In its filing with the Securities and Exchange Commission, Bending Spoons said it ended the year with $1.31 billion in revenue and has generated $601 million in Q1, a 132% year-on-year jump. The company gets the majority of its revenue from subscriptions, which account for 84% of its business. It generated $27.4 million in profit in Q1 2026. The company raised funding at an $11 billion valuation last year, up from $2.8 billion in 2024. In April, Reuters reported that the company could seek a $20 billion valuation with the IPO.

Rob Williams knows how to pitch Jeff Bezos: You write a press release as if your product has already been built. Bezos reads it and gives a thumbs up or down. Williams went through this process a lot as an executive on Amazon’s “S-team,” in charge of software products such as Alexa, until his departure last fall. But the pitch he made a few weeks later — in December 2025 — was different. Now he was collaborating with Thomas Reardon, a neuroscientist and repeat startup founder, and approaching Bezos as a funder, not a boss. Here’s what Bezos, sitting on his yacht somewhere, read while Williams anxiously watched on Zoom: “Flourish is a neuro AI company that is solving the two most difficult problems facing AI today: power efficiency and continuous learning. We are building Cortex AI, the first synthetic intelligence system designed to match the computational capacity, learning efficiency, and power budget of the human brain.”

A month later, I’m lunching with Reardon and Williams in the Flatiron neighborhood in New York City. Reardon gets right to the point. AI has dug itself into a hole, he says. Though increasingly powerful, large language models are greedy consumers of computer power and data. Though the inspiration for LLMs was rooted in biology, current frontier models have little in common with the human brain. A person uses about 20 watts of energy to process information; a single chip in an AI training cluster uses more than 30 times that amount. The hyperscalers require thousands of chips and gigawatts of energy, enough to power small cities. And those models need to suck up virtually all of what humans have written. Each new model requires more, more, more. For all of that, the models don’t learn. Once you train them, they’re stuck. The goal, Reardon tells me, is to build “a synthetic artificial intelligence brain that runs on 50 watts or less.” It should adapt to its conditions, be as nimble as a human mind, and burn a tiny fraction of an LLM’s compute power and energy. The proof of concept is thriving inside our skulls. “There’s something fundamentally wrong with saying, “I need to basically read every book ever written 20 times over in order to learn English,’" Reardon says. “A human baby does it with a couple hundred thousand utterances.”

Reardon and Williams haven’t figured out yet how to build systems that match the magic of a human brain. What they have is a belief that an expert, well-resourced team — of AI researchers and neuroscientists working essentially side by side — can find the answer. The neuroscientists will conduct original wet lab experiments with some of the most advanced lab equipment available, to hunt for usable intel on the brain’s architecture. They plan to release the models they’re currently developing as near-term products on the path to a full reinvention of AI. The fuzziness of the proposal didn’t bother Jeff Bezos. After reading Williams’ two-pager, he chipped in $50 million. Other funding came from Lux Capital, Google Ventures, and Catalio, among others. Bezos then almost doubled his initial stake and told Reardon he’d have given more if they’d asked. Now with a war chest of $500 million and a reported valuation of $2.5 billion, Flourish just needs to invent a new way to do AI.

The feature was designed in the open, drawing on how other ecosystems approach the same problem. It is opt-in, and complements rather than replaces existing defenses like mandatory 2FA and trusted publishing… Cooldown is unset by default, so a project without it keeps resolving to the newest versions.... Passing 0 disables cooldown for the run…

Cooldown is most useful as one part of the wider security investment happening on rubygems.org. The registry now validates gem contents at push time and checks logins against Have I Been Pwned so that compromised passwords cannot be reused, work described in Protecting rubygems.org from the outside in. A dedicated team is running AI-assisted vulnerability scanning against the most critical gems, backed by Alpha Omega and Anthropic, and the direction of all of this is tracked on a public roadmap. Trusted publishing and mandatory 2FA already raise the bar for who can push a release in the first place.

It’s common for officers to seek video footage of a crime from any of the Waymos, Teslas and other high-tech vehicles that record their surroundings. That information can be crucial for identifying suspects or creating a reliable timeline of events. At times, police will go so far as to obtain search warrants to tow the vehicle “witnesses" to ensure they don’t lose valuable video evidence. In the Hot 8 Yoga burglary case, San Francisco police issued a search warrant that forced Waymo to turn over information on the account that ordered the ride and video footage from the white Jaguar that served as the getaway car, police records show.

