently. Polymarket restricted countries and close-only countries According to Polymarket's geographic restrictions documentation, the following countries are blocked or close-only for order placement: Polymarket restricted regions Polymarket also lists specific restricted regions inside otherwise accessible countries: Examples of countries where Polymarket may be available Because Polymarket publishes restricted locations rather than a permanent master list of all allowed countries, availability is best understood as countries and regions that are not on the restricted list. Major examples that are not listed as fully blocked in the referenced Polymarket geoblocking page include: Argentina, Austria, Brazil, Chile, Colombia, Czech Republic, Denmark, Finland, Greece, India, Ireland, Japan, Malaysia, Mexico, New Zealand, Norway, Portugal, South Africa, South Korea, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, Vietnam, and Canada outside Ontario. Users should still confirm current access directly with Polymarket because the platform's geoblock checks, sanctions screening, and terms may change. Where Is Kalshi Available? Kalshi is a US CFTC-regulated Designated Contract Market. Kalshi's help center says users can trade from many countries outside the United States, subject to the Kalshi Member Agreement, identity verification, and country-of-residence checks during signup. Kalshi also publishes a country availability page stating that Kalshi is available in 143 countries and restricted in 52 jurisdictions. The page also notes that onchain predictions are not available in the United States. Kalshi restricted jurisdictions According to Kalshi's country availability page, the following jurisdictions are restricted: Afghanistan, Algeria, Angola, Australia, Belarus, Belgium, Bolivia, Bulgaria, Burkina Faso, Cameroon, Canada, Central African Republic, Cote d'Ivoire, Cuba, Democratic Republic of the Congo, Ethiopia, France, Haiti, Hungary, Iran, Iraq, Italy, Kenya, Laos, Lebanon, Libya, Mali, Monaco, Mozambique, Myanmar, Namibia, New Zealand, Nicaragua, Niger, North Korea, People's Republic of China, Poland, Russia, Singapore, Somalia, South Sudan, Sudan, Switzerland, Syria, Taiwan, Thailand, Ukraine, United Arab Emirates, United Kingdom, Venezuela, Yemen, and Zimbabwe. Examples of countries where Kalshi may be available Kalshi says it is available in 143 countries. Based on the published restricted list, major examples of countries that are not listed as restricted include: United States, Germany, Spain, Portugal, Netherlands, Ireland, Austria, Denmark, Sweden, Norway, Finland, Greece, Czech Republic, Romania, Brazil, Mexico, Argentina, Chile, Colombia, Peru, India, Japan, South Korea, Malaysia, Indonesia, Philippines, Vietnam, Turkey, Israel, Saudi Arabia, South Africa, Egypt, Nigeria is not shown as restricted on the Kalshi availability page, Morocco, Ghana, Tanzania, Uruguay, Paraguay, Costa Rica, Dominican Republic, and many others. Kalshi eligibility still depends on account verification, country of residence, payment method, and the latest Member Agreement. International users may have different deposit and withdrawal options than US users. Kalshi's help center says international users may have access to debit card, wire transfer, and cryptocurrency options depending on their region, while ACH, PayPal, and Venmo are not available for international users. Where Is Pariflow Available? Pariflow is designed as a global prediction-market interface and market discovery layer. It helps users follow prediction markets and compare opportunities across major platforms and Pariflow-native markets. Pariflow's terms state that users must be at least 18 years old or the age of majority in their jurisdiction, whichever is higher. The terms also say users are responsible for determining whether their use is lawful where they are located, and that access may be restricted or prohibited based on law, regulation, sanctions, licensing scope, or Pariflow policy. In practical terms, Pariflow is built for broad international access, but users still need to comply with local law, identity verification, sanctions controls, and any platform-specific restrictions. Pariflow country access links Use the regional links below to access Pariflow from major Tier 1 and Tier 2 markets: Polymarket vs Kalshi vs Pariflow: Which Platform Fits Which User? Polymarket is often attractive to users who want deep crypto-native prediction-market liquidity and a broad set of fast-moving markets. Its main limitation is that international Polymarket order placement is restricted in several major countries, including the United States, United Kingdom, Germany, France, Australia, Belgium, Italy, and the Netherlands, plus additional sanctioned or compliance-sensitive jurisdictions. Kalshi is the clearest regulated US event-contract exchange. It can be useful for users who want a regulated exchange structure and are eligible under the Kalshi Member Agreement. Its limitation is that it has a published list of restricted jurisdictions, including Canada, United Kingdom, France, Australia, Italy, Singapore, Switzerland, New Zealand, and others. Pariflow is useful for users who want a broader prediction-market interface, market discovery, and visibility into where activity is happening across prediction-market platforms. It is designed for broad access, while still requiring users to follow eligibility rules, verification requirements, sanctions controls, and local law. Final Takeaway Prediction markets are not available under one universal global rule. A country can be open on one platform, restricted on another, and subject to additional identity or payment limitations on a third. For Polymarket, start with the official geoblocking list. For Kalshi, start with the country availability page and Member Agreement. For Pariflow, check the platform terms and your local eligibility requirements. If your goal is to monitor prediction-market activity across major platforms, Pariflow can be a practical starting point because it is built around market discovery, prediction-market flow, and broad geographic access.
