AI
The global tech sell-off is a reckoning with AI valuations that were always going to come
AI
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You could be facing an AI chatbot at your next job interview
Deluged by a flood of AI-generated job applications from easy-apply job boards, recruiters are turning to AI to cope. Companies are using chatbots to interview candidates, typically at the screening stage, through phone calls, text messaging or video...
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AI
The global tech sell-off is a reckoning with AI valuations that were always going to come
AI
China's all-CPU LineShine supercomputer reaches exascale without a single Nvidia or AMD chip
AI
Masayoshi Son says Earth wins the AI compute race after dismissing Musk's orbital data center vision
AI
California drivers are suing BP, Walmart and Marathon for using an AI tool to fix gas prices
GUIDES
Revenue Based Financing for Startups Is Often Smarter Than Raising Equity
Revenue-based financing for startups cuts through the noise of funding options by offering a clean, predictable deal: capital now, a percentage of revenue later, and no equity surrendered.Revenue-based financing for startups rarely gets the attention it deserves, mostly because founders discover it too late, after pitching twenty VCs, taking a convertible note they didn't fully understand, or givi...
Ron Patel
7 min read · 248 views
Artificial Intelligence
AI
Abu Dhabi's MGX has quietly become the most consequential AI investor on the planet
Nvidia's Rubin data center runs hotter to use almost no water at all
Abu Dhabi's MGX is raising up to $50 billion in third-party capital while holding simultaneous positions at OpenAI, Anthropic, and xAI, cementing the UAE sovereign fund as a structural force in frontier AI finance that rivals SoftBank's Vision Fund in scale and exceeds it in strategic precision.
Nvidia's Rubin data center runs hotter to use almost no water at all
Nvidia announced at London Climate Week that its Rubin-generation AI data centers achieve 100% liquid cooling, running coolant at 45 degrees Celsius to passively reject heat with near-zero water consumption. The design sets a new baseline for hyperscaler and colocation buildouts and undercuts the water-drain argument against AI infrastructure expansion.
SpaceX sheds $620 billion in market value within days of its record IPO as investors punish the Cursor deal
SpaceX sheds $620 billion in market value within days of its record IPO as investors punish the Cursor deal
OpenAI's Patch the Planet program takes its security ambitions well beyond the chatbot business
OpenAI's Patch the Planet program takes its security ambitions well beyond the chatbot business
AI Financial Modeling for Startups Is the CFO Alternative That Actually Works
AI financial modeling for startups has made investor-grade projections genuinely accessible to early-stage founders who lack the budget for a CFO. Too...
Crypto & Blockchain
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Most Stablecoins Just Sit Idle MoneySimpler Wants to Change That
MoneySimpler is betting that AI-driven automation can turn idle USDT and USDC holdings into a hands-off way to put stablecoins to work.
Allium raises $40 million to become the Bloomberg terminal of blockchain data as regulators close in
Allium, a New York blockchain data startup, closed a $40 million Series B led by Amplify Partners, bringing total funding to $61.5 million. With clients including Visa, Stripe, and the U.S. Federal Reserve, Allium provides audit-grade onchain data infrastructure at a moment when the CLARITY Act is pushing compliance teams to get serious about blockchain data provenance.
Five former Ethereum Foundation researchers launch Ethlabs as the protocol's brain drain accelerates
Five former Ethereum Foundation researchers launched Ethlabs on June 22, an independent non-profit R&D lab backed by Bitmine, SharpLink, and Consensys founder Joe Lubin. The launch comes as at least eight senior EF contributors departed in 2026, raising urgent questions about where Ethereum's protocol research now lives and whether corporate-backed funders with billions in ETH holdings can stay genuinely independent from the research they fund.
Strategy hoards cash at ten times the pace it buys Bitcoin, and that gap tells you everything
Strategy disclosed a 520-BTC purchase for $34.9 million on June 22, its third straight weekly acquisition, but the real headline is the $335.5 million ATM stock sale that funded it: less than 11 percent went to Bitcoin, the rest into a USD reserve now standing at $1.4 billion. With its position roughly $10 billion underwater and preferred stock obligations requiring a steady cash buffer, Saylor appears to be war-chesting as much as accumulating.
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AI
Google lost two of its most important AI researchers within days and the market wiped out $250 billion to make the point
BUSINESS
Bending Spoons is heading to Nasdaq at a $19 billion valuation and its turnaround math is hard to argue with
AI
A federal judge's ruling against Workday puts every AI hiring vendor on notice for discrimination liability
AI
Baseten raises $1.5 billion at a $13 billion valuation as inference becomes AI's most contested infrastructure layer
AI
Insilico Medicine signs a $2.5 billion AI drug discovery deal with SK Biopharmaceuticals for neuroimmune disorders
AI
Oracle cut 21,000 jobs to fund its $50 billion AI buildout and workers say they trained their own replacements