New AI player lands massive funding
Recursive Superintelligence Raises $500M for Self-Improving AI
Recursive Superintelligence, a fresh‑faced AI startup, has raised an impressive $500M at a $4B valuation just four months into its mission to create an AI that can endlessly improve itself without human input. Led by former OpenAI and DeepMind talent, this move marks a bold step towards AI supremacy.
Funding Frenzy: $500M Raised in Record Time
Meet the Minds: The Team Behind Recursive Superintelligence
Why It Matters: Implications for Builders
Industry Buzz: Reactions and Speculations
AI's Next Frontier: Recursive Self‑Improvement Explained
Jun 7, 2026
Anthropic Warns AI Industry Has No Brake Pedal as Claude Codes 80% of Its Own Codebase
Anthropic co-founder Jack Clark warns the AI industry is accelerating without a brake pedal, as Claude now writes over 80% of the company's code. The safety-focused lab is calling for a coordinated, verifiable pause mechanism before AI systems achieve full recursive self-improvement.
Jun 7, 2026
Trump Administration in Talks for Direct Government Stake in OpenAI
The Trump administration is negotiating a direct government equity stake in OpenAI, with President Trump calling it a potential partnership where the American public shares in AI wealth. Bernie Sanders proposes a competing 50% stock tax on AI giants. Both plans signal a historic shift toward public ownership of AI.
Jun 7, 2026
Tech Layoffs Top 123K in 2026 as May Hits Worst Month in Two Years
US tech companies announced 38,242 job cuts in May 2026 — the industry's heaviest month of reductions in nearly two years. Year-to-date numbers have crossed 123,000, driven by AI adoption restructuring rather than post-pandemic correction. Meanwhile, companies like T-Mobile are opening offshore tech hubs while cutting domestic staff.
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May 11, 2026
Telus’s BC sovereign AI build could add real Canadian compute — or just better branding
Canada and Telus say they’re advancing a sovereign AI infrastructure build in British Columbia, with three planned data centres and more than 60,000 GPUs by 2032. The big question for builders is not the ribbon-cutting; it’s whether this becomes usable Canadian compute with clear access, pricing, and procurement paths — or stays a policy label with nice hardware attached.
May 8, 2026
Coinbase Restructures: Cuts 14% Workforce, Embraces AI-Driven Leadership
Coinbase is axing 14% of its workforce as it ditches 'pure managers' for AI-driven roles. Expect leaner, AI-backed 'player-coaches' managing larger teams. This shift could be risky, but also transformative for those adapting quickly.
May 7, 2026
Meta's Agentic AI Assistant Set to Shake Up User Experience
Meta is launching an 'agentic' AI assistant designed to tackle tasks autonomously across its platforms. This move puts Meta in a competitive race with AI giants like Google and Apple. Builders in AI should watch how this could alter app ecosystems and user interactions.