Welcome back to your daily dossier talking AI, robotics, crypto, and the future of tech. 👾

In today’s edition, we are tackling the following:

🧠 Meta postpones rollout of its F4 model, citing performance issues and delays.
💻 Windsurf debuts AI models tailored for vibe-first code generation and developer UX.
🚗 Waymo recalls 1,200 robotaxis after two collisions reveal a critical software bug.
🚨 Coinbase confirms hackers stole internal credentials and demanded a $20M ransom.
🤖 China’s $35K humanoid bots spark fears of mass job displacement in manufacturing.

AI

• White House Announces AI Data Campus Partnership With The UAE

  • The U.S. and UAE will co-develop a $1B AI-focused data campus to support national security and innovation.

  • The partnership is part of a broader Middle East economic collaboration announced during Trump’s diplomatic visit.

  • Officials say the deal aims to counter China’s influence and strengthen AI infrastructure for Western allies.

• Meta Is Delaying The Rollout Of Its Flagship AI Model

  • Meta’s new large language model, originally slated for May, faces internal delays due to performance and integration challenges.

  • Sources say the postponement reflects broader concerns about scaling AI reliably while balancing public scrutiny.

  • Despite delays, Meta maintains it remains committed to competing with OpenAI and Google’s most advanced models.

• Vibe Coding Startup Windsurf Launches In-House AI Models

  • Windsurf has unveiled its own suite of generative AI models aimed at improving developer workflows and low-code systems.

  • The startup emphasizes creative code generation with personality, branding itself as a vibe-first dev tool for builders.

  • Backed by leading VCs, Windsurf plans to challenge incumbents like GitHub Copilot and Replit with stylistic differentiation.

ROBOTICS

• Alphabet's Waymo Recalls Over 1,200 Vehicles After Collisions With Roadway

  • Waymo issued a voluntary recall after two of its autonomous vehicles hit the same pickup truck in Phoenix last month.

  • The company says a software bug caused the robotaxis to misinterpret the towed truck’s movement on the road.

  • Over 1,200 vehicles are affected, and a remote update has already been deployed to address the issue.

• Eldercare Robot Helps People Sit, Stand, Catches Them When They Fall

  • MIT researchers developed a robot that assists elderly individuals with sitting, standing, and fall prevention.

  • The system uses real-time sensing and human-aware motion planning to provide gentle support during movement.

  • Engineers hope the robot will aid aging populations in homes and care centers, reducing fall-related hospitalizations.

• China’s Robot Workforce Threatens 123 Million Jobs As Prices Drop Below $35,000

  • China’s rapid automation push could displace over 100 million workers as industrial robots become cheaper and more capable.

  • The cost of humanoid labor bots now undercuts low-wage human labor, accelerating adoption across multiple sectors.

  • Economists warn of an urgent need for labor reskilling programs to avoid social unrest and unemployment surges.

CRYPTO

• Coinbase Says Cybercriminals Stole Account Data of Some Customers

  • Coinbase reported a breach where hackers accessed customer account data through a sophisticated phishing and bribery scheme.

  • The attackers exploited a third-party vendor to breach employee systems and collect internal credentials.

  • The company claims customer funds remain safe, but some personal data was compromised in the attack.

• Coinbase Says Hackers Bribed Staff, Demand $20M Ransom

  • Hackers behind the breach allegedly bribed an employee to leak login credentials and infiltrate internal systems.

  • A ransom demand of $20 million was made by the attackers, threatening to release sensitive customer data publicly.

  • Coinbase has reported the incident to law enforcement and is cooperating with ongoing investigations.

• Bitcoin Holds Above $100K While Altcoins Slide

  • Bitcoin remains stable above $100,000 despite a broader selloff in altcoins as investors brace for summer volatility.

  • Analysts forecast a potential summer rally driven by institutional momentum and favorable macro conditions.

  • Ethereum and Solana posted losses, while Bitcoin dominance rose above 55% for the first time since 2021.

CONTENT

• OpenAI, SBF & Perplexity: What VCs Know That You Don’t

  • VCs debate OpenAI’s new leadership and rising stars like Perplexity and Clay in the next wave of AI-led businesses.

  • Discussion spans market shifts, controversial views on SBF’s investing prowess, and Microsoft’s underwhelming layoffs.

  • Highlights a potential VC bubble inflating around frontier AI companies as fundraising intensifies despite shaky fundamentals.

• Reid Riffs on OpenAI’s Transition to a For-Profit, AI in Education, and the Job Market

  • Reid Hoffman explains OpenAI’s shift to a Public Benefit Corporation to align profit and purpose without compromising mission.

  • He examines how AI may revolutionize education delivery while creating fresh challenges for teachers and students alike.

  • Hoffman outlines AI’s dual impact on the job market—displacing roles while enhancing the capacity of those who adapt quickly.

• The AI Revolution Is Underhyped

  • Eric Schmidt argues AI is more underestimated than overhyped, with powerful systems nearing autonomous high-level decision-making.

  • He explores the existential and economic implications of superintelligence, calling for urgent policy frameworks.

  • Schmidt emphasizes human adaptation as essential to thrive alongside AI, comparing the moment to electricity’s arrival.

AND MORE…

• An IP Breakthrough that Rivals Apple and Disney*

  • Imagine what could happen if you combine Disney-level IP with cutting-edge AI and VR tech.

  • Elf Labs is revolutionizing these characters with patented next-gen technology, including AR, VR, and advanced compression algorithms.

  • Invest now—spots are limited!

• Sam Altman Reveals His Goal For ChatGPT

  • OpenAI aims to turn ChatGPT into a memory-rich assistant that retains context from every past interaction.

  • Altman says this would make ChatGPT far more useful, but privacy concerns and data storage ethics loom large.

  • Critics worry about the long-term implications of an AI that remembers everything users say, indefinitely.

• xAI Blames Grok’s Obsession With ‘White Genocide’ On An Unauthorized Modification

  • Elon Musk’s xAI says its Grok chatbot was tampered with by an internal actor, skewing its responses toward racist content.

  • The AI’s promotion of conspiracy theories was reportedly due to a rogue modification of its instruction set.

  • xAI is conducting an internal audit and reinforcing model safeguards to prevent future misuse or bias.

• Crypto Bill Poised For Resurrection After Democrats Hail Changes

  • Lawmakers in Washington have revived bipartisan crypto legislation following tweaks that address Democratic concerns.

  • The revised bill improves stablecoin regulation and investor protections while giving the SEC a supervisory role.

  • If passed, the legislation could provide long-awaited clarity for crypto firms operating in the U.S. market.