Walter Schulze

Walter Schulze brings all the breaking news stories in the tech and startup world and to ensure that Startup Fortune offers a timely reporting on the trends happen in the industry. He now works on a part time basis for Startup Fortune specializing in covering tech and startup news and he also sheds light on investment opportunities and trends.

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Walter Schulze · May 8, 2026 · 5:45 PM

Monk is using rent as a recruiting weapon for AI talent

Monk is offering a year's rent for a successful recruiting tip, a pointed signal of how intense AI hiring has become. The move shows how startups are turning recruiting into marketing while trying to compete with larger employers for scarce technical talent.

Walter Schulze · May 8, 2026 · 4:09 PM

TikTok scales back AI video summaries after public mistakes

TikTok has scaled back an experimental AI overview feature after it generated wildly inaccurate video descriptions. The episode shows how AI metadata can affect creators, discovery, shopping and platform trust when automation becomes public-facing infrastructure.

Walter Schulze · May 8, 2026 · 12:51 PM

Nvidia's $2.1 billion bet on IREN shows miners with power are becoming AI infrastructure

Nvidia plans to invest up to $2.1 billion in IREN through a five-year warrant while partnering on a $3.4 billion Blackwell deployment, accelerating a bitcoin-mining company's transformation into an AI cloud and data center operator with 660 MW of capacity and major Texas expansion plans.

Walter Schulze · May 8, 2026 · 10:27 AM

Coinbase's $394 million loss is a stress test for the exchange model and crypto's diversification thesis

Coinbase reported a $394 million net loss on $1.41 billion revenue in Q1 2026 as spot trading volume fell 35% and total transaction revenue dropped 40% year-over-year, while stablecoin revenue hit $305 million and subscription products held at 44% of net revenue, revealing how far the exchange still has to go before non-trading income can genuinely buffer cycle volatility.

Walter Schulze · May 8, 2026 · 8:03 AM

Principal raised $3.64 billion for AI data center development and the story is bigger than the number

Principal Asset Management closed its third data center fund at $3.64 billion in early 2025, targeting more than $8 billion in US hyperscale development with Stream Data Centers, confirming AI infrastructure as a mainstream institutional asset class that private real estate funds now absorb in partnership with hyperscalers.

Walter Schulze · May 8, 2026 · 5:39 AM

Eight years in crypto built the same lesson twice: stablecoins work, consumer apps still don't

An 8-year crypto operator from Circle, Messari, Coinbase, Crossmint argues stablecoins ($60B USDC, $140B Tether) and embedded payments are crypto's only proven PMF, while consumer apps failed every cycle despite better wallets, L2s, and onramps.

Walter Schulze · May 8, 2026 · 3:14 AM

Smart glasses extortion shows ambient AI abuse will define wearable regulation before the market matures

Smart glasses extortion reports show attackers using wearable cameras, facial recognition, and data broker scraping to identify strangers and threaten payment. r/technology post reached 1,000+ points in 2 hours. Highlights wearable AI abuse before regulation catches up.

Walter Schulze · May 8, 2026 · 12:02 AM

OpenAI's new audio models unlock voice-native agents with realtime reasoning and translation

OpenAI launches GPT-Realtime-2 (voice reasoning), GPT-Realtime-Translate (70 in/13 out languages), GPT-Realtime-Whisper (streaming STT) in API. Native audio processing cuts latency, supports interruptions/tools. Pricing $32/M input/$64/M output audio minutes.

Walter Schulze · May 7, 2026 · 9:14 PM

CoreWeave's Q1 earnings are a live test of whether GPU cloud economics can survive the debt they created

CoreWeave reports Q1 2026 earnings today; analysts project $1.97B revenue (100%+ YoY growth), $0.91 EPS loss, 17% options move. $66.8B backlog, Meta $21B/Jane Street $6B contracts vs $29B debt, $30B capex, 6% operating margins in a live test of neocloud economics.

Walter Schulze · May 7, 2026 · 6:50 PM

OpenAI's MRC protocol makes cluster networking the latest frontier in the training efficiency race

OpenAI released MRC (Multipath Reliable Connection), an open networking protocol co-developed with AMD, Broadcom, Intel, Microsoft and Nvidia over two years, now deployed on Stargate and Microsoft Fairwater clusters. Targets wasted GPU time from congestion/failures via packet spraying and SRv6 routing; published via OCP.

Walter Schulze · May 7, 2026 · 4:26 PM

Mythos vulnerability scare forces Trump White House to revive pre-release AI safety testing

Trump White House advances AI pre-release testing executive order after Anthropic Mythos vulnerability demo, with CAISI voluntary deals with Google, Microsoft, xAI. Proposed GUARD Act mandates frontier model review, reversing deregulation and squeezing smaller labs while entrenching incumbents.

Walter Schulze · May 7, 2026 · 2:01 PM

Johnson Controls' AI data center cooling backlog shows infrastructure scarcity is now the real AI bottleneck

Walter Schulze · May 7, 2026 · 11:37 AM

Qwen3.6 Heretic v2 shows the local AI community is now engineering refusal-free frontier models

Qwen3.6 27B Heretic v2 uncensored fine-tune preserves 15 MTP heads (KLD 0.0021), reduces refusals to 6/100, ships in Safetensors/GGUF/NVFP4, earning 91 r/LocalLLaMA points in hours. Highlights local AI community's focus on refusal-free inference and MTP retention for enterprise/private deployments.

Walter Schulze · May 7, 2026 · 8:48 AM

Susie Wiles says Washington won't pick AI winners, but the policy calendar tells a different story

White House Chief of Staff Susie Wiles stated the Trump administration won't pick winners in AI, but simultaneously the government formalised pre-deployment testing agreements with Google DeepMind, Microsoft, and xAI, and is weighing a model review executive order triggered by Anthropic's Claude Mythos. For founders, the gap between stated policy neutrality and structural advantage for established labs is the real story.

Walter Schulze · May 7, 2026 · 6:24 AM

White House pre-release AI model reviews would turn speed into a privilege incumbents can afford

The Trump administration is considering an executive order to establish government oversight of new AI models before public release, potentially creating a pre-clearance regime that would delay frontier model deployment and favour incumbents like OpenAI, Anthropic, and Google DeepMind. The shift, reportedly prompted by cybersecurity concerns over Anthropic's Mythos model, marks a move from voluntary safety testing to formal control.

Walter Schulze · May 7, 2026 · 4:00 AM

xAI dissolution rumours point to the conglomerate structure coming for frontier AI

A report that xAI will be dissolved as a separate entity and folded into another Musk-controlled company has drawn heavy Reddit engagement, raising questions about governance, investor rights, and compute access as frontier AI labs evolve into infrastructure arms of larger conglomerates. The move would allow xAI to share resources with Tesla, SpaceX, and X but trades venture-style independence for conglomerate alignment.