Dimon Says AI Cyber Risk Rose Tenfold After Mythos, While Declining to Engage With the Existential Question
The largest US bank now frames AI as a controls problem to be engineered around rather than a civilisational one.
Arbitrum Backs Paxos USDG to Capture Reserve Income From the $3.8 Billion of Stablecoins Already on Its Network
Circle's USDC is 60% of that balance and Arbitrum earns nothing from it. Consortium models are redistributing issuer economics to...
Ford Falls 30% From Its May Peak While Analysts Raise Targets 16%, and Its Last Sell Rating Vanished Only Because an Analyst Left
None of 23 analysts recommends selling, but the absence of bearish ratings is partly a staffing artefact rather than a...
Ireland Cuts Carbon Tax on Heating Fuels and Rules Out Future Increases, Taking the Rate Below Half Its Planned Path
The second European climate rollback in two weeks, following protests that shut the country's only oil terminal in April.
RedBird Puts $4 Billion More Into the $110 Billion Paramount-Warner Deal, Taking Its Stake to $6 Billion
Warner Bros. Discovery closed unchanged on completion day, which tells you the market regarded the outcome as settled long ago.
Trade Gap Widens 13.7% to $105.6 Billion on Record Imports, With Net Exports Set to Subtract 2.59 Points From Q3 GDP
Semiconductor imports jumped a record $2.4 billion, meaning the AI buildout driving growth is also the largest drag on measured...
Moonshot Aims for Hong Kong — $50 Billion Valuation Locks In as China’s AI Darling Plans Early 2027 IPO With $5 Billion Raise
Moonshot closed final private round $50B valuation. Early 2027 Hong Kong IPO Q1 planned. Raising up to $5B IPO. Kimi...
Tokenized Cash Breaks Into Mainstream — Spiko Raises $90 Million to Build on Blockchain What BlackRock Still Dominates in Traditional Finance
Spiko $90M Series B round, $800M valuation (NEA-led). London/Paris fintech. Tokenized euro money-market funds. $2.7B AUM across products. Flagship Spiko...
China’s AI Insurgent Raises $12 Billion — DeepSeek Crushes Fundraising Target as V4 Flash Resets Cost-Performance Equation Against OpenAI and Anthropic
DeepSeek raising 80B+ yuan ($12B minimum), target 50B exceeded. Could reach 100B yuan. CATL + Tencent largest backers. Early 2027...
Anthropic’s IPO Smoke Screen — $518 Billion in Compute Commitments Hidden Behind Existential Risk Disclosure as Prospectus Fails to Disclose True Shareholder Structure
Anthropic IPO prospectus warns existential risks to humanity (not HAL 9000—shareholder lawsuit protection). Public-benefit corp allows profit sacrifice for safety....
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