'Dystopian Death Market': Polymarket Under Fire Over Bets on Rescue of Downed US F-15 Crew in Iran
Online betting crosses a moral line as real lives become stakes in a global crisis. Polymarket has come under intense global scrutiny after users were allowed to place bets on the fate of US Air Force crew members following a reported jet incident in Iran. Massachusetts Democratic representative Seth Moulton condemned the wagers on social media platform X, calling them 'disgusting.' The controversial betting market platform is now facing mounting criticism for hosting bets tied to whether the pilots would be rescued, captured or killed. What started as a niche feature has quickly escalated into a wider debate about how far online platforms should go when real lives are involved. As tensions around the incident remain high, the backlash has spread beyond social media, with increasing calls for accountability and stricter oversight. What once seemed like a niche prediction online market has become a focal point for deeper ethical concerns in the digital age. The controversy centres on wagers linked to a reported US F-15E Strike Eagle jet downed in Iran on Friday. Although Donald Trump said one pilot was rescued within seven hours, with another recovered after midnight on Sunday, Polymarket users reportedly placed bets on the timing of those rescues, with most predicting a Saturday outcome. According to The Guardian, users were able to bet on a range of outcomes, including rescue or death, prompting Congressman Seth Moulton to describe the platform as a 'dystopian death market.' The report showed how quickly the wagers gained attention, drawing both support and criticism. In his post, Moulton said the idea of betting on whether the crew would survive was 'disgusting.' Polymarket responded soon after, saying the market had been taken down because it did not meet its integrity standards and that an investigation was under way. The incident itself remains sensitive, with the US Department of Defense yet to release full details. As criticism grew louder, Polymarket moved to remove the markets tied to the incident. The company took down wagers related to the rescue of the downed Air Force officers after users and commentators flagged them as inappropriate, TechCrunch reported. The decision came under pressure, as more people questioned whether such listings should have been allowed in the first place. Polymarket has built its name on predicting outcomes across politics, finance and global events. This case, however, exposed the limits of that model when applied to unfolding human crises. Some users defended the idea, arguing that prediction markets reflect public sentiment. Others said the line had clearly been crossed once the bets directly involved life and death scenarios. Polymarket later issued an apology, acknowledging that the market should never have been approved and allowed, NBC News reported. The company said it is reviewing its policies to prevent similar situations in the future. It admitted that the listing fell short of its standards, a rare public admission for a platform that often operates in regulatory grey areas. Even so, the apology has done little to ease concern. Critics argue the damage is already done, pointing to gaps in oversight and judgement. The backlash has also caught the attention of policymakers, with some calling for clearer rules on online betting platforms, especially those tied to real-world events. Prediction platforms like Polymarket depend on uncertainty, but this episode shows how quickly that can slip into uncomfortable territory. When real people become the subject of speculation, the line between information and exploitation begins to blur. For the families involved, the stakes are not abstract. Each development carries real emotional weight, far removed from the detached calculations of online bettors.
An AI company with an arsenal of spacecraft: what exactly is SpaceX?
Elon Musk's company filed confidentially for an IPO last week - but SpaceX itself is a bizarre agglomeration Hello, and welcome to TechScape. I'm your host, Blake Montgomery, US tech editor at the Guardian, writing to you as I listen to George Handel's Messiah for Easter. SpaceX filed confidentially for an initial public offering on the US stock market last week at a reportedly astronomical valuation. My colleague Nick Robins-Early reports: Elon Musk's company, which has become a dominant power in both space travel and satellite communications, could seek a valuation upwards of $1.75tn. The confidential filing will give regulators a period to review and discuss the company's financial disclosures before investors and the public are able to view them. The IPO could take place as early as June, Bloomberg reported, in what is expected to be a banner year for high-value public offerings. Musk's rival OpenAI is also planning to go public later this year at an immense valuation, announcing on Tuesday that it had closed a funding round of $122bn, in addition to fellow AI firm Anthropic preparing its own IPO. SpaceX is the parent company of Musk's own artificial intelligence company, xAI. With the IPO filing, Musk has paved a second path to becoming the world's first trillionaire. His estimated 43% stake in SpaceX has become his largest asset, according to Forbes. His struggling car company Tesla, which he says is moving on from automobiles to become a robotics company that will automate all labor, agreed to pay him $1tn last year. Shareholders in Tesla voted in November to approve a pay package that would amount to $1tn if Musk guides the company to major success in the coming 10 years. SpaceX is a bizarre agglomeration. It is the aerospace company SpaceX, the US space agency's largest contractor for interstellar launches and the maker of some of the most advanced rockets on the planet. It is also the satellite internet company Starlink, which owns and operates just over half of all satellites orbiting earth and which sells internet service that has become a vital product on passenger flights, in rural areas, and in war. It is also the artificial intelligence company xAI, which makes the Grok chatbot, most famous for removing the clothes of real women and girls in images by the thousands, neo-Nazily declaring itself "MechaHitler," and winning a $200m contract with the US military. xAI, meanwhile, owns X, formerly Twitter, one of the world's best-known and least-profitable social networks, notable for brevity, political influence, harassment and hate speech, and overheated discourse. If you were to describe SpaceX to an alien that crashed into one of its satellites, you could say that SpaceX is an online advertising company that launches rockets and might one day make datacenters in space. You could say it is an AI company with an arsenal of spacecraft, led by the richest man in the world, or that it is a satellite company with a psychotic chatbot, helmed by a founder who fired hundreds of thousands of US government workers in six months. You could say that the US president used SpaceX's website to incite an insurrection and announce he had Covid. Somehow that jumble of things makes sense to investors and bankers, who have valued SpaceX at $1.75tn. SpaceX will be obligated to file paperwork in the coming months that details how all these pieces fit together, forms meant to convince regulators and investors alike that there are no Jenga blocks missing. This filing with the US Securities and Exchange Commission, known as an S-1, will include a prospectus, audited financial statements, and forecasts of business risks. In their S-1 filings, companies describe their business models and strategies in detail. SpaceX will give details on the wild stack of businesses that comprise it and will need to explain how they fit together. The rationale for its recent acquisition of xAI may provide a clue. Via Nick: SpaceX acquired Musk's xAI in February - citing plans to build solar-powered datacenters in space that could help meet the computer and energy demands of the AI boom. Companies must also hand over their balance sheets to accountants to complete audited financial statements. We will soon learn just much money SpaceX earns, and from what pillars of its bizarre business. The two largest are likely to be its launch contracts with Nasa and subscriptions to Starlink's internet service, which are themselves facilitated by the rocket business. Outer space is a promising, but untested, frontier in the global - perhaps soon interstellar - rollout of datacenters. They are theoretically possible, and in active development, but a guaranteed business opportunity they are not. On the opposite end of the spectrum of AI use from Silicon Valley are artistic professions, where accusations of using AI as a shortcut can ruin a career. Audiences expect authenticity, originality, and accuracy -- three qualities generative AI tools have great difficulty replicating. Readers of novels and newspapers see using a chatbot's words as severing a bond of trust. Two writers faced major backlash in recent weeks for their use of AI; one lost a book deal, another a plum job. The publisher Hachette scuttled the release of a horror novel, Shy Girl, after speculation of AI use prompted an internal review that confirmed it. The book, Shy Girl by Mia Ballard, had been scheduled for release in the US this spring under Hachette's Orbit imprint. However, the publisher confirmed it had halted publication after an internal review. The decision comes after weeks of online speculation about the novel's origins, during which readers on platforms such as Goodreads and Reddit had questioned whether sections of the text bore hallmarks of AI-generated prose. Ballard has denied personally using AI to write the novel. In comments to the New York Times, she said an acquaintance she had hired to work on an earlier self-published version incorporated AI tools. "This controversy has changed my life in many ways and my mental health is at an all time low and my name is ruined for something I didn't even personally do," she wrote in an email to the New York Times. Read more: Hachette pulls horror novel Shy Girl after suspected AI use A European journalist failed to fact-check the quotes a chatbot had retrieved for him, a mistake he had publicly advised others not to make. The publisher of the Dutch newspaper De Telegraaf and the Irish Independent has suspended one of its senior journalists after he admitted using AI to "wrongly put words into people's mouths". The experienced journalist said he had summarised reports using AI tools such as ChatGPT, Perplexity and Google's NotebookLM, and not checked whether the quotes from those summaries were accurate. He subsequently published them in his Substack newsletter. The errors were highlighted by an investigation by one of Mediahuis's own titles, NRC, where [Peter] Vandermeersch had been editor-in-chief in the 2010s. NRC alleged Vandermeersch had published "dozens" of quotes that were false and that seven quoted individuals in his posts said they had not made the statements attributed to them.
