U.S. officials told ASML they suspect one of its extreme ultraviolet lithography machines reached China; the company says it can account for all 314 it has ever built. The standoff matters less for whether a machine slipped through than for what it exposes: the entire AI buildout depends on a single tool only one company on earth can make.

With the unveiling of Jalapeño, its first custom AI accelerator, OpenAI has completed a transformation few predicted when it launched ChatGPT three years ago. The company now designs its own chips, builds its own data centers, and is developing its own consumer hardware. The question is what happens to everyone who supplied those things before.

Cadence raised $1.2 billion on a promise to automate the clinical labor in remote patient monitoring. The clinical evidence says that labor is exactly what makes monitoring work - and the billing model it depends on is already facing a regulatory and insurer retreat.

The viral claim that one AI email drinks a bottle of water, and Sam Altman's teaspoon, are both misleading. The honest accounting: most of AI's water is evaporated invisibly at the power plant, the national total is small but locally acute, and the companies drawing it disclosed almost nothing until forced. A definitive look at what AI actually costs the tap.

Ten days after the US Commerce Department used a private export-control letter to pull Anthropic's Fable 5 and Mythos 5 offline worldwide, neither model is back. What began as a jailbreak dispute has become a structural standoff - and the rough outline of an ad hoc licensing regime for frontier AI.