Lebanese army soldiers carry the coffin of Brig. Gen. Wissam Sabra during his funeral in Beirut on June 7, after he was killed in an Israeli strike on a military vehicle in southern Lebanon a day earlier. Photo: Ibrahim Amro/AFP via Getty Images
The AI bubble debate has lurched through at least three frenzied phases in the span of three years:
Suspicion: Historic sums of capital poured into AI before anyone proved it could reliably automate work. A violent market correction felt inevitable.
Mania: Claude Code and autonomous agents made the early skepticism look outdated, fueling a corporate scramble to embed AI everywhere and maximize usage.
Reckoning: Companies discovered that AI can be extraordinary when aimed precisely — and ruinously expensive when treated as a universal productivity machine.
A 2013 photo of the Y12 National Security Complex in Oak Ridge, TN. Photo: Linda Davidson/Washington Post via Getty
President Trump's envoys Steve Witkoff and Jared Kushner traveled to the national lab in Oak Ridge, Tennessee on Thursday for consultations with a team of technical experts that could play a role in nuclear negotiations with Iran, Axios has learned.
Why it matters: The White House is trying to reach a memorandum of understanding (MOU) with Iran to end the war and begin in-depth nuclear negotiations, and wants to have experts at the ready should those talks be launched.
Photo: Michael Nigro/Pacific Press/LightRocket via Getty Images
Former Vice President Kamala Harris is heading to New Orleans later this summer as Democrats confront a Supreme Court ruling that could sharply reduce Black representation in Congress, a person close to her first told Axios.
Harris has slammed the court's Louisiana v. Callais ruling as "backdooring racism through politics."
Why it matters: Harris' moves are the latest sign she's inching toward a presidential run in 2028, and courting Black voters as she lays the groundwork for a campaign.