AI
Nvidia Will Backstop $105 Billion So OpenAI Can Rent the Chips Nvidia Sells It
Nvidia said on Monday it will guarantee up to $105 billion in financing for…
Author: Scott Allan
Author: <span>Scott Allan</span>
AI Policy
OpenAI Shipped a Teen Version of ChatGPT Because the Lawsuits Got There First
OpenAI launched ChatGPT for Teens on Tuesday, a separate experience for users aged 13…
Analysis
The 30-Year Treasury Hit a 19-Year High. Korea’s Chip Stocks Paid for It.
The yield on the 30-year US Treasury bond pushed past 5.33% on Tuesday, its…
AI
Baidu’s GPU Cloud Grew 283% and Revenue Still Fell 4%, Which Is the Whole Problem
Baidu reported second-quarter revenue of RMB 31.3 billion on Tuesday, down 4% from a…
Business
Home Depot Beat on $47.9 Billion and Still Refused to Raise Guidance, One Day Before 50% Canadian Tariffs Land
Home Depot cleared the bar on Tuesday morning and then declined to move it.…
Energy
Oil Pushes Past $90 as Trump Lets the Iran Ceasefire Lapse and Hormuz Stays Shut
The 60-day US-Iran ceasefire expired on Monday with nothing to replace it, and the…
Legal & Regulatory
Prediction Markets Got Federal Legitimacy Before They Got an Insider Trading Rule
Kalshi and Polymarket cleared roughly $44.8 billion in combined trading volume in June, and…
Analysis
Berkshire Put $17 Billion into Alphabet, and $10 Billion Never Touched the Market
Berkshire Hathaway added more than $17 billion of Alphabet in the second quarter, and…
AI
Stripe’s $7 Billion OpenRouter Deal Buys the Meter, Not the Model
Stripe has finalized an agreement to acquire OpenRouter for more than $7 billion, according…
Policy
Flock Safety Cut Data Retention to Seven Days Because City Councils Kept Voting No
Flock Safety announced on Thursday that it will shorten default storage of license plate…