A joint venture with Blackstone, Hellman & Friedman, Goldman Sachs, and General Atlantic will sell Claude into the buyout firms’ portfolio companies. OpenAI’s DeployCo arrived first; this one is bigger. There is a kind of business school question that has been quietly answered over the past month, without anyone formally asking it. The question is: […]
Won-Jin Lee, a marketing veteran, takes over the Visual Display business after a quarter of declining TV profits. His predecessor moves to AI and robotics. Samsung Electronics has changed the head of its television business for the first time in more than two years, an unusually direct admission that something is not quite right at […]
Sam Altman posted on X at 2:33 a.m. on 2 May: “you can sign in to openclaw with your chatgpt account now and use your subscription there! happy lobstering.” The announcement, delivered with the casual register of a founder pushing a minor product update, is anything but minor. OpenAI has made its ChatGPT subscription […]
The Academy of Motion Picture Arts and Sciences announced new eligibility rules on 2 May for the 99th Academy Awards, and the two that matter most are about seven words each. Acting nominations will be limited to roles “demonstrably performed by humans with their consent.” Screenplays must be “human-authored.” Producers will be required to sign […]
For nearly 15 years, Apple’s financial strategy has been defined by a single number: more than $1 trillion returned to shareholders through stock buybacks and dividends. Tim Cook inherited a company sitting on a cash mountain that Steve Jobs had accumulated out of institutional memory of near-bankruptcy in the 1990s. Cook reversed Jobs’ stance […]
Y Combinator published its Summer 2026 Request for Startups in late April, just days before the application deadline. The document lists 15 categories of companies that YC’s partners want to fund. Eight of them require capital, hardware, or both. The list includes AI for low-pesticide agriculture, counter-swarm drone defence, inference chips for space, lunar manufacturing […]
Three days of cross-examination in Oakland produced a $130bn lawsuit’s most awkward admissions, including that xAI trains on OpenAI’s models. The judge, not the jury, will decide. Elon Musk took the stand in Oakland on Tuesday with a story he has been telling for two years. He had founded OpenAI in 2015, he said, to […]
BMO has filed a provisional patent on a quantum algorithm for seismic forecasting, and is sending mobile branches to wildfire zones with AI dispatch. The bank says it is the future of risk. Banks are not, as a rule, in the earthquake business. They are in the business of pricing risk, which is adjacent. Still, […]
Uber has acquired the main remaining alternative taxi-hailing app in the city. Acquired five months before Hong Kong’s new ride-hailing licences are expected to come into force, the move locks in Uber’s consolidated position before competitors Didi, Tada and Amap can use the licensing transition as an opening. Uber is acquiring Hong Kong’s Fly Taxi, […]
Anthropic’s most controversial product has spent its first three weeks moving between state actors who cannot agree on whether it is theirs to use, theirs to block, or someone else’s problem entirely. On Wednesday morning, an unnamed Trump administration official told the Wall Street Journal that the White House opposed Anthropic’s plan to expand access […]
