Alibaba Abandons Open-Source AI After Building Empire On It
Alibaba just released its third closed-source AI model in three days, marking a hard pivot from the open-source philosophy that made it a global AI leader.
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Zhipu AI Hit $105M Revenue While US Competitors Burned Cash
China's AI race just printed its first public earnings report, and the numbers tell you everything about who's winning the global agent economy. Zhipu AI posted $105M revenue in 2024, up 132% year-over-year, with net losses widening on R&D spend
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SEC Drags Musk to Trial Over Hidden $500M Twitter Share Stockpile
Elon Musk's 2022 Twitter takeover is heading to trial, three years later, because the SEC claims he hid how many shares he'd already bought. Musk and the SEC told a judge they're heading toward trial over allegations he violated disclosure rules before his $44 billion Twitter acquisition in 2022
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US Can't Power the AI It's Building
While Washington debates AI policy, the real constraint isn't regulation—it's whether we can physically power the buildout. US policymakers are wrestling with AI infrastructure bottlenecks, particularly energy capacity limitations that are slowing data center expansion
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Hollywood Threw an AI Party While OpenAI's Sora Lay Dead in the Corner
Hollywood held an AI pep rally a week after OpenAI killed Sora, and almost everyone pretended not to notice the body. Runway hosted an AI Summit where speakers compared generative AI to fire and the printing press, just days after OpenAI shut down Sora
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SpaceX Files for Largest IPO in History as Musk Bets Big on AI Infrastructure
Elon Musk's SpaceX just filed confidentially for what could be the largest IPO in history, and the timing tells you everything about who's winning the infrastructure war for AI. SpaceX has filed confidentially for an IPO, positioning for what sources say could be the largest public listing ever
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Bain Capital: Most CEOs Are Implementing AI Completely Backwards
The smartest money in private equity just said most CEOs are implementing AI backwards. Bain Capital's David Gross told Bloomberg that executives are treating AI as a technology deployment problem instead of a fundamental business redesign.
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ChatGPT Invents WIRED Reviews That Don't Exist—And This Is How AI Agents Will Lie to You
ChatGPT is confidently citing product recommendations that WIRED's reviewers never made, and it's a blueprint for how AI agents will fail you when the stakes actually matter. WIRED tested ChatGPT's ability to surface their own expert product recommendations and the AI got them consistently wrong
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Mercor's AI Recruiting Platform Breached Through Poisoned Open-Source Code
The supply chain for AI infrastructure just proved it's as vulnerable as any other software stack, and this time the target was a company literally replacing human recruiters with agents.
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Morgan Stanley: Dealmakers Betting Big While Boards Can't Keep Up With AI
Morgan Stanley says dealmakers are ignoring the chaos and buying anyway, even as AI creates winners and losers faster than most boards can track. Companies are still doing M&A despite geopolitical volatility, energy market swings, and AI's uneven impact across sectors
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Bain Capital: Most CEOs Are Deploying AI Backwards
Bain Capital is telling CEOs they're deploying AI like they're installing new software, and that's exactly why most AI projects are going nowhere. Bain Capital Managing Partner David Gross says executives are treating AI as a tech rollout instead of a business model rethink
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VCs Who Just Wrote OpenAI $122B Admit Valuations Are Insane
OpenAI just raised $122 billion at an $852 billion valuation, and even the VCs cutting the checks are saying valuations are "punchy." OpenAI closed its largest fundraising ever at $122 billion, pushing its valuation to $852 billion while Anthropic hit $380 billion
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OpenAI Worth More Than Berkshire Hathaway But Still Loses Money
OpenAI just hit $852 billion in valuation, making it worth more than Berkshire Hathaway, and nobody's asking the right question: who's actually making money? OpenAI closed a funding round at $852 billion valuation, surpassing most S&P 500 companies despite unclear path to profitability
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OpenAI's $852B Valuation Now Exceeds ExxonMobil's Market Cap
OpenAI just raised $122 billion in a single round, hitting an $852 billion valuation, and if you think that's normal venture capital, you're missing the entire story.
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Google Ships Agent Economy Blueprint Through March AI Blitz
Google just shipped a month of AI updates that tell you exactly where they think the agent economy is heading. Google released its March 2026 AI updates, signaling their strategic positioning in the agent economy infrastructure layer
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OpenAI Hits $122B Valuation as Investors Dump Their Shares
OpenAI raised $122 billion and investors are running for the exits. OpenAI shares are flooding secondary markets despite a recent massive funding round, while Anthropic emerges as the preferred bet among sophisticated investors
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Moody's Just Rated a Bitcoin-Backed Muni Bond and Changed Everything
Moody's just rated a Bitcoin-backed municipal bond, and the collision of crypto volatility with municipal safety is now officially investable. A Bitcoin-backed municipal bond has received a Moody's rating, marking the first time crypto collateral backs tax-exempt government debt
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Bitcoin Lost Half Its Value While Prediction Markets Called It Perfectly
Prediction markets didn't kill crypto—crypto killed itself, and now the smart money is betting on reality instead of vibes. Bitcoin crashed from $126K in October to $63K today while prediction markets Kalshi and Polymarket doubled in value to $22B and $20B respectively.
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Google Rushes AI Videos to Kids Before Anyone Knows What They Do
Child development experts are demanding Google ban AI-generated videos from YouTube Kids before we find out what synthetic content does to a generation of toddlers. Child development experts are pushing Google to block AI-created videos from both YouTube and YouTube Kids platforms
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Anthropic Leaked Plans for an AI Agent That Works While You Sleep
Anthropic just leaked the blueprint for something way more interesting than another coding assistant: an AI agent that works while you're not watching.
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