Polymarket

BREAKING: DELL expects its AI server revenue to hit roughly $50 billion in fiscal 2027, more than double the prior year, as demand from hyperscalers and AI companies continues to surge. Here are the details: The company raised its overall fiscal 2027 revenue forecast to $138 to $142 billion, well above Wall Street's $125.5 billion estimate, with adjusted EPS seen at $12.90 versus consensus of $11.59. In the latest quarter Dell delivered record revenue of $33.4 billion and beat on earnings, with its infrastructure solutions group surging 73 percent to $19.6 billion. COO Jeff Clarke said customers moved quickly past initial sticker shock on pricing and are aggressively securing supply amid tight availability. Dell now has over 4,000 AI server customers, including xAI and CoreWeave. The outlook reflects the broader boom in AI infrastructure spending, with major tech firms projected to invest at least $630 billion this year. Dell also raised its dividend 20 percent and added $10 billion to its buyback authorization. #dell #ai #xAI #coreweave #revenue #finance

NEW: Meta is reportedly developing an AI-powered pendant wearable and plans to begin testing it within the next year, according to an internal memo viewed by The Information. The device builds directly on Meta’s acquisition of Limitless at the end of 2025. Limitless had already created a pendant that users could clip to their shirt or wear as a necklace to record conversations and leverage AI. The new pendant is part of Meta’s broader push into AI-enabled wearables, which also includes expanding its lineup of AI glasses. The company is also planning a business-focused subscription called “Wearables for Work.” This effort comes as Meta tries to turn around losses in its Reality Labs hardware division, which lost $4 billion in the first quarter alone. Previous attempts at standalone AI wearables from other companies have struggled with privacy concerns and limited usefulness, but Meta appears determined to keep investing in the category. The pendant would join Meta’s existing Ray-Ban Meta smart glasses as another hardware product aimed at bringing AI into everyday life through always-on listening and contextual assistance. Follow Polymarket to stay in the loop. #Meta #Zuckerburg #AI #RayBan #Limitless

BREAKING: Amazon has shut down an internal AI leaderboard after employees started gaming the system to boost their scores, leading to unnecessary AI usage and higher costs. The leaderboard tracked how much employees used AI tools on Amazon's Kiro developer platform, with the goal of driving adoption. Workers responded by running pointless tasks and using extra tools just to generate more token consumption and climb the rankings. Amazon senior vice president Dave Treadwell publicly told staff, "Please don’t use AI just for the sake of using AI." The company confirmed the dashboard was never an official tool and has now been deprecated. Amazon is shifting focus to a new metric called "normalised deployments," which measures actual useful code created with AI rather than raw token usage. The incident highlights the growing challenge companies face as they push AI adoption while trying to control spiraling infrastructure and compute costs. Amazon is expected to spend around $200 billion on capital expenditures this year, much of it tied to AI and data centers. The episode shows how well-intentioned internal incentives can backfire when usage-based pricing makes every extra token expensive. #Amazon #AI #Claude #ChatGPT #Anthropic

JUST IN: OpenAI is reportedly holding talks to bring Citigroup and JPMorgan into the banking group handling its planned IPO. Here are the details: This expands the team that already includes Goldman Sachs and Morgan Stanley as lead underwriters. According to people familiar with the matter, the discussions are part of ongoing preparations for what could become one of the largest initial public offerings in history. OpenAI is expected to file its IPO paperwork confidentially with regulators within the next few weeks, with the actual listing potentially taking place later this year. The move signals that OpenAI is accelerating its path to the public markets as the Microsoft-backed creator of ChatGPT continues rapid growth and faces intense competition in the AI space. Adding two more major banks would strengthen the underwriting syndicate and help manage what is widely anticipated to be a massive and high-profile debut. The talks come amid broader momentum in the AI sector, with rival Anthropic recently raising funds at a near $1 trillion valuation and also moving toward its own potential listing. For OpenAI, the IPO would mark a major milestone after years of explosive growth and heavy investment from Microsoft. #OpenAI #ChatGPT #Anthropic #IPO #Microsoft #JPMorgan #GoldmanSachs

BREAKING: DELL expects its AI server revenue to hit roughly $50 billion in fiscal 2027, more than double the prior year, as demand from hyperscalers and AI companies continues to surge. Here are the details: The company raised its overall fiscal 2027 revenue forecast to $138 to $142 billion, well above Wall Street's $125.5 billion estimate, with adjusted EPS seen at $12.90 versus consensus of $11.59. In the latest quarter Dell delivered record revenue of $33.4 billion and beat on earnings, with its infrastructure solutions group surging 73 percent to $19.6 billion. COO Jeff Clarke said customers moved quickly past initial sticker shock on pricing and are aggressively securing supply amid tight availability. Dell now has over 4,000 AI server customers, including xAI and CoreWeave. The outlook reflects the broader boom in AI infrastructure spending, with major tech firms projected to invest at least $630 billion this year. Dell also raised its dividend 20 percent and added $10 billion to its buyback authorization. #dell #ai #xAI #coreweave #revenue #finance

