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The AI industry's two biggest names are betting on radically different capital strategies — and one of them is wrong. OpenAI is playing hardball on its $1 trillion valuation by delaying its IPO to 2027 rather than accept a lower number. Meanwhile, Chinese rival DeepSeek has abandoned its techno-idealist "no funding, no commercialization" stance entirely to raise a record $7 billion and sprint toward AGI at full throttle. The winner of this bet will shape how AI...
The CDC just pulled the biggest lever in its emergency toolkit. On Friday, the agency raised its Ebola response to Level 1 — the highest internal alert — as the outbreak ravaging the Democratic Republic of Congo and Uganda shows no signs of slowing. More than 1,100 people have tested positive since May, and at least 250 have died, though officials concede the real number is likely far higher since the virus spread undetected for months. "We are very concerned about the...
Move over, biohackers. The wellness icon of the moment is someone's Italian grandmother. "Nonnamaxxing" — the trend of adopting the daily rhythms of a nonna — is trending hard, and it comes with serious longevity street cred. Think cooking from scratch, tending herbs, taking slow "passeggiata" walks, sharing long meals, and limiting screen time. Linguist Noël Wolf of Babbel calls it "a universal archetype — the older woman who lives simply, cooks well, stays...
The "Hot Rate-Cut Summer" is officially dead. May's Personal Consumption Expenditures index — the Fed's preferred inflation gauge — hit 4.1%, the highest annual reading in over three years, with core PCE holding at 3.4%. Economists have stopped asking when the Fed will cut and started asking how soon it will hike. Markets broadly expect the Fed to hold steady at the July 16-17 meeting, but September is very much in play for a rate increase, according to pricing in...
NAIC confirms Oracle zero-day breach — ShinyHunters claims 3.1TB of data stolen from the insurance regulatory body after attackers exploited an unpatched Oracle PeopleSoft vulnerability. The group began exploiting the zero-day on May 27 and compromised over 100 organizations before Oracle patched June 10. Stolen data includes insurer filings, credit ratings, AWS logs, and configs. NAIC says no ransom was paid.
**Polymarket loses $3M in supply-chain...
OpenAI has launched a limited preview of its next-generation GPT-5.6 model series—Sol, Terra, and Luna—to select partners. This rollout follows an executive order from President Donald J. Trump, which mandates a 30-day process for benchmarking and assessing new AI models for safety before wider release.
Meanwhile, the tech industry faces several challenges and shifts. A deepening tech slump is observed, driven by concerns over the sustainability of the AI trade, rising semiconductor costs, and...
The US government has partially reversed its two-week-old ban on Anthropic's Claude Mythos 5, allowing over 100 "trusted" US organizations — including Fortune 500 companies — access to the powerful AI model that the NSA previously confirmed "broke into almost all of our classified systems... in hours." The partial lift comes after Washington abruptly barred Anthropic from giving foreign nationals access to Mythos 5 and its sibling Fable 5 on June 12 over fears the models'...
The FDA has approved Viridian Therapeutics' veligrotug, branded as Lumvoa, for thyroid eye disease — ending Amgen's Tepezza's solo run as the only approved therapy since 2020. Thyroid eye disease, an autoimmune condition causing painful eye bulging, double vision, and potential vision loss, has been a one-drug monopoly. CEO Steve Mahoney said Lumvoa will be priced "in line with" Tepezza, setting up a direct head-to-head pricing battle from day one. For...
UK EV sales overtook petrol cars for the first time over a full year — 516,490 battery EVs vs 504,010 petrol cars. In the US, solar and wind each beat coal in April, with solar poised to surpass natural gas capacity by 2027. California is suing over Trump's offshore wind buybacks, but the clean energy train isn't slowing down.
UK Crosses the EV Tipping Point
British buyers purchased 516,490 battery EVs in the 12 months through May 2026, overtaking...
The US-Iran ceasefire agreed just last week is buckling under tit-for-tat military strikes, and the consequences hit your wallet fast.
The Toronto Maple Leafs kicked off the 2026 NHL Draft in Buffalo by doing exactly what everyone expected — selecting Penn State winger Gavin McKenna with the No. 1 overall pick. The 18-year-old from Whitehorse, Yukon, posted 51 points (15 goals, 36 assists) in 35 games as a freshman for the Nittany Lions, good for third in Big Ten scoring. Pop star Justin Bieber, a lifelong Leafs fan, handled the announcement from the stage — and promptly went...
The Supreme Court delivered a seismic blow to immigration protections Thursday, ruling 6-3 that the Trump administration can end Temporary Protected Status for roughly 350,000 Haitians and 6,000 Syrians — and separately greenlighting a policy that lets border agents turn away asylum seekers before they can set foot on U.S. soil. Justice Sonia Sotomayor, dissenting alongside the court's two other liberals, invoked the M.S. St. Louis — the 1939 ship of Jewish...