Google's Button for a Broken Bargain
How Google's new Preferred Sources button tries to patch the publisher economy its own AI search is dismantling.
Alex Prize
The DOJ Comes for Venture Capital
How a probe into two board seats could rewrite the rules for how VCs back competing AI startups.
The SEC's Quiet Green Light
How a technical SEC ruling on data-center bonds removed a brake on AI infrastructure financing—and why a footnote about "financial assets" carries billions in consequences.
Stripe Buys the Switchboard
How Stripe's $7 billion purchase of OpenRouter turns the messy business of choosing an AI model into payments infrastructure—and a new kind of toll booth.
Pony.ai's Global Robotaxi Push
How Pony.ai's overseas robotaxi pipeline crossing 4,000 vehicles — and robotaxi revenue leaping nearly 700% — signals that the self-driving contest is going global, with China's autonomous-vehicle champions riding Uber's platform into Europe and the Middle East.
Big Tech's $3 Trillion Hidden AI Bill
How a Wall Street Journal analysis found roughly $3 trillion in AI infrastructure commitments sitting off Big Tech's balance sheets — obligations that dwarf reported spending and quietly reshape the risk beneath the boom.
Unitree's Robot IPO Frenzy
How Unitree's Shanghai listing — oversubscribed thousands of times over — turns humanoid robotics from a venture-capital story into a public-market referendum on physical AI, and hands China the first mover's spotlight.
Higgsfield's $5.4 Billion Enterprise Turn
How Higgsfield's $400 million raise and $700 million revenue run-rate signal that AI video has crossed from creator novelty into enterprise marketing infrastructure — and why the money is now chasing the application layer.
The Money Moves to Inference
How venture capital's center of gravity shifted from training new AI models to profitably running the ones that already exist.
OpenAI's Two-Speed Pricing
How OpenAI cut model prices and raised subscription prices in the same fortnight — and what the split reveals about its road to an IPO.