May 30, 2025

Here’s the 2025 Summer Reading List for Wealthy People, According to JPMorgan

JPMorgan released its annual summer reading list, geared to high-net-worth people who are curious about technology, art, and finding true happiness.

May 2025

The Download: the next anti-drone weapon, and powering AI’s growth

May 29, 2025
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. This giant microwave may change the future of war Imagine: China deploys hundreds of thousands of autonomous drones in the air, on the sea, and under the water—all armed with explosive warheads or…

Buildots raises $45M to help companies track construction progress

May 29, 2025
In the construction industry, managers can easily become disconnected from what’s happening on-site. Among the many tasks to juggle are staying apprised of costs, communicating with all stakeholders, and assessing risk related to aspects like contractor billing and performance. Buildots wants to change all of that through AI and computer vision. Founded in 2018 by […]

What will power AI’s growth?

May 29, 2025
It’s been a little over a week since we published Power Hungry, a package that takes a hard look at the expected energy demands of AI. Last week in this newsletter, I broke down the centerpiece of that package, an analysis I did with my colleague James O’Donnell. (In case you’re still looking for an…

This giant microwave may change the future of war

May 29, 2025
Imagine: China deploys hundreds of thousands of autonomous drones in the air, on the sea, and under the water—all armed with explosive warheads or small missiles. These machines descend in a swarm toward military installations on Taiwan and nearby US bases, and over the course of a few hours, a single robotic blitzkrieg overwhelms the US…

Lightspeed backs Indian home services startup Snabbit as the next big consumer trend

May 29, 2025
Home services in India — whether it is cleaning, dishwashing, or laundry — have traditionally been offline and informally run. This has often resulted in delays and uncertainties for consumers, as well as inconsistent pay and job insecurity for workers. Recently, however, startups have begun viewing this area as ripe for transformation, leveraging technology to […]