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
Most Americans now want the government to seize half of AI companies' equity
Starbucks is quietly building the software it used to buy from IBM and Microsoft
A new Verasight survey found 69% of Americans support forcing AI companies to transfer half their equity into a public sovereign wealth fund, as tech layoffs and Bernie Sanders's $7 trillion AI wealth fund bill turn public frustration into a live policy threat.
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's co-founder says open AI is safer just as its stock triples in a year
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...
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...
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