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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

HOW TALKS BETWEEN ANTHROPIC AND THE DEFENSE DEPT. FELL APART

Emil Michael, the Department of War's chief technology officer, had been negotiating with Anthropic for weeks on a $200 million AI contract. The talks had hit an obstacle as Anthropic would not allow its technology to be used for purposes such as the surveillance of Americans. Michael demanded that Anthropic's CEO, Dario Amodei, get on the phone to discuss the issue, but he was told Amodei was in a meeting with his executive team and needed more time. Michael had been hammering out a deal with OpenAI on the side, so the Department of War designated Anthropic as a security risk and cut it off from working with the government.

CRYPTO TRADERS HEDGE IRAN WAR RISKS WITH TRADING ON HYPERLIQUID

Following coordinated US-Israeli missile strikes on Iran, traders migrated to Hyperliquid to hedge commodity exposure via perpetual futures, with oil-linked contracts gaining 5% to $70.6/barrel, gold up 1.3% to $5,323/oz, and silver leading 24-hour volume at $227M on a 2% move to $94.9/oz. The structural advantage driving activity was Hyperliquid's 24/7 availability, allowing real-time position-taking while traditional commodity markets remained closed over the weekend. Broader crypto markets reflected the risk-off sentiment, with BTC declining to $63,000 during the strikes, while Polymarket recorded over $500M in US-Iran war prediction bets, marking a new volume record for the platform.

GOOGLE QUANTUM-PROOFS HTTPS BY SQUEEZING 15KB OF DATA INTO 700-BYTE SPACE

Google has implemented a new Merkle Tree Certificate system in Chrome. It uses Merkle Trees to provide quantum-resistant assurances that a certificate has been published without having to add most of the lengthy keys and hashes. Cloudflare is enrolling roughly 1,000 TLS certificates to test how well the system works. The Internet Engineering Task Force standards body has formed a new group to develop a long-term solution for generating the distributed ledger.

‘WORLD'S LARGEST BATTERY' TO PROVIDE 100-HOUR IRON-AIR STORAGE FOR GOOGLE DATA CENTER

Google is building a new data center in Pine Island, Minnesota, that will be powered by 1.9 gigawatts of clean energy from wind and solar. It will use a 300-megawatt iron-air battery with a 30-gigawatt-hour capacity and 100-hour duration. Iron-air batteries store electricity by making rust and then reversing the rusting process to release energy when needed. While these batteries are heavier and less efficient than their counterparts, they are almost three times cheaper. Google will fund the installation of many smaller batteries across the grid to increase power capacity and make the system more reliable.

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