🚨 OHUBNext | $1.8B in Taxpayer Cash for Trump's Allies — and Zero Dissent Left in the GOP
📍 The federal government just created a $1.776 billion fund — controlled entirely by Trump appointees, answerable to no one — that will likely pay out to Jan. 6 rioters, pardoned insurrectionists, and MAGA loyalists who claim "persecution." The...
🚨 OHUBNext | SPECIAL CONTRIBUTOR EDITION — Shruti Shah, GP at Symphonic Capital
📍OHUBNext occasionally features original analysis from investors, operators, and researchers whose work advances the conversation on capital formation, emerging technology, and economic mobility. Today's contributor is Shruti Shah, General Partner...
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Symphonic VC - Pre-Seed With a Long View
No one gets early stage startups like we do. We cater to what founders need the most at the earliest stages: clear metrics for success, and the capital and support to help them achieve it.
🚨 OHUBNext | $10.5B to Asia, $400M to Robots, 7.3% Black Unemployment — The Capital Map Is Being Redrawn
📍 While Bain Capital closes Asia's largest PE fund at $10.5 billion and industrial robotics startup Mind Robotics crosses $1 billion in total funding, Black unemployment sits at 7.3% — nearly double the national rate — as 271,000 federal jobs have...
🚨 OHUBNext | A $5.5B AI IPO. A DOL Rule That Opens 401(k)s to Private Equity. And 59% of Black-Led VC Firms Still on Fund I.
📍 Cerebras priced its IPO at $185 and surged 68% on its first day — reaching a $95 billion valuation and signaling that Wall Street's appetite for AI infrastructure is not slowing down. At the same time, the Department of Labor proposed a rule that...
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Helping community leaders Buy Back the Block | Brookings
How should stakeholders understand the challenge of revitalizing commercial corridors and fostering inclusive ownership in majority-Black communities where residents are living on low and moderate incomes (LMI)?
🚨 OHUBNext | The Data Says Build Something They Can't Touch
📍 Three things happened to Black Americans in the last 12 months that don't make the tech press. The largest Medicaid cut in history became law — disproportionately stripping coverage from Black families. The Supreme Court allowed Texas to use a...
📍 Meta begins cutting 8,000 employees on May 20 — while simultaneously creating "AI builder," "AI pod lead," and "AI org lead" as new job categories inside the same restructuring.
The tech industry has cut 128,270 jobs in 2026, but AI roles are...
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Black Founders Fund - Google for Startups
The Google for Startups Black Founders Fund provided cash awards - without giving up equity in return - and hands-on support to help Black entrepreneurs build and grow their businesses.
🚨 OHUBNext | $224M in Federal AI Training. IBM Is Tripling Hires. The Window Is Open.
📍 The federal government just committed $224 million to put AI training infrastructure in all 50 states — and the Department of Labor launched a free, text-message-based AI literacy course designed specifically for workers without laptops or...
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Google.org: Google's philanthropy
Google.org connects nonprofits to funding & additional resources. Learn about our philanthropy program and goal to aid underserved communities.
📍 Byron Allen takes control of BuzzFeed—$120M in exchange for governance and a new playbook for distribution
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TL;DR
▪️ Byron Allen’s family office is putting $120M into BuzzFeed for 40M shares at $3.00/share, targeting about 52% ownership...
🚨 OHUBNext | Trump's AI Action Plan: $700B in Infrastructure, 90 Federal Actions, and One Provision Nobody's Talking About
🚨 OHUBNext | Trump's AI Action Plan: $700B in Infrastructure, 90 Federal Actions, and One Provision Nobody's Talking About
📍 The Trump Administration's "America's AI Action Plan" — 25 pages, 90+ federal policy actions across innovation,...
📍 SBA’s new E2G Manufacturing in America grant backs hands-on workforce training and technical assistance for small manufacturers—proposals due June 15.
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TL;DR
▪️Up to $50M is on the table in SBA’s new “Manufacturing in America” E2G grant...
📍 Letters of intent due May 22 (5 p.m. ET) for ARC’s POWER Initiative.
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TL;DR
▪️ ARC opened its FY 2026 POWER Initiative funding cycle on May 5, 2026.
▪️ LOIs are due May 22, 2026 (5:00 p.m. ET) and full applications are due July 8, 2026 (5:00...
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Partnerships for Opportunity and Workforce and Economic Revitalization Initiative - Appalachian Regional Commission
ARC’s POWER Initiative targets federal resources to projects that help coal communities expand local and regional economies.
📍 The AI productivity story is now a jobs, skills, and ownership story.
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TL;DR
▪️ Coinbase said on May 5, 2026 that it will cut about 700 jobs, roughly 14% of its workforce.
▪️ CEO Brian Armstrong cited two pressures: a volatile crypto market...
📍 AI is cutting 16,000 U.S. jobs a month — and the people with the least cushion are absorbing the most impact.
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TL;DR
▪️ AI eliminated an estimated 16,000 U.S. jobs per month in early 2026, with Gen Z and entry-level workers hit hardest — a...
🚨 OHUBNext | Japan Airlines Just Replaced Workers with Robots — And $242B Went to AI While Black Founders Got 0.4%
📍 On May 1st — International Workers Day — Japan Airlines began humanoid robot trials at Tokyo's Haneda Airport, deploying Chinese-made Unitree robots for baggage transport and cabin cleaning alongside human staff. Meanwhile, AI absorbed $242...
📍 The Supreme Court's 6-3 ruling in Louisiana v. Callais didn't just redraw maps — it redrew who controls the districts where the next generation of federal infrastructure spending, AI investment, and economic growth is landing. At least 15...
🚨 OHUBNext | What Does It Mean to Run a Defensible Company in the Age of AI?
📍 42% of founders now identify as building AI startups — up from 15% just two years ago. Capital is flowing toward companies with proprietary data, deep community trust, and irreplaceable workflow integration. The founders who answer the...
🚨 OHUBNext | Your Free AI Stack as a Founder in 2026
📍 You don’t need a $500/month tool budget to run an AI-powered operation. The free tier landscape in 2026 is more capable than what most founders paid for two years ago — and a lean, well-chosen stack can replace hires you can’t afford...
📍 Bloomberg CityLab 2026 is live right now — 1,000+ mayors and policymakers from 37 countries converging in Madrid to shape how cities respond to AI. OHUB's CPO Kieran Blanks is there. And he's facilitating Wednesday's critical breakout on AI...
📍 One of the most important founder decisions right now is whether the next layer of growth should come from a person or a system.
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TL;DR
▪️ Hiring can create lift quickly, but it also locks in cost, coordination, and management overhead.
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📍 From agents to computer use, the next wave of AI is starting to do the work, not just talk about it.
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TL;DR
▪️ AI becomes more valuable when it changes workflow, not just output.
▪️ The new wave of tools is moving from conversation into...