the Now & the Next

A bi-weekly speculative fiction suggesting the shape of things to come.
(sourced from trustworthy trade pubs, think tanks + frontier science news)

4,796 Signals Tracked
7 Collisions Identified
10 Frontier Science Cards
290+ Source Domains

This fortnight's signals kept returning to the same structural fact: the infrastructure everyone assumed was fixed — shipping lanes, power grids, drug pipelines, the chain of command — is being actively re-priced. The Strait of Hormuz reopened, but tankers still sail with transponders off. Germany's most contested chokepoints acquired an insurance market. The Pentagon put Claude inside its targeting system and then had to build a safeguard for the mistake it almost didn't catch. Anthropic launched a workbench that designs antibiotics from a text prompt. An Australian battery fleet earned in a month what an energy retailer's collapse couldn't survive. NATO asked for money to protect civilian roads and rail as war infrastructure. And the AI agent, all fortnight, kept getting a narrower job description — sales, compliance, targeting, discovery — instead of a bigger one. Seven collisions we detected in the noise.

01
The Chokepoint Economy

The Strait of Hormuz reopened, ships still sail with transponders off, and marine insurance rates are already falling. The world's most contested 33 miles of water just became a business again.

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The Strait of Hormuz reopened to shipping in June, and fifteen fertiliser ships carrying nearly 20 million tonnes of import cargo finally crossed to relieve India's kharif planting season. But the reopening is not a return to normal. Six oil and gas tankers navigated the strait via a U.S.-protected route near the Omani coast, executing unexplained U-turns and sailing with transponders switched off to avoid Iran's navy. Iran announced it will charge transit fees on ships crossing the strait, offering discounted terms to China and allies who backed it during the conflict, and formed a joint management committee with Oman covering navigation, naval supervision, and search and rescue. OPEC+ responded by hiking production quotas 188,000 barrels per day starting in August — the fifth consecutive monthly increase — while the United Arab Emirates exited the OPEC+ alliance entirely in April to free its own output from group limits. The U.S. lifted its naval blockade and waived sanctions on Iranian oil exports, even as its Strategic Petroleum Reserve sits at its lowest level since the Reagan administration. And in London, BMS Group reported the marine insurance market has entered its first soft phase since before COVID — hull and machinery rates on blue-water tonnage down as much as 10%, port and terminal liability coverage cheaper too. Meanwhile CSIS published a new interactive dashboard mapping eight critical chokepoints across the South China Sea, including the Malacca and Taiwan Straits.

⚡ The Now

A chokepoint that requires stealth tanker routing, transponder blackouts, and a bespoke fee schedule is not really open — it is being managed, continuously, by everyone with a stake in it. Iran's transit-fee proposal and its joint committee with Oman formalize what used to be a closed military standoff into an ongoing commercial arrangement. OPEC+'s production hikes and the UAE's exit from output limits both bet that supply volatility is now a permanent, not episodic, feature of the market. The London marine insurers softening their rates is the clearest tell: underwriters who price risk for a living are betting the current fragile equilibrium holds long enough to write policy against it.

→ What's Next

Expect the Strait of Hormuz playbook — transit fees, joint administration, insurance repricing, stealth routing as standard operating procedure — to become the template CSIS's own dashboard is built to track across the Taiwan Strait and the Malacca Strait. The chokepoint is no longer a single point of catastrophic failure to be defended militarily; it is becoming a managed asset with its own toll structure, its own risk premium, and its own diplomatic middle-men. Watch for similar fee-and-committee arrangements to surface wherever a strait, canal, or corridor sits between two governments who would rather monetize the risk than eliminate it.

Marine Insight
Fifteen fertiliser-laden ships crossed the Strait of Hormuz after its reopening on June 17, 2026, securing nearly 20 million tonnes of India's seasonal fertiliser demand.
Marine Insight
Six tankers used a U.S.-protected route near Oman, executing unexplained detours and sailing with transponders off to avoid confrontation with Iran's navy.
Marine Insight
Iran will impose Strait of Hormuz transit fees while offering discounted terms to China and wartime allies, and formed a joint management committee with Oman.
CSIS
CSIS released an interactive dashboard analyzing trade dependencies across eight South China Sea chokepoints, including the Malacca and Taiwan Straits.
Business Insurance
BMS Group reported the London marine insurance market entered its first soft phase since before the pandemic, with hull and liability rates both declining.
Oil & Gas Journal
Iran and Oman are negotiating joint administration of the Strait of Hormuz, including passage fees, following a 60-day agreement that increased tanker traffic after U.S. sanctions relief.
02
The War Room Gets an AI Agent

The Pentagon paired Claude with Palantir's targeting system to suggest 1,000 strikes a day — then had to build a safeguard after it missed a note that one target was a school.

