Eli Lilly Bets $2B That AI Drug Discovery Beats Traditional Labs
Eli Lilly just bet $2 billion that the future of drug discovery isn't happening in Boston labs, it's happening in AI-driven biotech shops in Hong Kong.
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Eli Lilly just bet $2 billion that the future of drug discovery isn't happening in Boston labs, it's happening in AI-driven biotech shops in Hong Kong.
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Washington is picking sides on AI, and the outcome decides whether your job gets automated or augmented.
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The AI boom is choking on its own success, and SK hynix just threw $14 billion at the problem. SK hynix is planning a US IPO that could raise $10-14 billion to build more high-bandwidth memory capacity for AI chips.
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Tencent just went all-in on OpenClaw because it's losing China's AI war, and that tells you everything about how agent frameworks have become the new battleground.
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The U.S. Navy just bet $2.4 billion that AI can solve a 70-million-man-hour labor deficit in submarine production.
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Pony AI just posted its first profitable quarter in robotaxis, and it's doubling down on the Middle East while everyone else chases California approvals. Pony AI reported its first profitable quarter, a milestone no major Western robotaxi operator has hit yet
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Retail investors just sold Nvidia for the first time in eight months, and it wasn't because of chips. Retail investors sold Nvidia stock Wednesday for the first time since July, breaking an uninterrupted buying streak through the company's rise to largest S&P 500 market cap
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Congress just weaponized the Super Micro indictment to tighten the AI chip export chokehold on China.
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Congress just weaponized the Super Micro indictment to harden the AI chip export wall. A House panel advanced legislation requiring Commerce to force chipmakers into stricter AI export controls after Super Micro's co-founder was indicted for allegedly smuggling Nvidia processors to China
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Lockheed Martin's CTO just said the quiet part out loud: AI weapons work when humans own the failures.
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The Pentagon and Anthropic are locked in a standoff over AI warfare guardrails, and the dollar figures explain why neither side can afford to lose.
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China's CXMT just doubled revenue to $8 billion riding the AI memory boom, and that's a problem for SK Hynix, Samsung, and Micron.
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The Democratic Party just split wide open on AI infrastructure, and the fracture line runs straight through 2028. Sen. Mark Warner called a proposed AI data center moratorium "idiocy" at Axios' AI+DC Summit, directly rebutting Sanders-AOC legislation introduced the same day
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China just put the cofounders of Manus under exit ban while it reviews Meta's $2 billion AI agent acquisition, and this is the real opening shot in the AI sovereignty war.
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The governor who made Elon Musk is calling him out for handing America's EV lead to China. California Gov. Gavin Newsom called Elon Musk "one of the great disappointments" of this era, accusing him of abandoning EVs for robotics while China now controls 70% of the global EV market
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Europe just wrote a $40 million check to stop asking America for permission to move things in space. Swiss startup Pave Space raised $40 million in seed funding to build orbital transfer hardware for satellites and cargo
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AI infrastructure spending is now strong enough to absorb geopolitical shocks that would have cratered trade volumes a decade ago. China's trade volumes are on track to exceed last year's record levels despite war in Iran driving oil prices higher
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Meta bought Manus for $2 billion last year. Now China won't let the founders leave. Chinese authorities have barred two Manus co-founders from leaving the country, escalating scrutiny over Meta's $2 billion acquisition of the agentic AI startup
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DeepSeek is hiring for agentic AI, and China just showed its hand on where Web4 development is really happening. DeepSeek, the Chinese AI startup that rattled Silicon Valley, is hiring specialists in agentic AI, signaling a strategic pivot toward autonomous task-executing systems
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Cybercrime is now the world's third-largest economy, and AI just handed both sides better weapons. Fast Company's 2026 cybersecurity innovators list reveals every company is now using AI for defense because attackers already use it for offense.
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