Industrial Policy for the Intelligence Age
OpenAI released a policy white paper proposing a public wealth fund, AI-driven labor taxation, a 32-hour/4-day workweek demonstration, portable benefits, wage insurance, and retraining support for workers displaced by automation.

Agentic AI Has Gone Mainstream
OutSystems’ 2026 State of AI Development report shows that nearly every enterprise now uses AI agents in production, and almost all are planning broader agentic AI architectures, but most lack centralized governance, mixing custom and pre-built agents in siloed stacks that are hard to standardize and secure.

New MCP Security Vulnerabilities
Auditing real MCP setups, the authors show that MCP-enabled LLMs can be tricked into writing backdoors, adding attacker SSH keys, and dumping API keys or Slack secrets.

US-made chips still require a Trip To Taiwan
Despite domestic wafer fabrication expanding, advanced AI chips made in the United States are still being shipped to Taiwan for final packaging and testing by TSMC, exposing persistent supply chain vulnerabilities.

Illinois State Bill Could Protect AI Firms
OpenAI is backing an Illinois bill that would limit when AI firms can be sued for “critical harms” like mass casualties or billion‑dollar damage, arguing it reduces extreme risks from advanced models without creating a patchwork of conflicting state rules.

DOJ Launches Antitrust Investigation Into NFL
The U.S. Department of Justice has opened an antitrust investigation into the NFL over whether its TV and streaming deals, protected by a decades-old broadcast law, are unfairly driving up costs for fans who now may need nearly 1,000 dollars in subscriptions to see every game.

Foldable iPhone Moves Into Trial Production
Apple’s first iPhone Fold has entered trial production at Foxconn. A credible leaker suggested the device may be branded "iPhone Ultra" and mass production in July, featuring an iPad-like 4:3 foldable screen and Touch ID side button instead of Face ID.

Anthropic Employees Hold On To More Shares Than Investors Expect
Anthropic completed a secondary share sale at its February valuation, yet limited employee participation left some investors short of their desired allocation, suggesting staff are bullish on the company’s trajectory.

Visa Launches Merchant On-Ramp for Agentic Commerce
Now in pilot with partners including Aldar, AWS, Highnote, Mesh, and Payabli, Visa’s Intelligent Commerce Connect uses Visa and non-Visa network APIs and major token vault providers to support agent-initiated payments across protocols, reduce dependence on any single vault, and simplify PCI-compliant orchestration for payment enablers.

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🍫 Power Numbers

50% - How much Perplexity’s revenue jumped, up to $450M+ ARR

$100M - to support Alzheimer’s research from OpenAI

$7B - antitrust fines divvied out to big tech by the EU since 2024

$21B - in new cloud capacity to Meta from Coreweave

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