❌

Normal view

Coinbase Launches Tool To Let AI Agents Manage Trading and Payments

By: BeauHD
11 June 2026 at 22:00
Coinbase has launched Coinbase for Agents, a tool that lets AI agents like ChatGPT or Claude execute crypto trades and manage payments on a user's behalf. "For example, customers can prompt their agent to rebalance portfolios, identify trading opportunities, execute strategies and manage positions over time," reports CNBC. "It will eventually expand these capabilities to stocks and predictions." From the report: [U]sing Coinbase's machine-to-machine payments protocol, called x402, agents can pay directly for digital services like paywalled research, data APIs and on-demand compute without a human in the loop -- and execute trades based on those insights. The company sees this stage of agentic payments, which lets customers bypass the need to manage traditional logins or subscriptions, as a precursor to agentic shopping, where agents browse, find the best deals, select and make purchases on users' behalf. [...] The whole idea is to give agents access to money and, through that financial independence, improve their set of capabilities to pretty much anything on the internet," Lincoln Murr, Coinbase's AI product lead, told CNBC. "In the 2010s, every internet company dealt with the transition from desktop and web into a mobile environment. And now in the late 2020s, we're seeing the exact same thing happen where agents are going to be the new primary economic actors on the internet." The x402 protocol was created in May 2025 and has seen more than 100 million transactions since its debut, Murr said. There are about 157,000 agents acting as buyers using the protocol in the past 30 days, according to x402scan.com. "We saw immediate demand and interest in the ability for agents to pay for things autonomously and that was a huge waking up moment for us [on] the ability of agents to become these new primary financial actors across the internet," he said.

Read more of this story at Slashdot.

OpenAI Mulls Slashing Prices As It Competes With Anthropic For Users

By: BeauHD
11 June 2026 at 19:00
OpenAI is reportedly considering sharp price cuts for paid access to its AI models as competition with Anthropic intensifies and both companies race for users ahead of potential IPOs. "The company is weighing significant cuts to what it charges for tokens, the unit of measurement artificial-intelligence firms use to bill for their products," the Wall Street Journal said, adding that it was "in anticipation of similar cuts the company expects at Anthropic." CNBC reports: The ChatGPT producer, which did not immediately respond to CNBC's requests for comment, currently charges consumers in tiered subscriptions of $8, $20 and $100 and above each month for access to its flagship GPT-5.5 models. Anthropic conversely charges users $17 each month with an annual subscription to Claude Pro, and $100 and above monthly for a subscription to Claude Max. OpenAI confidentially filed for an IPO on Monday, just a week after Anthropic made its own filing.

Read more of this story at Slashdot.

Opendoor Ends India Operations, Fueling a Bigger Conversation About AI and Outsourcing

By: BeauHD
11 June 2026 at 18:00
Opendoor is shutting down its India operations less than two years after opening offices there. Slashdot reader alternative_right shares a post from Opendoor CEO Kaz Nejatian: "I shared this note earlier today with the entire team at Opendoor. Today we began to say goodbye to our colleagues in India as we wind down our India operations. Our customers are in America, and that's where our operational work belongs." TechCrunch reports: In announcing the decision on Wednesday, CEO Kaz Nejatian cited a push to bring operational work back to the U.S., where Opendoor's customers are, and a shift toward smaller AI-native teams. The company did not respond to requests for comment on how many employees were affected or how much of the decision was driven by AI efficiency. But the announcement quickly gained traction across Silicon Valley, where founders, investors, and outsourcing experts see it as an early example of how AI is reshaping the economics that made India a global hub for back-office operations. [...] Some investors viewed the decision as a sign of what AI could mean for India's vast outsourcing workforce. "As manual work gets replaced by AI, a lot of jobs will be lost in India," wrote Sheel Mohnot, co-founder of Better Tomorrow Ventures. Others viewed Opendoor as evidence of a larger shift in how companies are organized. Keshav Lohia, a venture capitalist at Emergent Ventures, described the decision as a "watershed moment" for AI-driven operations, arguing that advances in AI are beginning to challenge the cost-arbitrage model that made India a popular offshoring destination. Phil Fersht, chief executive of HFS Research, an advisory firm that tracks the global outsourcing and business services industry, told TechCrunch that the development should not be viewed simply as jobs moving from India to the U.S. The more important shift, he said, is that AI is reducing the amount of operational labor companies require in the first place, allowing firms to run leaner organizations regardless of location. "This is not an isolated restructuring," Fersht said. "It is part of a much broader pattern we are starting to see as companies redesign operations around AI, automation, and much leaner workflows." Fersht argued that the winners would be companies that combine AI, software and human expertise to deliver outcomes without continually adding headcount, a model he described as "Services-as-Software." While Opendoor may be one of the first high-profile examples, he said it is unlikely to be the last. Some investors are already extrapolating beyond individual companies. Varun Rekhi, a venture capitalist at Speedinvest, argued that if AI reduces demand for labor-intensive services, it could eventually pressure one of India's most important export industries, which is built around supplying talent and expertise to global corporations.

