Hey,
Google just admitted the internet is changing faster than it expected.
TOP 3
AI search startup Exa Labs just raised $250 million at a $2.5 billion valuation, joining a growing pile of companies trying to rebuild how people discover information online. Startups like Tavily and Parallel Web Systems are racing into the space, while Amazon, Reddit, and LinkedIn are also quietly rebuilding search around AI.
What’s happening here is bigger than chatbots. Search is becoming one of the most valuable layers in AI because whoever controls discovery controls attention, workflows, ads, and eventually transactions. ChatGPT currently owns a lot of that interface layer, while Google is now scrambling to stop users from drifting away.
The interesting part is that this market still feels weirdly open. Google has distribution, OpenAI has consumer behavior, and startups are betting there’s still room to build faster, more contextual AI-native search experiences before everything consolidates.
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TOP 3
Google just unveiled the biggest change to Search in years, and honestly, it barely looks like Google Search anymore.
Instead of blue links and keyword hunting, Google wants users talking to Gemini like an assistant that can answer questions, monitor the web, complete tasks, and pull together information automatically. Search is slowly turning into an AI operating system layered on top of the internet itself.
The move is deeply defensive. Search still prints money for Google, but AI chatbots are changing how people find information online far faster than the company expected. Rather than protect the old model, Google is trying to disrupt itself before OpenAI or another AI-native player fully does it for them.
That’s also terrifying news for publishers, websites, and basically anyone who depends on Google traffic.
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Nvidia is still the most important company in AI infrastructure, but Wall Street has already moved on to hunting for the “next Nvidia.”
While Nvidia shares are up nearly 20% this year, investors have recently piled harder into Intel, AMD, and Micron as the AI boom spreads across the broader semiconductor market. Nvidia is no longer the exciting underdog trade. It’s becoming the giant everyone expects to win.
That creates a strange situation heading into earnings this week. Nvidia still shapes sentiment across the entire AI economy, from startup funding and cloud infrastructure to hyperscaler spending and the Nasdaq itself. But expectations are now so absurdly high that simply posting huge growth may not feel exciting enough anymore.
Which is kind of the ultimate sign a company has become the center of the market.
In other developments
Google unveiled new AI-powered smart glasses at I/O 2026 through partnerships with Warby Parker and Gentle Monster, marking another push into wearable AI. The “audio glasses” use Gemini to let users interact with apps and services through voice commands, following the growing momentum created by Meta’s smart glasses strategy. (TechCrunch)
House Democrats are preparing potential legislation to regulate AI-generated political ads if they regain power in 2027, as deepfake campaign content rapidly spreads across U.S. elections. The push reflects growing concern that AI is making misleading political advertising cheaper, faster, and harder to detect. (Axios)
A new study found major AI chatbots frequently gave voters false information ahead of Scotland’s election, including invented scandals, fake candidates, and incorrect voting rules. The findings are increasing pressure on UK regulators to introduce stricter controls around AI-generated political misinformation. (The Guardian)
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