Aschenbrenner's AI Thesis Holds, But Timing and Leverage Failed
Leopold Aschenbrenner's $45 billion AI hedge fund collapsed after a 439 percent return in the first half of 2026, forced to sell assets amid falling AI stocks and margin calls.
Business
530 articles
The business of AI — funding rounds, acquisitions, enterprise adoption, and market moves. Who is investing, who is partnering, and how AI is reshaping company strategy and the wider economy.
LATEST NEWS
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Ex-OpenAI Researcher Predicts $100 Billion Investment in Training Data
Former OpenAI researcher Andrew Ho argues that scaling alone won't improve AI generalization, predicting over $100 billion in future spending on targeted data collection.
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Okta Acquires AI Security Startup Permiso for About $200M
Okta agreed to acquire AI security startup Permiso for about $200 million, according to a source with knowledge of the deal.
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Google Fixes More Chrome Bugs in June Than Past Two Years Using AI
Google patched 1,072 Chrome security bugs in June, surpassing the total of 1,036 fixes from the past two years combined.
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TechCrunch Disrupt 2026 Features Amazon, Replit, Tether Leaders
TechCrunch Disrupt 2026, running October 13–15 in San Francisco, will feature leaders from Amazon, Replit, and Tether in discussions on AI, startups, and tech trends.
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Forward-Deployed Engineers Become AI Industry's Latest Talent Obsession
Christian & Timbers estimates only 2,000 U.S. engineers have the expertise to deliver ROI on AI investments, with demand for these specialists projected to surge by 2,100% by year-end.
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Nscale Acquires Anyscale to Expand AI Compute Stack
Nscale acquired Anyscale for $1.65 billion to strengthen its position in the AI compute market, according to Bloomberg.
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Meta Uses AI to Streamline App Development and Plan More Releases
Meta CEO Mark Zuckerberg said AI is enabling faster app launches, with Threads reaching 500 million monthly active users.
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Dili Raises $15 Million to Bring AI Compliance to Infrastructure Boom
Dili, an AI compliance firm, raised $15 million in Series A funding, bringing its total to $21.7 million, to support infrastructure projects with federal funding.
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Shift Uses Private Chef for Robot Training Data
Shift, a division of Microagi, offered free meals in exchange for recording kitchen tasks, providing critical data for robot training.
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Meta Expands Enterprise AI Beyond Agents
Meta CEO Mark Zuckerberg outlined broader enterprise AI plans during Q2 earnings call, including APIs, compute sales, and new services for businesses.
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Microsoft Gains $3.2B from Anthropic Investment, OpenAI Mixed
Microsoft reported a $3.2 billion gain from its Anthropic investment in Q4 2026, boosting diluted EPS by 33 cents, while its OpenAI investment saw a $600 million write-down.