Read more of this story at Slashdot.

Amazon’s data centers used 2.5 billion gallons of water last year

11 June 2026 at 18:26
Graphic image of a data center.

Just after Seattle enacted a one-year data center moratorium that some of Amazon's own employees pushed for, Amazon shared how much water its data centers use, reportedly for the first time. With concerns about water consumption and energy use a focus of new AI data center construction debates, Amazon says its global data center operations consumed 2.5 billion gallons of water in 2025 at a rate of 0.12 liters per kilowatt-hour of electricity, dropping by 2 percent from its 2024 total even as it expanded operations.

Amazon also claims it's using water more efficiently than some Big Tech rivals - this graphic in Amazon's report points to Mic …

Read the full story at The Verge.

Scientists discover invisible hardware trojans lurking inside computer chips

11 June 2026 at 15:45

Every day, people rely on computer chips to keep sensitive information safe. These tiny pieces of hardware help protect everything from online banking details and personal data to government and military secrets. But new research suggests that some chips could contain hidden threats that are almost impossible to detect using current security methods. Researchers from […]

The post Scientists discover invisible hardware trojans lurking inside computer chips appeared first on Knowridge Science Report.

Anthropic apologizes for invisible Claude Fable guardrails

11 June 2026 at 12:40

Anthropic has apologized for stealthily throttling its new AI model, Claude Fable 5, with hidden guardrails that undermine both researchers and rivals using it to develop competing systems. The company says it is reversing course and will be more transparent about when the restrictions kick in, even if that means Fable refuses more queries.

Fable is the first widely available model in Anthropic's Mythos class of AI systems, a group the company has spent months warning are too dangerous for public release. Anthropic says it has addressed some of those risks by launching Fable with safeguards that prevent it from responding to certain "high-r …

Read the full story at The Verge.

AI vendor FDEs: Key considerations and concerns

11 June 2026 at 12:00

When it comes to AI deployments, IT leaders are often caught in an awkward middle space, trying to reconcile conflicting directives from senior management with constantly changing AI models, capabilities, and costs; data governance and security needs; and the limitations of their own team.

“Very few real benefits can be attained by simply purchasing an AI product and giving it to employees. Vendors have been overselling that fallacy for the past three years,” said Nader Henein, a Gartner VP analyst.

“The reality is that strong AI value and consistent ROI are almost always a result of deep and intentional integration of AI capabilities into existing workflows. For that you need specialized teams, which do not come cheap, and organizations have been recruiting those teams in a variety of ways,” Heinen said.

Among the options available to IT leaders looking for help with AI deployments are traditional IT consultancies, AI-specific consultancies, and independent contractors. Large enterprises with deep pockets can consider acquiring an AI firm and integrating its technology and expert staff. The use of open source to reduce vendor lock-in is a strategy that can sit on top of those others, an approach that Capital One has used. 

But the option that has been getting the most attention recently is bringing in forward-deployed engineers (FDEs), teams of experts from AI vendors that embed with a customer’s in-house engineers to oversee AI rollouts within the enterprise environment. Both OpenAI and Anthropic have recently announced FDE offerings, for example, and Microsoft is partnering with consulting giant EY in a new FDE program for agentic AI deployments.

Engineering teams employed by AI vendors have key strengths, such as understanding their models better than anyone else, having experience integrating those models into different types of enterprise environments, and knowing about upcoming model capabilities before they’re announced. But they also have the obvious drawback of vendor lock-in. Even if future rollouts are not within their contracted deliverables, those vendor employees could subtly influence a client’s future AI efforts. 

Flavio Villanustre, CISO for LexisNexis Risk Solutions, cautions IT executives to move into FDE programs carefully. 

FDEs “are financially incentivized to grow customers’ use of a vendor’s AI products and to create stickiness with that vendor’s services,” he said. “While FDEs may be a reasonable value-added service by the AI vendor, customers should always find other unbiased expert opinions that can evaluate competitive solutions across multiple vendors.”

This is particularly important at a time when “investor-subsidized AI token business models are starting to show cracks,” Villanustre said. “Also, in the current rapid pace of innovation in this field where AI vendors are constantly leapfrogging each other, retaining the agility to move from one vendor to the next could create significant competitive advantages.”

