[5/8 16:00] Coinbase CEO AI layoffs end of pure managers / Citi analyst Block AI layoffs paying off

AI News Flash for May 08, 2026 at 16:00 UTC. Topics: 1. Coinbase CEO AI layoffs end of pure managers https://www.forbes.com/sites/rachelwells/2026/05/08/coinbase-ceo-announces-ai-layoffs-and-the-end-of-pure-managers/ 2. Citi analyst Block AI layoffs paying off https://www.cnbc.com/2026/05/08/this-company-made-headlines-for-its-aggressive-ai-driven-layoffs-citi-says-its-paying-off.html 3. Trump border spending AI surveillance boom https://www.wsj.com/tech/trumps-border-spending-spurs-boom-in-ai-infused-surveillance-4714521b 4. Marsh AI risk strategy tool Project Leapfrog https://www.insurancebusinessmag.com/us/news/technology/marsh-looks-to-launch-new-ai-risk-strategy-tool-574586.aspx 5. Mythos fallout US government AI model regulation https://www.lawfaremedia.org/article/mythos-fallout--u.s.-government-weighs-ai-model-regulation