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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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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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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The co-founder of a $50 billion AI server maker just stood in a Manhattan courtroom charged with smuggling Nvidia chips to China, and this is about way more than one executive's legal trouble.
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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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Google's growth fund is about to write a check to the startup solving AI's messiest infrastructure problem—and that says more about where this market is heading than any model benchmark. OpenRouter is raising $120M at a $1.3B valuation, with Alphabet's Capital G in talks to lead
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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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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 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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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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Anthropic just leaked its own source code because it ships too fast to keep track of what's internal and what's public. Anthropic accidentally published source code for Claude's coding agent, exposing unreleased features due to "process errors" in their release pipeline
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Anthropic is betting its next billion-dollar product won't be for developers—it'll be for everyone else. Anthropic expects Cowork, its general-purpose AI agent, to reach a wider market than Claude Code, the coding tool that made the company an AI powerhouse
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Anthropic is betting its future on a general-purpose AI agent that works across your entire digital life, not just your codebase. Anthropic expects Cowork, its general-purpose AI agent, to reach a wider market than Claude Code, the coding assistant that made the company a household name
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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 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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Anthropic just leaked Claude's source code and blamed it on moving too fast—which tells you everything about how unprepared AI companies are for what they've built. Anthropic accidentally released source code for its AI coding agent, blaming "process errors" tied to rapid product releases
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Anthropic just leaked its own sauce, and the scramble tells you everything about how valuable AI coding agents have become. Anthropic accidentally released internal source code for Claude Code, the AI coding assistant that's become a major revenue driver for the company
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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 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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Elon Musk just moved to create the largest IPO in history by merging his rocket company with his AI lab, and the timing tells you everything about where the real money is going.
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