Musk Claims AI Will Fund Free Money for Everyone Without Inflation
Musk thinks AI abundance will let the government send fat checks to everyone without triggering inflation—economists say that's fantasy math.
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Musk thinks AI abundance will let the government send fat checks to everyone without triggering inflation—economists say that's fantasy math.
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Cursor is about to raise $2 billion at a $50 billion+ valuation for an AI coding tool that didn't exist three years ago. Cursor is in advanced talks to raise ~$2 billion at a $50B+ pre-money valuation, making it one of the most valuable private AI companies globally
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Anthropic just turned Claude into a design tool, and the companies that built billion-dollar moats around creative software should be paying attention. Anthropic launched Claude Design in research preview, powered by the new Claude Opus 4.7 model unveiled yesterday
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The AI industry just invented a new word for burning money, and it explains why everyone outside the bubble feels like they're watching a different movie.
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Anthropic just stopped selling picks and shovels and opened a general store. Anthropic launched Claude Design, a text-to-prototype tool that creates designs, decks, and marketing collateral through conversation—now live for all paid Claude subscribers
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Banks get an AI model considered too dangerous for public release, and nobody's asking why that's supposed to be reassuring. Anthropic is releasing Claude Mythos to UK banks next week, a model they withheld from public release due to safety concerns
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The private credit guys just figured out they can skip the prime broker and plug directly into $200 billion in stablecoin liquidity. Flow Capital Partners is tokenizing its $150 million private credit fund on a Singapore blockchain platform, launching by end of April 2026
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Elon Musk just turned X into a financial terminal, and Wall Street analysts are already drawing red lines around the crypto parts. X rolled out a feature this week letting users view stock and crypto price data natively in the app, the first visible step toward X Money
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Sequoia just raised $7 billion under new leadership, and where that money goes will tell you more about the next decade of tech than any trend report. Sequoia Capital closed ~$7 billion in fresh capital, the first major fundraise under new leadership after the 2024 generational transition
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The AI infrastructure bet just got a $6.7 billion vote of confidence from the bond market, and it's coming from buyers who usually hate risk. Google-backed data centers and CoreWeave raised $6.7 billion in junk bonds, marking a record deal in AI infrastructure financing
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Elon Musk is building a chip fab, and nobody in the semiconductor industry understands why. Tesla and SpaceX have formed a joint venture called Terafab and are actively requesting quotes from major chipmaking equipment suppliers including Applied Materials, Tokyo Electron, and Lam Research.
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The CFTC just cut its staff by a fifth and replaced them with algorithms, and the chairman thinks that's fine. The CFTC has cut staffing by 21.5% while taking on expanded crypto and prediction market oversight responsibilities
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The AI agent economy has a plumbing problem, and someone just raised $15M to fix it. InsightFinder raised $15M to build observability tools for companies deploying AI agents at scale
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OpenAI just killed its sexiest consumer product to feed the enterprise beast, and the reasons why tell you everything about where the AI economy is actually headed.
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Google just turned your photo library into training data for personalized AI image generation, and most people won't even notice they opted in.
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A 13-year-old with braces just scooped business media on the prediction markets beat, and it tells you everything about where information authority is moving.
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Canva just turned 135 million users into agent orchestrators, and most of them don't even know what that means yet. Canva AI 2.0 launches with a unified conversational interface that routes natural language requests across the platform's entire tool suite
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Demis Hassabis built an AI to beat his five-year-old brother at Othello in 1988, then spent 35 years turning that childhood trick into the infrastructure running Google's bet on the agent economy.
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The training wheels for physical AI just got $8.5 million in funding, and it's not about better robots—it's about making robot builders less rare.
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The UK just opened the rulebook for crypto's next chapter, and they're asking the industry to write it with them. The UK's Financial Conduct Authority launched a consultation seeking feedback on how it will interpret and enforce crypto regulations set to take effect in October 2027.
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