BREAKING: Microsoft is facing sharp backlash after threatening a security researcher known as Nightmare Eclipse with a criminal investigation over the public disclosure of multiple unpatched vulnerabilities. The researcher published details and proof-of-concept exploits for several zero-day flaws, including issues in Windows Defender and BitLocker. Microsoft accused them of irresponsible disclosure, claiming the bugs were not properly reported for fixing first, and said its Digital Crimes Unit could refer the case to law enforcement. Microsoft also revoked the researcher's access to its Security Response Center and banned their accounts on GitHub and GitLab. The move has drawn strong criticism from the security community. Veterans like Katie Moussouris and former Microsoft employee Kevin Beaumont called out the company's heavy-handed response, warning it could discourage responsible bug reporting and damage trust. Some of the disclosed vulnerabilities have already been exploited in real-world attacks, according to Microsoft and CISA. The incident has reignited debate over coordinated disclosure practices versus public transparency when companies allegedly mishandle reports. #Microsoft #backlash #security

BREAKING: Anthropic raised $65 billion in its Series H round at a $965 billion post-money valuation, pushing it close to a $1 trillion valuation ahead of a potential IPO. The round was co-led by Altimeter Capital, Dragoneer, Greenoaks, Sequoia, and others, with participation from Amazon and infrastructure partners like Samsung and SK Hynix. It includes $15 billion in previously committed capital. The company’s run rate revenue recently crossed $47 billion, with expectations of 130 percent revenue growth this year as it moves toward its first operating profit. Funds will go toward advancing safety research, expanding compute capacity for Claude demand, and scaling products. The latest Opus 4.8 model and upcoming wider rollout of Mythos-class models are part of the push. This positions Anthropic as one of the most valuable AI companies, competing directly with OpenAI in the race toward public markets. #Anthropic #Claude #Valuation #IPO #SeriesH

NEW: A company accidentally racked up a $500,000,000.00 bill on Claude AI in a single month after failing to set any usage limits or spending controls. Here's how: The unnamed enterprise let thousands of employees, including developers running extended coding sessions, teams deploying AI agents for chained workflows, and staff using large-context prompts, burn through tokens without restrictions. What started as unrestricted access quickly spiraled into one of the largest single-month AI spend shocks reported so far. An AI consultant revealed the incident to Axios, noting it as a stark example of how enterprises initially treated generative AI tools like flat-fee SaaS rather than token-based, usage-heavy infrastructure. Similar cost explosions have hit other firms, with Microsoft reportedly canceling many internal Claude Code licenses after engineers racked up hundreds to thousands per month, and Uber burning through its entire 2026 AI budget by April. Companies are now scrambling to implement proper guardrails: role-based access, token audits, output reuse policies, hard budget caps, and monitoring dashboards. Without tight controls, AI adoption can generate massive, unexpected costs even as it delivers productivity gains. #AI #Claude #Anthropic #code

BREAKING: DELL expects its AI server revenue to hit roughly $50 billion in fiscal 2027, more than double the prior year, as demand from hyperscalers and AI companies continues to surge. Here are the details: The company raised its overall fiscal 2027 revenue forecast to $138 to $142 billion, well above Wall Street's $125.5 billion estimate, with adjusted EPS seen at $12.90 versus consensus of $11.59. In the latest quarter Dell delivered record revenue of $33.4 billion and beat on earnings, with its infrastructure solutions group surging 73 percent to $19.6 billion. COO Jeff Clarke said customers moved quickly past initial sticker shock on pricing and are aggressively securing supply amid tight availability. Dell now has over 4,000 AI server customers, including xAI and CoreWeave. The outlook reflects the broader boom in AI infrastructure spending, with major tech firms projected to invest at least $630 billion this year. Dell also raised its dividend 20 percent and added $10 billion to its buyback authorization. #dell #ai #xAI #coreweave #revenue #finance

BREAKING: Anthropic is preparing to roll out its most powerful Claude Mythos models to all customers in the coming weeks, while also launching the upgraded Opus 4.8. Here's what we know: Mythos represents a new tier of model, larger and more capable than previous Opus versions. It was first revealed in leaks earlier this year and initially deployed in limited preview through Project Glasswing, a cybersecurity initiative with partners including Microsoft, Amazon, and Apple. The model excels at identifying software vulnerabilities, agentic coding, long-horizon autonomous tasks, and real-world software engineering work. Early benchmarks showed Mythos significantly outperforming prior Opus models in areas like SWE-bench Pro and cybersecurity vulnerability reproduction. However, its advanced capabilities also raised notable security risks, which is why Anthropic kept broader access restricted while developing stronger safeguards. Opus 4.8 serves as a more widely available upgrade in the meantime, building on Opus 4.7’s improvements in coding, vision, and multi-step reasoning. It adds gains in memory, autonomous work, and overall performance. Anthropic’s strategy appears focused on carefully expanding access to its highest-end models while refining safety measures. The company has said it aims to eventually deploy Mythos-class models at scale once safeguards are proven. This rollout comes as competition intensifies among frontier AI labs racing to deliver more agentic and capable systems. Polymarket has a 51% chance Mythos will be released by the end of June. #Mythos #Claude #AI #Anthropic #Opus