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The U.S. Department of War integrated Anthropic's Claude into Palantir's Maven Smart System for the first large-scale AI-assisted target selection in wartime, with the system suggesting roughly 1,000 targets on its first day of operation. When a strike hit an Iranian school and caused significant civilian casualties, the Pentagon's response was not to pull the AI back — it was to add an agentic cross-check layer that verifies targets against public data sources like Google Maps before a strike package is finalized. That correction arrived alongside a broader push: the Department launched the Agent Network, the second of seven “Pace-Setting Projects” under its AI strategy, pairing combatant commands directly with commercial AI and defense tech companies to speed intelligence correlation. The U.S. Air Force's 805th Combat Training Squadron ran a capstone exercise on AI-driven command and control, testing human-machine teaming and kill-chain automation with allied participants from Canada and the UK. And separately, the Department is piloting AI agents to automate its Authority to Operate compliance process — using generative AI to handle documentation so software can reach the field faster.

⚡ The Now

The military's AI adoption curve just crossed from efficiency into consequence. Claude suggesting a thousand targets a day inside Maven is a genuine leap in operational tempo — and the school strike is the proof that tempo without a verification layer built for AI-scale target volume produces AI-scale mistakes. The Pentagon's fix — automated cross-checks against commercial mapping data — is itself notable: the safeguard against an AI's error is another AI process, not a slower human one. The Agent Network formalizes this trajectory into policy, explicitly pairing commands with AI vendors rather than waiting for fully validated systems.

→ What's Next

The next 18 months will be defined by how fast the verification layer can be built out to match the targeting layer's speed — expect a new category of defense-AI vendor whose entire product is cross-checking other AI systems' outputs before action is taken. The Agent Network's remaining five Pace-Setting Projects (following GenAI.mil and Agent Network itself, with Swarm Forge and Ender's Foundry named as upcoming) will each need their own accountability framework before Congress and allied militaries fully sign on. Watch whether the ATO automation pilot — a bureaucratic fix — ends up spreading faster than the targeting safeguards, since it carries far lower political risk.

The Decoder
The U.S. integrated Anthropic's Claude into Palantir's Maven Smart System for AI-assisted target selection, suggesting ~1,000 targets on day one; a missed note led to a strike on a school and a new agentic cross-check safeguard.
Air & Space Forces Magazine
The Pentagon launched Agent Network, the second of seven AI Pace-Setting Projects, pairing combatant commands with commercial AI vendors to speed intelligence correlation for strike packages.
GovCIO Media
The Department of War is piloting AI agents to automate its Authority to Operate compliance process, using generative AI to handle documentation and accelerate software deployment.
03
Claude Science Is Here

Anthropic launched an AI workbench that plugs into 60 scientific databases — and it's already designing antibiotics by text prompt for diseases Big Pharma won't touch.

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Anthropic launched Claude Science, an AI workbench for researchers that unifies more than 60 scientific databases and connectors across genomics, proteomics, and structural biology into one reasoning environment. Its first showcased application: Basecamp Research's EDEN model, now accessible through Claude Science, lets researchers design peptides against multidrug-resistant pathogens using natural-language prompts — and in partnership with the University of Pennsylvania, EDEN hit a 97% success rate designing functional peptides against WHO critical-priority pathogens. Basecamp is also expanding its BaseData protein sequence library 100-fold over two years through the Trillion Gene Atlas, a partnership with Anthropic, NVIDIA, PacBio, and Ultima Genomics. Separately, Anthropic disclosed it is launching its own drug discovery programs targeting neglected diseases that traditional pharmaceutical companies consider unprofitable — explicitly to gain preclinical-stage experience that improves its own models. McMaster University's SyntheMol-RL model designed a new antibiotic candidate by searching a constrained chemical space of 46 billion compounds, far beyond what physical lab screens can test. And in the deal-making layer beneath the science, Merck KGaA agreed to acquire Bio-Techne for $11.3 billion while Insilico Medicine and SK Biopharmaceuticals launched a $2.5 billion AI drug discovery partnership targeting neuroimmune disorders.

