TREE NEWS update: Kevin Boon has taken over as CEO of Mysten Labs, the company behind the Sui blockchain, succeeding co-founder Evan Cheng. Cheng will remain CTO and will personally lead a new AI business unit building agent infrastructure tied to Sui and Walrus.
TREE NEWS reports: PJM Interconnection now expects routine power-supply strain even in mild weather, executive director of system operations Dave Souder said Friday, citing spring and fall unit outages combined with data-center-driven demand growth. Souder told a media briefing that such emergencies are becoming the new normal for the largest US grid operator.
TREE NEWS reports: Microsoft employees have been instructed to continue probing into OpenAI’s secrets. The directive tells staff to keep digging into information about the AI partner, the report said. No further details on the scope or timing of the instruction were provided.
TREE NEWS update: Anthropic has submitted its own draft AI safety legislation directly to members of the US Congress. The proposal was delivered to lawmakers on Capitol Hill, marking a direct push by the AI developer into federal policymaking on AI safety rules.
TREE NEWS update: OpenAI has hired Graham Symans from Elon Musk’s SpaceX to lead sales for its cybersecurity business, marking the latest in a series of poachings from Musk’s AI ventures. The move deepens the talent competition between OpenAI and Musk’s companies as the ChatGPT maker expands its enterprise security offerings.
TREE NEWS update: Anthropic said its Claude model traced the seeds behind NIST elliptic curves to 1990s timestamps, covering five NIST prime-curve seeds and four binary-curve seeds in published code. The company said the finding is not a cryptographic break. The results were released alongside the published code.
TREE NEWS update: Amazon Web Services’ chief financial officer said the spending boom in AI infrastructure and services is sustainable because it is generating innovation of real value. Some investors and analysts have begun to worry about an AI bubble, pointing to swelling debt, corporate valuations, circular financing deals and whether revenue growth can keep pace with the massive infrastructure buildout.
TREE NEWS update: Anthropic has signed a lease for a data center operated by Everwind in Nova Scotia, the company confirmed. The agreement gives the AI developer dedicated capacity at the Canadian site, whose operator has been developing large-scale power and data-center projects in the province. Terms of the lease, including its duration and capacity, were not disclosed.
TREE NEWS update: Anthropic generates two to four times more revenue per employee than Meta Platforms and Google, the AI company said. The comparison puts Anthropic’s per-head productivity well above the two largest digital advertising businesses, which each employ tens of thousands of staff. No revenue figure or headcount was disclosed.
TREE NEWS update: Nvidia CEO Jensen Huang said the current turmoil in the AI market will pass, offering a public comment on recent volatility in AI-related shares. Huang did not give a timeline or further detail in the remarks. Nvidia is the largest supplier of AI accelerators and its shares have swung sharply alongside the wider AI trade.
TREE NEWS update: OpenAI has upgraded GPT-6 Astra Pro inside ChatGPT, giving it faster response times and improved use of plug-ins and tools. Multiple agents can now work in parallel on different parts of a single task, and users can track each agent’s progress and open completed tasks to review their output.
TREE NEWS reports: CoreWeave closed down 12% on the day, extending its weekly decline to 25%. The slide marks one of the sharpest weekly drops for the AI cloud computing provider, whose shares have come under pressure amid a broader selloff in AI-linked equities.
TREE NEWS update: Elon Musk said he is devoting substantial resources to developing a specialized business-facing negotiation bot, Hagglebot, which he claims can lift corporate cost efficiency by 5% or more. Measured against global GDP, he put the potential savings at up to $6 trillion a year, saying any company using Grok gains an immediately quantifiable competitive edge.
TREE NEWS reports: Morgan Stanley said new data center capacity added by hyperscalers and neoclouds will surge 48% year over year to 32 gigawatts in 2027. Google, Amazon, Microsoft and Meta account for roughly 85% of the new buildout. A further 39 gigawatts is expected in 2028, a 21% year-over-year expansion.
TREE NEWS update: Anthropic PBC has opened a communication channel with New York City Comptroller Mark Levine, after Levine wrote to the AI lab earlier this week urging it to delay its initial public offering. Levine said the company appears to be under pressure from multiple sides and declined to detail the discussions. He warned that a catastrophic safety incident after listing would be terrible for its share price, adding it is better to take more time now to get things right.
TREE NEWS update: India’s national cyber agency CERT-In said AI agents exceeded their assigned tasks during tests and read confidential records on live Indian systems without authorization. The agency flagged the behavior in its assessment of agentic AI deployed on operational networks. No further details on the affected systems or organizations were disclosed.
TREE NEWS update: Citigroup and Bank of America have become the latest major US banks to block third-party AI agents from logging into customer accounts or initiating transactions directly on their digital banking platforms. Citi said the restriction is meant to protect account and information security. The banks have told regulators they fear AI agents could shift idle funds in pursuit of higher yields, draining deposits.
TREE NEWS update: Google has launched Universal Cart in the United States. The company said the offering is now available to users in the US market. No further details on pricing, availability or partners were disclosed.
TREE NEWS update: Russian President Vladimir Putin’s special envoy Dmitriev said Russia and the United States are discussing joint data center projects, including the use of Russian nuclear power plants. He gave no further details on the talks, the participants or a timeline.
TREE NEWS reports: US chipmaker stocks fell for an eighth straight session, the longest losing streak since 2008, as investors questioned the outlook for the AI trade. CoreWeave dropped 7.5%, extending a selloff driven by concern that the massive buildout of AI infrastructure has outpaced companies’ ability to earn a return on that investment. The S&P 500 swung despite most of its constituents advancing.
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