BusinessAnthropic CEO rejects claim his warnings fueled AI backlash; calls for regulation and breakthrough applicationsAnthropic CEO and co-founder Dario Amodei said his warnings about AI centralizing power and displacing jobs did not create anti-AI sentiment, and urged stronger regulation and tangible breakthroughs like curing diseases to counter criticism.2 min read
BusinessInvestor seeks and would finance "the next Disney" built on traditional valuesAn investor said in a community post that they want to find and finance "the next Disney," emphasizing American spirit, merit, family, optimism and the values of overcoming adversity.1 min read
BusinessNvidia reports nearly $21bn in SpaceX shares; stake linked to xAI investmentNvidia disclosed owning nearly 123 million SpaceX shares—about $21 billion at the end of June—per an SEC filing.3 min read
BusinessSpaceX completes acquisition of AI coding startup CursorSpaceX has completed its acquisition of AI coding startup Cursor, a deal first announced in April that included a $60 billion buyout option.2 min read
BusinessFairground's 24/7 AI TV Channel Faces High Compute Costs and Low Ad RevenueFairground Entertainment launched Fairground AI Creator TV this month, a 24/7 FAST (free ad-supported streaming TV) channel composed entirely of AI-generated video and AI-created ads.2 min read
BusinessOpenAI reshuffles senior leadership as it prepares for an expected IPOA string of senior OpenAI executives — including the chief revenue officer, a former COO and several safety and ethics leaders — have left within about a month as the company reorganizes its leadership ahead of an anticipated IPO.3 min read
BusinessVendor-backed debt lets Anthropic finance nearly $50B in compute and datacenter buildoutAnthropic arranged nearly $50 billion of debt financing in early 2026 to fund a $50 billion US compute and datacenter buildout announced in November 2025, despite having under $9 billion in annualized revenue at the time.8 min read
BusinessRobinhood launches second venture fund to give retail investors access to early-stage startupsRobinhood on Thursday listed its second venture capital fund, Robinhood Ventures Fund II (RVII), on the New York Stock Exchange to enable retail investors to buy into early- and growth-stage private startups.3 min read
BusinessDatabricks raises $5 billion at $190 billion valuation amid intense investor demandDatabricks announced a $5 billion private funding round that values the AI-focused data company at $190 billion.3 min read
BusinessIBM partners with OpenAI to expand enterprise AI deploymentsIBM announced a partnership with OpenAI to integrate OpenAI’s models and tools into IBM Consulting offerings and train tens of thousands of consultants on OpenAI technologies.3 min read
BusinessAdyen: AI shopping agents raise the importance of direct customer relationships and loyalty programsAdyen warns that the rise of AI-based shopping agents could weaken retailers' direct ties to customers by recommending merchants and initiating payments on shoppers' behalf.2 min read
BusinessFrom One Dog to a Startup: AI, mRNA and Unproven Claims at GamgeePaul Conyngham, an Australian tech entrepreneur, founded Gamgee after using ChatGPT and Grok to design a personalized mRNA cancer vaccine for his dog Rosie.2 min read
