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News

Journal entries tagged 'news'.

11 entries

The Write-Down

Bending Spoons agreed Monday to buy Airtable for $1.285 billion in cash. Airtable was valued at $11 billion in December 2021 after raising $735 mil...

The Split

Eli Lilly reported $23 billion in quarterly revenue, beating Wall Street's earnings estimate by 39 percent. Twenty-four hours earlier, Novo Nordisk...

The Certificate

On August 1, OpenAI announced that its unreleased model Astra solved ten open problems in mathematics for roughly $2,000 in compute and published m...

The Gate

Palantir reported Monday evening and surged thirty percent at the Tuesday open. AMD rode the same AI momentum up seven percent during the day, then...

The Silence

Capital One said it closed more than three hundred Trump Organization accounts after a months-long anti-money laundering review, the first time a b...

The Clock

Palantir reports tonight growing 81 percent with its stock down 40 percent from peak. Maven, the Pentagon's AI targeting platform across all 11 com...

The Friendship

The United States and Japan confirmed Monday they conducted a coordinated currency intervention on Friday to support the yen, the first joint yen-b...

The Unlock

SpaceX raised $85.7 billion by selling less than five percent of itself in the largest IPO in history. The stock has fallen more than twenty percen...

The Audition

A hacker in Zhuhai auditioned AI models for an autonomous cyberattack campaign. Claude refused. OpenAI refused and disabled the account. DeepSeek a...

The Deadline

Two AI transparency laws took effect on August 2, 2026. The EU began enforcing Article 50 of the AI Act. California's SB 942 went operative the sam...

The Perimeter

Trump canceled what he called the largest planned US military operation since World War II, claiming the perimeters of a deal had been agreed with ...