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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Polymarket was already under pressure to curb insider trading when it launched a program late last year to support startups that sent trades to its prediction market. Those companies quickly began handing suspected insider trading accounts to their own customers, letting them copy those trades. Now Polymarket has launched an audit of those startups. Among them are Kreo, which promises to help users “find insiders before the rest,” and Polycool,... Read more ›
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Amazon will buy satellite firm Globalstar for about $11.5 billion and power satellite features on Apple iPhones, the company said Tuesday, in an effort to challenge SpaceX’s Starlink by adding a direct-to-cell service for its upcoming Leo satellite offering. Globalstar owns wireless spectrum and ... Read more ›
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The mysteries of SpaceX are no more. My colleague Cory Weinberg today wrote the second of two stories in four days that pulled back the curtain on the finances of Elon Musk’s space company, which is planning to go public in a couple of months. You don’t have to wait for the formal IPO filing to get the dirt on SpaceX.The bottom line is that SpaceX as a whole is... Read more ›
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A new set of numbers for Elon Musk’s SpaceX makes it clear that the success of its potential initial public offering will depend on investors embracing the growth of the company’s Starlink satellite internet business. The other two businesses inside SpaceX—rocket launches and AI—are burning cash and not generating the kind of growth that makes investors willing to pay the staggering valuation Musk is seeking, according to previously unreported financial... Read more ›
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Thinking Machines Lab has hired Rudolf Laine and Luke Drago, the co-founders Workshop Labs, a one-year-old startup that develops software for personalizing AI systems, and has bought the startup’s technology, according to a spokesperson for Thinking Machines. The price of the deal was not ... Read more ›
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Dell and HP shares fell about 3% after hours Monday after Nvidia denied a report from website SemiAccurate that claimed the chip giant had been negotiating a deal for more than a year to acquire a large company that makes personal computers. The report didn’t identify the company but Dell and ... Read more ›
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AI firms’ voracious appetite for more data has lifted sales for obscure startups doing the industry’s unglamorous work: contracting with lawyers, PhD holders and medical doctors who grade the answers AI models generate. The latest is Handshake, a 12-year-old startup that began as a job site for college graduates. Handshake’s gross annualized revenue from AI training has risen to nearly $1 billion, up from $550 million in January and $5... Read more ›
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Microsoft is playing catch-up in the AI power race by grabbing big sites in Texas and West Virginia for data centers fired by natural gas. It wasn’t long ago that the company had a big lead.In the early days of the AI boom, Microsoft’s in-house energy team amassed a 9-gigawatt war chest of grid-powered data center sites that was the envy of the industry, according to people with knowledge of... Read more ›
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An OpenAI executive said in a memo to staff Sunday that the company is seeing “staggering” demand for its upcoming joint product with AWS and that its exclusive cloud deal with Microsoft had “limited our ability to meet enterprises where they are,” CNBC reported Monday. As one of OpenAI’s ... Read more ›
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AI developers are getting more creative in how they acquire data to train AI models. For instance, they’re paying startups to develop copies of popular apps, like Salesforce or Excel, to teach models how to use the apps—otherwise known as reinforcement learning environments or gyms.One beneficiary of this trend is Fleet, a two-year-old startup that develops and sells those RL environments. The startup is now in talks to raise at... Read more ›
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Tether, the world’s biggest stablecoin issuer, has hired Jeremy Pollack, most recently vice president of Kinexys by JPMorgan, the bank’s blockchain business unit, to be its institutional expansion manager. Based in New York City, Pollack will build institutional partnerships to promote the usage ... Read more ›
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As Microsoft faces growing competition for business customers from Anthropic, it is developing new features that would make its AI assistant Copilot function more like OpenClaw, the open-source AI agent that has taken the AI industry by storm in recent months. A newly created team under Microsoft corporate vice president Omar Shahine is “exploring the potential of technologies like OpenClaw in an enterprise context,” including a team of always-on agents... Read more ›
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OpenAI CEO Sam Altman addressed an attack on his San Francisco home in a personal blog post on Friday, noting rising criticism of the AI industry and saying there is a need to “de-escalate the rhetoric.” Earlier that day, San Francisco police arrested a man for allegedly throwing a Molotov ... Read more ›
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We interrupt our regular AI programming to talk about something more entertaining: Netflix! The video-streaming giant kicks off tech earnings season on Thursday with its first-quarter earnings. It’s the first quarterly report since Netflix walked away from its $82.7 billion deal to buy Warner Bros. Discovery’s streaming and studio operations, so that distraction is gone. Now we’re back to guessing how long Netflix can keep growing at its recent annual... Read more ›
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Wall Street’s sell-off of enterprise software stocks resumed in earnest late last week, sending stocks such as ServiceNow and Snowflake down around 8% or so on Friday, as jitters over the impact of new AI tools on older software firms intensified. But the panic may be too indiscriminate. One way of sorting out which software firms may have more of a future is to look at their spending on research... Read more ›
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Welcome, Weekenders! In this newsletter:• The Big Read: Meet the father of Claude Code• Artificial Intelligence: The hijinks around tokenmaxxing • Plus, Recommendations—our weekly pop culture picks: “Who Blew Up the Georgia Guidestones?” “Those Who Are About to Die” and “It Was Just an Accident”Over a good many years, “Silicon Valley,” the HBO show, accomplished a very rare feat: It got the elite of Silicon Valley, the place, to laugh... Read more ›
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At tech giants like Meta Platforms, employees may have embraced the idea of “tokenmaxxing” as a way to show off how dedicated they are to using AI in their jobs. Don’t expect businesses beyond the deepest-pocketed tech giants to follow their lead, though. As The Information reported on Monday, employees inside Meta have been competing to see who could rank highest on an internal leaderboard called Claudeonomics as the most... Read more ›
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Meta Platforms is bringing on three senior OpenAI executives who helped lead the ChatGPT-maker’s ambitious Stargate cloud and data center initiative, according to two people with direct knowledge, marking a notable escalation in the battle for AI infrastructure talent. The executives are joining ... Read more ›
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CoreWeave, a provider of cloud computing for AI, on Friday said it had struck a multi-year deal to develop and run Anthropic’s Claude AI models. The company expects the first servers to come online for Anthropic later this year. The two companies didn’t disclose the size of the deal. This is ... Read more ›
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Hong Kong has granted its first licenses to issue stablecoins to HSBC and a joint venture of Standard Chartered, allowing them to issue crypto tokens pegged to Hong Kong dollars. The move comes as Hong Kong pushes to become a global fintech and crypto hub, even as mainland China continues ... Read more ›
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28.04.2026 02:59
Last update: 02:50 EDT.
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