⚡ The Now

AI is collapsing two separate barriers in drug discovery at once: the computational cost of exploring chemical space (McMaster searching 46 billion compounds versus the hundreds of thousands a physical lab can screen), and the commercial barrier that has kept neglected diseases out of the pipeline entirely (Anthropic explicitly choosing unprofitable targets because the AI, not the market, now justifies the research). Claude Science's 60-database integration turns Anthropic from a model provider into a piece of laboratory infrastructure, sitting inside the actual workflow of antibiotic and vaccine design rather than adjacent to it.

→ What's Next

The neglected-disease drug pipeline is not becoming viable because the economics changed — it's becoming viable because the discovery tool got cheap enough that the economics stopped being the binding constraint. Expect more AI labs to follow Anthropic into direct drug discovery as a training exercise for their own models, blurring the line between an AI company and a biotech. The harder question forming underneath the M&A wave (Merck-Bio-Techne, Insilico-SK) is who owns the IP on a therapeutic an AI model designed from a text prompt — that question doesn't have case law yet, and Claude Science just made it urgent.

GEN
Anthropic launched Claude Science, integrating 60+ scientific databases; Basecamp Research's EDEN model, accessible via the platform, achieved a 97% success rate designing antibiotic peptides against WHO critical-priority pathogens.
The Decoder
Anthropic is launching preclinical-stage drug discovery programs targeting neglected diseases pharma companies avoid on profitability grounds, to gain firsthand experience that improves its models.
SpaceDaily
McMaster's SyntheMol-RL uses reinforcement learning to design antibiotic candidates across a 46 billion compound chemical space, far exceeding traditional laboratory screening scale.
World Pharma Today
Pharmaceutical companies are combining AI-driven computational chemistry, robotic closed-loop experimentation, and high-throughput screening to cut drug discovery timelines from years to months.
04
The Battery Becomes the Business

An Australian energy retailer collapsed from electricity price volatility while a battery storage fleet down the road earned $18 million in a single month. Same grid, opposite outcome — depending which side of the meter you're on.

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Zen Energy appointed administrators after its retail division could not withstand sustained wholesale electricity price volatility, leaving a planned 280MW solar plant and 100MW battery system near Port Augusta unbuilt. In the same market, Australia's fleet of 55 grid-scale battery systems generated an estimated AU$18 million in June 2026 from energy and frequency-control markets, with revenue capture reaching 32% of a perfect-foresight benchmark. Amazon signed a new power purchase agreement for battery storage output at a 220MWh solar-plus-storage site in Australia, layering a separate storage contract on top of its existing solar deal. Engie signed a 10-year flexibility agreement for 625MWh of battery capacity in Spain with developer Ignis. rPlus brought its 800MW solar-and-battery complex in Utah — the largest in PacifiCorp's six-state territory — into full commercial service. AGL deployed a 10.2MWh microgrid for South Australia's largest almond orchard, cutting diesel generator use 88%. And Sunrun, Renew Home, and Tesla agreed to combine their residential battery fleets into what would be the largest distributed power plant in the U.S., exceeding 16GW of capacity aimed partly at powering data centers. Cleantech venture funding reached $15 billion in the first half of 2026, including IPOs from geothermal developer Fervo Energy ($1.9B) and nuclear SMR developer X-energy ($1B).

⚡ The Now

Battery storage has stopped being a hedge against volatility and become the asset that monetizes it. Zen Energy's collapse and the battery fleet's AU$18 million month happened on the same grid, in the same weeks — the retailer was exposed to price swings it couldn't pass through, while the storage operators were structured to capture exactly those swings. Every deal in this cluster, from Amazon's separately-contracted storage PPA to AGL's almond-orchard microgrid, reflects the same repricing: storage capacity is now underwritten and financed as its own revenue-generating asset class, distinct from the generation it used to merely support.

