Welcome, Weekenders! In this newsletter:• The Big Read: Inside ZaiNar, the secretive startup hoping to power the physical AI era • Policy: Meet the Trump official who wants to deliver a win to prediction markets • Plus, Recommendations—our weekly pop culture picks: “Expanse: The Nannup Four,” “The Infinity Machine” and “Beef”Watching the Elon Musk versus OpenAI trial from inside the courtroom gave me a front-row seat to the AI boom’s... Read more ›
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Tesla announced a downgraded version of its Model Y sports utility vehicle on Tuesday that will sell for $40,000 in the U.S., $5,000 less than the cheapest version of the existing Model Y. The new model represents a bid by Tesla to juice sales following the expiration of a $7,500 U.S. tax credit ... Read more ›
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Stoke Space, a startup building reusable rockets that are smaller than SpaceX’s, is raising hundreds of millions of dollars in a funding round that would value it at nearly $2 billion, roughly double its last private round, two people familiar with the matter said. The new lead investor is Thomas Tull’s U.S. Innovative Technology Fund, one of the people said. Investors consider Stoke—run by Andy Lapsa, an alum of Jeff... Read more ›
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Semiconductor giant Qualcomm announced Tuesday that it will acquire Arduino, the Italian electronics company known for its affordable circuit boards that are popular with hobbyists. The price of the deal was not announced. The companies also announced the Uno Q, a new circuit board that includes ... Read more ›
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Over the past year, companies have been tinkering with generative artificial intelligence to create customized agents that automate complex tasks, but they’ve gotten mixed results. Now, OpenAI is pushing a new suite of tools to make the assembly of agents easier, and to peel customers away from competitors like Anthropic and Google.OpenAI on Monday announced Agent Builder, a set of tools for configuring agents to resolve IT support tickets or... Read more ›
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Internal Oracle documents revealed the challenging financials behind the booming artificial intelligence cloud industry, which focuses on renting out Nvidia server chips to AI developers such as OpenAI, Meta and xAI. In the three months ending in August, Oracle’s rental of Nvidia-powered servers ... Read more ›
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The history of art is the history of technology. And generally, each time technology has advanced and helped a new medium flourish, the legal system has evolved to support the artists pushing the boundaries of human creativity. Yet our approach to the newest frontier—works created with generative artificial intelligence—threatens to unwind over 100 years of legal precedent, endangering emerging artists and stagnating creativity. Policymakers and courts should recognize media created... Read more ›
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Oracle became the best-performing megacap stock of 2025 after its executives said last month that the once-sleepy database firm will generate an astonishing $381 billion in revenue from renting out specialized cloud servers to OpenAI and other artificial intelligence developers over the next five fiscal years. But internal documents show the fast-growing cloud business has had razor-thin gross profit margins in the past year or so, lower than what many... Read more ›
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Dell doubled its forecast annual revenue growth rate, to between 7% and 9%, and doubling its earnings growth rate to at least 15%, as it cashes in on the demand for AI chip-powered servers. Dell shares were trading up 2.7% on Tuesday morning. Dell is one of a few server makers that package ... Read more ›
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International Exchange, the owner of the New York Stock Exchange, will invest up to $2 billion in Polymarket, the prediction market that is aiming to return to the U.S. The investment values Polymarket at $8 billion before the new money and gives it the backing of one of the world’s biggest ... Read more ›
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OpenAI on Monday unveiled its biggest-yet effort to bring all of the web’s consumer activities directly into ChatGPT, as it aims to turn the chatbot into a so-called superapp that people can use to control any app in their lives—similar to Facebook’s efforts from 15 years ago. But before we get too excited, we should remember we’ve been here before. The “apps in ChatGPT” feature allows people to access apps... Read more ›
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When Elon Musk takes the stage at Tesla’s annual meeting next month, one the centerpieces of his plan to impress shareholders will be a dancing troupe of Optimus bots, the humanoid machines that he says will eventually eclipse Tesla’s electric vehicle business, which is suffering from flagging sales growth. Behind the scenes, however, the Optimus program has been embroiled in technical problems. Targets Musk set for Tesla to make thousands... Read more ›
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Elon Musk’s XAI has hired Anthony Armstrong, a former Morgan Stanley banker, as the artificial intelligence startup’s new CFO, according to the Financial Times. Armstrong replaces Michael Liberatore, who had left xAI for OpenAI amid an exodus of senior staff. Armstrong had advised on Musk’s $44 ... Read more ›
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Sam Altman’s “Everything Everywhere All at Once” strategy for OpenAI was on full display on Monday. Early in the day, the ChatGPT creator revealed that it will work with Advanced Micro Devices to use that company’s artificial intelligence chips, the latest example of OpenAI’s wide-ranging efforts to assure itself of more computing capacity. The news sent AMD’s stock rocketing 24% and surely irritated Nvidia CEO Jensen Huang a little. While... Read more ›
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OpenAI on Monday announced new features to allow users to access external apps, such as Zillow or Spotify, through ChatGPT. That paves the way for ChatGPT to become a “super app” that allows users to complete a range of tasks without leaving the app. At the company’s developer event, which ... Read more ›
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CoreWeave said Monday it had bought startup Monolith AI for an undisclosed price, adding to the cloud provider’s software company acquisitions as it tries to expand beyond its core server rental business. Monolith AI, founded in 2016, sells software used by teams of engineers at companies ... Read more ›
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The Securities and Exchange Commission is investigating mobile ad technology company AppLovin’s data collection practices, Bloomberg reported on Monday. The regulator is looking into whether AppLovin violated the terms of companies it partners with in its approach to targeted advertising, ... Read more ›
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Verizon abruptly replaced its CEO, Hans Vestberg, with PayPal’s former CEO Daniel Schulman, in a sign the cellular giant is hoping to shake up its stalled business. Schulman, who is in his late 60s, had been a director of Verizon since 2018 and the lead independent director since last December. ... Read more ›
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Before we get to today’s column, in a sign of how insatiable OpenAI’s appetite for computing power is, the ChatGPT-maker and Nvidia rival Advanced Micro Devices announced a partnership Monday morning that would see OpenAI deploy six gigawatts of AMD’s chips over multiple years, starting in the second half of next year. As part of the deal, OpenAI will receive the option to purchase up to 10% of AMD stock... Read more ›
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OpenAI and Advanced Micro Devices announced on Monday a new partnership that would see OpenAI deploy six gigawatts of AMD’s chips over multiple years, starting in the second half of next year. That deal is larger than the $300 billion, 4.5 gigawatt cloud deal OpenAI struck with Oracle earlier ... Read more ›
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Peter Thiel’s Founders Fund is doubling down on its biggest artificial intelligence bets, embracing a concentrated strategy as rivals spread their bets across a wide swath of startups. Among them are OpenAI, data center builder Crusoe and General Matter, a nuclear fuel startup the firm has incubated, Founders Fund said at its recent annual general meeting for investors. In contrast, other venture firms have poured money across the AI landscape,... Read more ›
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10.05.2026 04:26
Last update: 04:20 EDT.
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