BofA reiterates Broadcom stock rating on Google, Anthropic deals By Investing.com
Investing.com - BofA Securities reiterated a Buy rating and $450.00 price target on Broadcom Limited (NASDAQ:AVGO) following the company's announcement of two separate TPU supply agreements. The target suggests significant upside potential, aligning with InvestingPro analysis indicating the stock is currently undervalued based on its Fair Value assessment. Broadcom announced a five-year TPU design and supply agreement with Google (NASDAQ:GOOGL) for next-generation AI racks and a 3.5 GW TPU capacity agreement with Anthropic beginning in 2027. BofA Securities analyst Vivek Arya said the announcements increase Broadcom's visibility as a longer-term design partner for TPU. The firm said custom ASIC programs generally provide stronger and longer visibility into customer deployment programs. BofA Securities said Broadcom is positioned to gain accelerator share in 2026 and 2027, moving from less than 10% in 2025 toward approximately 15% or higher. The agreements follow prior expansions with OpenAI ranging from 1-10 GW. BofA Securities said the deals remove some prior stock overhang related to Google's intent to insource or diversify with MediaTek. BofA Securities said Broadcom's valuation remains at approximately 18 times 2027 price-to-earnings including stock-based compensation. The firm said it continues to see more than $30 earnings per share potential by 2030 as Broadcom's custom ASIC programs provide multi-year visibility. The optimistic outlook is supported by strong fundamentals, with the company posting a 25% revenue growth rate and maintaining an impressive 77% gross profit margin. According to InvestingPro Tips, 35 analysts have revised their earnings upwards for the upcoming period, reinforcing confidence in the semiconductor giant's trajectory. In other recent news, Broadcom Inc. announced a significant long-term agreement with Google to develop and supply custom Tensor Processing Units (TPUs) for Google's future AI needs, extending through 2031. This deal includes a supply assurance agreement for networking and other components for Google's next-generation AI racks. Additionally, Broadcom has expanded its strategic collaboration with Google and Anthropic PBC, enabling Anthropic to access 3.5 gigawatts of next-generation TPU-based AI compute capacity starting in 2027. These developments highlight Broadcom's strengthening position in the AI chip market. Analysts have reacted to these announcements, with Rosenblatt and Jefferies both reiterating a Buy rating and setting a $500 price target for Broadcom, emphasizing the importance of the Google deal in solidifying Broadcom's role as a primary TPU supplier. D.A. Davidson maintained a Neutral rating with a $375 price target, reflecting a more cautious stance. In other company news, Broadcom announced a planned transition in its chief financial officer position. Kirsten M. Spears will retire as CFO in June 2026, with Amie Thuener set to succeed her, beginning her role in May 2026. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.
Chaos at Dock Workers Union as Ousted Leaders Reject 'Illegal Takeover' Claims
The crisis has split the union into two camps -- one backing ousted Secretary General Simon Sang, and another rallying behind Sulman Owuor, who has declared himself the new Secretary General. MOMBASA, Kenya Apr 7 - The Dock Workers Union of Kenya (DWU) is facing an escalating leadership standoff after two rival factions emerged, each claiming legitimate control of the union following a contested series of court rulings, internal meetings, and disputed leadership changes. The crisis has split the union into two camps -- one backing ousted Secretary General Simon Sang, and another rallying behind Sulman Owuor, who has declared himself the new Secretary General following a controversial weekend meeting. The Owuor-led group insists it is acting within the law, pointing to a February 26 ruling by the Employment and Labour Relations Court in Mombasa that reinstated Owuor and four other officials previously removed from office. Following their reinstatement, the group convened a meeting at Mbaraki Sports Club on Saturday, where they announced sweeping leadership changes, including the election of Owuor as Secretary General. The meeting also saw Amin Iloti named National Chairperson, Kibibi Omeri appointed National Treasurer, Maskat Salim made Vice Treasurer, and Mejumaa Chirau assigned Chairperson of the Gender Committee. Other appointments included Bernadette Bahati Musyoki as Assistant General Secretary, Ruwa Mpate as Assistant Chairperson, and Granton Patrick and Darlene Ongwena as representatives for male and female young workers. Owuor's allies maintain that their actions reflect the court's reinstatement order and correct previous leadership irregularities. The opposing camp, aligned to Simon Sang, has dismissed the developments as unconstitutional, accusing Owuor's group of attempting an illegal takeover of the union leadership. DWU Assistant Chairperson Bula Kaneno said the Saturday meeting did not meet constitutional requirements, arguing that members were not properly notified. "According to our constitution, a special meeting requires a 14-day notice. There was no circular issued -- only a WhatsApp message," Kaneno said. He maintained that the union leadership remains unchanged until elections scheduled for June 25, 2026. Rashid Mwagasare, acting Assistant Secretary General, also rejected the meeting, calling it illegitimate and warning against attempts to bypass agreed electoral timelines. "We agreed on elections in June. What happened was not an election but a kangaroo meeting," he said. The Sang-aligned faction has written to the Registrar of Trade Unions, the Labour Commissioner, and the Kenya Ports Authority, urging them not to recognize the new leadership claims. The leadership battle has been accompanied by fresh accusations over alleged misuse of union funds. Chief Shop Steward Justin Ngure claimed that immediately after their reinstatement, Owuor's team altered bank signatories and began making withdrawals without member approval. He alleged that Sh1.2 million was withdrawn on March 3 as court-ordered payments, followed by Sh185,000 without explanation, and a further Sh80,000 on March 9. Ngure said the transactions were not communicated to members and demanded accountability over union finances. At the center of the dispute is a February 26 judgment by the Employment and Labour Relations Court, which found serious governance and financial irregularities within the union. The court determined that Simon Sang had mismanaged union affairs, violated the constitution, and improperly used statutory processes to effect leadership changes, including filing Form Q without following due procedure. Justice M. Mbaru ordered the reinstatement of suspended officials and directed that the union leadership revert to its position as of December 13, 2024. The court also ordered a comprehensive forensic audit of the union's accounts over the past three years, to be conducted under the supervision of the Registrar of Trade Unions, with a report expected within 30 days. With both factions claiming authority, mounting allegations of financial mismanagement, and legal orders still being interpreted differently, the Dock Workers Union now faces an uncertain leadership future. As preparations for the June 25, 2026 elections continue on paper, the union remains deeply divided, with each side insisting it is the rightful custodian of DWU leadership.