→ What's Next

Expect the Sunrun-Renew Home-Tesla aggregation model — residential batteries pooled into a utility-scale asset — to become the template for how data center power demand gets met without new generation, since 16GW of distributed capacity can be assembled faster than a single new plant can be permitted. Retailers without a storage arm face Zen Energy's exposure as a structural, not cyclical, risk. Watch for volatility-capture revenue to become a standard line item in battery project financing, pulling capital that used to chase generation assets toward storage-specific vehicles instead.

Energy Storage News
Zen Energy collapsed into administration after its retail division could not manage wholesale electricity volatility, leaving a planned 280MW solar and 100MW battery project unbuilt.
Energy Storage News
Australia's 55 grid-scale batteries generated AU$18 million in June 2026 from energy and frequency-control markets, capturing 32% of a perfect-foresight revenue benchmark.
CleanTechnica
Sunrun, Renew Home, and Tesla agreed to combine residential battery fleets into a distributed power plant exceeding 16GW, aimed partly at powering data center demand.
Crunchbase News
Cleantech startup funding reached $15 billion in H1 2026, including Fervo Energy's $1.9B geothermal IPO and X-energy's $1B nuclear SMR IPO.
05
The Farm Becomes a Power Plant

German consumers say they'll pay a premium for solar electricity if it comes off a working farm. Colorado grasslands grow better under panels during drought. The land beneath the array just became part of the product.

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A University of Bonn survey found that 44% of German respondents are willing to pay a premium for electricity generated by agrivoltaic installations — solar panels on land that stays in active farm use — compared to just 29% for electricity from conventional open-land solar parks. Colorado State University and Cornell University published results from a four-year field study at a Longmont, Colorado solar facility showing panels act as a partial drought shield, redistributing water and boosting grassland productivity beneath them during dry years; the two universities are now expanding the research to a new Shortgrass Ecovoltaic facility in Nunn, Colorado, focused on C4 warm-season grasses. In Ohio, the Frasier Solar project partnered with a local farmer to run sheep grazing beneath its panels, while a separate pilot in Madison County is testing forage cultivation under an active array — both consistent with broader SEIA data showing solar poses little threat to farmland use. And at InterSolar Europe 2026 in Munich, exhibitors emphasized the deepening integration of solar with battery storage, EV charging, and grid services across Germany, reinforcing the same market that the Bonn survey measured consumer sentiment for.

⚡ The Now

Agrivoltaics is winning the argument that mattered most for its adoption curve — not yield efficiency, but public trust. The Bonn survey's 44-versus-29 premium gap is a demand signal, not just an ecological one: consumers are treating dual-use land as a distinct, more valuable product category, the way they already do with organic food. Colorado's drought-shield findings and Ohio's grazing partnerships supply the operational proof behind that trust: the land beneath the panels is not being sacrificed for energy production, it is being improved by it.

→ What's Next

Watch for the agrivoltaic premium to formalize into a certification or labeling scheme, similar to how organic or fair-trade labels created a distinct commodity category out of consumer willingness to pay. Land-lease structures will likely start pricing dual-use agrivoltaic access separately from a pure solar lease, since the Bonn data suggests farmers and developers who can credibly claim continued agricultural use command a real price premium on the electricity, not just goodwill from neighbors.

Energies Media
A University of Bonn survey found 44% of Germans would pay a premium for agrivoltaic electricity versus 29% for conventional solar, signaling consumer demand for dual-use farmland energy.
Energies Media
A four-year Colorado State and Cornell study found solar panels boost grassland productivity during drought by redistributing water and shade; a new research facility will extend the work to C4 grasses.
Canary Media
Ohio's Frasier Solar project partnered with a local farmer on sheep grazing beneath panels, while a Madison County pilot tests forage cultivation under an active solar array.
CleanTechnica
InterSolar Europe 2026 in Munich highlighted deepening integration of solar with battery storage, EV charging, and grid services across the German and broader European market.
06
The Infrastructure Premium

NATO wants 1.5% of GDP for civilian infrastructure resilience on top of 3.5% for defense. The UK committed £63 billion to new warheads. A counter-drone radar company just turned profitable. Capital is following the chokepoints, not just the headlines.

