The petrostates aren't waiting for permission to own the future — they're buying it wholesale while Western VCs argue over Series A terms. MGX, a two-year-old Abu Dhabi firm, raised $49 billion for AI deals, creating one of the largest sector-specific funds ever assembled
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The global race for AI compute is colliding with one of Africa's most resource-rich, governance-poor economies, and the result is a capital markets experiment that could either unlock billions or become a masterclass in how not to tokenize real assets.
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The chip monopolist just became a venture capitalist with the world's best collateral. Nvidia is offering token credits for its AI hardware to developers and cloud providers in exchange for future revenue share, essentially financing the AI stack with compute instead of cash
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The AI design tools that were supposed to democratize creativity are instead mass-producing digital sameness — now one startup is trying to train its way out of the aesthetic dead zone.
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The most visible face of the AI boom just left the building to build his own bank. Dan Ives is leaving Wedbush Securities after eight years to launch a merchant bank focused on tech, energy, infrastructure, and financials serving corporations and high-net-worth clients.
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The man who wrote the rules that let a billion networks talk to each other says AI is about to repeat the internet's mistakes, unless it learns from them first.
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Wall Street's automation problem just got a $22 million bid from someone who lived it. LinqAlpha Inc., an AI investment research startup founded by a former Goldman Sachs analyst, is closing a $22 million Series A
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The picks-and-shovels play just became a $2 billion bet that AI workloads will need more power, not better algorithms. Switch Inc., the data center operator, is raising ~$2 billion in a funding round led by Andreessen Horowitz
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India's social media landscape is about to get its first real stress test of whether homegrown platforms can stand on their own without a continuous IV drip of venture capital. Mohalla Tech, parent company of ShareChat, Moj, and QuickTV, is planning a $400 million IPO in 2027
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The sitting president now holds more crypto than most venture funds, and almost none of it came from believing in the technology. Trump's crypto portfolio is worth $1.4 billion, primarily from his memecoin and World Liberty Financial, his family's crypto company
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When your SpaceX bet returns $100 billion, your next move defines whether you got lucky or you see something the rest of us don't. Antonio Gracias, early SpaceX board member, turned his venture bets into nearly $100 billion and is now hunting for the next frontier in AI, energy, and space
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Four Italian college friends just proved you can get rich buying what everyone else threw away. Bending Spoons raised $1.68 billion in its U.S. IPO, pricing at $29 per share above the marketed $26-$28 range
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Google just dropped a month's worth of AI updates in one blog post, which tells you everything about the pace we're moving at now. Google published its June 2026 AI update roundup, bundling multiple announcements into a single post
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The company that spent $65 billion building AI infrastructure for itself just decided to rent it to everyone else. Meta is launching a cloud computing business to sell excess AI compute capacity and model access, pivoting from pure consumer AI to infrastructure provider
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Meta just invented a C-suite role to keep a departing CMO in-house — and the job title tells you everything about where Big Tech is placing its bets. Meta promoted Denise Moreno to CMO as Alex Schultz moves to a newly created Chief Data Officer role — the company's first.
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The U.S. government just demonstrated it can flip the kill switch on AI models at any border, and enterprises are learning that cloud access doesn't mean guaranteed access.
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Square just turned ChatGPT and Claude into storefronts, charging pennies where DoorDash charges dollars.
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When you spend billions building AI infrastructure for yourself and realize you accidentally built a product for everyone else. Meta is launching a cloud business to sell AI compute and models, entering direct competition with AWS, Azure, and Google Cloud
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The AI compute arms race just claimed its first prisoners—and they work for the company building the plumbing of the agent economy.
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Musk's orbital data center promises have the same energy as his Full Self-Driving timeline — except this time the physics is even less forgiving.
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