Polymarket Grabs 97% of Onchain Prediction Market Fees After Overhaul
Polymarket has become one of decentralized finance's highest fee-generating protocols, pulling in about $7.1 million in fees in the first week of the second quarter. Polymarket has become one of decentralized finance's most profitable protocols after a pricing overhaul, generating about $7.1 million in fees in the first week of the second quarter, according to new data. That pace implies an annualized run rate of roughly $365 million if sustained, placing the onchain prediction platform among the industry's top fee generators and giving it nearly all of the sector's revenue, at 96.8% of onchain prediction market fees. The gains follow a March 30 pricing change that pushed daily fees to around $1 million, a level that has largely held as trading activity remains elevated, data from DeFiLlama shows, and make Polymarket the eighth-largest DeFi protocol by fees, along with stablecoin issuers Circle (USDC) and Tether (USDT) and decentralized derivatives exchange Hyperliquid. Onchain metrics also show Polymarket's footprint beyond fees. Total value locked on the platform was over $432 million on Tuesday, according to DeFiLlama data, close to its November 2024 US election high of around $510 million, as its share of onchain prediction market revenue rises. Polymarket's fee engine has started to attract more mainstream partners. Intercontinental Exchange, the owner of the New York Stock Exchange, deepened its bet on Polymarket on March 27, completing a $600 million cash investment as part of a broader $2 billion commitment that will see ICE distribute the platform's event-driven data to institutional clients. Related: Iran war bets turn prediction markets into real-time macro radar: Sygnum At the infrastructure level, Polymarket announced Monday that it is replacing its bridged USDC.e collateral on Polygon with a new 1:1 USDC-backed token called Polymarket USD, which will take over as trading collateral as part of the platform's April exchange upgrade, as it continues to spin up highly-traded markets on the US-Iran conflict, oil, inflation and equities indices. Despite its growing revenue, regulation remains a risk. Prediction markets continue to face pushback from some US states and gambling regulators elsewhere, including recent moves by Hungary and Portugal to order local blocking, and Argentina issuing a countrywide block on Polymarket, arguing that the platform operates as an unlicensed gambling site.
Anthropic Hits $30 Billion Run Rate as Enterprise Demand and Compute Deals Reshape AI Race - Blockonomi
Claude is now the only frontier AI model available across AWS Bedrock, Google Cloud Vertex AI, and Microsoft Azure Foundry. Anthropic's annualized revenue has crossed $30 billion in early April 2026, marking a dramatic acceleration from just $9 billion at the end of 2025. The AI company has also secured a landmark compute agreement with Google and Broadcom for multiple gigawatts of next-generation TPU capacity. Enterprise adoption of Claude has doubled in under two months. The company is now positioned as a critical infrastructure provider for some of the world's largest corporations. Anthropic's revenue growth has followed a nearly vertical trajectory over the past year. The company reported roughly $1 billion in annualized revenue in late 2024. That figure climbed to $9 billion by year-end 2025, then jumped to $14 billion just two months ago. Today, the run rate stands above $30 billion before the second quarter has even begun. Earlier internal forecasts projected $18 billion for all of 2026, a target the company has already surpassed as a run rate. When Anthropic closed its Series G round in February at a $380 billion valuation, it reported 500 business customers each spending over $1 million annually. That number has since doubled to more than 1,000 enterprise customers at the same spending threshold. Eight of the Fortune 10 companies are currently running critical workloads on Claude. That level of penetration among the world's most powerful corporations reflects growing institutional trust in the platform. Anthropic announced a new agreement with Google and Broadcom for multiple gigawatts of next-generation TPU capacity expected online starting in 2027. The company published a statement noting the deal represents its most substantial compute commitment to date. Anthropic trains and runs Claude across AWS Trainium chips via Project Rainier, Google TPUs manufactured by Broadcom, and NVIDIA GPUs across multiple data centers. Claude is currently the only frontier AI model available on all three of the largest cloud platforms -- Amazon Web Services Bedrock, Google Cloud Vertex AI, and Microsoft Azure Foundry. This multi-chip approach allows Anthropic to match workloads to the most suitable hardware, reducing bottlenecks and improving resilience. The strategy also protects against supply chain disruptions that have affected other AI providers. Back in December, Broadcom's CEO revealed that a mystery customer had placed a $10 billion custom chip order, later disclosed to be Anthropic. That was followed almost immediately by another $11 billion order in the same quarter. Broadcom CEO Hock Tan has since projected close to $100 billion in AI chip revenue for 2027, with Anthropic cited as a primary driver. Anthropic's internal forecast for 2027 had called for $55 billion in annual revenue. Given the current growth rate, that projection no longer appears far-fetched.
