AI Developments

The AI Bubble Just Sprung a Leak — and Kiwi Investors Are Exposed

The AI stock bubble showed its first real crack on June 23. Nasdaq down 2%, South Korea down 10%, SpaceX down 16% — and KiwiSaver funds are along for the ride.

Anthropic's Claude Tag Isn't Just a Bot — It's the Blueprint for the Autonomous Digital Colleague

Claude Tag turns Slack into an AI-native workplace. 65% of Anthropic's product code is now written by their own internal Claude Tag.

Australia Is 'Sleepwalking' Into an AI Crisis — Greens Demand Data Centre Moratorium

Australia faces a regulatory reckoning: a Greens senator wants a data centre freeze, an independent senator demands copyright protections, and the government's own departments can't agree on the rules.

Meta's CTO Just Admitted Its AI Reorg Was 'Atrocious' — 6,500 Engineers Paid the Price

Meta's AI reorg: 6,500 engineers drafted into a 'gulag,' a CTO apology, and a culture crisis that snack budget can't fix.

Meta Pauses Worker Surveillance Program After Data Leak — and 2,000 Employees Fight Back

Meta's internal surveillance program exposed the widening gap between AI ambition and workforce trust — $145bn in spending, morale at its lowest, and a privacy breach that forced a halt.

OpenAI's Codex CLI Is Burning Through Developers' SSDs — 640 TB a Year

A developer found 37 TB written in 21 days from Codex SQLite logs. OpenAI confirms a fix is in progress, but the bug may have already cost users low-single-digit millions in SSD wear.

Oracle Slashed 21,000 Jobs to Fund a $50 Billion AI Infrastructure Gamble

Oracle cut 21,000 workers and spent $1.8 billion on restructuring to fund its AI cloud buildout — a debt-fueled bet that has bondholders suing and analysts questioning the reliance on an unprofitable OpenAI.

The Washington Post Is Cheering Data Centers While Bezos Profits From Them

WaPo's opinion section has become a data-center PR arm while Bezos's Amazon profits from the very infrastructure it champions.

NZ's Biggest Surveillance Expansion in a Generation — And It's Being Done Quietly

Three bills, no fanfare. NZ is quietly legislating encryption backdoors, warrantless police surveillance, and mandatory age verification for social media — all under a National government.

ASML's CEO Just Called Musk's Terafab Realistic. That Changes Everything.

Every analyst called Terafab a fantasy. The CEO of ASML — the one company you cannot build a chip fab without — just said he is preparing for it.

Karpathy's 16M-View Idea: Stop Using AI to Write Code, Build a Second Brain

Karpathy's simple idea hit 16 million views: use AI not to write code but to build a second brain. Claude Code + Obsidian = a wiki that compounds.

Fable 5 Wrote a Windows Kernel in 38 Minutes — The Verification Gap Is Now