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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 truc ...