AI boom meets its leverage problem after 67% fund collapse
Leopold Aschenbrenner’s Situational Awareness AI hedge fund lost around 67% of its value in July. This was the result of…
Anthropic CEO Doubles Down on AI Curing Most Diseases Within a Decade
Dario Amodei is not known for being the most active on X but yesterday on August 16, his two-part reply…
Can Anthropic’s $65B AI funding push its valuation to $2 trillion?
Anthropic’s Claude Opus 5 has climbed to the top of the AI intelligence rankings, and the company behind it is…
OpenAI team disbanded: risk oversight scattered as IPO nears
OpenAI has quietly pulled apart one of its most important internal safeguards, disbanding the team responsible for spotting the most…
ECB warns euro area defence spending could raise long-term borrowing costs
Defence budgets across the euro area are climbing fast, and the European Central Bank is now putting numbers behind what…
Nasdaq futures rise 170 points: 5 things to know before Wall Street opens
US stock futures pointed to a tech-led start on Monday as investors returned from a third straight week of S&P…
What Stripe’s $7 Billion OpenRouter Deal Actually Means for AI
In brief Stripe finalized an agreement to acquire OpenRouter for more than $7 billion. OpenRouter routes traffic from around 8…
Prediction markets set date when SpaceX will merge with Tesla
Prediction market traders are increasingly betting that a Tesla (NASDAQ: TSLA) and SpaceX (NASDAQ: SPCX) merger could happen in the…
MSTR has lost 75% of its value since STRC began trading
Bitcoin treasury company Strategy diluted shareholders of MSTR, the company’s common stock, by $333.7 million last week and bought no…
Saylor says share buyback isn’t priority as Strategy builds $4.8 billion cash reserve
It’s not a priority, said Executive Chairman Michael Saylor, but Strategy (MSTR) could buy back its own shares if they…