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Stripe didn’t really buy OpenRouter because of the ‘singularity’
NewsAugust 20, 20264 min read

Stripe didn’t really buy OpenRouter because of the ‘singularity’

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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Travis Kalanick kicks off another round of VC bashing: ‘1% are helpful’
NewsAugust 19, 20265 min read

Travis Kalanick kicks off another round of VC bashing: ‘1% are helpful’

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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Cognition CEO denies report that SpaceX tried to acquire the startup
NewsAugust 19, 20263 min read

Cognition CEO denies report that SpaceX tried to acquire the startup

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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OpenAI seeks to one-up Anthropic with new customer privacy protections
NewsAugust 19, 20264 min read

OpenAI seeks to one-up Anthropic with new customer privacy protections

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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Waymo’s cheaper, next-gen robotaxi is now open to all riders in these three cities
NewsAugust 19, 20263 min read

Waymo’s cheaper, next-gen robotaxi is now open to all riders in these three cities

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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Insurers forced to rethink cover amidst Ebola, Andes hantavirus outbreak
NewsAugust 19, 20262 min read

Insurers forced to rethink cover amidst Ebola, Andes hantavirus outbreak

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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Tokio Marine targets $11b profit by 2035
NewsAugust 19, 20261 min read

Tokio Marine targets $11b profit by 2035

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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MS&AD profit stalls after $1.5b guidance beat
NewsAugust 19, 20262 min read

MS&AD profit stalls after $1.5b guidance beat

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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Gambling on the Little League World Series? Sports bettors have gone too far
NewsAugust 19, 20262 min read

Gambling on the Little League World Series? Sports bettors have gone too far

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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Gwyneth Paltrow allegedly set to throw dinner in honor of Sam Altman
NewsAugust 19, 20261 min read

Gwyneth Paltrow allegedly set to throw dinner in honor of Sam Altman

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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