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The New York Times: Musk treats SpaceX as a personal bank, lending out $500 million at ultra-low interest rates
The New York Times investigation revealed that Musk took out three personal loans totaling $500 million from SpaceX, where he served as CEO, between 2018 and 2020, with interest rates far below market levels, sparking criticism over legal and corporate governance issues.
(Background summary: Bloomberg: SpaceX will price its IPO on 6/15, with employees having already vested their stock options early; the company's valuation exceeds $2 trillion, making it the largest IPO in history.)
(Additional background: Musk's SpaceX IPO new developments: reports indicate negotiations with Bank of America, Goldman Sachs, and other major banks regarding listing details, with fundraising potentially exceeding $30 billion.)
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The role of SpaceX's private treasury
IPO countdown: the road ends after going public
Governance experts: "This is the core risk of a multi-company empire"
Expected before SpaceX
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GPU computing power shortage repeats: major companies like OpenAI and Anthropic are consuming the supply, AI startups are queued until the end of the year
Microsoft, Amazon, and other major cloud providers are consolidating NVIDIA GPU computing power for their internal teams and top clients like OpenAI and Anthropic, while small and medium AI startups face triple pressures: rent increases of 32%, queues extending to the end of the year, and contract thresholds soaring to hundreds of millions of dollars. Some venture capital firms have begun planning shared compute pools for collective bargaining, and some startups are simply paying out of pocket to buy GPUs to avoid queues.
(Background summary: NVIDIA's stock price hits a record high with a market value exceeding $500 billion; a $5 billion investment in Intel doubled in less than a year, earning a book profit of $12.7 billion)
(Additional background: Full transcript of Jensen Huang’s GTC 2026 speech: AI demand reaches trillions of dollars, computing power jumps 350 times, OpenClaw turns every company into)
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Google Launches Deep Research Agent: Quickly Get Started with Automated 160 Search Runs to Generate Charts, Claiming to be an AI for Research Collaboration
Google AI officially launches two autonomous research agents, Deep Research and Deep Research Max, built on Gemini 3.1 Pro, capable of automatically planning research paths, executing up to 160 web searches, and accessing internal corporate databases (through
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Bitcoin's on-chain pioneering native ICO mechanism "PRECOP"!
Simplicity contracts combined with atomic swaps, issuing tokens directly without relying on cross-chain bridges
Developer laz1m0v demonstrated a Bitcoin L1 native ICO mechanism based on Blockstream Simplicity smart contracts, issuing tokens directly on the mainnet through atomic swaps and covenant scripts, without the need for cross-chain bridges, sidechains, or third-party custody. This framework is called PRECOP (Predictive Covenant Oracle Protocol), which natively supports BTC, BRC-20, and Runes asset formats, and is currently in alpha testing phase.
(Background: Adam Back responded
BTC0,25%
ETH0,52%
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Breaking! Sri Lanka's Ministry of Finance robbed of $2.5 million, four officials suspended for investigation
Sri Lanka's Ministry of Finance was hacked, and an attack that occurred in January involved tampering with email payment instructions, stealing a sum of $2.5 million in sovereign debt repayment that was supposed to be transferred to Australia; the incident was exposed when Australian creditors did not receive the payment, leading to four civil servants being suspended, and Sri Lanka is working with Australia to investigate.
(Background summary: Sri Lanka bankruptcy, humanitarian crisis! Protesters stormed government residences, the president announced the resignation of the prime minister)
(Additional background: Solana protocol Loopscale was hacked, losing $5.8 million, official statement: efforts are underway to recover the funds)
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Email interception and account modification: initial details of the attack revealed
Four civil servants suspended, Australia involved in joint investigation
New impact after sovereign default: Sri Lanka's vulnerable moment
Sri Lanka has experienced a nationwide cyber intrusion event! Secretary of the Ministry of Finance Harshana S
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Sony AI table tennis robot defeats professional players, Honor humanoid robot breaks half-marathon world record
Sony AI developed table tennis robot Ace defeated professional players in official matches with referees, and the research results were published in the journal Nature; in the same week, Honor's humanoid robot "Lightning" finished the Beijing Humanoid Robot Half Marathon in 50 minutes and 26 seconds, breaking the human world record.
(Previous summary: Elon Musk claimed that pure AI and robot companies will dominate the future, and humans will become corporate burdens)
(Additional background: Imagining RobotFi: What new gameplay could robots bring when they go on the chain?)
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How Ace defeated humans
Why Honor Lightning can run under 51 minutes
Where the boundaries of Physical AI are moving
50 minutes and 26 seconds. This time
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This product selection store is managed by AI, but it ordered too many candles and forgot to arrange weekend staff, now losing $13k.
