NewsAugust 20, 20264 min read
Stripe confirmed on Wednesday that it was buying OpenRouter. While the company didn’t disclose the deal price, sources told the New York Times that it paid $7.5 billion. That’s a…
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NewsAugust 19, 20265 min read
Travis Kalanick certainly has had a love-hate relationship with VCs over his career. As the founder of Uber he was a VC darling, raising what was then an unprecedented roughly…
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NewsAugust 19, 20263 min read
Elon Musk’s SpaceX attempted to acquire AI coding startup Cognition as it works to catch up to OpenAI, Anthropic, and Google in the AI race, Bloomberg reported Wednesday, citing sources…
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NewsAugust 19, 20264 min read
As AI models have become more powerful, the potential for those models to be misused has grown — as has a clamor for safety guardrails that can stop such abuse…
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NewsAugust 19, 20263 min read
Waymo has opened its next-generation robotaxi to all riders in Los Angeles, Phoenix, and San Francisco — a notable milestone for the Alphabet company as it pushes to expand its…
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NewsAugust 19, 20262 min read
AM Best says firms are prepared for direct costs but portfolios need fresh stress tests. Recent outbreaks of the Ebola virus and Andes hantavirus are forcing the insurance industry to…
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NewsAugust 19, 20261 min read
The insurer wants to move from ninth place into the top 5 global insurance groups. Tokio Marine Holdings plans to transition from a traditional insurer into a broader solutions partner…
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NewsAugust 19, 20262 min read
FY 2025 adjusted profit reached $6.3b, helped by equity sales and lower catastrophe losses. MS&AD Insurance Group Holdings expects profit to stay broadly stable in fiscal 2026, even after adjusted…
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NewsAugust 19, 20262 min read
Have we tried turning off society and turning it back on again? We need a complete cultural reset, because there are actually sports betting providers that let people gamble on…
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NewsAugust 19, 20261 min read
Sam Altman is headed to the Hamptons, according to Puck. Gwyneth Paltrow is reportedly sending invites for a “private, off-the-record” dinner honoring the tech mogul on August 29 at her…
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