Deep Cogito emerges from stealth with hybrid AI ‘reasoning’ models

April 8, 2025
A new company, Deep Cogito, has emerged from stealth with a family of openly available AI models that can be switched between “reasoning” and non-reasoning modes. Reasoning models like OpenAI’s o1 have shown great promise in domains like math and physics, thanks to their ability to effectively fact-check themselves by working through complex problems step […]

No, Stripe is not becoming a bank

April 8, 2025
Last week, details emerged about an application that fintech giant Stripe had submitted for a U.S. banking license. There was a lot of chatter on X about whether this meant Stripe – already the largest privately valued fintech in the world – would now be adding bank to the list of descriptions of what it […]

Inside the EV startup secretly backed by Jeff Bezos

April 8, 2025
Jeff Bezos is funding a secretive EV startup based in Michigan called Slate Auto that could start production as soon as next year, according to multiple sources and documents that link the billionaire’s family office to the startup. Slate, which took root in another Bezos-connected company called Re:Build Manufacturing, has been operating quietly since its […]

At last, MrBeast weighs in on the global economic crisis du jour

April 8, 2025
Your 401k is suffering. The billionaires are fighting. The gamers are imperiled. Not even the penguins on McDonald Island, where no humans reside, have been spared. But at long last, 26-year-old YouTuber and chocolatier MrBeast has weighed in on President Donald Trump’s controversial plan to impose sweeping tariffs on imports. Jokes aside, the prolific YouTuber […]