Grok Generated More Porn Than Code and Nobody Saw It Coming
Turns out the killer app for unrestricted AI isn't creative brainstorming or coding assistance—it's OnlyFans without the humans.
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Domo Raised $718M at a $2.8B Peak. Now It's Worth $42M and Burning Out.
The business intelligence software that was supposed to make sense of enterprise data can't make sense of its own survival—and AI agents just showed up to write the obituary.
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Strategy's Bitcoin Hoard Now Worth More Than Strategy Itself
The most leveraged bet in crypto just broke — and with it, the entire playbook for how corporations were supposed to tokenize their balance sheets. Strategy's market cap has dropped below the value of its bitcoin holdings, inverting the premium that made Saylor's infinite money machine work
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Developer Open-Sources AI That Beat the Market by 146% in Two Years
Someone just open-sourced the investment research process that returned 146% over two years — and it runs on Claude with a few Python scripts.
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BlackRock Bet $47M on Tokenization. Wall Street's About to Find Out If It Was Wrong.
The test is whether Wall Street will pay real money for the infrastructure of tokenization, not just talk about it in panels. Securitize is going public via SPAC merger targeting a $400M valuation, with BlackRock as a backer and NYSE trading under ticker SECZ expected next week
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SpaceX Raises $111B While Wall Street Bets It All Crashes
When the world's most ambitious rocket company raises $111B and the first thing Wall Street does is bet against it, you're watching either genius or mania.
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Aave and Solana Surge While Bitcoin Flatlines at $60K
While Bitcoin treads water and the macro picture darkens, two narratives are pulling real money: Solana's tokenized stock trading and Aave's self-aware treasury management.
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OpenAI's New Model Names Accidentally Expose Advanced Hacking Capabilities
OpenAI just made model selection easier and accidentally revealed how good their models are getting at hacking. OpenAI rolled out a new naming system with capability tiers to simplify how developers choose models, moving away from version-number soup
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BlackRock's Tokenization Partner Goes Public With $400M Wall Street Backing
The company that tokenized BlackRock's money market fund is about to become a public company itself, and Wall Street just wrote a $400 million check to make it happen. Securitize goes public on NYSE July 2 under ticker SECZ via SPAC merger with Cantor Equity Partners II, raising over $400M total
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OpenAI's Most Powerful AI Gets 20-Person Waitlist by Government Order
The most powerful AI model OpenAI has ever built just launched with a government-mandated guest list of 20.
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OpenAI Delays IPO Two Years While Rival Anthropic Races Ahead
The company that convinced the world AI was worth trillions now needs more time to prove it to Wall Street. OpenAI is considering pushing its IPO to 2027, potentially following Anthropic's market debut and giving itself runway to justify a $1 trillion valuation
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Kalshi Wants to Double Its Valuation in 49 Days
When a company doubles its valuation in under two months, it's either capturing lightning or chasing vapor. Kalshi is in talks to raise capital at a $40 billion valuation, nearly double the $22 billion price tag from a $1 billion round that closed just seven weeks ago
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OpenAI Plans 2027 IPO Two Years After Anthropic Goes Public
The AI arms race is about to get a ticker symbol. OpenAI is eyeing a 2027 IPO, likely following Anthropic's expected public debut — the first time we have concrete timing on either company going public.
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Intel Got $8B in Taxpayer Money While Raimondo Quietly Raised $500M for Workers It Fired
The Commerce Secretary who handed Intel $8 billion in CHIPS Act funding just quit to raise half a billion dollars for the people Intel doesn't need anymore.
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Three Founders Hit $1M in Eight Months Using AI Instead of Hiring
Three ex-BigTech founders hit seven figures in eight months without VC money — and AI agents are the reason they could afford to say no.
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Anthropic Pays Two Engineers $1.38 Million Each
The war for AI talent just printed its price tag—and it's higher than most CEOs make. Anthropic's H-1B visa filings reveal two technical staff earning $1.12M and $1.38M in base salary alone—before equity or bonuses in a company now valued at $965 billion
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AI's $500B Selloff Separates Believers from Bagholders
The AI gold rush just discovered gravity. Chipmakers got hammered this week as investors question whether trillion-dollar AI infrastructure bets will ever justify their valuations.
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Elroy Air's $800M SPAC Deal Signals Wall Street Is Betting Big on Sky Cargo
The sky-trucker economy just got its first public ticker symbol. Elroy Air, which builds autonomous cargo drones, is merging with a SPAC in a deal valuing the company at roughly $1 billion This marks the cargo drone sector's first major public exit since the autonomous delivery hype cycle cooled
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OpenAI Watches SpaceX IPO Implode and Quietly Backs Away
The company building the future just watched SpaceX's $75 billion IPO crater and decided maybe 2026 isn't the year to test public market appetite for AI moonshots.
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Patronus AI raises $50M to break AI agents before customers do
The real money in AI isn't building the agents anymore, it's proving they won't break when they're set loose. Patronus AI raised $50M led by Lightspeed to build simulated environments that stress-test AI agents before deployment, founded by former Meta AI researchers.
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