Same hull, New configuration for 2027

 Same hull, New configuration for 2027

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There were 11 crew when the AC75 was first introduced for the 36th America’s Cup, with the crew reduced to eight for the next edition and now five sailors for the racing in 2027. With the hulls being reused from 2024, modifications are needed to adapt to the new crew limit.

The first look has come as Team New Zealand has relaunched their AC75 Taihoro at the Wynyard Point base in Auckland. While it is the same vessel that won in Barcelona, it has undergone a significant refit to meet the new rules with three specific modification categories:

• Cockpit Reconfiguration: Extensive work to transition the deck layout for the new crew requirements.
• Structural Rebuilds: The team was permitted to rebuild up to 4sqm of the hull using the same shape but different materials, allowing for localized strengthening or weight optimization.
• Functional Rebates: Modifications were made to add rebates to maximize aerodynamic efficiency. - Full report and video

 

The AI…it filled the code with bugs

Sebastian Kahnert/Getty Images

The amount of bugs popping up in AI-generated code is reaching the loose Sour Patch Kids under a camper’s bunk level. Amazon’s e-commerce senior VP, Dave Treadwell, called an all-hands for engineers at the company yesterday to address the growing frequency of outages, some of which can be traced back to code developed by generative AI, according to the Financial Times. Treadwell urged e-commerce engineers to attend this week’s (normally optional) meeting, noting that the “availability of the site and related infrastructure has not been good recently.” Last week, Amazon’s store malfunctioned for a few hours, which the company attributed to “a software code deployment.” And Amazon’s cloud services unit, AWS, had at least two large outages recently related to AI coding assistants. In December, the company’s cost calculator was down for 13 hours when Kiro, its AI coding tool, tried to change the code, and delete and remake the entire system. Though Amazon downplayed the meeting as routine in comments to the FT, the paper reported that Treadwell told employees that senior engineers will now need to sign off on AI-assisted changes made by junior and mid-level engineers. It’s not just Amazon Vibe-coding, in which developers simply tell AI what they need and sit back, is on the rise. Anthropic released Claude Code in February last year and passed $1 billion in annualized recurring revenue by November. Other tech giants have put out rival coding programs to try and snag those enterprise accounts. But while AI might code faster…it’s usually a lot messier: A report last year from software company CodeRabbit found that out of 470 pull requests (engineer speak for bug fixes or changes in code), AI code had 1.7 times more issues than human code. An expensive solution. Anthropic rolled out a review tool yesterday in Claude Code to (hopefully) catch those vibe-coded mistakes—but with each pull request costing up to $25, it may get pricey fast.

Ottawa Invests $100M in Grid Upgrades for Western Canada Mining

Ottawa Invests $100M in Grid Upgrades for Western Canada Mining

March 9, 2026
Reading time: 2 minutes

Full Story: The Energy Mix
Nathaniel Crouch



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The federal government is investing more than C$100 million in three Western Canadian transmission projects, underscoring the consensus that Canada’s clean-energy transition depends as much on wires as it does on wind turbines and solar panels.

Announced March 3, the funds will be drawn from Canada’s First and Last Mile Fund for critical minerals infrastructure, reported The Globe and Mail. Ottawa is providing $44.2 million to expand the Northwest Transmission Line, improving power supply to B.C.’s mineral-rich Golden Triangle and supporting developments like the Red Chris copper mine expansion and a gold-copper mine proposed by Seabridge Gold. Another grid upgrade will help power the Highland Valley Copper Mine near Kamloops.

In Saskatchewan, $18 million will fund planning and design work for a pair of new transmission lines connecting northern and southern grids. The Athabasca Basin would benefit with new mining opportunities created, Ottawa said.

Responding on LinkedIn to the announcement, New Economy Canada President Merran Smith highlighted how transmission expansions unlock large amounts of power for Canada’s critical minerals push.

We talk a lot about critical minerals, electric vehicles, batteries and artificial intelligence, Smith wrote. “None of these economic opportunities are possible without electricity.”

So “if we’re serious about electrifying the economy, competing in critical minerals, and reaching net-zero, we have to build the grid to match the ambition.”

But permitting challenges, jurisdictional complexity, and fragmented provincial electricity systems have slowed the pace of transmission expansion in Canada. Meanwhile, power demand is expected to rise as climate policy drives rapid electrification—from electric vehicles to heat pumps.

Expanding transmission is also key to addressing the growing risk of stranded renewables infrastructure amid grid congestion—a point recently underscored by analysts at Barclays. Traditionally, the idea of “stranded assets” was associated with fossil-fuel infrastructure rendered obsolete by climate policy. But Barclays now suggests the concept may increasingly apply to renewables when projects cannot connect to the grid or are forced to curtail output because of insufficient transmission capacity. In such cases, even fully built wind and solar installations can struggle to deliver their expected value.

“Slow grid expansion, not technology cost, is the binding constraint on electrification,” write [pdf] the authors of the Barclays report.

Nvidia to invest $4 billion in two photonics companies

Nvidia to invest $4 billion in two photonics companies


Nvidia to invest $4 billion in two photonics companies
Published Mon, Mar 2 20268:36 AM ESTUpdated 55 Min Ago

Kai Nicol-Schwarz@in/kains
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Key Points
Nvidia is investing a combined $4 billion in Coherent and Lumentum, two photonics companies.
Each company will receive $2 billion each from the chip giant as part of the strategic investment.

