More Revenue Won’t Fix Your Company. I’ve Analyzed 88,000 Businesses That Prove It.
Growth feels like progress right up until it destroys everything you built. Here’s what actually happens when you chase revenue without design.
Japanese space tech startup Letara expands beyond satellite thrusters with $16M
Japanese space startup Letara is betting its hybrid rocket technology can move beyond small satellite thrusters into a broader market for space, defense and security, after raising ¥2.6 billion ($16 million).
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Subway Had to Close 729 More Stores — But Executives Say It’s About Finding ‘the Right Locations’
The sandwich giant has shuttered 8,345 restaurants since 2016, but international growth and operational improvements are on the rise.
Spirit Airlines Shut Down Overnight — Stranding Thousands of Passengers: ‘We Were Scrambling. It’s Insane’
The budget carrier canceled all flights at 3 a.m. Saturday after bondholders rejected a $500 million government bailout in the final hours.
GameStop Is Making a Bid to Buy eBay in a Deal Its CEO Admits Could Be ‘Totally, Totally Foolish’
Ryan Cohen’s $12 billion meme stock wants to take over the online auction giant that is 4x its size.
Week one of the Musk v. Altman trial: What it was like in the room
This story originally appeared in The Algorithm, our weekly newsletter on AI. To get stories like this in your inbox first, sign up here. Two of the most powerful people in AI—Sam Altman and Elon Musk—began their face-off in court in Oakland, California, last week. Musk is suing OpenAI, alleging that the millions he spent to…
Elon Musk’s only expert witness at the OpenAI trial fears an AGI arms race
Stuart Russell is a long-time AI researcher who thinks governments need to restrain frontier labs.
Sierra raises $950M as the race to own enterprise AI gets serious
The raise gives Sierra more than $1 billion to work with — capital the company says it will use to become the “global standard” for AI-powered customer experiences.
Elon Musk sent ominous texts to Greg Brockman, Sam Altman after asking for a settlement, OpenAI claims
Musk texted OpenAI’s president and co-founder saying that he and CEO Sam Altman “will be the most hated men in America.”
Anthropic and OpenAI are both launching joint ventures for enterprise AI services
Both Anthropic and OpenAI have partnered with asset managers to more aggressively market their enterprise AI products.
As X shuts down Communities, Acorn debuts an alternative that puts creators in control
Acorn lets organizations build and run their own online communities using decentralized tech, with custom feeds, moderation, and analytics tools.