A boutique store called Andon Market in San Francisco, managed by AI agent Luna as CEO, is responsible for product selection, pricing, scheduling, and inventory management. Luna has been authorized to use a budget of $100k, but has currently incurred a loss of about $13k.
(Previous context: The top investment masters are working for you! Featuring Buffett, Munger, Cathie Wood & 19 AI Agents analyzing the market)
(Additional background: Exploring AI agent applications: Can vertical agents break the deadlock of industry fatigue?)
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What is Andon Market, and how does Luna operate
Luna’s decision errors and financial realities
What questions does this experiment aim to answer
San Francisco Cow
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Claude can now help you call an Uber, play Spotify... linking eight daily life apps, Anthropic is making its next big move.
Anthropic has added connectors for everyday consumption apps like Spotify, Uber, Instacart, and TurboTax to Claude, officially extending the AI assistant from workplace tools to personal life scenarios.
(Background: Anthropic’s AI Economic Index—an over-10,000-word report—shows that automation trading workflows’ frequency has doubled, with Claude shifting from a tool to a life assistant.)
(Additional context: Top AI models are diverging: ChatGPT to C, Claude to B.)
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From Work Applications to Life Scenarios
Privacy Commitments
Positive Competition with ChatGPT
Eight Everyday Life Apps—Anthropic officially enables Claude to check your data using Sp
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The EU pressures Google to open core Android features to ChatGPT and Claude, signaling the start of the AI gateway battle.
European Union regulators are preparing to make specific demands under the Digital Markets Act, requiring Google to open up core Android features to competitors like ChatGPT and Claude, with Gemini's exclusive access permissions potentially being fully opened.
(Background: Google admits to collaborating with Apple: Gemini takes over Siri functions, with annual revenue reaching $1 billion from Apple)
(Additional background: Google Maps integrates Gemini, launching three major AI features focused on enterprise agents)
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Mandatory openness obligations under the DMA framework
Google's resistance logic and potential costs
Reshaping effects on the AI assistant market
Google in Android
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Microsoft's first-ever "voluntary retirement" program: 8,750 veteran employees have 30 days to decide, AI investments keep advancing
Microsoft announces its first large-scale voluntary retirement program in history, with about 7% of U.S. employees (approximately 8,750 people) eligible to apply. On the same day, Microsoft announced an investment of $18 billion in Australia to build AI cloud infrastructure, highlighting a strategic logic of simultaneous workforce reduction and expansion of computing power.
(Background summary: AI panic leads to unemployment! Microsoft executives warn: Most white-collar workers will be replaced by automation "within the next 12-18 months")
(Additional background: Claude officially supports editing Word files, saving workflows as skills, completing the integration of Microsoft Office suite)
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Who can leave, and how to leave
Why choose this timing?
Microsoft's first in half a century
8750 people: this is the number for Microsoft’s voluntary retirement plan this time
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Telegram founder Pavel Durov: TON transaction fees will "drop by 6 times," and he previews a future with completely free transactions
Make TON Great Again! Telegram founder Pavel Durov dropped a stunning announcement late at night, saying that transaction fees on the TON blockchain will “plunge 6x” within a week—each transaction costing only about $0.0005—and he also boldly predicted that most future transactions will move toward “completely zero fees.” This is the second phase of TON’s recent “MTONGA” seven-step upgrade plan, combined with the speed upgrade that was just completed earlier this month. TON seems to be targeting competitors like Solana in full, aiming to seize the global Web3 payments and gaming throne.
(Quick recap: The TON mainnet Catchain 2.0 upgrade is complete! Block production is up 6x, inflation has risen to 3.6%, but “staking rewards have exploded”)
(Background update: Russia bans Telegram “file and video sharing”! Requires that they stop…)
TON-2,11%
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Starlink hits a snag in Taiwan over “100% wholly owned” status! The Legislative Yuan fiercely debates loosening regulations on low Earth orbit satellites, with concerns that Elon Musk’s pro-China stance could become a national security loophole.
Starlink's arrival in Taiwan has been delayed for a long time.
On the 22nd, the Legislative Yuan's Transportation Committee focused on the issue of easing restrictions on low Earth orbit satellites.
Faced with Starlink's firm stance of "100% ownership," Taiwan's current "Telecommunications Management Act" foreign ownership cap has become the biggest obstacle.
The NCC and the Department of Digital Development emphasized that there may not be a need for drastic legal amendments; flexible mechanisms such as trade agreements could resolve the issue, but the premise is to ensure data sovereignty and cybersecurity.
Legislators are fiercely torn between "disaster communication resilience" and "Musk's suspected pro-China stance."