Broadcom stock pops after the chip giant inks fresh AI deals with Google and Anthropic
The move: Broadcom stock jumped 4% on Tuesday, extending a week of gains. The chip maker has been battling high volatility since 2026 began and is currently down 7% year-to-date. Why: Broadcom's positive stock momentum on Tuesday can be attributed to two new deals. The company announced on Monday in an 8-K filing that it has entered into a long-term agreement with Google to develop custom Tensor Processing Units (TPUs), a type of AI chip designed to support machine learning workloads. On the same day, Anthropic announced that Broadcom will help supply TPU compute capacity for its increasingly popular Claude platform. Anthropic also revealed a similar deal with Google, signaling that it is maneuvering quickly to continue scaling as demand surges. "This groundbreaking partnership with Google and Broadcom is a continuation of our disciplined approach to scaling infrastructure," stated Anthropic CFO Krishna Rao. "We are building the capacity necessary to serve the exponential growth we have seen in our customer base while also enabling Claude to define the frontier of AI development." What it means: Broadcom isn't the only chip stock to be dented by waning excitement for the AI trade since 2026 began. Despite its strong year of growth, it has still struggled to keep pace with industry leaders such as Nvidia, with the stock down nearly 10% year to date. These recent developments bode well for its chances at a turnaround. Broadcom has managed to ink deals with two of Silicon Valley's biggest names, an industry leader like Google and a fast-growing firm like Anthropic.
News of Starlink Satellites - SpaceX's Falcon 9 Launches from California
SpaceX launches Falcon 9 from California deploying Starlink satellites into low Earth orbit. It is aimed to increase the global high-speed internet coverage capabilities. SpaceX's latest launch update is one more batch of its Starlink internet satellites. The satellite is fixed in low-earth orbit. The events take place from Vandenberg Space Force Base. The SpaceX Falcon 9 rocket launch is taking place on Monday, April 6, 2026. The company set up 27 Starlink satellites from its Falcon 9 rocket just after sunset. The mission is completely based on sending 25 Starlink satellites. It is moved directly into low-Earth orbit from Space Launch Complex 4 East. Earlier rockets launched from SpaceX were observed by several flying across Southern California skies. Starlink satellite deployment is planned as per the schedule on Monday at 7:49 p.m. PT. The launch was originally planned for Sunday evening. Possible Delays: Rocket launches can sometimes be delayed by a few minutes or to a future date due to different factors. It can be changes in the weather or any unforeseen issue with the rocket. It is the 10th flight for the first stage shot supporting this mission, SpaceX said. The company implies that following the stage separation. The initial stage will land on the "Of Course I Still Love You" drone ship. It will be rightly placed in the Pacific Ocean. SpaceX also provides information that Falcon 9 is an easy-to-use, two-stage rocket designed and manufactured by SpaceX. It is about the reliable and secure transport of people and payloads into Earth orbit and beyond." It is considered the world's first orbital-class reusable rocket. According to the service's website, 'Starlink is one of the world's first and largest satellite constellations using a low Earth orbit to deliver broadband internet capable of supporting streaming, online gaming, video calls and more.
SpaceX: How to buy before the IPO
It's possible to get in on SpaceX (SPAX.PVT) before its initial public offering (IPO), but there are risks, trade-offs, and heavy fees. The upcoming SpaceX IPO could happen as early as this June, with a potentially massive 30% retail allocation, with underwriters of major trading platforms providing retail investors with allocations post-IPO. But for those who want in a little sooner, it's a little complicated. The most direct route to SpaceX stock before an IPO is through a private secondary market. These are transactions in which existing shareholders -- employees, early investors, or former contractors -- sell their vested stock to new buyers. SpaceX does not issue new shares in these deals; investors buy from existing shareholders. It's been quite a popular option in recent months. "SpaceX is consistently one of the most actively traded names on our platform because there's nothing else like it in the private markets today," Greg Martin of Rainmaker Securities, which specializes in the secondary markets, told Yahoo Finance. "You've got a highly defensible, massive operating scale business, a multitude of major TAM [total addressable market] expansion opportunities, with a continuously evolving story." Added Martin, "Demand has also almost always outpaced supply, and that's been true even during periods where broader secondary market activity has been more muted." Shares purchased on secondary markets are typically subject to a lockup period after an IPO -- usually 90 to 180 days -- during which you cannot sell. This is a standard limitation designed to prevent a flood of supply hitting the market immediately after listing. Once the lockup expires, shares convert to tradable stock, and owners can sell, hold, or transfer them like any other public company share. To participate in private markets, individuals must qualify as accredited investors -- meaning they must have income above $200,000 per year (or $300,000 combined with a spouse) for at least two consecutive years or a net worth exceeding $1 million, excluding a primary residence. Investment minimums are steep: Most platforms require at least $50,000 to $100,000 per transaction. Aside from Rainmaker, other secondary platforms of note include EquityZen, Forge Global, and Hiive. (Disclosure: Yahoo Finance's Private Market Hub has a partnership with Forge Global and EquityZen.) Hiive is a newer entrant with real-time pricing data. As of April 2026, Hiive lists SpaceX shares at around $832 per share. Even Nasdaq, which will most likely list SpaceX stock once it goes public, has its Private Market offering. Nasdaq says it primarily serves institutional and high-net-worth investors, and it tends to facilitate larger block transactions directly from insiders and funds.
Anthropic pens multi-gigawatt TPU deal with Google and Broadcom as Claude demand picks up
The frontier model maker is looking to greatly expand its compute infrastructure to meet surging customer demand Anthropic has announced a major expansion of its partnership with Google and Broadcom, which will see it rely more heavily on Google's tensor processing unit (TPU) chips to meet computational demand. The frontier lab announced it has signed an agreement to use "multiple gigawatts of next-generation TPU capacity", which would come online from 2027 onwards. It's unclear whether the specific TPU models deployed as part of the deal will be TPU v7 Ironwood, announced at Google Cloud Next 2025, or an unspecified future model. ITPro contacted Anthropic for clarification but did not receive a reply at time of publication. The deal will see Anthropic make use of a further 3.5 GW of TPU compute capacity, per CNBC reporting. In its announcement, the firm explained the "vast majority" of this would be physically sited in the US. Anthropic uses a mix of TPUs, Amazon Trainium chips, and Nvidia GPUs to fulfil its training and inference requirements. Amazon is still its primary training partner and cloud provider, with the firms having worked together on the million-chip Project Rainier cluster throughout 2025. In October 2025, it had announced plans to expand its TPU footprint by up to one million chips throughout 2026, the equivalent of over a gigawatt of compute capacity. Google says its TPUs, which Broadcom co-designs and Taiwan Semiconductor Manufacturing Company (TSMC) manufactures, offer highly competitive teraflops per watt compared to competing chips. Unlike generalist GPUs, TPUs are application-specific integrated circuits (ASICs) that were designed specifically with machine learning and AI in mind. "This groundbreaking partnership with Google and Broadcom is a continuation of our disciplined approach to scaling infrastructure: we are building the capacity necessary to serve the exponential growth we have seen in our customer base while also enabling Claude to define the frontier of AI development," said Krishna Rao, CFO of Anthropic. "We are making our most significant compute commitment to date to keep pace with our unprecedented growth." Like its competitor OpenAI, Anthropic is looking to rapidly expand its compute capacity to meet rising customer inference demand driven by its popular tools such as Claude Code, Claude Cowork, and agentic tool use within cloud platforms like AWS Bedrock and Google Vertex AI. In recent weeks, Anthropic announced new session limits for free, Pro, and Max subs for all weekday Claude use from 1pm to 7pm GMT. The move prompted criticism from users on platforms such as Reddit, with some reporting hitting rate limits within 30-35 minutes of vibe coding with Claude Code. On 4 April, Anthropic removed allowances for third-party harnesses from the standard Claude subscription, effectively locking popular tools like OpenClaw behind a paywall. In the same announcement as the new compute deal, Anthropic announced its run-rate revenue has surpassed $30 billion, up from $9 billion at the end of 2025. The firm added that over 1,000 business customers now spend more than $1 million on Anthropic annually. Per reporting from Forbes, Anthropic reports its revenue as a gross figure, inclusive of revenue accrued from hyperscaler customers accessing its models. This results in a higher top-line revenue figure, as it doesn't include the cut Google Cloud and AWS take each time a user pays for Claude access via their platform. ITPro asked for clarification on the precise way in which Anthropic calculates its revenue and if the $30 billion figure excludes hyperscaler revenue sharing, but did not receive a reply by the time of publication.
