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Photonic's $75M Series C Is a Bet on Quantum Networking at Interconnect Scale
Hardware & Devices

Photonic's $75M Series C Is a Bet on Quantum Networking at Interconnect Scale

Photonic raised $75M Series C for quantum networking infrastructure. The company targets the photonics fabric that links quantum computers together, an underbet category.

Maya Iverson
Tech Sold Off Again Monday. The 10-Year Hit Its Highest in a Year.
Markets & Money

Tech Sold Off Again Monday. The 10-Year Hit Its Highest in a Year.

Nasdaq and S&P 500 dropped to start the week as 10-year Treasury yields reached a one-year high. The AI rally is on the defensive ahead of Nvidia earnings Wednesday.

Sam Whitaker
The AI Labs Are Building Cyber Capabilities Faster Than Defenders Are Building Detection
Cybersecurity

The AI Labs Are Building Cyber Capabilities Faster Than Defenders Are Building Detection

OpenAI and Anthropic disclosed vulnerability-finding capabilities (Mythos, GPT-5.5) that compress the disclosure-to-exploitation window. Defensive infrastructure has not kept pace.

Nadia Rao
Musk Says Tesla Will Deploy Driver-Free FSD Across the US in 2026. The Math Is Tight.
AI & ML

Musk Says Tesla Will Deploy Driver-Free FSD Across the US in 2026. The Math Is Tight.

Elon Musk stated Tesla expects fully autonomous vehicles without human monitors across the US in 2026. The technical and regulatory hurdles make the timeline ambitious.

Maya Iverson
Dust Closes $65M Series B for Enterprise AI Agents at an Undisclosed Multiple
Startups & Funding

Dust Closes $65M Series B for Enterprise AI Agents at an Undisclosed Multiple

Dust raised $65M Series B for enterprise AI workplace agents on a busy May 18 funding day. It did not disclose the valuation.

Jordan Beck
A 25% Government Revenue Cut on Nvidia Chip Sales Is Something New
Markets & Money

A 25% Government Revenue Cut on Nvidia Chip Sales Is Something New

The 25% Treasury take on Nvidia H200 China sales is the kind of commercial-industrial blending the US used to criticize other countries for. The structure has drawn less scrutiny than the headline number.

Hank Reed
Trump Cleared Nvidia H200 Exports to Ten Chinese Firms. The Government Is Taking a 25% Revenue Cut.
Big Tech

Trump Cleared Nvidia H200 Exports to Ten Chinese Firms. The Government Is Taking a 25% Revenue Cut.

The Trump-Xi summit produced approval for Nvidia H200 sales to Alibaba, Tencent, ByteDance, and seven others. The unusual structure: 25% of revenue to the US Treasury.

Sam Whitaker
Apple Is Letting Siri Route Queries to Claude and Gemini in iOS 27, Per Leaks
AI & ML

Apple Is Letting Siri Route Queries to Claude and Gemini in iOS 27, Per Leaks

WWDC 2026 leaks describe a new Extensions system for Siri that can route queries to third-party AI models. The strategic implication is significant for the LLM access market.

Maya Iverson
NGINX Rift: An 18-Year-Old Heap Buffer Overflow in the World's Most Deployed Web Server
Cybersecurity

NGINX Rift: An 18-Year-Old Heap Buffer Overflow in the World's Most Deployed Web Server

CVE-2026-42945, a CVSS 9.2 vulnerability in NGINX rewrite module, has been in the code since 0.6.27. Patches rolling out. Affects nearly every web server on the public internet.

Nadia Rao
Nvidia Reports Q1 Tuesday. Consensus Is $78.8B on Revenue. Blackwell Is Already 70% of Data Center.
Markets & Money

Nvidia Reports Q1 Tuesday. Consensus Is $78.8B on Revenue. Blackwell Is Already 70% of Data Center.

Nvidia FY27 Q1 earnings hit May 20. Wall Street expects $78.8B in revenue, $1.77 EPS. Blackwell is the print to watch.

Sam Whitaker
CLARITY Act Cleared the Senate Banking Committee 15-9. The Real Test Is 60 Senate Votes.
Policy & Regulation

CLARITY Act Cleared the Senate Banking Committee 15-9. The Real Test Is 60 Senate Votes.

Senate Banking voted 15-9 to advance the Digital Asset Market CLARITY Act, with two Democrats joining all Republicans. The full Senate vote needs 60 by the July 4 deadline.

Nadia Rao
Cisco SD-WAN Hit With CVSS 10.0 Auth Bypass. Exploitation Began Within Four Hours of Disclosure.
Cybersecurity

Cisco SD-WAN Hit With CVSS 10.0 Auth Bypass. Exploitation Began Within Four Hours of Disclosure.

Cisco patched a CVSS 10.0 authentication bypass in SD-WAN Controller and Manager. The first attack attempts appeared less than four hours after public disclosure.

Nadia Rao