Labubus are a billion-dollar bubble ready to burst

Tech Insider
Labubu dolls on display
Labubus are a trend — and all trends come to an end.

Faga Almeida/UCG/Universal Images Group via Getty Images

  • Labubus are all the rage.
  • One estimate has them hitting a billion dollars in sales this year.
  • I smell a bubble that could burst one day. Remember Beanie Babies?

Labubus are having a moment. That much is clear. I don't have to tell you that.

You see them on Dua Lipa or Lisa from Blackpink. You

Business, Style

Elon Musks xAI sues Apple and OpenAI over App Store drama

Mashable
xAI's Grok app on the App Store

Elon Musk threatened to sue Apple for favoring ChatGPT over Grok in the App Store — and now he has.

On Monday, Musk's AI company xAI officially filed a lawsuit against Apple as well as ChatGPT creator OpenAI over the two companies' business partnership.

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"This is a tale of two monopolists joining forces to ensure

Business, Technology

Business deals born at Burning Man, from Google's CEO hire to an investment in drones

Tech Insider
Composite image of Elon Musk and Burning Man sculpture on fire
Some business leaders have taken inspiration from their time in Black Rock City.

Reuters; Associated Press

  • Some tech leaders have found inspiration at Burning Man over the years.
  • Burning Man has influenced business decisions for moguls like Sergey Brin and Jeffrey Katzenberg.
  • Notable attendees include Sam Altman, Elon Musk, and Jeff Bezos.

For some tech leaders, Burning Man is better than a boardroom.

O

Business

OpenAI execs can't stop talking about not having enough GPUs

Tech Insider
Sam Altman presenting onstage with the OpenAI logo behind him.
OpenAI CEO Sam Altman.

Jason Redmond/AFP/Getty Images

  • Top OpenAI execs keep talking about the company's never-ending demand for GPUs.
  • GPUs have become one of the key metrics in the AI race.
  • OpenAI CEO Sam Altman already wants the company to 100x the 1 million GPUs it will have by the end of 2025.

OpenAI's C-suite can't stop talking about the company's insatiable demand for computing power.

"Every time

Business

I traveled in business class on Amtrak's high-speed Acela train and thought it was worth the $120 price tag

Tech Insider
A MacBook opened on a tray table in a business-class Amtrak Acela train car
The reporter rode in business class on an Amtrak Acela from Baltimore to New York City.

Joey Hadden/Business Insider

  • I booked a business-class ticket on an Amtrak Acela train from Baltimore to New York City in 2022.
  • For $120, I sat in a business-class window seat with a tray table, footrest, and a café car nearby.
  • A ticket for the high-speed train cost me more than a regular Amtrak, but I'd do it
Travel, Travel, Business

The US Navy is building out its ability to run missile-attack drills as threats to the fleet rise

Tech Insider
A GQM-163 target launches from San Nicolas Island. The sky is blue and clear in the background.
TK

Photo courtesy of US Navy

  • A US Navy training ground has boosted its ability to run sailors through missile attack simulations.
  • With increased ability to build and store munitions on-site, training can be conducted more frequently.
  • Navy officials said the training helps prepare sailors for the changing threat environment.

US warships are facing rising missile threats, and the Navy is pushing for more

Business, Environment