Anthropic's next model could be a 'watershed moment' for cybersecurity. Experts say that could also be a concern - Egypt Independent
The next wave of AI-powered cybersecurity attacks will be like nothing we've seen before. That's the message AI company Anthropic sent in a leaked blog post last week, in which it warned that its upcoming AI model, called Mythos, and others like it can exploit vulnerabilities at an unprecedented pace. And it's not the only one: OpenAI warned in December that its upcoming models posed a "high" cybersecurity risk. Experts have already said AI can amplify existing dangers and rapidly generate new software hacks. But the rise of AI agents, or AI assistants that can carry out tasks autonomously, takes that risk to another level, some experts warn. A single AI agent could scan for vulnerabilities and potentially take advantage of them faster and more persistently than hundreds of human hackers. "The agentic attackers are coming," said Shlomo Kramer, founder and CEO of cybersecurity and networking company Cato Networks. "This is a watershed event in the history of cybersecurity." Details about Mythos leaked in an unpublished blog post first reported on by Fortune. Anthropic did not respond to CNN's request for comment. But the company told Fortune the leak was a result of human error within its content management system. "Although Mythos is currently far ahead of any other AI model in cyber capabilities, it presages an upcoming wave of models that can exploit vulnerabilities in ways that far outpace the efforts of defenders," Anthropic said in the draft. The company is letting certain organizations test the model ahead of time to improve their systems "against the impending wave of AI-driven exploits," it said. Anthropic is also privately warning government officials about the potential for large-scale cyberattacks enabled by Mythos, according to Axios. But every lab's next model will pose increasingly severe cybersecurity threats, Kramer told CNN. "Behind Mythos is the next OpenAI model, and the next Google Gemini, and a few months behind them are the open-source Chinese models," he said. AI is making it possible to exploit vulnerabilities almost immediately after discovering them, said Evan Peña, chief offensive security officer at cybersecurity firm Armadin. But there are still limits to what the models can do, according to Peña. Advanced AI models are good for researching software vulnerabilities and developing code to exploit them. But they lack the context a human hacker would have on what an organization's most valuable information to steal is, Peña said. There will always be room for humans in a cyberattack using AI, said Joe Lin, co-founder and CEO of Twenty, a firm that sells offensive cyber capabilities to the US government. "We must ensure we are building weapons systems where humans remain firmly in control of decisions and outcomes, because while the machine handles the execution, the human must always own the consequences," he said. An example of how AI has made relatively unskilled hackers more dangerous came in January, when a Russian-speaking cybercriminal used multiple AI tools to hack over 600 devices running a popular firewall software in more than 55 countries, according to Amazon Web Services' security research team. The hacker used generative AI services to "implement and scale well-known attack techniques throughout every phase of their operations, despite their limited technical capabilities," AWS said. The hacker used Anthropic's Claude model as well as Chinese-made DeepSeek in the attack, according to Eyal Sela, director of threat intelligence at Gambit Security. At one point, the hacker asked Claude in Russian to create a web panel for managing hundreds of the hackers' targets, according to chat logs the hacker had with AI models that Sela shared with CNN. AI gives hackers of varying skill "superpowers" by simplifying the technical knowledge required to exploit systems, according to Sela. In February a hacker used Claude in a series of attacks against Mexican government agencies, stealing sensitive tax and voter information, Bloomberg reported. China and other US adversaries are "hunting for any edge to improve the performance of their homegrown AI," said Lin. That means potentially mining any leaks of US AI models to try to "supercharge their own cyber weapons systems," he said. AI advancements in cybersecurity are a double-edged sword: Attackers can use AI models and agents to boost their abilities, while those same capabilities enable continuous monitoring, faster threat identification, and automated patching at a scale no human team could match. But the attackers only need to find one way in, while defenders have to cover every surface. Kramer described it as building an "army of good guys" to "fight the army of bad guys" just to hold the line. "You need to run as fast as you can in order to stay in the same place," he said.
