
Sanders Targets OpenAI, Anthropic, xAI With 50% Tax
Senator Bernie Sanders proposes seizing 50% of OpenAI, Anthropic, and xAI stock to fund a federal sovereign wealth fund with government board seats.
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Senator Bernie Sanders proposes seizing 50% of OpenAI, Anthropic, and xAI stock to fund a federal sovereign wealth fund with government board seats.

Blackstone-backed AirTrunk pledges $30 billion and 5GW of AI data center capacity in India by 2030 - more than triple the country's current total installed base.

DeepSeek's maiden external funding round is nearing completion at up to $59B valuation, with Tencent and EV battery giant CATL as the biggest outside investors.

The UK's CMA issued a world-first binding order requiring Google to let publishers opt out of AI Overviews, AI Mode, and AI model training, with nine months to comply.

ByteDance is weighing up to $70 billion in AI capital expenditure for 2026, nearly tripling its 2025 spend, while locking in offshore compute and a Qualcomm chip deal to sidestep US export controls as Doubao hits 345 million users.

SoftBank will build 5 GW of AI data center capacity in France for up to €75 billion, a phased commitment that would create the largest AI compute cluster in Europe.

China's government has extended travel restrictions to AI researchers at Alibaba, DeepSeek, and other private firms, requiring official approval before they can leave the country.

Iranian IRGC-linked group Nimbus Manticore used AI coding tools to build a new backdoor during the US-Iran conflict, targeting aviation and software firms across three campaign waves.

DeepSeek makes its 75% V4-Pro discount permanent, leaving output tokens 34x cheaper than GPT-5.5 and resetting market expectations for enterprise API costs.

Chinese AI providers now handle over 60% of all tokens routed through OpenRouter, up from less than 2% just a year ago.

Trump and Xi announced plans for a formal AI safety channel at their Beijing summit, but expert skepticism and stalled chip deals complicate the picture.

The EU Parliament and Council agreed on May 7 to delay high-risk AI compliance to December 2027, add a nudifier app ban, and give the machinery sector a permanent carve-out.