Patera Daily Report, 15 April 2026
AI agents and automation growth
AI agents are now automating complex tasks to improve software and customer experiences. Companies like Skild are acquiring robotics firms to support this expansion.
Allbirds pivots to Newbird AI
Allbirds is selling its shoe business assets to become Newbird AI. The company plans a 50 million dollar capital raise for high-performance GPUs.
Tensions rise over Iran and the Strait of Hormuz
The conflict involving Iran is disrupting global supply chains and impacting essential goods in the UK. CENTCOM reports that the USS Spruance redirected an Iranian cargo vessel to enforce the blockade.
Tesla finalises AI5 chip design
Tesla has finished the design of its AI5 chip for autonomous vehicles and Optimus robots. This chip provides five times the compute power of a dual AI4 setup.