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Jensen Huang, chief executive officer of Nvidia Corp., speaks during the 2026 CES event in Las Vegas, Nevada, US, on Tuesday, Jan. 6, 2026. Siemens and Nvidia announced an expansion of their strategic partnership to develop industrial and physical AI solutions to bring AI-driven innovation to industrial workflow. Photographer: Bridget Bennett/Bloomberg via Getty Images
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Nvidia is investing a combined $4 billion in two companies developing photonics technologies, as it looks to shore up research pipelines and supply chains to support the major AI infrastructure buildout.

The U.S. chip giant announced on Monday it’s investing $2 billion in Lumentum and the same amount in Coherent.


Both companies are developing optics technology — systems which generate or transmit light and are used in functions like sensing and data transfer.

Lumentum is a U.S.-based company that is developing optical and photonic technologies to power the networks and infrastructure behind AI, cloud computing and next-generation communications.

Coherent, also based in the U.S., develops photonics technology, which refers to harnessing light (photons) to create components and systems that enable high-performance optical applications.

“Together with Lumentum, NVIDIA is advancing the world’s most sophisticated silicon photonics to build the next generation of gigawatt-scale AI factories,” Jensen Huang, founder and CEO of Nvidia, said in a statement.

 

Americans go founder mode

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What do you get when you combine a generation hooked on Shark Tank with a shaky US labor market and worries over job security? Errbody be foundin’. According to the Wall Street Journal: In January, there were more than 532,000 new business applications in the US—up by ~37% from last year and nearly matching the pandemic peak in July 2020. The number of people who list themselves as founders on LinkedIn is up by 69% from a year ago. While fears of AI-induced layoffs drive many Americans toward self-reliance, the tech also helps them once they strike out on their own. AI is lowering the barrier to entry for entrepreneurship by performing tasks like website creation and data analysis.

The Great Insider Trading Reckoning Reportedly Hits OpenAI

The Great Insider Trading Reckoning Reportedly Hits OpenAI

The Great Insider Trading Reckoning Reportedly Hits OpenAI
Apparently the paycheck isn't enough.
BY AJ DELLINGER

PUBLISHED FEBRUARY 27, 2026

Photo Illustration Of Openai Gpt 5.3 Codex © Samuel Boivin/NurPhoto via Getty Images
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Prediction markets like Polymarket and Kalshi have actively courted people who have insider information to place bets on their platforms, claiming that it serves as a “signal” in the noise. Turns out the companies from which that inside information is extracted are less thrilled with the idea. According to Wired, OpenAI has fired an employee who allegedly used internal knowledge about the company to place bets on prediction markets.

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The employee (who was not named) was reportedly let go after an internal investigation found that they had “used confidential OpenAI information in connection with external prediction markets (e.g. Polymarket).” Employees were reminded that OpenAI prohibits them from “using confidential OpenAI information for personal gain, including in prediction markets,” per Wired.

Wired cited data from financial data platform Unusual Whales, which showed a surge of bets on OpenAI-related topics placed on prediction markets over the last few years. The platform reportedly flagged 60 different wallets with 77 positions that suggested they came from someone who had knowledge that likely came from inside OpenAI’s walls. Those included bets on the release date of Sora, GPT-5, and other products.

One big trigger point for the insiders was apparently the launch of the ChatGPT Browser last year. Per Unusual Whales’ data, 13 wallets with zero activity were opened, signed up for prediction markets, and collectively bet $309,486 on the product’s launch date. All of them were opened within 40 hours of the public unveiling.
Insider trading has become a real challenge for prediction markets, which initially indicated they would welcome such informed positions. Last year, Polymarket CEO Shayne Coplan told Axios, “I think what is cool about Polymarket is that it creates this financial incentive to divulge information to the market.” When asked about markets relying on people trading on insider information during an interview with 60 Minutes, Coplan said, “I think people going and having an edge to the market is a good thing.”

But in recent weeks, a crackdown on such trades has started—outside and inside the platforms. Last month, the Israeli government indicted two bettors accused of using privileged military information to profit on prediction markets. Earlier this week, prediction market Kalshi banned two people accused of insider trading, including a video editor for MrBeast and a former gubernatorial candidate in California. The company said in a blog post announcing the action that, “As a regulated exchange, we ban insider trading.”

That’s a new angle from the industry, though maybe a necessary turn. Inviting insider knowledge might be good for the platform in the short term, but it risks fucking up the bag as these platforms try to lock down corporate partners. There’s likely more money in that than in completely unregulated degeneracy.

OpenAI did not immediately return a request for comment. We’ll update this post when they do.

Pokémon turns 30

 

Pokémon turns 30, shows no sign of slowing down

Adobe Stock

If you were confused seeing Pikachu pop up during the 2026 Winter Olympic men’s hockey final, don’t be: Pokémon is everywhere. The iconic brand turned 30 yesterday and has been rolling out the red carpet for the little monsters to celebrate being a part of the highest-grossing media franchise in the world, as evidenced by its sponsorship of the icy intermission report during the hockey game and with a star-studded ad during the Super Bowl a few weeks prior. The Pokémon Company has generated around $150 billion in revenue through games, movies, TV shows, and more since it debuted its first two games in Japan in 1996. And about 30 million people still play Pokémon GO every month, 10 years after it first hit smartphones. But if you’re looking to make your own money from the phenomenon, the cards are Arceus: The Card Ladder index, which tracks the value of a collection of the most popular trading cards, showed the most popular Pokémon cards’ worth was up about 6,208% this month compared to May 2004, beating the S&P 500’s rate of return, which jumped just 521% during the same timeframe. And rare cards can skyrocket in value: Logan Paul sold a Pikachu Illustrator card for a record $16.5 million last week. Prepare for Trouble! The valuable collectibles have also attracted a whole mess of scalpers, resellers, and even robbers—last week, thieves tunneled through a California store’s wall to steal $180,000 worth of cards.