Faye said that he couldn’t discuss certain details of the case, but that the Waymo user’s account information didn’t lead police to the suspect. In general, he said, it’s not unusual for a criminal to order a service with stolen information or a burner phone. The video evidence didn’t help much either, Faye said. He said that the company had not retained interior footage of the car by the time the search warrant was filed in April and that it had kept the faces seen outside the car blurred for privacy reasons… Waymo does not publicly disclose how long it retains video footage. The company blurs faces and license plates in the public-facing images it uses in a database designed for research....

Last year in Los Angeles, a person allegedly robbed a grocery store before hopping in a Waymo. Officers were able to chase down the vehicle after the suspect got inside, and the car pulled itself over after police turned on the car’s emergency lights, according to Los Angeles-area news outlets.

Several large data centers and crypto facilities planning to connect to the Texas power grid ahead of peak summer demand have failed key reliability tests, raising the risk of power outages just as electricity use hits its seasonal high, according to the state grid operator… Unlike traditional industrial customers, which tend to draw electricity steadily and predictably, data centers are engineered to cut their connection to the grid at the first sign of trouble to protect their equipment and keep services running. That makes them an unpredictable and potentially destabilizing force on grids already under pressure from rising demand. Four groups of unnamed large electricity users, including data centers, abruptly disconnected from the Texas grid during a test of how they would handle routine voltage disturbances, the Electric Reliability Council of Texas (ERCOT) said in a report dated May 21.

When large customers abruptly cut their power use, it can knock the grid off balance and trigger wider outages. ERCOT, which manages electricity for most of Texas, said it reviewed about 20 gigawatts of large customers seeking to connect to the system, including eight projects totaling roughly 3.9 gigawatts aiming to start up before July 1. It said it identified four groups of large power users that could each trigger more than 5,000 megawatts of demand tripping under certain fault conditions, based on simulations of transmission system disturbances. Those abrupt drops in demand were equivalent to the electricity consumption of a large city such as Boston.

San Diego police had a description of the Alfa Romeo car he was riding in [but no license plate number] and a witness who identified him during a curbside lineup as the man who brandished a handgun in Golden Hill. They had also checked the city’s automatic license plate camera system, run by the private company Flock, and got a “hit,” substantiating the claim. The problem, says attorney Alex Coolman, was that Parra was five miles away from Golden Hill at the time of the crime, and the so-called hit from the license plate reader was captured before any police pursuit began. “This Flock hit was obviously the wrong car, as it could not have been in both places simultaneously,” said Coolman, who represents Parra and the driver, 23-year-old Ariel Beltran.

Despite the signs pointing to it being a different Alfa Romeo, police arrested Beltran and Parra… [An officer had informed dispatch that one of the men “matched the victim’s description, other than having a different-colored hooded sweatshirt.”] Parra spent nearly one month behind bars, missing Thanksgiving and other special events with his family, before the assault with a firearm and evasion charges were dropped.

Expertise for developing space exploration products “can come from lots of seemingly unrelated industries,” said Jonathan Cirtain, CEO of Axiom Space… The new product follows Prada’s splashy foray into space fashion in 2024 with the unveiling of a spacesuit that is expected to be used for NASA’s anticipated Artemis 4 moon landing in 2028…

Other fashion and apparel companies have jumped on the space bandwagon. Under Armour has partnered with spaceflight company Virgin Galactic to create space apparel, while Columbia Sportswear has worked with space exploration company Intuitive Machines on space fabric technology.

STERN: “They’re hiring people on Facebook Marketplace to drill out the light for as much as $100. According to our reporting, folks are offering this service in at least 30 states — despite Meta’s attempts to stop it… In most states, we found multiple listings. In the New York and New Jersey area alone there were 23 listings.”

The Fortune 500 list ranks the largest U.S. companies by revenue. This year, 57 of the top companies are headquartered in Texas, compared with California’s 56. It’s a reversal from two years ago when the Golden State had the pole position…

California’s corporate haters say they try to avoid the state’s high costs, income taxes and strict regulations, but the western state is still a top money maker. “California dominates on nearly every other measure: its Fortune 500 companies are the most profitable ($647 billion), most valuable ($20 trillion), and employ more people than any other state (2.8 million workers),” Fortune said in a news release. Indeed, despite the naysayers, Californian companies have been leading the world in developing artificial intelligence technology as well as the latest in space and defense tech. The state is home to nearly 400 “unicorns,” or billion-dollar startups — more than any other state, according to CB Insights. It also gobbled up nearly two-thirds of U.S. venture capital last year, with San Francisco Bay Area startups such as OpenAI leading the way, according to the business information platform Crunchbase.

