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# Evening Scan
- URL: https://adjacent.media/scan/2026-05-26-pm/
- Published: 2026-05-26T23:08:51.000Z
- Updated: 2026-05-26T23:08:51.000Z
- Description: Markets moved sideways through a slow holiday-week Tuesday. The news cycle offered sharper texture: a papal encyclical on AI, a $640K EV with Jony Ive’s fingerprints on it, and an Uber exec publicly questioning whether AI spend translates to shipped features.
- Author: Jonathan Greene
- Tags: #scan-pm, #scan

Markets moved sideways through a slow holiday-week Tuesday. The news cycle offered sharper texture: a papal encyclical on AI, a $640K EV with Jony Ive's fingerprints on it, and an Uber exec publicly questioning whether AI spend translates to shipped features. The throughline was tech credibility under pressure.

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#### [Ferrari Unveils the Luce, Its First EV — Co-Designed by Jony Ive](https://www.theverge.com/transportation/937066/ferrari-luce-ev-jony-ive-marc-newson-lovefrom?ref=adjacent.media)

Starting at €550,000 in Italy, the Luce is either the most beautiful EV ever made or the most expensive way to upset Ferrari purists — possibly both. *(The Verge)*

#### [Uber President Says AI Spending Is Getting 'Harder to Justify'](https://www.theverge.com/transportation/937116/uber-ai-investment-hard-to-justify?ref=adjacent.media)

Andrew Macdonald saying out loud that it's "hard to draw a line" between AI investment and shipped features is the kind of executive candor that tends to make AI vendors nervous. *(The Verge)*

#### [Pope Leo XIV's First Encyclical Takes on AI and Big Tech Power](https://siliconangle.com/2026/05/25/pope-leo-xiv-highlights-ai-risks-first-encyclical/?ref=adjacent.media)

A 43-page document warning that AI concentration risks governance "by technocratic thinking presented as inevitable" is no longer fringe critique. It's the opening position of 1.4 billion Catholics. *(SiliconAngle)*

#### [Star Citizen Hits $1B in Lifetime Funding — Still in Alpha](https://variety.com/2026/digital/news/star-citizen-1-billion-funding-squadron-42-release-update-1236757420/?ref=adjacent.media)

Fourteen years of development, a billion dollars raised, no release date confirmed. At some point this stops being a cautionary tale and becomes its own category. *(Variety)*

> “It's hard to draw a line between the money we're spending on AI and the features we're actually delivering.” — *Uber President Andrew Macdonald*