AI has become a focal point within the Trump administration, often framed as a two-player race between the U.S. and China. And while U.S. companies like OpenAI, Google, and Anthropic may have developed some of the world’s most advanced AI models, they are among the priciest. As costs associated with token and AI usage rise, now […]

One of Jensen Huang’s iconic leather jackets just sold at auction for $960,000, with the proceeds going toward philanthropy.  Many tech executives have their signature look, like Meta CEO Mark Zuckerberg’s t-shirts and hoodies, and Apple cofounder Steve Jobs’ turtleneck, and Huang, the Nvidia CEO’s, happens to be very expensive leather jackets.  He’s nearly always […]

The rich have always wanted to own a team, and it seems like lately, they’ve been lining up to do it. Steve Ballmer walked away from Microsoft’s C-suite and into the Clippers, pouring more than $4 billion into the team and its new arena. Mark Walter closed a record $10 billion purchase of the Lakers […]

On Thursday, Moonshot AI, a Beijing-based AI startup, unveiled the latest version of its Kimi large language model, which promises performance close to Anthropic’s Fable 5—perhaps the most powerful publicly available model today—at a fraction of the cost. Kimi K3, the largest open-weight model ever released, performed “competitively” with Fable 5, and “substantially outperformed” Anthropic’s […]

Workers may believe that they need the right connections or flashy credentials to launch their careers. But sometimes, simply saying yes—and leveraging a stroke of luck—can be the most effective way to get a foot in the door. Raj Subramaniam, the CEO of FedEx, for example, got his first job by taking his roommate’s abandoned […]

Is your AI paying off? Today, OpenAI CFO Sarah Friar published the scorecard she uses for telling whether you are actually getting economic value from AI spend.  For years, software success was measured through adoption—seats, active users, and renewals, Friar notes. She argues that AI is different: it must be measured by the work it […]

The World Cup is driving record-breaking activity on prediction markets, with popular platforms Kalshi and Polymarket reporting their highest trading volumes to date. Just days ahead of Sunday’s final, the Argentina–Spain contract has become the single largest market in the platforms’ history, while overall World Cup trading has outpaced other major sports-related contracts. According to […]

Heat that hit Europe exceptionally early and hard this year appears to have led to a spike in deaths, with well over 10,000 more people dying at the height of the heat wave than would normally have been expected, according to figures that are still emerging across the continent. Measures of what researchers call “excess […]

The World Cup has been a bonanza for beer in the U.S. Bars in Boston reported needing emergency deliveries to keep taps from running dry on some game days. Fans downed a total of 290,000 stadium beers during the six matches in Philadelphia, FIFA organizers said. But all that frothy foam obscures a cold reality: Beer sales have been struggling globally, […]