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From a 50% Warning to 'Delighted to Be Wrong': Why Altman and Amodei Walked Back the AI Jobs Apocalypse

From a 50% Warning to 'Delighted to Be Wrong': Why Altman and Amodei Walked Back the AI Jobs Apocalypse

From a 50% Warning to 'Delighted to Be Wrong': Why Altman and Amodei Walked Back the AI Jobs Apocalypse In mid-2025, Anthropic CEO Dario Amodei warned AI could wipe out up to 50% of entry-level white-collar jobs within five years and push youth unemployment to

Citadel Securities Put $400 Million Into Crypto.com at a $20 Billion Valuation — Here's What Ken Griffin's Firm Is Really Buying

Citadel Securities Put $400 Million Into Crypto.com at a $20 Billion Valuation — Here's What Ken Griffin's Firm Is Really Buying

Citadel Securities Put $400 Million Into Crypto.com at a $20 Billion Valuation — Here's What Ken Griffin's Firm Is Really Buying On July 16, 2026, Citadel Securities — Ken Griffin's market-making giant — invested $400 million in Crypto.com at a $20 billion valuation. It&

China's Optical Chip, Explained: How a Peking University System Ran AI Inference 100x Faster on One-Ninth the Compute

China's Optical Chip, Explained: How a Peking University System Ran AI Inference 100x Faster on One-Ninth the Compute

China's Optical Chip, Explained: How a Peking University System Ran AI Inference 100x Faster on One-Ninth the Compute In July 2026, a Peking University team reported an optical interconnect system that ran a distributed AI inference task more than 100 times faster while using about one-ninth

Michael Burry's AI Short, by the Numbers: 5 Names and a Semiconductor Index 65% Above Its 200-Day Average

Michael Burry's AI Short, by the Numbers: 5 Names and a Semiconductor Index 65% Above Its 200-Day Average

Michael Burry's AI Short, by the Numbers: 5 Names and a Semiconductor Index 65% Above Its 200-Day Average In early July 2026, "Big Short" investor Michael Burry disclosed a cluster of bearish bets across the AI hardware trade — Nvidia, Caterpillar, Applied Materials, Tesla, and the

ASML Raised Its 2026 Forecast to €45 Billion and Jumped 6% — So Why Did Memory Stocks Fall?

ASML Raised Its 2026 Forecast to €45 Billion and Jumped 6% — So Why Did Memory Stocks Fall?

ASML Raised Its 2026 Forecast to €45 Billion and Jumped 6% — So Why Did Memory Stocks Fall? On July 15, 2026, ASML beat estimates, hiked its full-year revenue outlook for the second time this year to €43–45 billion, and its stock jumped nearly 6% to about €1,648.

Japan's Crypto Tax Cut Explained: From 55% to a Flat 20% and the FIEA Switch That Makes It Possible

Japan's Crypto Tax Cut Explained: From 55% to a Flat 20% and the FIEA Switch That Makes It Possible

Japan's Crypto Tax Cut Explained: From 55% to a Flat 20% and the FIEA Switch That Makes It Possible In mid-July 2026, Japan's parliament gave final approval to a law that reclassifies crypto as a financial instrument under the Financial Instruments and Exchange Act (FIEA)

The US AI Lead Over China Is Just 6–9 Months — And Anthropic Says Washington's Own Rules Could Shrink It

The US AI Lead Over China Is Just 6–9 Months — And Anthropic Says Washington's Own Rules Could Shrink It

The US AI Lead Over China Is Just 6–9 Months — And Anthropic Says Washington's Own Rules Could Shrink It At the Aspen Security Forum in mid-July 2026, a senior Anthropic executive put a number on the US–China AI race: America leads by roughly six to