Analysts, consultants, and other industry experts who spoke with Computerworld about FDEs echoed Villanustre’s caution, citing concerns around hidden costs, confidentiality, observability, and vendor lock-in.

Long-term costs and vendor lock-in

A key issue that IT executives need to consider is how long the FDE teams will be needed. The enterprise will likely need an ongoing series of AI deployments synced with the current AI model(s). If help is needed today, why would that change tomorrow?

Enterprises tend to overlook those longer-term costs, said John Sangyeob Kim, an AI engineer at software development vendor Solidroad.

“Deployment is maybe 20% of the total cost. The other 80% is keeping the system running through model upgrades, data drift, and edge cases that only appear after months in production,” Kim said. “Most contracts price the first part and assume the rest. Deployment isn’t the hard part of enterprise AI anymore. The next eighteen months are.”

And whether it’s intentional or not, FDEs will naturally favor their own product portfolio — it’s what they know best.

“FDEs from model labs are good at making their own models work in your environment. They are less suited for multi-model systems, because their incentive is to keep you inside their ecosystem,” Kim said.

Sanchit Vir Gogia, chief analyst at Greyhound Research, said IT leaders should look at the FDE model as a strategy involving ongoing operational power. 

“Whoever shapes the deployment pattern shapes the enterprise’s future muscle memory. Whoever owns the evaluation layer owns the truth layer. Whoever controls the integration logic controls the dependency map,” Gogia said. “This is why the FDE model matters. It is not just another delivery option. It is the frontier AI vendor moving closer to the customer’s workflow, operating model, and decision architecture.”

That proximity cuts both ways, Gogia noted. “FDEs are embedded inside the customer’s [environment], but they are also connected to the vendor’s commercial center of gravity. Their instinct will be to build around the model family, tooling assumptions, deployment patterns, and product roadmap they know best. This is perfectly natural. It is also precisely why CIOs must be cautious,” he said.

Allowing AI vendor employees an outsized say in enterprise deployment decisions could lock in model vendor dependency, which in turn will fuel high prices that can’t be fought effectively.

“FDEs can accelerate deployment and deepen dependency at the same time,” Gogia said. “Frontier AI vendors are no longer content to sell access to models. They increasingly want to shape how enterprises deploy intelligence. That is a larger prize.”

What happens when the FDE team leaves?

FDE post-departure risks are severe and often underappreciated, according to Justin Greis, CEO of consulting firm Acceligence and former head of the North American cybersecurity practice at McKinsey.

For one thing, the FDE team learns a massive number of operational details from the enterprise deployment. Although NDAs and confidentiality contracts protect any data accessed, they often don’t regulate observed processes and procedures. 

“The learnings are absolutely going to be taken from client to client,” Greis said. “Whoever helps deploy AI will learn far more than what appears in the statement of work. They will learn the real workflows, the undocumented exceptions, the data-quality gaps, the approval bottlenecks, the security workarounds, and the places where the business depends on a few people knowing what to do when the process breaks. That knowledge may be as sensitive and precious as the data itself.”

Another critical but often overlooked issue is how much meaningful control will IT have over the project if and when the FDE team leaves.

“The danger is not using outside help. Most companies will need outside help,” Greis said. “The danger is using outside help in a way that leaves the enterprise less capable and more dependent when the engagement is over.”

It is precisely those operational decisions that IT often neglects, said Solidroad’s Kim.

“The best predictor of success is not the vendor. It is whether one internal engineer truly understands the system before the implementer leaves. What matters is who owns the evaluation loop after the demo,” Kim said.

“What happens to our prompts, scorers, and guardrails when the model version changes? If we paused this engagement tomorrow, what would actually stop working, by design or by accident?” Kim asked. “Where do you want the enterprise’s AI learning, control, and dependency to live after the engagement is over?”

Kim argues that observability — the ability to understand and manage all elements of a complex enterprise environment — is a critical function to which IT often gives insufficient attention. Determining whether the project uses the enterprise’s observability stack or the vendor’s observability stack is crucial.

“If the implementer is using their observability stack, that is fine during the build, but you need a plan to migrate it to something you own before they leave; otherwise the visibility walks out of the door with them,” Kim said. “If they are using yours, that is the best case. It means they are working inside the system your team will operate long-term.”

A major problem crops up when they are using neither the enterprise’s nor the vendor’s observability stack. “Neither means they are building the system without any production observability layer at all, and you inherit a system you cannot see into. The first time something breaks in production, you have no traces, no failure history, and no way to tell whether the issue is a model regression, a data problem, or a code bug,” Kim said.