(Background: Starlink has also been interfered with by Iran. How did Jack Dorsey's "Bitchat" break through via Bluetooth network?)
(Additional background: SpaceX is accused of not providing "Starshield satellite services" to Taiwan. U.S. lawmakers criticize Musk for endangering Taiwan-U.S. security.)
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Regulatory Walls and Starlink
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《The Naval Codex》 author Naval launches AI interval fund USVC—participate with $500 to support early investments in xAI and OpenAI
Retail investors can also buy OpenAI and xAI!
Author of "The Naval Bible," Silicon Valley venture capital legend Naval Ravikant recently launched a new fund called "USVC" through AngelList.
This fund breaks the traditional million-dollar barrier of venture capital, allowing ordinary American retail investors to participate with just $500, directly investing in top AI giants before their IPOs.
(Previous summary: Privacy coins surge! Silicon Valley investor Naval Ravikant's comment caused Zcash to soar 200% in ten days)
(Additional background: PrimePiper: An AI agent trading prime broker that enables AI agents to trade safely in global markets)
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Unlock AI Giants: Just $500
XAI-2,38%
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Google confirms partnership with Apple: Gemini takes over Siri functions, with Apple reportedly paid up to $1 billion per year
Google Cloud CEO Thomas Kurian publicly confirmed at the Cloud Next 2026 conference (Las Vegas, 4/22-23) that Google will assist Apple in developing the next generation of Apple Foundation Models, based on Gemini technology, supporting "more personalized Siri," expected to be launched later in 2026.
(Background summary: Google Maps integrates Gemini, launching three major AI features focused on enterprise agents)
(Additional background: Google launches eighth-generation TPU: two AI chips targeting training and inference, challenging Nvidia's pain points)
Google has officially acknowledged it. Thomas Kurian in the keynote speech
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16 financial holding companies collaborating to create an AI large language model that understands Taiwanese finance
Guided by the Financial Supervisory Commission and convened by CTBC Financial Holding, 16 leading financial holding companies and banks in Taiwan jointly launched the "Financial Large Language Model FinLLM" project, building localized financial AI based on the Data Development Department's sovereign AI corpus.
(Background: The Taiwanese government is actively deploying "sovereign AI," with National Science and Technology Council Chair Wu Cheng-wen stating: "Forming a National Artificial Intelligence Strategic Special Committee")
(Additional background: Taiwan's 11 leading insurance companies have formed the "Claims Alliance Blockchain"! Multiple insurers can file claims for a single policy, making the application process easier)
The 16 financial holdings, 2 state-owned banks, along with the Financial Training Institute, Institute for Information Industry, and NCC Financial Technology Research Center, are working together to achieve one goal: Taiwan must have its own financial large language model.
This project is called FinLLM, initiated by the Financial Technology Industry Alliance guided by the Financial Supervisory Commission, with CTBC Financial Holding serving as the convener. Today (23rd), at the Financial Technology
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Ancient giant beast Nokia Q1 profits exceed expectations, AI data center transformation shows initial results
Bloomberg reports that Nokia’s adjusted operating profit in the first quarter of 2026 reached €281 million, exceeding analysts’ expectations of €244 million by about 15%. Previously trapped in the mire of mobile network equipment, the Finnish veteran company is trying to drive a generational transition through its AI data center connectivity business.
(Background: Will Nokia launch a Web3 phone? It has applied for encrypted patents for digital assets, showing optimism about blockchain development.)
(Additional background: Nvidia’s earnings report hits tonight! On Polymarket, the probability of beating expectations is as high as 90%, and Hyperliquid’s whale is using 10x leverage to go long NVDA.)
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From towers to data centers
What did Nvidia’s $1 billion buy?
Ericsson’s warning, Nokia’s opportunity
Nokia released the first
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Japan proposes legislation to restrict youth use of social media, as the global regulation wave continues to spread
Japan's Communications Ministry research team is considering requiring social media platforms to enable age filtering by default, with legislation or new standards possibly being established as early as the end of this year, adding the country to the regulatory ranks alongside Australia, the UK, Indonesia, and others.
(Background summary: Trump's Truth Social and Musk's X may merge! Strategic analysis of advantages and disadvantages)
(Additional background: What is a16z's New Media? The ongoing power shift of new media)
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Legislation driven by mental health concerns
Age threshold remains undecided, experts cautious about "one-size-fits-all" approach
Limited demonstration effect of Australia's ban, countries continue to follow suit
Japan's government is considering implementing age-based restrictions on social media platforms, joining the global trend of tightening digital regulation to protect minors. Bloomberg reports that the Communications Ministry research team released relevant documents this week, discussing the possibility of...
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