Axios

There's a big shift happening in Big Tech as the AI transition enters a new era.

Why it matters: Investors are changing the way they price these superstar stocks, but judging by what happened in the market Tuesday, they are not totally sure how to do so.

Pioneering a whole new class of car is hard enough, but musician will.i.am tells Axios he also wants his Trinity three-wheeled electric vehicle to be an AI agent, helping its driver plow through e-mails or plot out strategy.

Why it matters: Trinity is the epitome of the kind of ambition sweeping Silicon Valley: that AI can turn even a single-seat vehicle into a platform — and that building it can revive left-behind communities.

Growing up as a scrawny Star Trek nerd in the '90s, I learned pretty quickly to hide that part of myself to avoid being bullied just because I knew a little Klingon (Qapla'!).

• Now, approaching my 40s, I've learned to let my geek flag fly — and I'm glad for it.

The big picture: Part of what makes this easier is that the world has changed, and yes, I'm older. But geek culture is mainstream culture now.

President Trump will address the nation on Wednesday evening on the war in Iran, White House press secretary Karoline Leavitt said.

Why it matters: Leavitt's Tuesday evening announcement on X came soon after Trump told reporters at the White House that U.S. forces could leave the Middle East in "two or three weeks."

Sam's Club is raising membership fees again, its second price hike in four years — and a test of how much shoppers will pay.

Why it matters: Consumers remain price-sensitive, putting pressure on companies to thread the needle on price increases without driving shoppers away.

Source material powering Anthropic's Claude Code leaked for the second time in just over a year, publicly exposing the AI coding tool's full architecture, unreleased features and internal model performance data.

Why it matters: The leak hands competitors a detailed unreleased feature roadmap and deepens questions about operational security at a company that sells itself as the safety-first AI lab.

Sen. Ed Markey (D-Mass.) is urging federal safety officials to investigate the remote assistance practices of autonomous vehicle companies, accusing them of "a stunning lack of transparency."

Why it matters: Robotaxis and self-driving trucks are beginning to roll out across America, typically with a small army of human overseers working remotely behind the scenes to help them navigate complex scenarios.

Red Seat Ventures, the talent company acquired by Fox Corp. in 2025, is building a premium membership program for ultra-wealthy individuals that's focused on hospitality, CEO Chris Balfe confirmed to Axios.

Why it matters: As consumer spending shifts to live experiences, Balfe and Fox Corp. see an opportunity to get ahead of that market while its peers focus on making money from subscription streaming.

OpenAI is beginning to let individual investors access its stock, months before the ChatGPT maker is expected to launch its IPO.

Driving the news: OpenAI said Tuesday that its shares will soon be included in several exchange-traded funds (ETFs) offered by ARK Invest, the Cathie Wood-led firm that previously invested via its venture capital arm.

Mike's Hard Lemonade is jumping on the viral dirty soda craze with a boozy "Dirty Lemonade."

Why it matters: "Dirty soda" — a mashup of soda, syrups and add-ins — is moving from DIY novelty to a new flavor playbook for brands chasing Gen Z.