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What happens in Portland doesn't stay in Portland...

OG Anunoby is the player least impacted by NBA Finals pressure.

The three-part docuseries takes a look at the trial from both the defense and prosecutors' perspectives.

King Kylie is the queen of bikinis on the beach.

King Kylie is the queen of bikinis on the beach.

Bet $10, get $200 in bonus bets win or lose with the bet365 bonus code.

The former Republican governor has not issued any public endorsements in the crowded primary race for governor.

A neighborhood in the San Fernando Valley was evacuated Wednesday morning after an apparent explosive device was discovered.

House Speaker Mike Johnson teased that he knows what is going on with mysteriously missing Rep. Tom Kean Jr., but will leave it to the congressman to divulge it.

The strict expectation, known among performers as “character integrity,” is considered one of the most important rules of the job.

IBM Announces Five-Year, $10BN Quantum Investment

IBM is set to invest more than $10 billion in quantum computing over the next five years.

According to the company, the investment will cover R&D, capex, manufacturing scaling, ecosystem partnerships, and M&A; areas that IBM says will help accelerate its quantum roadmap beyond 2029, when it expects to deliver the world's first large-scale, fault-tolerant quantum computer.

The announcement comes two weeks after the US government signed letters of intent with nine quantum computing companies, including IBM. That agreement will see IBM receive $1bn from the Department of Commerce, the largest funding agreement of the nine, to establish a new superconducting quantum foundry subsidiary dubbed Anderon.

At the time, IBM said Anderon would be the first pure-play quantum foundry in the US, adding that the company would match the $1bn from the Department of Commerce to fund the initiative. The subsidiary will be headquartered in Albany, New York, and will operate as a standalone company, manufacturing 300mm quantum wafers.

"The quantum era is no longer ahead of us, it has started. Our clients, partners, and users around the world are tapping into IBM quantum computers to do work that was impossible a few years ago," said Arvind Krishna, chairman and CEO, IBM. "The pace of discovery with quantum computers is accelerating rapidly, and this investment powers our ability to deliver the next generation of quantum hardware, software, and manufacturing."

IBM has been at the forefront of the development of quantum processors and, in February 2025, claimed to have booked $1bn in quantum business between Q1 2017 and Q4 2024. In November of that same year, IBM claimed it would achieve quantum advantage by the end of 2026 and is on target to develop a fault-tolerant quantum computer by 2029.

In April of this year, it was reported that IBM was planning to expand its quantum campus in Poughkeepsie, New York. The company has filed to develop a 511,000 sq ft (47,475 sqm) quantum computing facility at its existing campus and will demolish two buildings to establish the new center, which will be used to manufacture and assemble its next-generation Starling quantum systems.

 

Tyler Durden Wed, 06/03/2026 - 15:45

San Francisco state Sen. Scott Wiener and Pelosi-endorsed Connie Chan advance to the general election in the 11th District.

The "Pod Meets World" host revealed Savage "disappeared" from his life in 2023.

The "Pod Meets World" host revealed Savage "disappeared" from his life in 2023.

The New York judge overseeing Luigi Mangione’s murder trial held a mysterious behind-closed-doors hearing Wednesday – refusing to hear pushback from media covering the high-profile case. Manhattan Supreme Court Justice Gregory Carro huddled with the 28-year-old accused killer – who presumably called in via a video feed from jail – along with prosecutors and Mangione’s...

The Bravo head honcho and Sobieski were seen walking to dinner at Italian hot spot Via Carota on Tuesday night.

The Bravo head honcho and Sobieski were seen walking to dinner at Italian hot spot Via Carota on Tuesday night.

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 April, Uber CTO Praveen Neppalli Naga went on the record saying the company had burned through its entire 2026 Claude Code budget in four months. Roughly 5,000 engineers, monthly usage rates between 84 and 95%, per-engineer bills ranging from $150 to $2,000. Neppalli reportedly torched $1,200 in tokens during a two-hour internal demo. Macdonald would later describe his reaction to learning the number as a "head-exploding moment."

President and COO Andrew Macdonald has been open about the challenge - noting that while AI tools are seeing strong adoption, the direct connection between higher token spend and the delivery of useful new features for customers remains unclear.

A company spokesperson said the new framework is intended to “responsibly encourage agentic AI adoption and experimentation at scale” while keeping costs under control. The restrictions do not apply to all AI tools used at Uber - only the higher-cost agentic coding software.

A Wider Corporate Reckoning on AI Costs

Uber’s move is part of a broader shift among large companies as they confront the real costs of scaling artificial intelligence. Walmart has similarly capped employee access to its internal AI assistant, Code Puppy, after usage far exceeded expectations. The retailer shifted from unlimited tokens to fixed per-employee allocations and is now emphasizing training to ensure AI is used for high-value tasks.

This is what we've been seeing with every company we work with.

Try justifying spending 100k on token spend when only 18k even makes it to a stable prod feature.

In the rush to maximize AI token spend, companies are wasting over 44% on bug fixes https://t.co/9MNOtXtk4Z pic.twitter.com/y68Ed0XwXj

— Aiswarya Sankar (@Aiswarya_Sankar) May 26, 2026

Microsoft has also scaled back internal access to Claude Code for engineers in one of its major divisions, directing staff toward its own GitHub Copilot tools amid rising costs. But then, GitHub started charging for actual use vs. a flat monthly fee.

🦔GitHub Copilot switched to token-based billing this morning and users are already out of credits. Pro+ subscribers paying $39 a month are reporting 60% of their credits gone in two hours of normal use. One user lost 20% of their allowance from a single file review with no code… pic.twitter.com/AnIewV27rE

— Hedgie (@HedgieMarkets) June 1, 2026

Across industries, companies are discovering that agentic AI tools can deliver meaningful productivity gains but often consume tokens at rates that quickly outpace traditional budgeting models. Many organizations initially rolled out these tools with minimal guardrails. The result has been budget overruns and increased scrutiny from finance teams and boards over return on investment.

Rather than abandoning AI, most companies are responding by adding governance: usage dashboards, spending caps, approval workflows, and clearer prioritization of high-value use cases. The goal is to make AI adoption sustainable rather than uncontrolled.

As model efficiency improves and costs per token continue to decline, the economics of AI are expected to become more favorable. For now, the most disciplined organizations are treating AI spending with the same rigor applied to other major technology investments - balancing rapid experimentation with financial accountability.

Tyler Durden Wed, 06/03/2026 - 15:30

Anxiety is building amid social media claims that hackers are using AI to extract fingerprints from people innocently flashing peace signs in posted pics.

The model said she "felt like an undercover lesbian" backstage at the show during a time she was also battling depression and substance abuse.