Meet The Wastewater Billionaire With His Eye On AI Data Centers

America’s biggest oil field produces lots of dirty water and cheap natural gas. That makes West Texas a perfect location for data centers, says David Capobianco.

Tesla’s Founders Are Backing The Anti-Cybertruck

Marc Tarpenning and Martin Eberhard dreamed up Tesla, then convinced Elon Musk to fund it. Two decades later, they’re backing TELO, a maker of pint-sized electric trucks.

One Year Later, Capital One’s $51 Billion Discover Takeover Is Starting To Pay Off

Thanks to a quirky financial regulation, the Discover deal is already generating significant incremental revenue.

The Potential Havoc Of Generic Drug Tariffs

In this week’s edition of InnovationRx, we look at the companies looking to cash in on the coming peptide bonanza, the ongoing cyclosporiasis outbreak, Tempus’s acquisition of a cancer-testing company, and more.

Peptides May Soon Be Legal. These Companies Are Ready To Cash In

With an FDA panel expected to recommend legal production of as many as seven peptides this week, compounding pharmacies and telehealth companies are preparing for the coming bonanza.

Axon Says AI Police Reports Save Time. Public Records Show They Get Facts Wrong

More than 600,000 police reports have been written with help from Axon’s AI tools. Public records obtained by Forbes show that they can introduce errors that cops have to spend time editing out.

American Open-Source Labs Think They Can Beat China’s Best AI Startups

Chinese open-source models like Kimi and Deepseek are now dominant AI tools. American startups like Thinking Machines, Reflection AI and now Poolside are trying to challenge that.

The Pentagon Is Using This $1.2 Billion Startup’s AI To Automate Cyberwarfare

Khosla Ventures is putting $30 million into Twenty, a cyber startup that uses AI models from Anthropic and OpenAI to run hacking campaigns for the Department of War.

The U.S. Bank Market Is A Fortress. Nubank’s Billionaire CEO Has An Invasion Plan.

Some analysts warn that the U.S. market is too competitive. But David Vélez has built a $13 billion fortune proving the naysayers wrong.