NerdNews

Eclipse Ventures' investment in Cerebras Systems returned $2.5B, a 17-fold return. The firm's thesis of digitizing the physical world is gaining traction, with portfolio companies raising nearly $15B in 2025. Eclipse's focus on hardware and physical-world tech is paying off, with investments in robotics, energy, and defense.

Anthropic's Code With Claude announces managed agents, proactive workflows, and capability curve. The updates include remote control, auto mode, and worktrees, with a focus on infrastructure and safety guardrails.

Elon Musk's lawsuit against Sam Altman and OpenAI has been dismissed due to the statute of limitations. Musk accused OpenAI of 'stealing a charity' but the jury found that any potential harm occurred before the deadline for filing claims. OpenAI's lead attorney called the lawsuit 'a hypocritical attempt to sabotage a competitor'. Musk plans to appeal the decision.

Amazon's Alexa+ can now generate podcast episodes on demand using AI. Users can ask Alexa+ to create a podcast on a topic, and it will research, gather information, and generate a quick overview. The feature uses AI-generated host voices to narrate the podcast and is available in the U.S.

Google I/O 2026 is underway, with announcements on Android 17, Android XR, and Gemini AI. Android is transforming into an 'intelligence system' with AI-powered features. Googlebooks, a new generation of laptops, will run on a 'modern OS' combining Android and ChromeOS.

Swiggy detailed its real-time machine-learning ranking system for autocomplete search suggestions, combining OpenSearch retrieval, feature stores, and learning-to-rank models to improve relevance while operating under strict latency requirements.

Cloudflare and Stripe have launched a protocol allowing AI agents to autonomously create cloud accounts, start paid subscriptions, register domains, and deploy applications to production without human intervention. The protocol operates through three components: discovery, authorization, and payment, and is designed to be open and extensible.

Companies offering bug bounty programs are being inundated with low-quality reports generated by AI tools, forcing some to suspend their programs. The rise of AI is reshaping the economics of bug bounty programs, making it difficult for companies to sift through false submissions.

Anthropic has acquired Stainless, a startup that automates the creation and maintenance of software development kits (SDKs). The acquisition will take a key infrastructure supplier out of the hands of Anthropic's competitors, including OpenAI and Google. Stainless's software has powered the generation of every official Anthropic SDK since the earliest days of its API.

LetinAR, a South Korean startup, is developing optical technology for AI-powered smart glasses. Their PinTILT technology focuses light directly into the user's eye, making it thinner, lighter, and more power-efficient. The company has secured $18.5 million in funding and is working with Big Tech companies to develop next-generation AI glasses.

OpenAI is reorganizing its executive ranks, with Greg Brockman taking control of the company's products, including ChatGPT and Codex, as part of an effort to unify its product offerings and simplify its product strategy ahead of a potential IPO.

Gartner reports that AI will transform managed network services by enhancing operational efficiency, enabling informed decision-making, and improving network security. Service providers are leveraging AI for IT operations, generative AI as a network assistant, and AI-powered customer service bots. By 2028, GenAI is expected to become a mature and trusted assistant in network operations, with widespread adoption of network AI assistants and automated 'Tier 0' responders in NOCs.

The trial between Elon Musk and Sam Altman highlights the lack of trustworthiness among AI industry leaders, raising concerns about the control and development of artificial general intelligence (AGI). The trial revealed a pattern of dishonesty and power struggles, with both Musk and Altman being accused of lying and having questionable motivations. This has significant implications for the future of AI and its potential impact on society.

Amazon's Alexa Plus can create AI-generated podcasts on virtually any topic, with two AI hosts discussing the subject. The feature draws information from 200 news publications and allows users to steer the conversation and adjust the episode length.

Researchers have developed a non-volatile quantum switching element that uses the spin of an individual electron to represent binary data, potentially replacing traditional transistors. This technology is faster and more energy-efficient, with the ability to process a single bit of information in 40 picoseconds.

According to data from the Bureau of Labor Statistics, jobs with AI exposure in the US are starting to disappear, with a 0.2% drop from May 2024 to May 2025. This trend is particularly notable in customer service representatives, which saw a 4.8% decrease over the same period.

Grafana Labs disclosed that hackers downloaded its source code after breaching its GitHub environment using a stolen access token. The extortion gang CoinbaseCartel claimed responsibility, but Grafana chose not to pay the ransom, citing FBI guidance.

The UK's National Cyber Security Centre (NCSC) has released guidance for organizations using agentic AI, warning of associated cyber risks and providing best practices for mitigation, including applying least privilege, limiting scope, and monitoring behavior.

Security researchers discovered 47 zero-day vulnerabilities at Pwn2Own Berlin, earning close to $1.3m in prize money. The event focused on enterprise targets, including AI databases and NVIDIA products. The Devcore team won with $505,000 in prizes, exploiting vulnerabilities in Microsoft SharePoint, Exchange, and Edge.

The UK's financial services firms must take steps to manage cybersecurity risks from frontier AI. The Bank of England, FCA, and Treasury urge firms to implement effective protective, detective, threat containment, and cyber-response capabilities to mitigate risks. This includes governance and strategy, vulnerability management, third-party risk, protection, and response and recovery.