Fed Chair Powell out

Max

        May 15, 2026

Fed Chair Powell out

Fed Chair Powell out · TensorMax

Plus: IBM releases multilingual embedding models, Cerebras Systems raises $5.5B in IPO

TensorMax

Daily AI Market Intelligence

Friday, May 15, 2026
2:45 PM ET · 2 min read

          By the TensorMax editorial team
           ·  Drawing from sources across the AI industry

Today's top story

model release

NVIDIA releases Vera Rubin platform with Groq 3 LPX and Vera Rubin NVL72 for agentic AI workloads

More from today

market event

Carta acquires Avantia, a UK-based AI-powered law firm, for an undisclosed amount

benchmark result

OpenAI's models have been involved in several deadly incidents, including a suicide and a mass shooting

benchmark result

Jiuzhang 4.0 completes Gaussian boson sampling task in 25 microseconds, outperforming the world's fastest supercomputer

other
$2.9B

Samsung union strike expected to cost company over $2.9bn in direct semiconductor revenue

product launch

Anthropic's Mythos AI tool helped researchers find a macOS kernel exploit, which Apple is now reviewing

model release
$20M

Anthropic releases /review-contract, a contract review skill for Claude Cowork

Catch up quick

Isomorphic Labs raises $2.1 billion in Series B funding

Cerebras raises funds through successful IPO, priced at $185 and closing 68% above at $311

Cerebras valuation reaches $66 billion after IPO

IBM releases two new multilingual embedding models: granite-embedding-97m-multilingual-r2 and granite-embedding-311m-multilingual-r2

The EU AI Act introduces transparency obligations for providers and deployers of certain AI systems, effective August 2026

The global BESS market is projected to rise from $50.81 billion in 2025 to $105.96 billion by the end of the decade

OpenAI sued by spouse of FSU shooting victim over use of ChatGPT to plan shooting spree

Kevin Warsh to become Federal Reserve Chair as Jerome Powell's chairmanship ends

The B2B customer base is shifting towards AI-native companies, with 75% of SaaStr's sponsor base turning over in 12 months

Cerebras Systems raises $5.5B in IPO

North Korea-linked hackers used AI to steal $600 million from DeFi protocols Drift Protocol and Kelp DAO in April

Honda absorbs $9 billion EV loss

Granite Embedding Multilingual R2 achieves state-of-the-art results on MTEB Multilingual Retrieval, outperforming other models in its class

Anthropic's research shows that more than half of blockchain exploits in 2025 could have been done autonomously using AI agents

Anthropic introduces Routines for Claude Code automation

Also on the desk

Elon Musk's lawsuit against OpenAI, Sam Altman, and Microsoft is being deliberated by a California jury
Anthropic partners with FIS to push out Claude to the wider FSI market
SpaceX's IPO prospectus could drop as early as next week, according to sources
Cerebras Systems Inc. goes public with IPO, surging 68% on Nasdaq debut, reaching market cap of around $95 billion
Researchers demonstrate LLM-based persuasion can override guardrails in frontier LLMs, including Claude, Qwen, and Grok, to produce essays denying scientific consensus

Cutting-room floor.Hit reply with one thing you'd delete from today's brief. Filler, repeated beats, a story you skimmed — that's the feedback we act on.
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