SpaceX: How to buy before the IPO
It's possible to get in on SpaceX (SPAX.PVT) before its initial public offering (IPO), but there are risks, trade-offs, and heavy fees. The upcoming SpaceX IPO could happen as early as this June, with a potentially massive 30% retail allocation, with underwriters of major trading platforms providing retail investors with allocations post-IPO. But for those who want in a little sooner, it's a little complicated. The most direct route to SpaceX stock before an IPO is through a private secondary market. These are transactions in which existing shareholders -- employees, early investors, or former contractors -- sell their vested stock to new buyers. SpaceX does not issue new shares in these deals; investors buy from existing shareholders. It's been quite a popular option in recent months. "SpaceX is consistently one of the most actively traded names on our platform because there's nothing else like it in the private markets today," Greg Martin of Rainmaker Securities, which specializes in the secondary markets, told Yahoo Finance. "You've got a highly defensible, massive operating scale business, a multitude of major TAM [total addressable market] expansion opportunities, with a continuously evolving story." Added Martin, "Demand has also almost always outpaced supply, and that's been true even during periods where broader secondary market activity has been more muted." Shares purchased on secondary markets are typically subject to a lockup period after an IPO -- usually 90 to 180 days -- during which you cannot sell. This is a standard limitation designed to prevent a flood of supply hitting the market immediately after listing. Once the lockup expires, shares convert to tradable stock, and owners can sell, hold, or transfer them like any other public company share. To participate in private markets, individuals must qualify as accredited investors -- meaning they must have income above $200,000 per year (or $300,000 combined with a spouse) for at least two consecutive years or a net worth exceeding $1 million, excluding a primary residence. Investment minimums are steep: Most platforms require at least $50,000 to $100,000 per transaction. Aside from Rainmaker, other secondary platforms of note include EquityZen, Forge Global, and Hiive. (Disclosure: Yahoo Finance's Private Market Hub has a partnership with Forge Global and EquityZen.) Hiive is a newer entrant with real-time pricing data. As of April 2026, Hiive lists SpaceX shares at around $832 per share. Even Nasdaq, which will most likely list SpaceX stock once it goes public, has its Private Market offering. Nasdaq says it primarily serves institutional and high-net-worth investors, and it tends to facilitate larger block transactions directly from insiders and funds.
Amazon-Backed Anthropic Plans $200 Million Investment in AI Consulting Venture With Private Equity Firms
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Intel says it will join Elon Musk's Terafab AI chip complex project along with SpaceX, Tesla, and xAI
Frank / @frank_liquid: Meta is one third of Anthropic revenue? 60T tokens / mo = $900M / mo = $10B ARR for Anthropic 🤯? This is also the largest enterprise contract in history. [image] How is tokenmaxxing a measure of productivity or value? I can write some bad code which causes an infinite loop and use up millions of tokens. What is the output of this tokenmaxxing which has resulted in good products or positive outcomes for Meta? I totally understand R&D innovation can cost a lot and no immediate return (I'm in Biotech), but if the goal is just to use more tokens, what are we doing here?
Hartsfield-Jackson Atlanta International Airport Wait Times Plunge to Minutes After Shutdown Chaos
Travelers at Hartsfield-Jackson Atlanta International Airport breathed easier Tuesday as TSA security wait times dropped to just a few minutes at most domestic checkpoints, a sharp improvement from the hours-long lines that plagued the world's busiest airport during a partial government shutdown in March 2026. As of mid-morning April 7, the official ATL wait time tracker showed the Main checkpoint at 4 minutes, North at 2 minutes, Lower North at 0 minutes and the South PreCheck-only lane at 0 minutes. International Main checkpoint waits stood around 11 minutes, according to Delta Air Lines' real-time dashboard and the airport's live updates. The dramatic easing follows weeks of chaos when staffing shortages and unpaid TSA officers led to waits stretching up to four hours or more, forcing the airport to advise passengers to arrive four to five hours early and temporarily halting real-time wait time postings. Hartsfield-Jackson, which handled more than 8.3 million passengers in March alone and nearly broke single-day screening records with 115,000 travelers on April 3, has returned to smoother operations after backpay resumed for TSA workers and staffing stabilized. Recent Turmoil and Recovery The airport faced its worst security bottlenecks in late March when only four of 18 screening lanes operated at times due to high call-outs among TSA officers working without pay during the shutdown. Lines snaked through terminals, with some passengers reporting waits exceeding six hours amid spring break crowds and lingering effects from earlier disruptions. Airport officials urged arrivals of at least 2.5 to 3 hours for domestic flights and three hours or more for international, warnings that many heeded after viral social media posts and local news coverage showed overcrowded checkpoints. The official TSA tracker on atl.com/times briefly displayed messages recommending four-hour buffers instead of live data when conditions deteriorated too rapidly to track accurately. By early April, lines improved significantly after an executive order addressed pay issues and more officers returned. Wait times plummeted from hours to single digits within days, with many checkpoints clearing in under 10 minutes during off-peak hours. Delta's airport wait times page and third-party trackers like takeofftimer.com confirmed the trend, showing standard security often below 15 minutes and PreCheck lanes moving even faster. Despite the recovery, airport leaders continue to monitor passenger volume closely. Spring travel peaks have kept pressure high, with officials expecting sustained heavy traffic through April. Busiest periods typically fall between 5 a.m. and 9 a.m., though midday and evening lulls have allowed quicker processing recently. How to Check and Navigate TSA at ATL Passengers can monitor real-time wait times through multiple reliable sources. The official Hartsfield-Jackson site at atl.com/times provides minute-by-minute updates across domestic checkpoints (Main, North, Lower North and South) and the international terminal. Delta's dedicated wait times page offers similar breakdowns for its hub operations. The MyTSA mobile app from the Transportation Security Administration delivers crowd-sourced reports alongside official data, while the AJC's atlwait.ajc.com tool lets users contribute and view live trends from fellow travelers. Digital totems installed throughout the domestic terminal now display projected wait times using AI and sensors for on-site guidance. TSA PreCheck and CLEAR members generally experience the shortest lines, often under five minutes even on busier days. The South checkpoint operates as PreCheck-only, making it a popular option for eligible passengers. Standard lanes at Main and North handle the bulk of traffic but have moved efficiently in recent days. Experts recommend arriving at least two hours before domestic departures and allowing extra time after security to reach gates via the Plane Train, which can take 10-20 minutes depending on concourse. Packing efficiently -- following the 3-1-1 liquids rule and placing electronics and large liquids in easy-access bins -- helps speed screening. Tips to Minimize Delays at the World's Busiest Airport Travelers facing potential lines can take several steps to streamline their experience. Enrolling in TSA PreCheck or Global Entry offers consistent faster screening. Using mobile boarding passes and checking bags curbside when possible reduces items carried through checkpoints. Avoid peak morning rushes by choosing midday or evening flights when possible. Monitoring apps and airport alerts before leaving home allows real-time adjustments. During high-volume periods, parking and ground transportation can add delays, so factoring in those elements remains crucial. The airport has enhanced technology, including advanced imaging systems and automated screening lanes in some areas, to boost throughput. However, human staffing levels still dictate overall flow, making recent improvements fragile if call-outs rise again. Community forums like Reddit's r/Atlanta have dedicated megathreads for real-time passenger reports, providing unfiltered insights beyond official trackers. These often highlight variations by time of day or specific checkpoint quirks. Broader Context for Spring 2026 Travel Hartsfield-Jackson processed record numbers in early April as spring break overlapped with business travel. The airport's role as Delta's primary hub amplifies its sensitivity to national trends, with international traffic adding complexity at dedicated checkpoints. The March shutdown exposed vulnerabilities in TSA staffing models, prompting calls for better contingency planning. While waits have normalized, union representatives have cautioned that underlying issues could resurface without sustained funding and recruitment. For international travelers, additional CBP processing after security can extend total times, so checking both TSA and customs wait information proves wise. As summer approaches, airport officials expect even higher volumes, reinforcing the importance of proactive planning. Passengers with disabilities or needing assistance can contact the airport in advance for expedited support. What Travelers Should Do Right Now Anyone heading to ATL today or in coming days should check atl.com/times or the MyTSA app immediately before departure. With current waits in the single digits across most lanes, standard two-hour buffers should suffice for most domestic flights, but building in a buffer remains smart amid variable spring demand. The dramatic shift from four-hour nightmares to efficient screening offers relief for millions who rely on Atlanta as a connecting point. Yet the episode serves as a reminder that even the best-prepared airports can face sudden disruptions. For the latest conditions, consult official sources rather than outdated social media posts. With technology improving and staffing stabilizing, Hartsfield-Jackson aims to deliver smoother journeys as 2026 travel season progresses. Travelers who experienced the worst of the March delays have shared stories of missed connections and frayed nerves, but many now report quick, stress-free passages through security. Staying informed remains the best defense against unexpected lines at one of the nation's most critical transportation hubs.