“If observability was not a priority during the build, evals and regression testing usually weren’t either, so you are inheriting a system you cannot measure and cannot safely change. That’s the worst possible handoff position,” he said.

Weighing the alternatives

While the FDE approach is not new, it is just now beginning a surge in popularity, and there are a finite number of such specialists available. That means not all companies even have the option of using FDEs.

This availability disconnect is especially prominent for non-US deployments, where on-site FDEs are rarer, said Gartner’s Henein. “Where is the development happening? There may not be FDEs available in that region,” he said. 

There are plenty of other places enterprises can turn to for AI help. Ishraq Khan, CEO of coding productivity tool vendor Kodezi, encourages IT executives to consider a wide range of options but notes that all approaches have major drawbacks.

“Traditional consultancies are usually stronger at governance, process, compliance, and organizational coordination. They know how large enterprises operate politically and structurally. The downside is that many move slower and often lack deep frontier AI specialization,” Khan said.

Gogia from Greyhound Research put it more colorfully: Traditional IT consulting firms “know how to get legal, risk, security, finance, HR, and business units into the same room without anybody setting fire to the carpet. For regulated enterprises, that matters,” he said.

Specialized AI consultancies have a different set of strengths, Khan said. “AI-native consultancies move much faster and are often more technically current, but many are still immature operationally. Some can build impressive demos without fully understanding long-term maintainability, governance, or production reliability.”

Greis from Acceligence commented on two other options for bringing in outside AI help. Using an independent contractor “can be great for eval design, architecture reviews, red teaming, agent design, or getting a stalled team unstuck,” he said, but it can increase the risk of “key-person dependency,” where a single external person is the only one who understands the system.

As for purchasing an AI firm and onboarding its employees, a practice known as “acquihiring,” Greis said it can work well when the AI capability and expertise being brought in are truly strategic for the acquiring enterprise. But there is a risk that the acquired team will be smothered by the parent company’s bureaucracy: “You buy a speedboat, bolt it to an aircraft carrier, and then wonder why it stopped moving,” he said.

Finally, an open-source strategy can give companies flexibility and reduce vendor dependence, but “many companies underestimate the operational burden that comes with it,” Kodezi’s Khan said. “Open source only helps if the organization has the internal talent and discipline to maintain it properly.”

Bottom line: enterprises need to define their true objectives before deciding on an approach. Khan offered several key questions for CIOs to consider: “Who owns the deployment after implementation? Can we move providers later without rebuilding everything? What happens if the vendor relationship changes or disappears? Are we optimizing for short-term deployment speed or long-term operational resilience?”

In any scenario where outside firms have direct access to enterprise systems, IT needs to be kept fully in the loop. “The worst outcome is when an enterprise successfully deploys AI but no longer fully understands how its own systems operate underneath,” Khan said.

External help for AI deployments: 6 options

ProsCons
AI vendor FDEs+  Best expertise on the main model being used–  Vendor lock-in

–  Operational detail leaks
Traditional IT consultancies+  Best understanding of change management, legacy integration, global rollout, governance, and operating-model redesign–  Can be too slow, too expensive, or too generic
AI consulting firms+  More practical AI deployment experience than traditional consultants

+  Less vendor lock-in than model-provider FDEs
–  May not sufficiently understand enterprise-grade requirements: security, identity, auditability, compliance, incident response, cost controls, and long-term maintainability
Independent contractors+  Useful for precision tasks: eval design, architecture reviews, red teaming, agent design, or getting a stalled team unstuck–  Risk of ‘key-person dependency’
‘Acquihiring’ an AI firm+  Works when the acquired capability is truly strategic–  Acquired team can be smothered inside existing bureaucracy
Deploying open-source products+  Reduces dependency on one model vendor

+  Attractive for data sovereignty, control over enterprise systems, cost efficiencies, and regulated environments
–  Enterprise takes on full responsibility for security, patching, evaluation, deployment, monitoring, and lifecycle management
Source: Acceligence

Related reading:

AI-designed Universal Vaccine Could Stop Future Pandemics Before They Start

11 June 2026 at 11:36

For many years, the world has relied on vaccines to protect people from dangerous infectious diseases. Vaccines have saved millions of lives by helping the immune system recognize and fight viruses before they can cause serious illness. However, one major challenge has always remained. Viruses are constantly changing. As they mutate and create new versions […]

The post AI-designed Universal Vaccine Could Stop Future Pandemics Before They Start appeared first on Knowridge Science Report.

❌