Mike Margitan

[Quartz @qz]

IBM is pledging more than $10 billion to build fault-tolerant quantum computers by 2029: The tech company says its Starling system, capable of running 20,000 times more operations than current systems, will be ready by 2029 https://t.co/KtnH8xN6mv

[UNITED24 Media @United24media]

🔴 Food aid for 130,000 Ukrainians has been destroyed after a Russian ballistic missile targeted and struck a UN World Food Programme warehouse in Dnipro.

https://t.co/8O0rbewjog

[Mike Margitan @Margtwit]

Ebola

[Hedgie @HedgieMarkets]

🦔Microsoft canceled its internal Claude Code licenses this week after token-based billing made the cost untenable, even for a company with effectively infinite cloud resources. Uber's CTO sent an internal memo warning the company burned through its entire 2026 AI budget in just four months. American AI software prices have jumped 20% to 37%, and GitHub (owned by Microsoft) is dropping flat-rate plans for usage-based billing across its products.

My Take
The AI subsidy era is ending in real time. The same company that put $13 billion into OpenAI and built the Azure infrastructure powering most of Anthropic's compute just looked at the bill from a competitor's coding tool and decided it was not worth paying. That is not a productivity failure on Anthropic's end. Token-based pricing is forcing every enterprise customer to confront the actual cost of running these models at scale, and the number turns out to be far higher than the flat-rate experiments suggested.

This ties directly to my Gemini Flash post yesterday. Anthropic, OpenAI, and Google all raised effective prices in the last six months. Enterprises that built workflows assuming AI costs would keep falling are now watching annual budgets evaporate in months. Two outcomes look likely from here. Either enterprises scale back AI usage to fit budgets, which slows the revenue ramp the labs need to justify their valuations ahead of IPOs, or the labs cut prices and absorb the losses, which makes the unit economics worse at exactly the wrong moment. Both paths land in the same place, the numbers stop working, and somebody has to take the writedown.

Hedgie🤗

[Barchart @Barchart]

BREAKING 🚨: United States of America

U.S. 30-Year Treasury Yield soars to 5.12%, the highest level since the run-up to the Global Financial Crisis 📈🇺🇸 Dear God 🤯

[CBS 42 @CBS_42]

A new Ebola outbreak is confirmed in a remote Congo province, with 65 deaths recorded
https://t.co/MgbtfKAU9O

[Matt Van Swol @mattvanswol]

🚨WHAT THE HELL?!!!!

Divers doing a ROUTINE maintenance check at the Converse Reservoir dam in Mobile, AL...

...just found an underwater IED!!!!

Apparently a grenade-type bomb was sitting submerged at the bottom of a dam that holds an entire city's DRINKING WATER.

It took FIVE agencies: the FBI, ALEA, the Sheriff, Mobile PD, and a maritime render-safe team, to pull it out and detonate it.

Someone put a BOMB in our water supply...

WHERE IS THE NATIONAL COVERAGE?!!!

[Kent Weyrauch @KentWeyrauch]

Minnesota sports fans have a right to be pissed

Our drought is truly an anomaly

[Jaya Gupta @JayaGup10]

https://t.co/5vDrndcmFn

[Engadget @engadget]

They were supposed to be made in the US, but instead were "designed with American values in mind." https://t.co/NSBvUJ1mjV

[(((The Daily Shot))) @SoberLook]

Momentum stocks are experiencing one of their sharpest rallies relative to minimum-volatility equities on record.

Source: @RealAlpineMacro

[Ole S Hansen @Ole_S_Hansen]

US wholesale #inflation accelerated in April to the fastest pace since 2022, driven by surging energy prices. The PPI index rose 6% YoY, while the core measure that excludes food and energy increased 5.2% YoY, the biggest advance in more than three years.

[Quartz @qz]

Americans are drowning in a record $18.8 trillion of household debt: Delinquency rates are rising across credit cards, student loans, and mortgages even as wages climb https://t.co/6yIAxx7K2f

[UNITED24 Media @United24media]

⚡ Russian forces are using Gerbera drones as "motherships" to drop armed FPV munitions over 30km behind the front line. Experts warn that these dropped suicide drones often land in residential areas with intact explosives.

https://t.co/C8YKdCWkTe

[IBM Research @IBMResearch]

Largest protein simulation yet on a quantum computer. 🚀

Explore how @ClevelandClinic, @riken_en & IBM modeled 12,635 protein complex with new algorithm and quantum‑centric workflow:
https://t.co/uUAIwCYiyr

[Joe Tipton @JoeTipton]

NEWS: Donovan Davis, Rivals’ No. 31 overall recruit in the 2027 class, has committed to Iowa State, he told @Rivals.

The 6-7 forward becomes one of the highest-ranked players to choose the Cyclones in the modern recruiting era.

https://t.co/a1wRWB22N9

[IBM @IBM]

Meet IBM Bob. 👋

Now generally available, Bob is an agentic SDLC partner designed to move teams from isolated AI tools to coordinated delivery. Dive deeper into what’s possible with IBM Bob: https://t.co/BJvqDolvdW

[IBM Developer @IBMDeveloper]

So… why is everyone suddenly talking about Bob?​
​
@if54uran shows how IBM Bob works alongside you across the full SDLC, from writing and reviewing to modernizing and deploying your code. ↓

[Current Report @Currentreport1]

NBC reports that Iran has caused more damage to US military bases in the Middle East than officials first revealed.

Several US bases and military equipment in Gulf countries were hit multiple times during Iranian attacks, including by an Iranian F-5 fighter jet that penetrated American air defenses.

The damage is described as serious, with repair costs potentially reaching billions of dollars.