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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The crypto world has gotten some early Christmas presents. The Securities and Exchange Commission has dismissed some Biden-era lawsuits, and the industry has helped push through landmark stablecoin legislation. Crypto companies have also made strides on a lingering problem: access to the mainstream financial system. But that is still a bottleneck for the industry.First, the wins. This month, Circle and Ripple were among five crypto firms that won national trust... Read more ›
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Alphabet said Monday that it agreed to buy clean energy developer Intersect Power for $4.75 billion in cash plus existing debt, as the Google parent looks for more ways to power AI. Alphabet already took a minority stake in Intersect last December when the data center operator announced a ... Read more ›
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More than two years after Nvidia CEO Jensen Huang shared his vision to develop a cloud computing service that could rival Amazon Web Services, he has backed away from competing with such cloud providers and last week reorganized his company’s cloud team, according to several people with knowledge of the organizational change and an internal memo about it. The restructuring, shared with some employees in a memo last week, reassigned... Read more ›
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Coinbase said it is buying The Clearing Company, a less than one-year old prediction market startup, bringing a team of specialized talent to the prediction business it launched last week. Terms of the deal were not disclosed. The Clearing Company, founded in March and based in San Francisco, ... Read more ›
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Erebor, the new crypto-friendly bank backed by Anduril’s founder Palmer Luckey, has raised $350 million at a $4.35 billion valuation led by Lux Capital, Axios reported. Erebor, also backed by Peter Thiel’s Founders Fund, is set to join a small but growing number of banks, such as Lead Bank and ... Read more ›
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Tech titans from Elon Musk to SoftBank’s Masayoshi Son have envisioned humanoid robots working next to people in factories, schools and homes. Realizing that future will require humanoid makers to assure their human customers that the robots won’t harm them. To help ease those concerns, robotics companies are working on a set of standards that would guide how humanoids can be safely put to work in industrial settings. That process,... Read more ›
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You’re about to start hearing a lot about data center delays. In fact, executives and investors I’ve been speaking with expect this will be one of the defining themes of 2026, as delays separate world-class operators from the rest of the pack. But to understand what this will actually mean for the artificial intelligence buildout, it helps to be precise about the types of delays the industry is facing and... Read more ›
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When OpenAI in October announced “apps in ChatGPT,” allowing people to use external apps like Zillow or Spotify in ChatGPT—essentially bringing the apps’ core functions into the chatbot—some developers wondered if this would be a blow to consumer apps that would further separate them from their customers. That’s a fear DoorDash, for instance, had expressed behind closed doors.But Kareem Amin, the CEO of Clay, which sells software for salespeople to... Read more ›
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A few weeks ago, Microsoft CEO Satya Nadella sent an email to engineering leaders at the company who were working on a consumer version of Copilot, the AI-powered assistant inside several Microsoft products. A Microsoft manager on the email thread noted that Google’s Gemini chatbot had recently gotten better at connecting with Google Drive for tasks like summarizing the contents of photos stored in folders. Nadella, meanwhile, wasn’t pleased with... Read more ›
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OpenAI’s compute margin, or its share of revenue after the cost of running AI models for paying users, has jumped to about 70% in October from about 52% at the end of last year and roughly 35% in January 2024, The Information reported Sunday. These gains compare favorably to rival ... Read more ›
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We’re heading into the holidays, when a look back at 2025 seems natural (and a good way to make up for the relative lack of news!). Let’s start with Google’s amazing turnaround in 2025. Not only did it emerge mostly unscathed from the antitrust litigation regarding search, it made a giant leap forward in the AI market. Conspiracy theorists will see a significance in the fact that those two things... Read more ›
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Over the past year, Andreessen Horowitz, Sequoia Capital and many of Silicon Valley’s other top venture capital firms have funneled at least $1.2 billion in funding to startups selling technology to city police departments and local public safety agencies. Those companies illustrate the ... Read more ›
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As OpenAI discusses raising an unprecedented investment round of up to $100 billion, it can crow about some key improvements to how it runs its business. While its total computing costs are still high as a percentage of revenue, it is wringing more revenue out of every dollar it spends to run the servers that power ChatGPT’s subscription business and selling access to models to corporate customers. The company’s compute... Read more ›
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Waymo suspended its self-driving car service in San Francisco after a broad power outage in the city. “We are focused on keeping our riders safe and ensuring emergency personnel have the clear access they need to do their work,” said Waymo spokesperson Suzanne Philion in a statement. More than ... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Inside the Anduril-ization of local crime fighting • The Arena: Sports betting is booming—and so are prediction markets• Plus, Recommendations, our weekly pop culture picks—holiday favorites edition:  “2046,” “The Holdovers,” “The Holiday,” “Little Women” (2019), “The Muppet Christmas Carol,” “National Lampoon’s Christmas Vacation” and “The Pink Panther” (1964) In the last year, quite a few of the tech elite have taken up... Read more ›
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Recently, Nick Noone, co-founder and CEO of Peregrine, was introduced to Candace Parker, sports broadcaster and retired WNBA star, by mutual friends. They hit it off. The two share a passion for athletics. (Noone was a Stanford gymnast.) And both have an interest in startups. (Parker is an active angel investor.) After Noone described how his startup sells Palantir-esque data analytics software to local police and public safety departments, Parker... Read more ›
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Prediction markets like Kalshi and Polymarket have gained popularity in the U.S. by letting people bet on everything from elections to Oscar winners to weather trends. But over the past year, a substantial portion of their wagers—and in Kalshi’s case the vast majority—have come from sports betting. And now traditional sportsbooks and crypto exchanges are crashing the prediction market party. DraftKings, one of the two largest online sportsbooks in the... Read more ›
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Google on Friday sued SerpApi, a startup used by OpenAI and other tech companies to access Google’s search data. The suit, filed in federal court in California, accused SerpApi, which scrapes Google’s search results and sells those results to other companies, of bypassing technology restricting ... Read more ›
0
Elon Musk’s 2018 CEO compensation package at Tesla, which had been overturned by a Delaware judge last year, must be reinstated, the state’s highest court ruled on Friday. That means Musk will get options on about 304 million shares, worth more than $139 billion today. The grant will increase ... Read more ›
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TikTok employees working for the company’s U.S. Data Security division will be moved under a U.S. joint venture ownership company in January and will no longer be able to receive Restricted Stock Units from TikTik’s Chinese parent company, ByteDance, staff were told on Friday. The U.S. Data ... Read more ›
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06.05.2026 07:41
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