News — 2026-05-28

Elon Musk said on X that SpaceX’s agreement with Anthropic to use the Memphis‑based Colossus 1 data centre is a 180‑day lease with a mutual 90‑day cancellation right, contrary to earlier reports of a three‑year, $1.25 billion‑per‑month contract. The clarification comes as SpaceX prepares its IPO roadshow, raising questions about the deal’s financial impact. Read more

General Compute, a startup focused on AI inference services, announced a $15 million seed financing round led by FUSE VC, with participation from Carya Venture Partners and Village Global Ventures. The fresh capital will fund the deployment of SambaNova’s new SN50 inference chips in a “neocloud” model that rents out processing power for real‑time AI applications. By choosing air‑cooled, low‑power hardware, the company aims to sidestep costly data‑center upgrades and tap existing facilities, including repurposed crypto‑mining sites. The move positions General Compute at the forefront of a shifting AI hardware landscape that increasingly favors specialized inference chips over traditional GPUs. Read more

Three days after the Vatican’s encyclical urged a ban on autonomous weapons, Arthur Mensch, chief executive of French AI firm Mistral, defended his company’s defense‑AI work. Mensch argued that Europe cannot afford to halt development while rival states continue to field AI‑driven systems. The clash pits the Pope’s moral appeal for strict self‑defense against a growing European defense industry that sees AI as essential to national security. Both sides agree on the legitimacy of self‑defense, but they differ on the threshold required to deploy lethal AI. Read more

At its first annual conference in Paris, French AI firm Mistral launched “Mistral for Industrial Engineering,” a physics‑aware AI stack built around its recent Emmi acquisition. Airbus, BMW, EDF and shipping group CMA CGM were announced as the inaugural deployments. The solution uses simulation surrogate modelling to replace costly physics simulations with neural‑network predictions that run in seconds. Mistral positions the offering as a European alternative to U.S.‑focused foundation‑model labs, targeting aerospace, automotive, energy and logistics sectors. Read more

Google's new AI-powered Search overview feature stumbled over elementary spelling tasks, miscounting letters in common words like "Google" and "journalism." The company acknowledged the flaw, citing it as a known challenge for large language models and saying engineers are working on a fix. The incident follows a recent glitch that returned a nonsensical definition for "disregard." Experts explained that the underlying token‑based architecture of generative AI struggles with precise character‑level analysis, underscoring the technology’s current limitations despite its rapid rollout. Read more

Cognition AI announced a financing round exceeding $1 billion, pushing its valuation to $26 billion. The Seattle‑based firm said revenue jumped from $37 million to $492 million in a year, and its AI coding agent Devin now writes more than 90% of the company’s internal software. Investors include Lux Capital, General Catalyst and 8VC, with participation from Ribbit Capital, Atreides Management and Founders Fund. Customers such as Goldman Sachs, Mercedes‑Benz, NASA and U.S. government agencies rely on Devin for end‑to‑end code generation, positioning Cognition at the forefront of the AI‑driven software market. Read more