AI News

OpenAI’s Q1 2026: $5.7 billion revenue (3x YoY). $3.7 billion cash burn (3x YoY). For every dollar earned, $1.65 spent. The ratio didn’t improve. $1.65 Spent for every $1 earned With $73 billion in cash, OpenAI has ~5 years of runway. The IPO pressure eases — but the unit economics question remains: can inference revenue

Block (Square, Cash App) rolled out BuilderBot — an AI agent that autonomously writes code, opens pull requests, and monitors CI. Already responsible for 15% of all production code changes. 1,500 PRs merged weekly. 200,000 operations daily. Business Engineer the AI agent is taking over the computer — the system of action Read → 15%

President Trump told reporters at the G7 summit in Evian that negotiations with Anthropic are “going fine.” Claude Fable 5 and Mythos 5 remain offline for every user globally — day 6. Day 6 Fable 5 still dark for every user on Earth Anthropic’s S-1 is filed at a $965B valuation with a $47B revenue

WSJ teardown: iPhone memory costs jumped from $39 to $145 (3.7x). Storage from $13 to $51 (3.9x). Apple’s total cost per phone: $582 → $726. Estimated retail: $1,099 → $1,299. Business Engineer Apple’s Agent OS Bet — the agent becomes the computer Read → $145 iPhone memory cost — up from $39 (3.7x) The cause:

New Gallup data: tech workers who haven’t adopted AI tools face triple the layoff risk compared to those who have. AI adoption is no longer a preference — it’s a career survival variable. Business Engineer Harness Theory — how companies win with AI without building it Read → 3x Layoff risk for AI non-adopters Same

State Farm told 19,000 agents at a Las Vegas convention that their contracts are being rewritten. Benefits cut. Retirement eliminated. Commissions tied to AI-driven performance metrics. Some agents say income could drop 40%. 40% Potential income cut for agents The backdrop: Progressive just surpassed State Farm as the nation’s largest auto insurer — using AI

The AI image generation company just announced a full-body ultrasound scanner — 60 seconds, no radiation — and plans to open a spa in San Francisco with 10 scanners, hot tubs, and saunas. Target: 50,000 scanners in 6 years, 1 billion scans per month. 1B Scans per month — Midjourney’s target Same core AI capability

The co-inventor of the Transformer — the architecture underneath every major AI model — is leaving Google for OpenAI. Noam Shazeer co-authored “Attention Is All You Need” in 2017 and was co-leading Google’s Gemini. Google paid $2.7 billion to bring him back from Character.AI in 2024. Less than two years later, he’s gone. Business Engineer

President Trump said at the G7 summit in Evian that negotiations with Anthropic are “going fine.” Fable 5 and Mythos 5 remain dark for every user on Earth. Day 6. The Fable 5 Timeline — Day 6 6 days Model dark $965B Anthropic’s valuation at risk $47B Revenue run rate “Fine” Trump’s assessment What “Going

Apple is facing a supply shock — not from weak demand, but because the AI industry is buying up everything. Nvidia dethroned Apple as TSMC’s largest customer. Memory prices have doubled. Tim Cook told the WSJ price increases are “unavoidable.” The AI supercycle is now taxing companies that aren’t even in it. The Supply Crunch

New Gallup data reported by Bloomberg: tech workers who haven’t adopted AI tools face three times the layoff risk compared to those who have. The AI adoption gap is now a career survival variable. Business Engineer Harness Theory — how companies win with AI without building it Read → Gallup Finding 3x higher layoff risk

State Farm rolled out the red carpet for its sales force at a Las Vegas convention. Then the CEO told 19,000 agents he was ripping up their contracts. Benefits cut. Retirement deferred. Commissions tied to AI-driven performance metrics. Some agents say it could cut their income by 40%. What Happened Per the Wall Street Journal,

Midjourney — the company known for AI-generated images — just announced a full-body ultrasound scanner and plans to open a spa in San Francisco. Not a metaphor. An actual spa with hot tubs, saunas, cold plunges, and 10 AI-powered body scanners. Midjourney Scanner 60 sec Full-body scan time 0 Radiation 50K Scanners target (6 years)

Noam Shazeer — co-author of “Attention Is All You Need,” co-inventor of the Transformer architecture, and co-lead of Google’s Gemini — just announced he’s joining OpenAI. The man who built the foundation of modern AI left the company that paid $2.7 billion to bring him back. The Timeline 2000 Joins Google 2017 Co-authors “Attention Is