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The $19B "Nuclear AI" Energy Startup That Couldn't Sign a Single Client Published on 2026-05-02T21:34:00Z "Nuclear AI startup" Fermi had hoped to build power plants generating 17 gigawatts of electricity, remembers Bloomberg, "three times the amount typically consumed by New York City." Hyperscalers could install their data centers on the site itself and tap directly into that power, which would come first from natural gas turbines and later from nuclear reactors. The pitch ticked so many boxes — artificial intelligence, nuclear energy, political connections — that some investors found it irresistible. Fermi went public in October worth more than $19 billion in market value, despite reporting no revenue or signed customers. Now, the startup's board has fired its top executive, Toby Neugebauer, after months of negotiations failed to secure a single client. Chief Financial Officer Miles Everson left as well... Fermi's stock, meanwhile, has t...

Using Drones for Cloud-Seeding Can Trigger Rain, Company Claims Published on 2026-05-02T20:34:00Z Monday a company called Rainmaker announced their rain-triggering technology had produced 143 million gallons of freshwater for Utah and Oregon residents — making them "the first private company in history to validate the results of cloud seeding operations." The Deseret News reports: Founded in 2023, Rainmaker uses drones to disperse silver iodide into clouds, then they track precipitation with advanced radar. However, Rainmaker — and every other rain-enhancement company — has been up against the notoriously difficult challenge of validation. Since there is no control set to test, and because the weather is chaotic and variable, the Government Accountability Office declares the benefits of the technology to be "unproven." To overcome this evaluation challenge, Rainmaker flies drones in unique patterns when seeding. Then operators compare distinct radar and satelli...

What if Tech Company Layoffs Aren't All About AI? Published on 2026-05-02T19:34:00Z "Running a Big Tech company during Silicon Valley's AI mania may not necessarily require fewer workers or cost less," writes the Washington Post: Amazon, Google and Meta together have roughly the same number of employees now as they did during an industry-wide hiring binge in 2022, company disclosures show. Growing costs for technical workers and related expenses have often outpaced sales recently. The tech giants' big AI bet hasn't yet paid for itself. That means AI might be killing jobs not through its labor-saving wizardry but by increasing spending so much that CEOs are pressured to find savings, giving them cover to consciously uncouple from their workforces. Marc Andreessen, a prominent start-up investor and a Meta board director, put it bluntly on a recent podcast. Big company layoffs are a fix for overstaffing and changing economic conditions, he said, but AI provi...

An Amateur Just Solved a 60-Year-Old Math Problem - by Asking AI Published on 2026-05-02T18:34:00Z Slashdot reader joshuark writes: Scientific American reports that a ChatGPT AI has proved a conjecture with a method no human had developed. A 23-year-old student Liam Price just cracked a 60-year-old problem that world-class mathematicians have tried and failed to solve. The new solution that Price got in response to a single prompt to GPT-5.4 Pro was posted on www.erdosproblems.com, a website devoted to the Erds problems. The question Price solved — or prompted ChatGPT to solve—concerns special sets of whole numbers, where no number in the set can be evenly divided by any other... Price sent it to his occasional collaborator Kevin Barreto, a second-year undergraduate in mathematics at the University of Cambridge. The duo had jump-started the AI-for-Erds craze late last year by prompting a free version of ChatGPT with open problems chosen at random from the Erds problems w...

AI Agent Designed To Speed Up Company's Coding Wipes Entire Database In 9 Seconds Published on 2026-05-01T22:00:00Z joshuark shares a report from Live Science: An AI coding agent designed to help a small software company streamline its tasks instead blew a hole through its business in just nine seconds. PocketOS founder Jer Crane, said that the AI coding agent Cursor --powered by Anthropic's Claude Opus 4.6 model -- deleted the company's entire production database and backups with a single call to its cloud provider, Railway, on April 24. [...] "This isn't a story about one bad agent or one bad API [Application Programming Interfaces]," Crane wrote in an X post. "It's about an entire industry building AI-agent integrations into production infrastructure faster than it's building the safety architecture to make those integrations safe." Crane's company, PocketOS makes software for car rental companies, handling tasks such as reservatio...

Pentagon Reaches Agreements With Top AI Companies, But Not Anthropic Published on 2026-05-01T21:00:00Z The Pentagon says it has reached deals with seven AI companies -- SpaceX, OpenAI, Google, Nvidia, Reflection AI, Microsoft, and AWS -- to deploy their tools on classified Defense Department networks. The odd one out is Anthropic, which remains excluded after being labeled a supply-chain risk amid a dispute over military-use guardrails. Reuters reports: SpaceX, OpenAI, Google, Nvidia, Reflection, Microsoft, and Amazon Web Services (AWS), several of which already work with the Pentagon, will be integrated into its secret and top-secret network environments, providing more military access to their products for use on sensitive topics, the Pentagon said in a statement. The lesser-known Reflection AI, which raised $2 billion in October, is backed by 1789 Capital, a venture capital firm in which Donald Trump Jr. is a partner and investor. Since the Pentagon deemed Anthropic's produc...

ICANN Opens Applications For New Generic Top-Level Domains Published on 2026-05-01T20:00:00Z ICANN has opened applications for new generic top-level domains for the first time since 2012. The Register reports: ICANN hasn't offered new gTLDs since 2012, but on Thursday opened applications for new domains in 27 scripts. A 439-page Applicant Guidebook explains the process. The Register suggests paying attention to the string evaluation FAQ, which explains which gTLDs are valid, and those ICANN will likely frown upon. An FAQ describes this round of applications as giving "businesses, communities, and others the opportunity to apply for new top-level domains tailored to their community, culture, language, business, and customers." "A TLD can be a branding opportunity for a business, but the commercial opportunities are endless, allowing businesses in countries, entire sectors, or niche markets to develop a unique label on the Internet." ICANN also sees this round...