Author: Editor-In-Chief
OpenAI’s $852 billion valuation faces skepticism from some of its own investors as the company pivots around enterprise customers and rushes to fend off Anthropic’s attack, according to the Financial Times. Anthropic’s annual revenue soared from $9 billion at the end of 2025 to $30 billion by the end of March, largely due to demand for its coding tools. An investor who backed both companies told the FT that to justify an OpenAI round, an IPO valuation of $1.2 trillion or more would have to be assumed, making Anthropic’s current valuation of $380 billion look cheap in comparison. The secondary…
JPMorgan Chase CEO Jamie Dimon (right) departs from the U.S. Capitol Building in Washington, DC, on Wednesday, February 25, 2026.Graham Sloan | Bloomberg | Getty ImagesJP Morgan Chase CEO Jamie Dimon said Tuesday that while artificial intelligence tools may ultimately help protect companies from cyberattacks, they first make them more vulnerable.Dimon said JPMorgan is testing Anthropic’s latest model, the Mythos preview the AI company announced last week, as part of a broader effort to reap the benefits of AI while protecting against attackers who exploit the same technology.”AI has made things worse and more difficult,” Dimon told analysts during the…
Venezuela’s president says limited sanctions relief is not enough to stabilize his country’s troubled economy.Published April 14, 2026April 14, 2026Venezuela’s interim President Delcy Rodríguez has called on the United States to lift a series of sanctions that are hurting the country’s economy.Her remarks Tuesday came after the U.S. Treasury Department announced it would issue new licenses allowing transactions with certain Venezuelan banks and individuals.Recommended stories list of 3 itemsend of listBut Rodriguez argued that the measures are not enough to save Venezuela from its ongoing economic crisis.She framed her request as a requirement for foreign investment, a priority of US…
Arne Slott believes “so many decisions went against the club” this season and was not surprised that Liverpool’s penalty against Paris Saint-Germain was overturned.Liverpool lost 4-0 on aggregate in the quarter-finals, losing 2-0 to PSG at Anfield, and were kicked out of the Champions League. Liverpool put in a spirited performance, unsettling the European champions until Ousmane Dembele conceded two late penalties. There were good moments for the Reds. There was controversy, especially when Alexis Mac Allister thought he had won a penalty at 0-0, but the penalty was canceled by the referee after a VAR review. Tim Sherwood, who…
Emma Greed, co-founder and CEO of the inclusive fashion brand Good American with Khloé Kardashian and partner in founding Skims with Kim Kardashian, is sitting at the board table talking about the multibillion-dollar impact that social influence has on business. But she says it takes more than influence to turn ambitions and ideas into lasting success, and she has plenty of advice to offer other women from her self-made millionaire journey.In her new book, Start With Yourself, released Tuesday, she writes that women are often held back by the way they’re conditioned to think about things like money, leadership, and…
Atlético Madrid defeated Barcelona 3-2 on aggregate to advance to the Champions League semi-finals for the first time since the 2016/17 season.Diego Simeone’s side led 2-0 in the second leg at the Riyadh Air Metropolitano, but goals from Lamine Yamal and Ferran Torres erased their advantage within 25 minutes. Then, despite bringing on both Marcus Rashford and Robert Lewandowski, the bold move was stopped by Ademola Lookman as Atlético remained nervous to regain their all-out advantage, with little Barça attacking in the second half. With 11 minutes remaining, any hopes of a comeback were gone. Eric Garcia, who was the…
In this photo illustration, an online prediction market site’s app is displayed on an electronic device on February 25, 2026 in Chicago, Illinois. Scott Olson | Getty ImagesPrediction market trading volume will skyrocket in 2026, increasing more than fourfold this year alone and reaching an estimated $1 trillion over the next four years, Bernstein said.The investment bank wrote in a report on Tuesday that trading volume has already surged in the first few months of this year, with Calci and Polymarket, the two largest platforms, expected to generate about $60 billion in market trading volume year-to-date, which is higher than…
CNBC’s Jim Cramer said investors who fled the market during the recent volatility may be grappling with the common perception that the worst-case scenario that prompted their decisions never materialized.”What we’re having is a rally that doesn’t seem to be based on anything,” the “Mad Money” host said Tuesday. “But it’s actually based on the fact that most of the things we were worried about didn’t happen.”After weeks of declines linked to geopolitical tensions, private credit risks and poor performance of many influential members.Magnificent Seven” The stock price has soared since March 30th. The gains continued Tuesday, with the Dow…
An overwhelming majority of Israelis oppose the ceasefire agreement between the United States and Iran declared last week and anticipate a return to war, a poll has found. The findings are consistent with analysts’ observations that Israeli political leaders have promised a final battle with Iran, but that the conflict has resulted in the survival of the Iranian government.A poll released by the Israel Institute for National Security Studies (INSS) on Sunday found that 61% of respondents said they opposed the ceasefire announced by US President Donald Trump 90 minutes before an apocalyptic deadline on Tuesday. The ceasefire promised to…
Arne Slott described Ekitike’s injury as “really bad” after he was carried off on a stretcher during Liverpool’s Champions League defeat to Paris Saint-Germain.Ekitike suffered what appeared to be a serious lower leg injury 30 minutes before kick-off at Anfield on a night when Alexander Isak made a surprise start after a long layoff. The forward fell onto the grass with no one nearby, clutching his right ankle area and showed visible pain until he was surrounded by teammates and treated. He was then taken off the field on a stretcher and replaced by Mohamed Salah, but Slott suggested the…