Apple-Intel Chip Pact
According to MacRumors, “Apple Could Soon Be Buying iPhone and Mac Chips From Old Frenemy Intel”, the reported preliminary deal would see Intel manufacture some Apple chips — a possible US onshoring and SUPPLY-CHAIN pivot. ([macrumors.com](https://www.macrumors.com/2026/05/08/apple-intel-preliminary-chip-deal/?utm_source=openai)) [MacRumors](https://www.macrumors.com/2026/05/08/apple-intel-preliminary-chip-deal/)
EU Streamlines AI Rules
According to the Council of the EU, “Artificial Intelligence: Council and Parliament agree to simplify and streamline rules”, negotiators agreed provisional changes that delay some high‑risk deadlines and reduce burdens while preserving key bans — aiming for regulatory BALANCE. ([consilium.europa.eu](https://www.consilium.europa.eu/en/press/press-releases/2026/05/07/artificial-intelligence-council-and-parliament-agree-to-simplify-and-streamline-rules/pdf/)) [Council of the EU](https://www.consilium.europa.eu/en/press/press-releases/2026/05/07/artificial-intelligence-council-and-parliament-agree-to-simplify-and-streamline-rules/pdf/)
Anthropic-Akamai $1.8B Deal
According to Bloomberg, “Anthropic Inks $1.8 Billion Computing Deal With Akamai”, the seven‑year contract underscores the competitive scramble to secure external AI compute and the growing reliance on third‑party INFRASTRUCTURE providers. ([news.bloomberglaw.com](https://news.bloomberglaw.com/artificial-intelligence/anthropic-inks-1-8-billion-computing-deal-with-akamai-1?utm_source=openai)) [Bloomberg Law](https://news.bloomberglaw.com/artificial-intelligence/anthropic-inks-1-8-billion-computing-deal-with-akamai-1)
April jobs surprise
According to AP, “US employers defy economic shock from Iran war and add a surprisingly strong 115,000 jobs in April,” the jobs report showed employment rose 115,000 while unemployment held at 4.3%, reinforcing views the Fed will stay on hold and lifting U.S. equity futures. [AP](https://apnews.com/article/2cf46bfbf7748403ea0245100af45504)
Warsh confirmation path
According to AP, “Justice Department drops criminal probe of Fed chair Powell, likely clearing the way for Warsh,” the DOJ’s Apr 24 decision removed a major hurdle to Kevin Warsh’s confirmation as Powell’s term ends May 15, increasing odds of a swift Senate vote. [AP](https://apnews.com/article/28d04cc0d99cda25cea69931f65e25d3)
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