Texas and California have been in a tug-of-war for the crown. In 2024, after a decade, California bagged the top spot with 57 companies on the list, while Texas and New York tied in second with 52 companies each… The fourth spot was tied between Illinois and Ohio, with 29 companies each.

Amazon was the top company on the list, ending Walmart’s 13-year reign at the top of the annual Fortune 500 companies list. Amazon’s 2025 revenue was $716.9 billion, compared with Walmart’s $713.2 billion. Seattle-headquartered Amazon joined Exxon Mobil, General Motors, and Walmart as the only four companies to have ever held the top position since Fortune began publishing the data in 1955.

Publishers can decide to switch off a game’s servers, often leaving it effectively unplayable. Stop Killing Games, a growing consumer rights campaign started by American YouTuber Ross Scott in 2024, is challenging that practice. In January, the group submitted a petition featuring nearly 1.3 million signatures to the European Commission, triggering a public hearing in the European Parliament in April. What began as an online campaign is now awaiting a decision from one of the EU’s most powerful institutions…

Scott’s campaign began following an announcement from the major studio Ubisoft, saying it would shut down the online-only racing game The Crew in 2024… Ubisoft has already defended its position in court. Responding to a proposed class-action lawsuit brought by two The Crew players in California, the studio argued that customers had purchased a licence to use the game, not unlimited ownership rights, and that players had been warned online services would not be available forever. The lawsuit was dismissed without prejudice in June 2025, after the plaintiffs voluntarily withdrew the case. The wider games industry has also pushed back against the campaign. Video Games Europe, which represents many of the industry’s largest publishers, said shutting down online services “must be an option” when games are no longer commercially viable. It also warned that some of the campaign’s proposals could make online-only games significantly more expensive to develop.

“In no way are we asking companies to keep servers running or services going, they can end it any time they want,” said Scott. Instead, he and his fellow campaigners argue that when a game is shut down it should be done “responsibly”, with publishers considering “end-of-life plans” such as updating the game to work offline or releasing software that allows players to continue running it.

• “In March, French consumer group UFC-Que Choisir launched legal action against Ubisoft over the shutdown of The Crew, arguing that players were misled about the permanence of their purchase and that some of the company’s contract terms were unfair.”

• “The European Commission must respond to the European Citizens’ Initiative — the petition brought by the group — by 27 July.”

Thanks to Alain Williams — Slashdot reader #2,972 — for sharing the article.

• Quine Pong. “Running the program produces the source code to generate the next frame, formatted to display the current frame. By repeatedly compiling and running each successive frame, you can play the game. To move, pass either “w” (up) or “e” (down) as an argument…”

• A winning Taiwanese programmer formatted their source code in the shape of a Tardis from Doctor Who — code that displays an intricate ASCII animation of Doctor Who’s 1963 opening title sequence.

• One winning entry emulates an IBM 7040 mainframe, first converting a program (encoded in whitespace) into ASCII-character drawings of punchcards for a FORTRAN program — and then executing that program to calculate the light visible to an observer looking at black hole, ultimately creating an image. It’s all recreating what astrophysicist Jean-Pierre Luminet had to do in 1978 to generate the first-ever simulated photograph of a black hole (on an IBM 7040 mainframe). “The entry can also run other FORTRAN programs — but “they must be provided as a deck of punch cards… Tools have been provided to convert to/from decks and to interpret…”

“We have added fun challenges to this year’s winning entries competition…” the web site notes. “After you figure out what a given winning entry does, we encourage you to attempt the fun challenge!”

Thanks to long-time Slashdot reader achowe for bringing the news (who has submitted winning entries in four different decades, starting in 1991 and continuing through 2025) — and who won again this year for a program simulating the Space Invaders-like game from Casio’s 1980 MG-880 calculator.

Follow the IOCCC on Mastodon.

007 First Light is estimated to have sold 2.2 million copies, generating $150 million in revenue… [Saturday IGM reported sales had jumped to 3 million copies.] The only official sales data we have comes from developer IO Interactive, which said that 007 First Light had become the fastest-selling game in the company’s history, shifting 1.5 million copies in its first 24 hours… The impressive sales milestone was achieved without the aid of the Nintendo Switch 2 version, which is due out this summer. The James Bond adventure is also the highest rated IOI game ever, with an 87 on Metacritic…

The developer has said it wants to make a trilogy of James Bond games.

