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Uber Introduces $1,500 Monthly Cap On AI Coding Tools After Budget Blowout Uber has set a $1,500 monthly cap on employee spending for specific AI coding tools after the company exhausted its entire 2026 budget for those tools in the first four months of the year. The limits apply to agentic coding platforms such as Anthropic’s Claude Code and Cursor, according to Stocktwits. Prior to the caps, some engineers were generating monthly bills between $500 and $2,000 in token consumption as adoption of the tools surged following their rollout in late 2025. In...

Beijing Readies $297 Billion Data Center Buildout Blitz In Bid To Dominate AI Race The US and China are locked in a series of races, with AI now sitting at the center of nearly all of them. This is a race not only to build the leading frontier models, but to deploy them across entire economies, unleash physical AI, and convert compute power into productivity, surveillance, military, and industrial advantage ahead of the 2030s. This is the new world we are entering, and it is moving incredibly fast. The...

Fed Plans To Release Sweeping Bank‑Capital Rule By Late March: Top Regulator Authored by Andrew Moran via The Epoch Times (emphasis ours), Long-awaited banking regulation—also known as the Basel III Endgame framework—will be released next month, said the Federal Reserve’s top banking regulator. Michelle Bowman, vice chair for supervision of the Federal Reserve Board, in Washington on July 22, 2025. Ken Cedeno/Reuters Fed Vice Chair for Supervision Michelle Bowman, appearing at a Senate Banking Committee hearing on Feb. 26, confirmed that regulators are expected to release an updated Basel III proposal at the...