BUSINESS
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World oil demand is set to fall for the first time since 2020, and the Gulf can't shrug it off
The IEA says global oil demand will fall in 2026 for the first time since 2020, driven mainly by war disruption in the Persian Gulf, but the steady rise of electric vehicles is quietly making Gulf state budgets harder to balance underneath it.
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How to Evaluate AI Agents Before You Ship Them to Real Users
Most founders shipping AI agents right now have no repeatable way to measure whether the thing actually works, and that gap is starting to show up in headlines instead of dashboards.If you want to know how to evaluate AI agents before they touch a real customer, start by admitting the uncomfortable thing: your demo passing five times in a row tells you almost nothing. An agent that books a calenda...
Artificial Intelligence
AI
Starbucks is quietly building the software it used to buy from IBM and Microsoft
Zhipu's co-founder says open AI is safer just as its stock triples in a year
Starbucks is building AI-assisted, in-house replacements for software it currently buys from Microsoft and IBM, aiming to cut its roughly $400 million annual software spend. The news sent IBM, ServiceNow, and Salesforce shares sliding in premarket trading while Microsoft held steady.
Zhipu co-founder Tang Jie is arguing that open, freely available AI is safer than the walled-off approach taken by Anthropic and other U.S. labs, just as Zhipu's Hong Kong-listed shares have surged nearly 1,500% and the company moves to raise $4 billion more. The clash comes as Washington's own chip export policy toward China looks increasingly split.
Empery Digital Dumps Nearly Half Its Bitcoin to Chase an AI Data Center Bet
Empery Digital sold 1,400 Bitcoin at a steep loss to fund a $65 million bet on a 25 percent stake in an unbuilt Midwest AI data center. The move follo...
What Is an AI Wrapper Startup and Why VCs Are Suddenly Skeptical
What is an AI wrapper startup? It's a product built by calling someone else's foundation model, like GPT or Claude, and repackaging the output for a n...
Phia's Cookie Stuffing Scandal Exposes a Diligence Blind Spot
A Bloomberg investigation found that Phia, the AI shopping app founded by Phoebe Gates and Sophia Kianni, used a browser extension to quietly override...
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