Europe’s AI sovereignty is under threat. Could Mistral be the answer?
In May, Arthur Mensch walked into a largely empty hearing room to deliver an urgent warning to the French National Assembly. For 90 minutes, the CEO of Paris-based AI company…
Gen Z’s anti-capitalist brand says one thing. Its spending data says something more interesting
Gen Z has built its brand on anti-capitalist rhetoric. That just shows how misunderstood they are. The transaction data tells a very different story—and it’s not about twenty-somethings’ hypocrisy. The…
Has the AI race shifted from U.S. vs China to open vs closed?
Another week, another new innovation from China’s AI labs. DeepSeek just released a new version of its V4 Flash model, which outperforms most top Western models, is priced far more…
OpenAI’s Greg Brockman gave $5.5 million to protect the home of an internet-famous bald eagle named Jackie
Philanthropy is for the birds, literally. Craigslist founder Craig Newmark vowed to give away his fortune to his passions: combatting disinformation, election security, cybersecurity, and… pigeons. And now OpenAI cofounder…
Ray Dalio on the AI bubble nearing 1929, 2000 levels and the lesson people always forget: ‘wealth is not the same as money’
Ray Dalio, the billionaire founder of Bridgewater Associates, delivered one of his starkest warnings yet on the current market environment during a wide-ranging appearance on The Diary of a CEO…
The NFL’s previous push into Europe lost $400 million. Why it’s trying again
When the Pittsburgh Steelers and the New Orleans Saints walk onto the turf of the Stade de France on Oct. 25, the National Football League (NFL) will stage its first…
How Zohran Mamdani’s pied-à-terre tax exposed an epidemic of ‘ghost cars’ instead
It’s not an uncommon sight to see out-of-state plates in New York. For one, it is the self-described greatest city in the world, so of course people embark on road…
From Porsche penthouses to Nobu lofts: Inside the $67 billion boom in luxury branded residences
On the oceanfront stretch of Sunny Isles Beach, Florida, residents of the Porsche Design Tower don’t park their cars in a garage. Instead, the garage rides upstairs with them. Residents…
The Iran war already has a winner: The world’s largest shipbroker notching record earnings from the ‘exceptional volatility’ in the Strait of Hormuz
As traffic in the Strait of Hormuz continues to be disrupted during the monthslong Iran war, one company is benefiting from the global trade chaos. Clarksons, the world’s largest shipbroker,…
How Barnes & Noble CEO James Daunt tapped his indie bookstore cred to revive the big-box chain
When James Daunt was named CEO of Barnes & Noble in 2019, he quickly began making the big-box store more like local indie bookstores. Barnes & Noble had just been…