Author: precious

Quantum computing has, for years, been one of the most anticipated technologies in the world but one of the least commercially visible. That is starting to change. Quantinuum, the Honeywell-backed quantum computing company, recently closed its initial public offering (IPO), raising $1.68 billion after pricing 28 million shares at $60 each, above its original $45 to $50 target range, and debuting on the Nasdaq under the ticker QNT at a market capitalization of approximately $17.6 billion. The listing would mark the world’s first traditional initial public offering for a full-stack quantum company and the largest public debut in the sector’s…

Cognition AI has raised more than $1 billion in a new funding round at a $26 billion valuation, the latest sign of strong demand for companies using artificial intelligence (AI) for software development. The round, announced last month, was led by Lux Capital, General Catalyst and 8VC, with a host of existing investors including Elad Gil, Soma Capital, and Founders Fund pouring in, alongside new investors like Ribbit Capital, Atreides, and Layer Global. The company’s current valuation has more than doubled from its prior round in September 2025, when the company closed a $400 million funding round at a $10.2…

ByteDance, the Beijing-based parent company of TikTok and Douyin, is deep into building its own artificial intelligence (AI) chips. According to reports from Reuters and The Information, the company is developing custom central processing units (CPUs) designed for AI inference, the process through which AI models generate responses after they have been trained. ByteDance’s push to develop its own AI chips started two years ago, with the pace to scale that effort picking up in 2026. A Chip Already in Progress ByteDance’s new inference-focused chip draws inspiration from Groq’s language processing units (LPUs), which are purpose-built for running trained models…

Meta has begun testing paid subscriptions for its Meta AI chatbot, introducing two tiers under a new brand called Meta One. The plans are priced at $7.99 a month for Meta One Plus and $19.99 a month for Meta One Premium, with testing launching in Singapore, Guatemala, and Bolivia. Meta AI will remain free for casual users, but those who rely on the chatbot heavily will eventually hit usage limits that only a paid plan removes. What the Plans Offer Both tiers give users expanded access to image generation, video creation, and extended reasoning capabilities that will be capped for…

The CrowdStrike Counter Adversary Operations team executed a coordinated takedown of the Glassworm botnet, a global threat that had been targeting software developers through the open-source supply chain. Working with Google and the Shadowserver Foundation, the team hit all four of Glassworm’s command-and-control (C2) channels at the same time, cutting the operators off from their infected machines and blocking their ability to deliver more malicious payloads. The takedown was a technical success, but the story of how Glassworm operated for over a year without being stopped is worth noting. Who Glassworm Was Going After Since early 2025, Glassworm’s operators had…

U.S. Federal prosecutors charged Michele Spagnuolo, a 36-year-old Google staff information security engineer, on May 27, 2026, with using confidential company data to win over $1.2 million on the prediction market platform Polymarket. Spagnuolo, an Italian citizen living in Switzerland, had been a Google employee since 2014. He now faces charges of commodities fraud, wire fraud, and money laundering.  This case is notable less for the amount involved and more for what it reveals about how Google managed access to sensitive internal data and whether its policies were adequate to prevent this from happening in the first place. What Spagnuolo…

The World Economic Forum’s (WEF) Global Cybersecurity Outlook 2026 surveyed 804 global business leaders across 92 countries and found that 94% of respondents said AI will be the most significant driver of change in cybersecurity in the year ahead. This is the case because AI has made cyberattacks faster, cheaper, and harder to detect. The clearest concern in the report is what AI has done to the economics of launching a cyberattack. Criminal actors are now exploiting generative AI to automate and scale social engineering efforts, producing realistic phishing emails, deepfake audio and video, and falsified documentation capable of evading…

Sam Altman spent two years telling anyone who would listen that AI was coming for white-collar jobs. In June 2025, he warned that entry-level roles were at serious risk. Then, a year later, Altman at the Commonwealth Bank of Australia conference in Sydney said something different. “I’m delighted to be wrong about this,” he told CBA chief executive Matt Comyn. “I thought there would have been more impact on entry-level white-collar jobs being eliminated by now than has actually happened.” Speaking with Comyn, Altman acknowledged that while OpenAI’s technological predictions since launching ChatGPT in 2022 had been “roughly right,” their…

An unnamed enterprise racked up roughly $500 million in charges on Anthropic’s Claude in a single month, according to an AI consultant who spoke with Axios. The organization, which has not been publicly identified, gave employees access to Anthropic’s Claude with no spending caps, no token limits, and no usage restrictions in place. This meant half a billion dollars, spent on a single AI platform in 30 days because nobody switched on controls. Why Costs Exploded Costs rose especially fast among engineers using agentic workflows, large context windows, and parallel coding sessions. Unlike a standard chat interaction, agentic AI tasks…

Anthropic, the maker of the Claude family of AI models, has become the world’s most valuable artificial intelligence (AI) startup, reaching a $965 billion valuation after raising $65 billion from private investors in a funding round led by Altimeter Capital, Greenoaks, Dragoneer, and Sequoia Capital. The announcement, made on May 28, 2026, puts Anthropic ahead of ChatGPT-maker OpenAI, which attracted an $852 billion valuation in its last fundraising round in March. A Company That Did Not Exist Six Years Ago A company that did not exist six years ago, founded by people who left OpenAI because they believed it was…