For years, American Airlines bet that travelers would rather watch in-flight movies on their own phones or tablets. No more. On Tuesday, the airline said it plans to install seatback entertainment screens on around 800 single-aisle jets. New Airbus and Boeing jets with the screens will begin arriving in 2028, with retrofits on its existing
Navigating New York City’s economy can feel like a gauntlet of minor indignities. Selling ice cream, for some reason, requires two different permits. Want to quit your gym? You may have to send a certified letter by mail. Oh, and before you haul your belongings to that storage unit, you’d better read the fine print
Leopold Aschenbrenner, the Wall Street wunderkind whose hedge fund imploded in late July, placed huge bets on two AI stocks in the lead-up to the disaster. Aschenbrenner’s firm, Situational Awareness, owned a $5.7 billion stake in SanDisk and a $5.6 billion stake in Micron at the end of June, its quarterly portfolio update revealed on
Smokey John’s has been serving barbecue in Dallas, Texas, since 1976. It was already losing money when a devastating fire destroyed the entire restaurant in 2017. So, brothers Brent and Juan Reaves had to rebuild it from scratch. Their bet paid off. Today, Smokey John’s makes nearly $4 million in annual revenue and goes through
The last century was fueled by oil and gas. Turner Caldwell is betting the next century runs on metals. “We’re entering a metals-driven economy,” said Caldwell, CEO and cofounder at Mariana Minerals, a software-focused mining startup. “Lithium and copper are going to be core, but our mandate needs to be broader than that. We’re starting
Thinking Machines Lab, the AI startup founded by former OpenAI CTO Mira Murati, launched its first in-house AI model Wednesday morning, called Inkling. And unlike flagship models from OpenAI, Anthropic or Google, it is open weight, meaning third-party developers and companies can download and modify it directly. Inkling is a mixed expert system with 975