Latest News

Anduril raised $5B led by Thrive Capital and a16z at a $61B valuation, up from $30.5B in June 2025, taking its total funding to $6.82B, and may IPO in 2027 (www.nytimes.com)
2026-5-13 IPO

Household Debts, Debt-to-Income Ratio, Serious Delinquencies, Foreclosures, Collections & Bankruptcies in Q1 2026 (wolfstreet.com)
2026-5-13

WATCH IN FULL: Sergey Lavrov's exclusive interview with RT India (www.rt.com)
2026-5-13 India Interview

How SCOTUS Perverted the Constitution and let Tennessee Disenfranchise 1.4 mn People (www.juancole.com)
2026-5-13

Q&A with Amazon head of devices and services Panos Panay on Alexa+, the company's focus on devices for the home, the Leo satellite broadband business, and more (www.ft.com)
2026-5-13 Amazon

The Facebook House in Los Altos, Mark Zuckerberg's former residence, has become a hub for Chinese AI talent, who are a key part of Silicon Valley's AI boom (restofworld.org)
2026-5-13 China Facebook AI Zuckerberg

China's move to block Meta's Manus acquisition challenges the “Singapore washing” model, as major Chinese tech companies build significant Singapore presences (www.ft.com)
2026-5-13 China Singapore

How the Strait of Hormuz blockade is disrupting global chip supply chains, affecting supplies of helium, bromine, sulfur, and thinners essential to chipmaking (www.bloomberg.com)
2026-5-13

An analysis of Tokenomist.ai data: Trump family members made ~$1.55B from sales of World Liberty Financial's WLFI tokens, lifting their total fortune by ~$660M (www.bloomberg.com)
2026-5-13 Trump AI

Analysts say AI fervor in the US and Asia has spread to Europe, boosting stocks like STMicro and Nokia as investors seek the AI boom's pick-and-shovel stocks (www.ft.com)
2026-5-13 Europe Asia AI Nokia

The Electric Car won the Iran War: The Twilight of Oil (www.juancole.com)
2026-5-13 Iran

Could Trump's Iran Fiasco be America's Suez Crisis? (www.juancole.com)
2026-5-13 Trump U.S. Iran

Protesting Rutger Engineering's Cancellation of Rami Elghandour's Graduate Address over Palestine (www.juancole.com)
2026-5-13

2026 defence budget – A$17.4 billion in spending uplift still undecided (www.aspistrategist.org.au)
2026-5-13 Budget

No solidarity: Southeast Asian countries split as each seeks Iranian oil (www.aspistrategist.org.au)
2026-5-13 Iran Southeast Asia

Analysis: contract prices for NAND chips are up 600%+ since late September 2025, while those for DRAM chips are up ~400%, with analysts expecting further gains (www.bloomberg.com)
2026-5-13

China's CSI AI Index, which tracks AI supply chain companies, is up 28%+ YTD, while HK's Hang Seng Tech Index, which includes Alibaba and Tencent, is down 8% (www.ft.com)
2026-5-13 China Alibaba AI Tencent

Config, which is building a data layer for robotics foundation models, raised a $27M seed at a $200M+ valuation led by Samsung Venture Investment (techcrunch.com)
2026-5-13 Samsung Robot

Sam Altman Testifies That Elon Musk Wanted Control of OpenAI (yro.slashdot.org)
2026-5-13 Elon Musk

Metis TechBio, a biotech company using AI to deliver and formulate drugs, surged as much as 185% in its Hong Kong market debut after raising ~$270M in its IPO (www.bloomberg.com)
2026-5-13 Hong Kong IPO AI Biotech

The budget patches an energy system built for a different world (www.lowyinstitute.org)
2026-5-13 Energy Budget

Talks with Russia ‘inevitable' for Europe – Kremlin envoy (www.rt.com)
2026-5-13 Russia Europe

Paymentology, which provides real-time card and payment processing technology for banks and fintechs, raised $175M co-led by Apis Partners and Aspirity Partners (tech.eu)
2026-5-13

Sources: Sam Altman recently discussed launching an AI compute company that is majority-owned by OpenAI, similar to Stargate's original data center initiative (sources.news)
2026-5-13 AI

Nvidia says that Jensen Huang is joining President Trump on his China trip; source: the president asked Huang to join after seeing media coverage of his absence (www.cnbc.com)
2026-5-13 Trump China Nvidia

Waymo recalls ~3,800 robotaxis in the US to fix software issues that may cause them to drive onto flooded roads, after some were seen stalled on flooded streets (www.cnbc.com)
2026-5-13

The odds racket in prediction markets (www.lowyinstitute.org)
2026-5-13

Sources: Jensen Huang was left out of President Trump's China trip to avoid unwanted scrutiny and awkward conversations about the sale of Nvidia chips to China (www.semafor.com)
2026-5-13 Trump China Nvidia

CPI Inflation Blows Past Fed Rates as Core Services, Gasoline, Electricity, and Food Spike. Fed's “Real” Rates Are now Negative (wolfstreet.com)
2026-5-13 Inflation CPI

Supply of Existing Single-Family Homes Rises to Highest in 10 Years, Condo Supply Highest since 2012, Sales in Deepfreeze (wolfstreet.com)
2026-5-13

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