Anthropic, Google, and OpenAI unite to counter alleged AI model misuse by Chinese firms
For AI companies like Anthropic, expansion decisions depend on a mix of talent availability, regulatory clarity, infrastructure, and funding access. File Image/Reuters Anthropic, Google, and OpenAI have come together to take on attempts led by Chinese rivals at model distillation. As per reports, the Silicon Valley firms have agreed to share information to ensure that their frontier AI models are not copied and brought to market at a cheaper price point. Notably, in 2025, OpenAI accused the Chinese firm DeepSeek of condensing its model to build DeepSeek R1. According to a Bloomberg report, the three AI firms are now working together to crack down on attempts by Chinese AI developers that allegedly use model distillation techniques to copy Anthropic, Google, and OpenAI's proprietary large language models. The companies are reportedly sharing information via Frontier Forum, a nonprofit founded by the three firms alongside Microsoft in 2023. The body was established to promote the safe and responsible development of frontier AI systems and encourage knowledge sharing. What does model distillation stand for? Model distillation is a technique where the knowledge from a powerful AI model is transferred into a smaller, more efficient model, allowing the smaller model to mimic the behavior and outputs of the larger one. In scenarios where such use is authorized, this method helps companies save costs on developing smaller models by using frontier AI systems as a reference point. The allegations raised by the tech giants indicate that Chinese companies are using AI services in a way that breaches their terms of use. They are essentially generating a large volume of outputs and using that data to train their own models. Once these trained models become efficient enough to operate independently, they are released at highly competitive pricing that undercuts the models from which the information was distilled. Despite the presence of service restrictions preventing commercial access to Claude in China, the firms allegedly engaged commercial proxy services to sidestep Anthropic's restrictions, enabling access to networks running tens of thousands of Claude accounts simultaneously. Anthropic further revealed in an earlier report that the Chinese firms collectively generated over 16 million exchanges with Claude from around 24,000 fraudulently created accounts. Of the firms identified, Anthropic found that MiniMax drove the most traffic, with over 13 million exchanges. Anthropic and OpenAI have framed distillation by these firms as a potential national security threat.
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Intel Partners with Tesla and SpaceX on Terafab | NextBigFuture.com
Intel is now officially partnering with Tesla, SpaceX, and xAI on the Terafab project. Terafab is their joint venture for a massive, vertically integrated semiconductor facility (primarily in Austin, Texas) that combines logic chips, memory (HBM), advanced packaging, testing, and even photomask production all under one roof. The goal is to produce ~1 TW/year of AI compute capacity -- enough to power billions of Optimus robots, FSD/robotaxi systems, Grok-level training, and space-hardened chips (e.g., D3 for orbital AI) -- far beyond what current foundries like TSMC or Samsung can supply at the needed scale and speed Intel's Role is to Help Remake Silicon Fab Technologyr Intel's stated contribution is to help refactor silicon fab technology by bringing its expertise in chip design, fabrication, and packaging at ultra-high scale. This directly supports Terafab's production targets and modernization of the overall process. Intel hosted Elon Musk at its facilities last weekend, signaling active, high-level engagement (a handshake photo from the meeting was shared in related posts). Tesla/xAI/SpaceX already design their own AI silicon (AI5/AI6 for terrestrial use, D3 for space). They will combine that with Intel's manufacturing strengths for much faster feedback loops than a traditional foundry relationship would allow. Intel's foundry business (Intel Foundry / formerly IFS) is in the middle of a multi-year turnaround that accelerated sharply in 2025-2026 under CEO Lip-Bu Tan. The strategy shifted to a disciplined Foundry First focus. They are prioritizing high-margin external customers, yield execution, and capital discipline while still serving Intel's internal needs. Key Technical & Operational Progress Intel 18A (1.8 nm-class) node entered high-volume manufacturing (HVM) in late 2025 / early 2026, completing the "5 Nodes in 4 Years" roadmap. It's Intel's first node with RibbonFET (gate-all-around) transistors + PowerVia (backside power delivery). Yields are reported in the 60-75% range (improving toward 80%+ by 2027 for full profitability). This is already powering Intel's own Panther Lake and Clearwater Forest chips, with external customer silicon ramping. Advanced packaging (EMIB, Foveros, etc.) is a bright spot and a major revenue driver. Intel is positioning itself as a strong alternative/backup to TSMC for chiplet-based AI designs. Next node 14A (1.4 nm-class) is in early customer engagement. Intel has said it will only add significant capacity with firm external commitments -- a clear break from past overbuilding. Government Backing (Major De-Risking) CHIPS Act: $7.86 billion direct grant + up to $11 billion in loans for U.S. fab expansion (Arizona, Ohio, New Mexico, Oregon). Additional $3 billion for a Secure Enclave program. Equity investment: U.S. government took 9.9% stake ($8.9 billion) in 2025, further aligning national-security interests with Intel's success
