Sunday, June 7, 2026

As wealth managers confront an AI reckoning, the tech is, for now, easing their workloads by picking up routine tasks, freeing up more time to advise clients (Bloomberg)

Bloomberg:
As wealth managers confront an AI reckoning, the tech is, for now, easing their workloads by picking up routine tasks, freeing up more time to advise clients  —  Wealth managers, who can make upwards of $500,000, are confronting a chatbot reckoning.  —  Down the Wealth Walkway on South Beach …



KPMG survey: only 26% of companies have a comprehensive view of their AI costs, while 50% have some visibility and 22% have none or only see costs after billing (Wall Street Journal)

Wall Street Journal:
KPMG survey: only 26% of companies have a comprehensive view of their AI costs, while 50% have some visibility and 22% have none or only see costs after billing  —  Only 26% of companies say they have a comprehensive view of their AI costs, according to a new survey



Inside the early 2025 senior exec meeting where Apple admitted its AI failures; Tim Cook became intimately involved in Apple's AI roadmap around the same time (Mark Gurman/Bloomberg)

Mark Gurman / Bloomberg:
Inside the early 2025 senior exec meeting where Apple admitted its AI failures; Tim Cook became intimately involved in Apple's AI roadmap around the same time  —  Also: What to expect at WWDC 2026.  —  A top secret meeting finally got Apple to take its AI crisis seriously.



Memory chip vendors say CXMT's DDR5 prices match Samsung, SK Hynix, and Micron, and it has a supply advantage in client markets as it is not prioritizing HBM (Hassan Mujtaba/Wccftech)

Hassan Mujtaba / Wccftech:
Memory chip vendors say CXMT's DDR5 prices match Samsung, SK Hynix, and Micron, and it has a supply advantage in client markets as it is not prioritizing HBM  —  CXMT's DDR5 memory is apparently not as cheap to procure as reports claim, falling in the same range as DRAM from other manufacturers.



Saturday, June 6, 2026

White House AI advisor Sriram Krishnan says he will leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution (Leo Schwartz/The Information)

Leo Schwartz / The Information:
White House AI advisor Sriram Krishnan says he will leave his role at the end of June; sources: Krishnan plans to start a pro-Trump AI policy institution  —  Sriram Krishnan, a top AI policy advisor in the Trump administration, plans to leave his position at the end of June …



Raspberry Pi closed up 27%+ on June 5 after saying it expects adjusted EBITDA of at least $38M in H1, putting it on track to beat $42M est. for the full year (Financial Times)

Financial Times:
Raspberry Pi closed up 27%+ on June 5 after saying it expects adjusted EBITDA of at least $38M in H1, putting it on track to beat $42M est. for the full year  —  UK maker of tiny low-cost computers expects ‘robust demand’ to push unit sales above 4mn in first half



FOIA docs reveal Amazon's extensive control over delivery drivers it insists are not employees, in a case the NLRB sought to settle on terms favorable to Amazon (Josh Eidelson/Bloomberg)

Josh Eidelson / Bloomberg:
FOIA docs reveal Amazon's extensive control over delivery drivers it insists are not employees, in a case the NLRB sought to settle on terms favorable to Amazon  —  The feds were pushing a landmark case about Amazon's control of its contract drivers.  Then the president put Amazon's former lawyer in charge.



Kalshi and Polymarket sponsored X posts promoting viral LA mayoral election fraud conspiracy theories; Kalshi says it asked its paid influencers to remove posts (Max Tani/Semafor)

Max Tani / Semafor:
Kalshi and Polymarket sponsored X posts promoting viral LA mayoral election fraud conspiracy theories; Kalshi says it asked its paid influencers to remove posts  —  THE SCOOP  —  Kalshi on Friday asked some of its paid political influencers to remove X posts that sowed doubt about the integrity …



Travis Kalanick, Mark Pincus, and other founders share their horror stories of pitching to VCs; Cloudflare CEO Matthew Prince publicly calls out Vinod Khosla (Julie Bort/TechCrunch)

Julie Bort / TechCrunch : Travis Kalanick, Mark Pincus, and other founders share their horror stories of pitching to VCs; Cloudflare CEO ...