AI
The UN's AI Summit Showed Robots Racing While Governments Argue Over Rules
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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AI
The UN's AI Summit Showed Robots Racing While Governments Argue Over Rules
FINANCIAL MARKETS
Iran's New Leader Vows Revenge While Markets Watch the Strait of Hormuz
NEWS
China's Net-and-Cable Rocket Catch Reignites the Race Against SpaceX
BUSINESS
Ten scientists left the US and UK for China so far in 2026, and a Nobel winner leads the list
GUIDES
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...
Julian Lim
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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'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 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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Crypto & Blockchain
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Coinbase Says the CLARITY Act Is on the One Yard Line and Stuck There
Coinbase says the CLARITY Act is 'on the one yard line' in the Senate, but three unresolved disputes over ethics, criminal investigations, and stablecoin yield have kept it stalled since May. Circle's new OCC trust bank charter shows regulators aren't waiting for Congress to catch up.
How to Farm Crypto Airdrops Without Getting Sybil-Filtered
How to farm crypto airdrops in 2026 means understanding sybil detection crypto teams now run as standard, not gaming a five-transaction checklist. This piece breaks down what protocols like Arbitrum, LayerZero, Scroll, and Optimism actually reward, and why depth of genuine on-chain activity now beats spreading capital across dozens of throwaway wallets.
Circle Wins Final OCC Approval to Become a National Trust Bank
Circle won final OCC approval on July 10, 2026 to open Circle National Trust, a federally chartered bank limited to custody and fiduciary services. The stock jumped as much as 16% even though analysts at Mizuho say the market reaction outran the substance.
Mike Novogratz Turned a Distressed Bitcoin Mine Into an AI Power Giant
Galaxy Digital delivered the first 133 megawatts of its Helios data center campus to CoreWeave on July 6, completing a pivot from a $65 million distressed bitcoin mine into what CEO Mike Novogratz calls more than half of Galaxy's total value. Bloomberg profiled the transformation on July 10, as the West Texas campus works toward 526 megawatts of contracted AI capacity by 2028.
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AI
Researchers hacked a quantum neural network on real trapped-ion hardware and gutted its accuracy
AI
Sam Altman Calls Elon Musk Homeboy in Their Latest Fight Over AI Infrastructure
AI
China's BrainCo Bets Wearable Brain Tech Can Beat Neuralink's Scalpel
AI
FuriosaAI Brings Its Nvidia Challenger Chip to a Lisbon Data Center
BUSINESS
US IPO proceeds hit $115.6 billion in the first half of 2026 and the market is about to broaden