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October 25, 2026, 11:50 AM
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| Torsten Slok / Apollo Global Management: |
Outside of tech there has been no financial payoff to US companies for using AI, now viewed as a margin-hurting cost center, as VC-backed firms burn more tokens — Despite massive investments and widespread hype around artificial intelligence, the technology has delivered zero financial payoff to corporate America outside of tech.
More: Bloomberg, PPC Land, Constellation Research, CNBC, Tech in Asia, and DeLong's Grasping …
X: @sasurobert, @garymarcus, @thebigberbowski, @dariocpx, @kevrgordon, @squawkstreet, @bloombergtv, @simonkhalaf, @davidsirota, @rohanpaul_ai, @thestalwart, @bradrcarson, and @spnichol
Bluesky: @jtp, @doctorow.pluralistic.net, @carnage4life, and @stevenjcbuckley. Mastodon: @remixtures@tldr.nettime.org
Forums: Hacker News, r/stupidpol, r/Economics, r/wallstreetbets, r/AIBubble, and r/technology
| Mark Gurman / Bloomberg: |
Sources: Apple tweaked macOS for its OLED touch MacBook Pro, due Wednesday, with a dynamic interface that adapts to whether touch or the trackpad was last used — Also: The company rolls out a retail store tool to reduce wasted inventory. — Apple's touch-screen MacBook Pro will arrive on Wednesday …
More: MacRumors, 9to5Mac, AppleInsider, MacRumors, Digital Trends, iClarified, Cult of Mac, Forbes, The Verge, Computerworld, and Memeburn
| The Information: |
Source: Replit recently moved most AI spend from Anthropic to OpenAI, which gave 30%+ off in a deal worth $100M+/year, after Anthropic discontinued its discount — OpenAI's efforts to undercut Anthropic on price are producing some results. — For instance, in May, Anthropic models powered 57% …
More: The Decoder, RuntimeWire, and Crypto Briefing
X: @choblin29, @amir, @steph_palazzolo, @kimmonismus, @roundtablespace, @thegenioo, @financedircfo, and @shanumathew93. Bluesky: @wilkos
| Maria Curi / Axios: |
Lawmakers and Hill staffers in both parties say AI leaders are becoming a political liability as they swing between claims of prosperity and existential dangers — Washington has always viewed Silicon Valley as culturally strange. But the current crop of AI leaders is becoming … | Carl Franzen / VentureBeat: |
Kimi K3.1 Pro's debut draws scrutiny over allegations that influencers were asked to promote the model without disclosing a commercial relationship to Moonshot — That's because Kimi K3.1 Pro scores so high on third-party benchmarks — according to both Moonshot and third-party AI model … | Wall Street Journal: |
Ukraine says Starshield was working normally again on Saturday morning; US officials said Trump asked Elon Musk to restore the service — Speed restrictions imposed by Elon Musk's SpaceX have hampered Ukraine's drone forces since Oct. 14 — KYIV—Ukraine's military Starlink system …
More: Washington Examiner, New York Post, NBC News, Reuters, CNBC, TechCrunch, The Indian Express, Mediaite, BBC, Associated Press, The Sun, RedState, The Asia Business Daily, Stories Framing the Globe, The Hill, NewsMax.com, Puck, Newser, Sky News, Honolulu Star-Advertiser, Stars & Stripes, NPR, The Guardian, Gizmodo, WSVN-TV, Ukrainska Pravda, Financial Times, Axios, New York Times, Scripps News, Ministry of Defense of Ukraine, The Kyiv Independent, Diplomatic,, Forbes, and CBS News
X: @elonmusk, @zelenskyyua, @johncornyn, @ralee85, @alexbward, @jurgen_nauditt, and @barakravid
Forums: r/qualitynews, r/NoFilterNews, r/TechGawker, r/technology, r/NewsThread, r/NewsSource, r/NoFilterNews, and r/Starlink
| Jay Peters / The Verge: |
Block unveils Dessa, a “true speech-to-speech” AI model trained on “nothing but human conversation” that it says runs locally on a MacBook Pro M4 Max or newer — You have got to listen to these conversations with Block's new Dessa AI model.
More: Block, Gizmodo, Mashable, WinBuzzer, The Decoder, Implicator.ai, TechCrunch, CoinDesk, TheStreet, The Indian Express, RuntimeWire, Unite.AI, and Crypto Briefing
X: @jack, @ragavanthurair, @linusekenstam, @kimmonismus, @shivaroor, @trackingcosts, @cz_binance, @linusekenstam, @layoffai, @justinebateman, @kimmonismus, @templetonthomas, @arpagon, @simplykashif, @jack, @amritaahuja, @blocks, @blocks, @testingcatalog, @chrisparkx, @naithanjones, @davetist, @axhoff, @bffmike, @gregoryconti19, and @thebitsian
Forums: r/programiranje and r/singularity
| Bloomberg: |
How a Blackstone-led $2.3B private credit loan to CoreWeave in 2023 became a blueprint for chip-backed debt, which is on track to become a $1T market — “What is a GPU?” Blackstone Inc. executives asked CoreWeave Inc.'s leadership. Also: “Is AI real?” — These were entirely logical queries … | Hartley Charlton / MacRumors: |
Instagram launches an Apple TV app for watching Reels, longer videos, and live shows; the app previously launched on Fire TV, Google TV, and Samsung smart TVs — Instagram is now available on the Apple TV, bringing Reels, longer videos, and live shows via the platform to Apple's streaming device for the first time.| Augusta Saraiva / Bloomberg: |
A look at Meta's role in Brazil's runoff, where Lula da Silva alleges Meta restricts his content and a court ordered it not to interfere; Meta cites glitches — A new villain is emerging in the closing stretch of Brazil's bitterly contested presidential election: Meta Platforms Inc.| Dana Goldstein / New York Times: |
A look at Alpha School, a network of private schools that claims to teach kids 2x as fast using AI; data shows ~50% of K-8 students missed this goal in math — Alpha School, a private network, is spreading into public education. While its students' test scores are high, some parents and educators say it doesn't live up to the hype.| Ryan Lawler / Axios: |
CapitalOS, which helps vertical software platforms offer spend management, cards, and bill payment tools to SMB customers, raised a $21.9M Series A led by LGVP — CapitalOS, which helps vertical software platforms offer cards and bill-pay tools to their SMB customers, has raised $21.9 million …
More: WebWire, Dealroom.co, CapitalOS, FinSMEs, and FinTech Global
| Cailey Gleeson / Fierce Healthcare: |
Baba, which develops AI tools to help Medicare and Medicaid patients connect to care teams and handle advocacy tasks, raised a $40M Series A led by FirstMark — Applied artificial intelligence company Baba secured $40 million in series A funding to modernize the Medicare and Medicaid experience.| Dominic Chopping / Wall Street Journal: |
LSEG agrees to acquire Octus, an NY-based provider of credit intelligence, data, and workflow software, from Permira and Octus' management for $3.54B in cash — The group said the acquisition would transform its presence in credit and private markets data — London Stock Exchange Group …
More: PYMNTS.com, Octus, The Paypers, Bloomberg, Financial Times, Reuters, and FinTech Global
Sponsor Posts
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Sundar Pichai on what's next for Google Gemini, Waymo, and data centers in space
Candid conversations with the leaders shaping what's next in AI and the broader tech industry. Hosted by Alex Heath, who has covered Silicon Valley for more than a decade.
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