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At the 2025 Hague Summit, NATO allies committed to an additional 1.5% of GDP for resilience and security investments by 2035, on top of the existing 3.5% defense-spending commitment — a shift the Atlantic Council frames around Lithuania's model of treating civilian roads, rail, and ports as dual-use defense assets, and the broader Nordic-Baltic approach of whole-of-government resilience planning. CSIS's NATO summit preview noted Russian forces losing ground in Ukraine due to casualties outpacing recruitment, with summit discussions centered on sustaining Ukraine's industrial base and air defense (Patriots, THAAD) even as a UK Defense Secretary resignation exposed the political friction in meeting these spending pledges. The UK itself committed over £63 billion across four years to nuclear deterrent modernization — a new Astraea warhead sharing design lineage with the U.S. W93, Dreadnought-class submarines, SSN-AUKUS boats, and rejoining NATO's Dual Capable Aircraft mission to base American B61-12 bombs on UK soil. Meanwhile Echodyne, a counter-drone radar maker, turned profitable in 2025 with 65% of revenue now from defense clients, and is opening a new $40 million facility to increase radar output tenfold to 30,000 units a year, integrating with Anduril's Sentry towers and Northrop Grumman's fire-control systems. And Canada pledged C$500 million toward Newmont's Red Chris copper-gold mine expansion, aiming to boost the country's copper output 15% as critical minerals become a named security priority.

⚡ The Now

Defense capital is no longer flowing only into weapons platforms — it is flowing into the infrastructure and raw materials that make weapons platforms and civilian life equally targetable. NATO's new 1.5% resilience commitment formally recognizes what Lithuania already treats as doctrine: a road or a port is now a defense asset with a budget line, not just an economic one. Echodyne's shift to 65% defense revenue and profitability shows counter-drone hardware has moved from prototype to durable industrial category. Canada's minerals investment signals governments underwriting supply chains the same way they underwrite weapons contracts.

→ What's Next

Expect resilience-labeled infrastructure investment funds to emerge as NATO members start deploying that 1.5% GDP commitment, with private capital following government backstops into ports, rail, and grid hardening the way it already follows defense primes into weapons contracts. Critical minerals deals like Canada's Red Chris investment will increasingly carry defense-grade government guarantees rather than pure commodity-market financing. And counter-drone manufacturers like Echodyne are the leading indicator for a broader shift: hardware categories that started as niche battlefield responses to Ukraine are becoming permanent, profitable industrial sectors in their own right.

Atlantic Council
NATO allies committed to an additional 1.5% of GDP for resilience investment by 2035, building on Lithuania's model of treating civilian infrastructure as dual-use defense assets.
CSIS
CSIS previewed the NATO summit agenda, noting Russian battlefield losses in Ukraine and summit focus on sustaining Ukraine's industrial base and air defense amid political friction over spending pledges.
Defense News
The UK committed over £63 billion over four years to nuclear modernization, including a new Astraea warhead, Dreadnought submarines, and rejoining NATO's nuclear-sharing mission.
C4ISRNET
Echodyne turned profitable in 2025 with 65% of revenue from defense clients, and is opening a $40 million facility to expand counter-drone radar production tenfold.
International Mining
Canada committed C$500 million to Newmont's Red Chris copper-gold mine expansion, aiming to boost national copper output 15% as critical minerals become a security priority.
07
The Agent Goes to Work

Shopify built AI agents that close sales and recover abandoned carts. Amazon and Anthropic are spending billions embedding engineers inside client teams. A fintech startup built an agent that runs bank compliance paperwork. The AI teammate has a job description now.

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Shopify rolled out a suite of AI agents that operate with defined job functions rather than general chat: recovering abandoned carts, resolving customer service issues, running hyper-specific customer segmentation for retention campaigns, and completing purchases autonomously on a shopper's behalf through agentic checkout. Its Sidekick assistant handles daily merchant tasks and strategic planning. At the infrastructure layer, Amazon Web Services committed $1 billion to a new Forward Deployed Engineer platform that embeds AWS engineers directly inside customer teams to build and launch agentic AI systems tailored to each client's data and governance requirements — and Anthropic is expanding into the same FDE services market, embedding its own AI experts within customer operations rather than just selling API access. Akemona launched CapMark AI Agent, which automates issuer due diligence, structuring analysis, regulatory document preparation, and bookbuilding for banks creating tokenized digital asset offerings. And logistics operators are adopting a parallel set of tools — autonomous mobile robots generating data for AI-driven scheduling, digital twins and IoT sensors for predictive visibility, and blockchain for trade documentation — each replacing a specific, bounded task rather than an entire role.

