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Token prices fell 98%. Enterprise AI bills tripled. Now the industry wants a standards body to explain why.

Uber blew through its entire 2026 AI coding budget by April. Microsoft revoked its developers’ Claude Code licences six months after enabling them. One company reportedly ran up a $500 million Claude bill in a single month after forgetting to set usage limits. A Priceline employee told TechCrunch that a routine Cursor contract renewal came back four to five times […] This story continues at The Next Web https://ift.tt/WOoagmI Read full article: The Next Web

Meta will let employees stop being tracked, for 30 minutes at a time

When Meta announced in April that it would install software on US employees’ work computers to capture their keystrokes, mouse clicks, and screenshots for AI training, the company’s head of technology Andrew Bosworth was blunt: “There is no option to opt out of this on your work provided laptop.” Two months and more than 1,500 petition signatures […] This story continues at The Next Web https://ift.tt/7A4ZzRv Read full article: The Next Web

Palo Alto Networks shareholders have rejected executive pay seven times, and the CEO still earns nearly $100 million

A majority of Palo Alto Networks shareholders have voted against the cybersecurity company’s executive compensation packages seven times since 2015, a record that makes it the most rejected pay programme in the S&P 500 and the third-most in the Russell 3000. The most recent vote came in December, when less than half of shareholders supported a […] This story continues at The Next Web https://ift.tt/g07PyH6 Read full article: The Next Web

Anthropic is finally giving the EU access to Mythos, ending weeks of standoff over the world’s most powerful cybersecurity AI

Anthropic has agreed to give the European Union’s cybersecurity agency, ENISA, access to Claude Mythos, the AI model that has autonomously discovered more than 10,000 high- and critical-severity zero-day vulnerabilities across every major operating system and web browser. The decision, communicated to the European Commission over the weekend, makes ENISA the first EU institution to join […] This story continues at The Next Web https://ift.tt/n386iLE Read full article: The Next Web

China just told its tech giants to stop fighting on price and start investing in AI

A top-level Communist Party publication has signaled a shift in how Beijing intends to govern its largest internet platforms. A draft commentary set to appear in the Qiushi journal on Monday says the focus will be on balancing support for growth with enhanced regulatory oversight. The message is directed at companies including Alibaba, Meituan, and […] This story continues at The Next Web https://ift.tt/D7AVZhg Read full article: The Next Web

Anthropic named eight firms selling its shares illegally. After the backlash, it quietly removed four.

Anthropic updated its warning about unauthorized secondary market platforms selling its shares, cutting the list from eight firms to four. The revised version names only Open Door Partners, Unicorns Exchange, Pachamama, and Upmarket. Several of the most prominent names in private market trading, including Hiive, were removed. The original notice, published earlier this month, stated […] This story continues at The Next Web https://ift.tt/cU7g2y1 Read full article: The Next Web

ChargePoint partners with Powers Parts to fix the charging and support gap hitting electric transit fleets

ChargePoint and Powers Parts, a national distributor of electric vehicle components and fleet replacement parts, have announced a partnership to sell ChargePoint charging hardware, software, and fleet management services directly to transit agencies across North America. The deal targets operators running E2 and ZX5 electric buses built by PhoenixEV, the company that acquired Proterra’s transit bus […] This story continues at The Next Web https://ift.tt/IgewOQ8 Read full article: The Next Web

The Netherlands just blocked a US company from buying the cloud provider that runs Dutch digital identity

The Dutch government has imposed a “complete prohibition” on the acquisition of Solvinity, a Dutch cloud provider, by Kyndryl, the American IT infrastructure company spun out of IBM in 2021. The deal, valued at roughly €100 million, would have given a US-headquartered firm control over the platform that runs DigiD, the digital identity system used […] This story continues at The Next Web https://ift.tt/Li5Msn3 Read full article: The Next Web

Two Amazon data centres in the UAE were hit by drones. The Gulf’s AI ambitions are being tested.

Two Amazon Web Services data centres in the UAE were targeted early in the Middle East war. Nearly three months later, oil prices remain around $100 a barrel and the Strait of Hormuz remains closed. The Gulf’s ambition to become a global AI hub is facing its first real stress test. Before the conflict began […] This story continues at The Next Web https://ift.tt/8mhEtGg Read full article: The Next Web

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