Welcome, Weekenders! In this newsletter:• The Big Read: The tech elite are using AI to supercharge their cancer battles • Artificial Intelligence: Should AI and Christianity mix? • Tech Culture: Amid AI backlash, billionaires demand new breed of bodyguard—plus, inside the star-studded Breakthrough Prize gala • Plus, Recommendations—our weekly pop culture picks: “Family Lore,” “The Long Run” and “Scream 7”Let’s get straight to one of the biggest happenings at Google... Read more ›
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Circle, the second-largest stablecoin issuer, jumped 35% Monday after reporting strong revenue and profit growth in the fourth quarter, paring most of the stock’s decline this year amid a crypto downturn. Circle’s performance shows the growing split between speculative cryptocurrencies ... Read more ›
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Bob McGrew, the former chief research officer at OpenAI and an adviser to Thinking Machines Lab, is starting a new company that will build AI-powered software for manufacturing, according to a person with knowledge of the company. McGrew is cofounding the startup with Augustus Odena, a well ... Read more ›
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DoorDash said Wednesday it will cease operations of its Deliveroo and Wolt brands in Qatar, Singapore, Japan and Uzbekistan. The shutdowns come after a review of country-specific conditions, DoorDash said, and they aren’t expected to materially impact DoorDash’s outlook. Going forward, the ... Read more ›
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Saronic, a startup that builds autonomous warships, is raising as much as $1.5 billion in a financing that would value the company at about $7.5 billion, before including the investment, two people with direct knowledge of the matter said. Kleiner Perkins, the storied venture capital firm that has done few defense tech deals until now, has agreed to lead the round, the people said. It would more than double the... Read more ›
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Sheel Mohnot, a general partner with venture capital firm Better Tomorrow Ventures, made the case on TITV on Wednesday why PayPal might make sense for Stripe, which Bloomberg reported on Tuesday was looking seriously at buying the company. Mohnot noted that the strategic value lies in PayPal’s “ ... Read more ›
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Bill Gates told staff of his charitable foundation that he’s sorry for maintaining a relationship with Jeffrey Epstein, but said he didn’t participate in any of Epstein’s crimes, the Wall Street Journal reported Wednesday. Files recently released by the Justice Department indicated that Gates ... Read more ›
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General Atlantic is selling part of its stake in TikTok-parent ByteDance at a $550 billion valuation, according to a report from Reuters. A sale at this level would be a marked jump from the $330 billion the company was valued at in a share buyback last year, the report says. In January, the ... Read more ›
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There are few sure things in business, but here’s one: If you want to start a fast-growing company, lend money. The demand for loans is insatiable, and if you offer a good deal, you’ll have a line stretching down the block.Fair warning: The good times may not last long, and the downturn could be ugly. Private market lender Blue Owl is living through the downturn part. The struggles of the... Read more ›
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OpenAI executives have repeatedly signaled, both publicly and privately, that the only factor limiting the company’s revenue growth is access to computational resources. Chief Financial Officer Sarah Friar wrote an entire blog post on this topic earlier this year, and OpenAI executives highlighted the message again in a presentation to investors last week.In the meeting, execs emphasized how the company has struck a variety of deals in recent months with... Read more ›
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The AI shopping race is shifting quickly. In less than six months, AI companies have mostly stopped trying to make agents that browse and shop directly on retail sites and have focused instead on putting checkout features inside AI chatbots. That’s elevated the importance of the engineers who have been building these shopping features as well as the executives working on commercial partnerships related to them. With that in mind,... Read more ›
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Shein’s elusive founder Xu Yangtian made a rare public appearance on Tuesday in a forum hosted by the government of Guangdong, and pledged to invest 10 billion yuan ($1.5 billion) in the Chinese province in the next three years. In a short speech, Xu said that Guangdong is where Shein has its ... Read more ›
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Anthropic ended a commitment to not train or release risky models without commensurate safeguards, replacing it instead with a more narrow policy that only requires such restraint in particular cases, including if Anthropic is “in the lead” among competitors. In an announcement of the shift, ... Read more ›
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CoreWeave is nearing a deal to raise $8.5 billion in debt backed by its AI chips and contracts from Meta Platforms to purchase cloud services, said a person with knowledge of the deal. The cloud company expects to pay an interest rate of about 6% for the debt, which it expects will receive an A- ... Read more ›
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Talk about symbolic. This week’s annual conference for bankers and investors who play in the arcane world of asset securitization—selling debt backed by mortgages and other cash streams—was disrupted when an exhibit hall at the convention in Las Vegas caught fire on Monday night. I’m not kidding. You could say the blaze was a physical manifestation of the financial risks associated with the topic on attendees’ minds: data centers.I’m at... Read more ›
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Secretary of War Pete Hegseth threatened on Tuesday to invoke the Defense Production Act to force Anthropic to let the Pentagon use its AI models for “any lawful use,” if Anthropic does not agree to those terms voluntarily by Friday, according to a person familiar with a meeting attended by ... Read more ›
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OpenAI has become increasingly optimistic about the revenue it expects to generate from both consumers and businesses, pushing up its projections for the next five years. Clouding those forecasts, however, are escalating cloud server costs that have outstripped revenue growth.Those pressures were stark last year, when OpenAI’s gross margins fell to 33% from 40% in 2024, missing its own forecasts of 46%. Archrival Anthropic, which also recently raised its revenue... Read more ›
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Workday stock fell as much as 8% in after-hours trading Tuesday as the HR software maker said subscription revenue growth would slow in the current fiscal quarter ending in April, fueling fears about the impact of AI on its business model. Workday reported subscription revenue of $2.36 billion ... Read more ›
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Workday stock fell as much as 8% in after-hours trading Tuesday as the HR software maker said subscription revenue growth would slow in the current fiscal quarter ending in April, fueling fears about the impact of AI on its business model. Workday reported subscription revenue of $2.36 billion ... Read more ›
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Adept cofounder David Luan, who has been a vice president of autonomy and the AGI San Francisco Lab at Amazon for less than two years, is leaving the tech giant, Luan said on Tuesday. Luan had joined Amazon in 2024 when Amazon reportedly spent more than $300 million to license the startup’s ... Read more ›
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Larry Ellison and his son David suddenly have moved into pole position to win control of Warner Bros. Discovery, outmaneuvering Netflix. WBD’s board announced Tuesday that it had “determined” that the latest offer from the Ellison-controlled Paramount Skydance “could reasonably be expected to ... Read more ›
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03.05.2026 09:22
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