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Summary: In this weekly briefing, we analyze the "Automation Squeeze." We deconstruct the massive wave of white-collar layoffs as Cloudflare and Coinbase cut up to 20% of their staff to implement "agentic AI-first" operations. We explore the fracturing hardware supply chain, highlighted by Apple's preliminary chip deal with Intel and a collapse in global motherboard sales due to soaring RAM prices. We also dive into the courtroom drama of Mira Murati testifying against Sam Altman, the surprising compute truce between Elon Musk's SpaceX and Anthropic, Open ...