⚡ The Now

The AI agent conversation has quietly shifted from capability to job description. None of this fortnight's deployments — Shopify's cart-recovery agent, Akemona's compliance-document agent, the logistics AMR scheduling tools — claim to replace a general employee. Each one owns one bounded task with a clear success metric. The more consequential signal is the FDE investment: AWS and Anthropic are both betting that the bottleneck to enterprise AI adoption isn't the model, it's the human labor required to customize an agent to one company's specific data and workflow — which is why they're spending billions on engineers, not just compute.

→ What's Next

Expect the forward-deployed-engineer model to become the actual margin driver and competitive differentiator in enterprise AI, separate from whichever foundation model sits underneath it — a market for agent integration services distinct from the model providers themselves. Akemona's compliance-agent approach in banking suggests regulated industries will keep adopting narrowly-scoped agents with auditable task boundaries well ahead of general-purpose assistants, since a bounded job description is also a bounded liability. The winners in this phase will be measured by how many specific tasks their agents own cleanly, not by how general their AI sounds in a demo.

Shopify
Shopify launched AI agents with bounded job functions — cart recovery, customer service, retention segmentation, and autonomous checkout — alongside its Sidekick merchant assistant.
Computerworld
AWS committed $1 billion to a Forward Deployed Engineer platform embedding engineers in customer teams; Anthropic is separately expanding into the same FDE services market.
ATM Marketplace
Akemona launched CapMark AI Agent, automating issuer due diligence, structuring analysis, and regulatory documentation for banks creating tokenized digital asset offerings.
Inbound Logistics
Logistics operators are adopting autonomous mobile robots, digital twins, IoT sensors, and blockchain — each automating one bounded task rather than a general role.

Frontier Science Feeding the Machine

The research signals underneath the enterprise headlines — breakthroughs from labs and universities that will restructure industries within a decade.

AI Infrastructure
Hugging Face's Kernels repository added Sigstore code signing and Nix-based hermetic builds for its GPU kernel hub — a supply-chain integrity layer for the shared code AI models increasingly depend on.
Bioprinting
Researchers at Jiangxi Science and Technology Normal University and Southern University of Science and Technology used direct-ink-writing 3D printing to build hydrogel-based bioelectronic devices for medical interfacing.
Neuroscience / Drug Discovery
University of Arizona researchers showed the experimental compound XL20 extended survival in ALS mouse models by targeting the low-complexity domain of TDP-43, a protein implicated in most ALS cases.
Semiconductor Physics
EPFL researchers developed the DD-r2SCANH computational method, improving the accuracy and speed of predicting electronic properties in semiconductor materials for next-generation chip design.
Robotics
With China producing 54% of the world's industrial robots, firms including AIRoA, Toyota, Booster Robotics, and Unitree are reshaping the competitive landscape Japan's robotics industry must now respond to.
Regenerative Medicine
USC researchers developed Wnt-secreting synthetic organizer cells that reliably guide stem cell differentiation into kidney organoids, addressing a long-standing reproducibility problem in organoid research.
Energy Storage
Companies including Redwood Materials, Moment Energy, and B2U Storage Solutions are repurposing used EV batteries — including packs from Waymo's fleet — into grid-scale backup storage systems.
Photonics / Materials
Zhejiang University researchers led by Professor Bin Zheng combined programmable metasurfaces with AI control systems, enabling real-time reconfigurable manipulation of electromagnetic waves.
Semiconductor R&D
UCLA launched a $125 million semiconductor research hub in partnership with five companies, aimed at accelerating AI chip research and rewiring the industry-academia pipeline.
Spintronic Computing
National University of Singapore researchers led by Professor Yang Hyunsoo developed probabilistic computing processors using spin-transfer-torque magnetic tunnel junctions, promising faster optimization at a fraction of the energy cost.