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News & Articles By Chase Codewell
06/26/2026
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By Chase Codewell
Apple Raises Prices on Products, Citing Rising Chip Costs
Apple has announced price increases on several products, including the MacBook Pro and its new Neo laptop, according to company statements released June 25, 2026. The MacBook Pro with one terabyte of storage rose from $1,699 to $1,999 in the United States, the company said. The entry-level Neo laptop in the United Kingdom increased from […]
06/25/2026
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By Chase Codewell
Italgas Plans $14.8 Billion Investment in AI-Enhanced Gas Networks
Italgas, Europe’s largest natural gas distributor, on Tuesday announced a €13 billion ($14.8 billion) investment plan through 2032 that prioritizes artificial intelligence (AI) to create smarter, more flexible gas networks. The plan, part of the company’s Strategic Plan 2026-2032, comes as Europe faces its most severe energy crisis in decades, driven by geopolitical instability and […]
06/23/2026
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By Chase Codewell
China Intensifies Scrutiny of Indium Exports as AI Chip Demand Surges
China has begun increasing scrutiny of its exports of indium, a silvery-white metal essential for manufacturing high-speed AI chips, raising concerns that Beijing may impose formal export restrictions similar to those already applied to other critical minerals. According to a report by Tsvetana Paraskova of OilPrice.com, multiple buyers have reported heightened checks by Chinese customs, […]
06/13/2026
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By Chase Codewell
OpenAI Mulls “Drastic” Price Cuts Amid AI Market Turmoil
OpenAI is considering significantly reducing the prices it charges for its artificial intelligence (AI) services, according to a Wall Street Journal (WSJ) report cited by ZeroHedge [1]. The move is an attempt to regain customers from rival Anthropic, whose coding tool Claude Code has driven a surge in revenue. OpenAI CEO Sam Altman said at a […]
06/06/2026
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By Chase Codewell
Trump Signs Order for Government Reviews of Advanced AI Models Before Release
President Donald Trump signed an executive order on June 2 requiring certain artificial intelligence (AI) companies to voluntarily submit their most advanced frontier models to the federal government for review before public release. The order, signed without the usual public ceremony, is intended to address cybersecurity and national security risks posed by increasingly powerful AI […]
06/04/2026
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By Chase Codewell
Dell Shares Surge 38% After AI-Driven Earnings Beat and Raised Forecast
Dell Technologies rose 38% in New York premarket trading on May 29, 2026, after the company reported quarterly results that exceeded analyst expectations and issued a sharply higher annual forecast, according to a company statement. The surge reflected strong demand for artificial intelligence servers, which continued to reshape the hardware sector and reinforced Dell’s position […]
06/02/2026
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By Chase Codewell
Bubble or Breakthrough? Anthropic’s $965 Billion Valuation Reveals the Terrifying Truth About AI’s Corporate Takeover
Anthropic, the artificial intelligence company behind the Claude chatbot, has raised $65 billion in a funding round that values the firm at $965 billion, according to a Bloomberg report cited by ZeroHedge [1]. The round was led by Altimeter Capital, Dragoneer, Greenoaks, and Sequoia Capital, the report stated. The valuation surpasses that of rival OpenAI, […]
06/01/2026
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By Chase Codewell
Survey: 99% of Executives Plan AI-Related Job Cuts Amid Growing Economic Inequality
A new survey from consulting firm Mercer indicates that 99% of corporate executives expect artificial intelligence to lead to headcount reductions within the next two years, according to a report by Michael Snyder via the Economic Collapse blog [1]. The 2026 Global Talent Trends report surveyed 825 C-suite leaders and 1,650 HR leaders, finding that […]
05/07/2026
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By Chase Codewell
Coinbase Reduces Workforce by 14% as CEO Cites Crypto Market Conditions and AI Adoption
Coinbase Global Inc. announced on Tuesday, May 5, a 14% reduction in its workforce, affecting approximately 700 employees, as part of a restructuring to reposition the cryptocurrency exchange amid a down market and accelerating adoption of artificial intelligence (AI). CEO Brian Armstrong communicated the decision in an internal email that was also posted to X, […]
04/19/2026
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By Chase Codewell
Meta Plans 8,000 Job Cuts in May, With Further Layoffs Expected Later This Year
Introduction Meta Platforms Inc. plans to reduce its global workforce by approximately 10%, eliminating nearly 8,000 jobs, with the first wave of layoffs set for May 20, according to a report from Reuters on Friday, April 17, 2026. [1] The company’s stock rose nearly 2% following the report. Further workforce reductions are expected in the second half […]
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