Anthropic and Wall Street are building a $1.5bn pipeline into private equity
Anthropic and Wall Street are building a $1.5bn pipeline into private equity

A joint venture with Blackstone, Hellman & Friedman, Goldman Sachs, and General Atlantic will sell Claude into the buyout firms’ portfolio companies. OpenAI’s DeployCo arrived first; this one is bigger. There is a kind of business school question t…

Samsung swaps its TV chief for the first time in two years as TCL closes in
Samsung swaps its TV chief for the first time in two years as TCL closes in

Won-Jin Lee, a marketing veteran, takes over the Visual Display business after a quarter of declining TV profits. His predecessor moves to AI and robotics. Samsung Electronics has changed the head of its television business for the first time in more t…

OpenAI just turned ChatGPT into the backend for the most popular open-source project in history. Anthropic banned it.
OpenAI just turned ChatGPT into the backend for the most popular open-source project in history. Anthropic banned it.

  Sam Altman posted on X at 2:33 a.m. on 2 May: “you can sign in to openclaw with your chatgpt account now and use your subscription there! happy lobstering.” The announcement, delivered with the casual register of a founder pushing a minor product upd…

The Academy has not banned AI from the Oscars. It has defined what it means to be the author of a film.
The Academy has not banned AI from the Oscars. It has defined what it means to be the author of a film.

The Academy of Motion Picture Arts and Sciences announced new eligibility rules on 2 May for the 99th Academy Awards, and the two that matter most are about seven words each. Acting nominations will be limited to roles “demonstrably performed by humans…

Tim Cook returned $1 trillion to shareholders. John Ternus is being given permission to keep it.
Tim Cook returned $1 trillion to shareholders. John Ternus is being given permission to keep it.

  For nearly 15 years, Apple’s financial strategy has been defined by a single number: more than $1 trillion returned to shareholders through stock buybacks and dividends. Tim Cook inherited a company sitting on a cash mountain that Steve Jobs had accu…

Y Combinator built its empire on software. Its latest investment thesis says the garage is no longer enough.
Y Combinator built its empire on software. Its latest investment thesis says the garage is no longer enough.

Y Combinator published its Summer 2026 Request for Startups in late April, just days before the application deadline. The document lists 15 categories of companies that YC’s partners want to fund. Eight of them require capital, hardware, or both. The l…

Musk’s case against OpenAI lands roughly in its first week
Musk’s case against OpenAI lands roughly in its first week

Three days of cross-examination in Oakland produced a $130bn lawsuit’s most awkward admissions, including that xAI trains on OpenAI’s models. The judge, not the jury, will decide. Elon Musk took the stand in Oakland on Tuesday with a story he has been …

Why a Canadian bank is trying to predict earthquakes with quantum computers
Why a Canadian bank is trying to predict earthquakes with quantum computers

BMO has filed a provisional patent on a quantum algorithm for seismic forecasting, and is sending mobile branches to wildfire zones with AI dispatch. The bank says it is the future of risk. Banks are not, as a rule, in the earthquake business. They are…

Uber acquires rival Fly Taxi in Hong Kong, Sing Tao reports
Uber acquires rival Fly Taxi in Hong Kong, Sing Tao reports

Uber has acquired the main remaining alternative taxi-hailing app in the city. Acquired five months before Hong Kong’s new ride-hailing licences are expected to come into force, the move locks in Uber’s consolidated position before competitors Didi, Ta…

Anthropic’s Mythos is moving between governments faster than regulators can agree on what to do with it
Anthropic’s Mythos is moving between governments faster than regulators can agree on what to do with it

Anthropic’s most controversial product has spent its first three weeks moving between state actors who cannot agree on whether it is theirs to use, theirs to block, or someone else’s problem entirely. On Wednesday morning, an unnamed Trump administrati…