Welcome, Weekenders! In this newsletter:• Shopping: Introducing the Summer Fun List—gear, gadgets and toys that all come highly recommended• AI: Where is China ahead of America? In cracking down on AI romances • Plus, Recommendations—our weekly pop culture picks: “The Last Twelve Weeks,” “The Nord Stream Conspiracy”and “The Dark Wizard”Just after 3 in the afternoon last Wednesday, I walked into Corgi Cafe, a coffee shop in San Francisco’s Financial District... Read more ›
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SpaceX’s strong first week of trading made one thing clear: Racing through its IPO at warp speed cost it nothing. The company went from initial confidential filing to listing in just 74 days, much faster than other tech IPOs in recent years, including those of CoreWeave, Figma and Airbnb, an analysis of securities filings shows. Initial public offering lawyers and consultants say the speed reflects a more hands-off approach adopted... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: The brains behind Bernie’s AI sovereign wealth fund? A Silicon Valley law professor  • The Takeaway: How I learned to love Mark Rober• E-commerce: The fast-growing Thiel-backed startup defying a creator economy slowdown• Plus, Recommendations—our weekly pop culture picks: “Foul Play,” “The Feather Wars” and “Portobello”A couple days ago, I snagged a red-hot invite: David Holz, the Midjourney founder, was throwing a... Read more ›
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A couple of weekends ago, Sarah Polcz, a University of California, Davis, law professor, and her husband, Adam Brown, a top scientist at Google’s DeepMind, hosted a party at their Portola Valley home that had all the trappings of a geeky good time. One guest piloted a drone that rained down ice cream bars on the kids in attendance. At the swimming pool, people took turns riding on a minihouseboat—the... Read more ›
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The Chainsmokers are back. They released new songs in May—and are raising a new venture fund.Their firm Mantis VC is raising its fourth fund, an unofficial milestone that graduates them from emerging managers to just regular old VCs. Read more ›
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There are online marketplaces that sell eclectic mixes of antiques, auto parts and electronics. Then there is Whop, a bustling bazaar for buying mostly digital experiences rather than physical goods. On the site are merchants like PreMedley, which charges $27 per month for access to online tutoring groups, study materials and videos offering advice on applying to medical school. Another merchant, Pro Sports Advice, sells horse-racing insights and betting tips... Read more ›
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Amazon MGM Studios has dropped a nearly complete movie on OpenAI CEO Sam Altman, Variety reported Friday, confirming an earlier report from Puck. Amazon’s decision comes a few months after the tech giant invested in OpenAI and struck a deal allowing Amazon to offer Open AI-powered cloud ... Read more ›
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The early Chinese backers of AI firm Manus are planning to buy the firm back from Meta Platforms at the $2 billion price Meta paid, in response to a Chinese government order that the Meta deal be reversed, The Information reported. Since Meta’s acquisition in December, Manus, which operates a ... Read more ›
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Achieving the largest IPO in history wasn’t the only record that SpaceX set. It’s now agreed to complete the largest acquisition of a venture-backed startup in history, its $60 billion dollar purchase of Cursor. The acquisition will make its founders billionaires, and it should provide billions in returns for investors like Thrive Capital and Accel. It also gave venture investors hope that other mega deals for startups are coming. Read more ›
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No one can rival OpenAI for internal drama. But in recent days, Meta Platforms seems to be trying its best to do so. Earlier this week, Wired reported that Chief Technology Officer Andrew Bosworth told staff Meta had done an “atrocious” job of launching a new AI division. That report followed another one in Wired about the internal dissatisfaction within the company’s applied AI division, citing Chief Product Officer Chris... Read more ›
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Shares of technology consulting firm Accenture fell 18% Thursday to their lowest price since 2017 after the company reported a decline in new bookings and revenue growth during the May quarter. The result bolstered the idea that AI tools will hurt consulting firms like Accenture that utilize ... Read more ›
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Vox Media titles including The Verge, SB Nation, The Dodo and Thrillist have been acquired by Penske Media, Vox said, completing the breakup of one of the early digital media upstarts. The deal comes a few weeks after James Murdoch bought other Vox Media titles, including New York magazine and ... Read more ›
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Prediction market Kalshi is generating more than $2 billion in annualized revenue, up about three times from November, as traders betting on NBA and World Cup games drove a surge in trading volume, according to people familiar with the company’s financials. Kalshi’s fast growth has led its top executives to hold informal conversations with investment banks about an eventual public offering. The eight-year-old startup wants banks seeking to advise it... Read more ›
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One day last fall, my third-grade son came home and proudly announced that he had watched YouTube at school. I was miffed, wondering what the teachers were doing while they plopped the kids in front of a screen. “Don’t worry, Mom,” my son said. “We watched Mark Rober.” I felt a little better. I was familiar with Rober’s highly engaging science experiments, and The Information had profiled his booming creator... Read more ›
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When a group of tech companies announce an agreement to support an AI backend-software protocol, we don’t blame corporate IT executives for not paying attention. It sounds quite boring.But one such announcement on Wednesday from Google, Microsoft, Salesforce, Snowflake, ServiceNow and others is worth paying attention to. It demonstrates one way established enterprise software providers may parlay their large customer base into an AI business that won’t be decimated by... Read more ›
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Sen. Bernie Sanders (I-Vt.) introduced a bill on Thursday that would establish a $7 trillion sovereign wealth fund that would provide the American public with a 50% ownership stake in the top AI companies. “What this bill does is not complicated,” he said during a press briefing on Thursday. “It ... Read more ›
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Amazon’s status as the home of independent merchants is eroding. The e-commerce giant has lately overhauled its shopping site to give big brands more control over how their products are displayed and sold. The company recently told them it would give them priority over independent merchants in deciding how their products are described on its website. That’s important because many independent merchants sell big-brand products. Read more ›
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After the success of OpenClaw, an open-source AI agent software that took the tech world by storm earlier this year, it’s no surprise that copycats are popping up. And some of these copycats are catching up to OpenClaw, by some measures.Hermes, an agent tool from Nous Research, recently eclipsed OpenClaw in terms of new GitHub contributors in the last 30 days, according to GitHub data compiled by ClawCharts, which tracks... Read more ›
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The early Chinese backers of AI firm Manus are planning to buy the firm back from Meta Platforms at the $2 billion price Meta paid, in response to a Chinese government order that the deal be reversed, according to two people with direct knowledge of the matter. While the government’s order has sparked alarm among Chinese startup founders, seemingly cutting off the U.S. as an avenue for fundraising or sale,... Read more ›
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AI image generation company Midjourney on Wednesday launched the first of its long-awaited hardware projects: a full-body scanner for detecting diseases and other health issues. The company’s founder and CEO David Holz claimed the machine is more detailed than an MRI. Midjourney has spent years ... Read more ›
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Noam Shazeer, the Google DeepMind researcher whose work underpinned the generative AI boom, is joining OpenAI, the AI firm told staff on Wednesday. Shazeer left Google in 2021 to co-found a chatbot startup Character.AI, but rejoined Google’s AI team DeepMind in 2024 as part of a $2.7 billion deal with his AI startup. He then became a tech lead on Gemini, Google’s core AI model, and made key contributions to... Read more ›
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27.07.2026 14:29
Last update: 14:21 EDT.
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