For decades, string theory promised a “theory of everything” that described all particles and forces as tiny vibrating strings. Physicists hoped it could also solve one of the field’s deepest problems: reconciling quantum mechanics with gravity. But as string theory grew increasingly elaborate — and experimentally unreachable — many physicists lost hope.

Now, some researchers are revisiting the theory from first principles. In a paper in press at Physical Review Letters, Clifford Cheung, a physicist at the California Institute of Technology, and colleagues lay out a small set of assumptions about the universe and show that they inevitably give rise to string theory.... Cheung’s study, along with another one posted to arXiv in January, starts with two reasonably conservative assumptions: that the probabilities of all possible outcomes of an event add up to 100%, and that the laws of physics are consistent for observers moving at different speeds. Each group then posits additional assumptions that have not been borne out by observations. Cheung’s analysis invokes "ultrasoftness,” the idea that the probability of certain particle interactions drops off at a particular rate at high energies. The second study, led by University of Michigan physicist Henriette Elvang, instead assumes “supersymmetry,” a maximal coupling between matter and forces. Both groups conclude the only theory that can satisfy their assumptions is one that looks like string theory…

Cheung and Elvang stress that their aim is not to prove the inevitability of string theory. “I don’t have a dog in the fight; I just work here,” Cheung says. Rather, the goal is to explore the space of possible theories under rigid constraints — regardless of whether they reflect reality… The one thing the researchers all agree on is that the field would benefit from more alternative models to string theory. Cheung sees the agnostic, bottom-up exploration as a step in that direction. “You can either give up on the problem because it’s too culturally toxic, or you can ask: If you want to find an alternative, what do you need?” he says. “Now, we know exactly what to do.”

The campaign promotes fake AI-powered investment platforms such as Wencoin STX, Warrior Coin AI, and Nevo Coin, using fabricated celebrity endorsements, cloned news websites, fake interviews, and invented financial success stories to lure victims into depositing money. Researchers Andrea Olariu and Emanuel Puscasu have identified multiple promoted Reddit posts masquerading as legitimate financial or breaking news stories.

Some ads claimed that:

— NVIDIA and OpenAI were “creating the future”
— Heathrow police discovered hundreds of thousands of pounds in cash
— Governments and banks were allegedly trying to “hide” a revolutionary AI investment platform
— European regulators were “silencing” articles about AI trading systems

Some Reddit ads delivered in video format, including what appeared to be a deepfake BBC news segment featuring a news anchor presenting fabricated financial headlines… Examples observed by researchers included:

— Fake BBC pages discussing "$20 billion conversations” tied to AI investments
— Fraudulent Financial Times articles about Heathrow airport cash seizures
— Fake Guardian stories claiming governments were trying to suppress coverage of Wencoin STX or Nevo Coin

The pages featured fabricated interviews, fake profit screenshots, manipulated banking documents, false testimonials, and even fictional journalists or business editors designed to make the scam look legitimate. In many cases, the content sought to create a sense of exclusivity or conspiracy, suggesting that banks, regulators, or governments were trying to suppress public access to the investment platform…

Our researchers found that after users clicked links embedded within the fake Guardian articles, they were redirected to a registration form allegedly used to create a “Nevo Coin” investment account. The form requested personal contact information, including the victim’s name, email address, and phone number. To increase pressure and encourage immediate action, the page warned that registration availability was limited, claiming that once all spots were filled, new user registrations would be suspended.

Though the CEO said he couldn’t support Sanders’ threshold of 50%, he nonetheless wanted to work with him to advocate for the general idea, according to people with knowledge of the conversation. The nearly hourlong meeting in Sanders’ Senate office this week, held at Altman’s request, highlighted the inherent tension between AI powerhouses and policymakers as Americans are increasingly asked to accept the costs of the AI boom even as they remain unconvinced of its direct benefits.

Yet it’s also creating odd political bedfellows fueled by populism as politicians from Sanders to President Donald Trump embrace giving the public a stake in AI’s growth. Speaking to reporters on Air Force One on Friday, Trump described a potential partnership “where the American people can benefit from the success of AI” and said executives from leading AI companies will visit the White House, “probably next week,” to discuss the idea.