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Departing Google exec Jeff Dean has been in talks for a $10 billion valuation for his new AI startup 0
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- August 13, 2026
Jeff Dean spent 27 years helping build Google. Now, investors could be betting $1 billion that he can build the next big thing in AI outside it. The legendary Google engineer has been in discussions for $1 billion in financing at a valuation of around $10 billion for his new AI startup, Discovery Loop, people
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Bob Iger and Josh Kushner buy the LA Lakers for a record-breaking $12.5 billion, up 21% in just the 14 months since Mark Walter bought them | Fortune 0
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- August 13, 2026
In 1979, Jerry Buss bought the Lakers and turned professional basketball into a Hollywood production: courtside celebrities, a fast, camera-ready style of play, an arena built to feel like a stage. He called it Showtime, and it worked so well it became the template every league in the world eventually copied. Forty-seven years later, the
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Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream | Fortune 0
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- August 12, 2026
Iran’s hardline demand for a Strait of Hormuz fee system would generate close to $20 billion a year, but such astronomical tolls won’t be accepted by the U.S. or Iran’s Gulf neighbors, geopolitical and energy analysts say. That means the ongoing stalemate will drag on indefinitely or Iran will eventually accept a lesser, but still
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CoreWeave CEO Michael Intrator cites ‘sold out’ capacity as revenue more than doubles and backlog swells to $104 billion | Fortune 0
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- August 12, 2026
Neocloud provider CoreWeave’s revenue more than doubled in the second quarter, totaling $2.58 billion and topping analysts targets thanks to surging demand for its AI infrastructure services. “Our near-term capacity remains effectively sold out,” CEO Michael Intrator said on a call with analysts on Tuesday. Coreweave said its revenue backlog—deals that it has not billed
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ChatGPT and Gemini both just passed 1 billion users 0
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- August 11, 2026
For the 14th time, a Google product has hit 1 billion users. Google CEO Sundar Pichai posted on X that a billion people are using Gemini every month, and that Gemini is Google’s fastest-growing product ever. A billion users is a huge milestone, but Google isn’t the first AI app to hit it. OpenAI’s ChatGPT
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Google co-founder Sergey Brin has now spent $100 million to fight California’s proposed billionaire tax—he could owe $13 billion if he loses | Fortune 0
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- August 11, 2026
Google co-founder Sergey Brin has now spent more than nine figures combating California’s proposed wealth tax. According to a filing from Friday, Brin donated an additional $20 million to Building a Better California, a PAC and political advocacy organization opposing the state’s billionaire tax and supporting other pro-business policies and housing and infrastructure affordability. He
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