President Donald Trump was sued Wednesday over a new service for his social media platform, Truth Social, that charges subscribers up to $100,000 a month for early access to his posts and those of other prominent users. The lawsuit, filed in Manhattan federal court, alleges that the sale of faster access to what the interim
Washington and Tokyo’s unprecedented step to bolster the yen already appears to be unraveling. On July 30, Japan’s finance ministry reportedly sold as much as $59 billion to buy the Japanese currency, then at 40-year-lows. Tokyo and Washington later confirmed they had acted together to bolster a weak yen. It was the first time they
Another YouTube creator is facing online backlash over the use of artificial intelligence. Cliff Tan, who runs a popular interior design YouTube channel called “Dear Modern” that has 2.4 million subscribers and a corresponding TikTok account with 3.6 million followers, posted a video on Monday in which he apologized for promoting an AI company. “Yesterday
Elon Musk has perhaps been the most bullish on AI’s potential to reshape the world, predicting that work will eventually become optional, goods and services will become abundant, and money could become irrelevant as AI drives toward a “universal high income.” But fellow billionaire Michael Saylor isn’t quite buying it. “Everybody doesn’t get a Hampton’s
Although OpenAI still straggles behind Anthropic in a closely watched measure of AI adoption among businesses, there’s a spark of hope for CEO Sam Altman’s company. OpenAI has an advantage over its rival’s priciest and most advanced model, according to new data from Ramp’s AI Index. The data shows that Anthropic’s Fable 5 model generated
It’s an AI world and we’re all just living in it. PitchBook released its Q2 2026 U.S. VC Valuations data this week, and the report aligns with the skewed venture market we’ve come to know: Investors are willing to pay up for a few anointed AI companies, and (almost) everything else is a pass or
