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Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

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Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties

3

Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows

1

Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

2

Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties

3

Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent shows
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Why the AI age calls for ‘founder mode’
Why the AI age calls for ‘founder mode’

The onset of the technology demands leaders who stay close to the work, move quickly, and rethink what their companies can become.

By Alyson ShontellOctober 7, 2026
Cofounders Nate Wilson and Eli Ben-Johnson sit on robobikes.
Meet the two cofounders who went on a 10-month-long trip before starting their $350 million business—they say you should too
By Joshua HongOctober 7, 2026
Justin Ma, cofounder of Vest, smiling.
Exclusive: Portal Ventures-backed Vest raises $13 million to build a proprietary trading firm that shares traders’ profits
By Camila Grigera NaónOctober 7, 2026
Pete Hegseth, US secretary of defense, during an address at Marine Corps Base Quantico in Quantico, Virginia, on Sept. 30, 2026. (Photo: Stefani Reynolds/Bloomberg/Getty Images)
What militaries could do with AI ‘keeps me up at night,’ OpenAI exec says
By Andrew NuscaOctober 7, 2026
Current price of Ethereum for Oct. 7, 2026
Current price of Ethereum for October 7, 2026
By Joseph HostetlerOctober 7, 2026
Tom Hale, CEO of Oura
Why Oura delayed its IPO
By Allie GarfinkleOctober 7, 2026
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Big Tech
More in Big Tech
Photo of Donald Trump in Dublin
OpenAI’s human rights lead: What the military could do with AI ‘keeps me up at night’

Sarah Yager joined OpenAI recently, and though she was initially skeptical that her position was merely a PR stunt, she says she’s had some early success influencing the safety of the technology.

By Emily ForliniOctober 6, 2026
Elon Musk is a trillionaire again—and he’d still be the richest person on the planet even if he gave everyone $90

Musk could buy everyone on the planet a pair of Apple AirPods, a three-course dinner, or a nice pair of Levi’s jeans, and he’d still be the world’s richest with $298 billion.

By Emma BurleighOctober 6, 2026
A $443 million memecoin frenzy dissolves into nothing—Robinhood and Circle are latest to taste the memecoin boom-and-bust cycle

Robinhood Chain saw a brief surge in memecoin trading before volumes dropped 96%.

By Camila Grigera NaónOctober 6, 2026
Brands are fleeing TV for social. The agency that landed more than 50B views for brands like Perplexity and Universal Music sold for at least $100M

Exclusive: Get Engaged becomes a part of SAMY, a global social-first marketing company.

By Sydney LakeOctober 6, 2026
More in Big Tech
Startups & Venture
More in Startups & Venture
Why Sam Altman takes his hardest questions to Nikesh Arora
Why Sam Altman takes his hardest questions to Nikesh Arora

The Palo Alto Networks CEO doesn’t do sugarcoating. And it’s made him a go-to advisor.

By Allie GarfinkleOctober 6, 2026
Why Oura really pulled its IPO: Wall Street experts suspect valuation concerns, an insider cash-out, and an Apple-size threat

Oura blamed market “uncertainty,” but maybe investors just didn’t buy the story.

By Morgan ChittumOctober 6, 2026
OpenAI’s safety firings raise awkward questions

The firings show that, for now, AI labs alone decide what the public learns about their safety incidents.

By Beatrice NolanOctober 5, 2026
Nvidia backs startup Reactor as buzz grows for world models  

As world models find new uses in robot training and control, Reactor aims to supply the computing power and software needed to run them.

By Wen ShaoOctober 5, 2026
More in Startups & Venture
AI
More in AI
Will AI kill the Asian entertainment industry, or reinvent it?
Will AI kill the Asian entertainment industry, or reinvent it?

Studios in China are turning to models from ByteDance and Kling to generate 100-minute short dramas for less than $3000.

By Angelica AngOctober 7, 2026
Researchers tracked $80 million in political ads using AI—and Republicans were behind 83% of them

Don’t expect a disclaimer on that AI slop political ad you see this year.

By Travis N. Ridout, Erika Franklin Fowler, Michael Franz and The ConversationOctober 6, 2026
‘AI Snake Oil’ author sees chatbots evolving into a ‘truth oracle’—and journalism heading somewhere it hasn’t been in 200 years

Princeton’s Arvind Narayanan asked the Computation + Journalism conference to prepare for AI “not as it is today, but as it will be” in five to 10 years.

By Nick LichtenbergOctober 6, 2026
Finding value from AI in big companies comes down to people, not technology

Big companies need to overcome ‘learned helplessness’ and risk aversion to find ROI from AI, futurist Amy Webb says

By Jeremy KahnOctober 6, 2026
More in AI
Innovation
More in Innovation
Eva Olsson, Ellen Moons, and Mark Pearce sit in front of a screen displaying Francis Halzen as the recipient of the 2026 Nobel Prize in Physics during a press conference at the Royal Swedish Academy of Sciences in Stockholm, Sweden, on October 6, 2026. Belgian physicist Francis Halzen won the Nobel Prize in Physics for work on subatomic particles at the South Pole, the Nobel jury said.
Trillions of ‘ghost particles’ pass through your body every second. The scientist who hunts them just won the Nobel Prize

Francis Halzen turned Antarctic ice into a giant detector for elusive neutrinos, with sensors buried 8,200 feet below the surface.

By Kostya Manenkov, Adithi Ramakrishnan and Stefanie DazioOctober 6, 2026
It’s ‘more likely than not’ humanity loses control: Former AI insiders testify safety fixes may be ‘duct tape that will fall off later’

Former insiders warned the New York City Council about losing control of AI, while OpenAI, Anthropic, Meta, and Google couldn’t say how big the risk is.

By Catherina GioinoOctober 5, 2026
Nvidia-backed Reflection AI unveils its first open model, Beam. Could it be America’s best chance to compete with China?

The New York–based company already has deals with U.S. government agencies and billion-dollar compute agreements.

By Emily ForliniOctober 5, 2026
Sam Altman says the world should accept some ‘bad things’ happening with AI as the industry signs on to Trump’s voluntary safety pact

But Altman said “catastrophic risks” are unacceptable.

By Marco Quiroz-GutierrezOctober 5, 2026
More in Innovation
Cybersecurity
More in Cybersecurity
sr
I wrote The Future of Truth and then found to my alarm it contained AI-hallucinated quotes. I’ve chosen to fight back

My book went through five editorial rounds and more than 4,000 tracked changes, but I later discovered it had 26 quotes that didn’t hold up under scrutiny.

By Steven RosenbaumOctober 6, 2026
Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victims

Clayton Iley pitched a fake Defense Department loan program and used victims’ identities to fund 90-plus collector vehicles, prosecutors say.

By Catherina GioinoOctober 5, 2026
The AI industry ‘hates crypto people’—but they may need them all the same

Whatever you think of crypto people, blockchain technology may offer real solutions to the problem of rogue AI agents.

By Jeff John RobertsOctober 5, 2026
Norway floats temporary but total ban on AI glasses as it investigates ‘socially beneficial uses’

Officials want a temporary ban as smart glasses make it easier to photograph, film and record people without their knowledge.

By Jamey Keaten and The Associated PressOctober 5, 2026
More in Cybersecurity
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dimon, amodei
Cybersecurity
Jamie Dimon and Dario Amodei sidestep question about whether the AI cyber ‘freakout’ is warranted
By Nick LichtenbergMay 5, 2026
  • Meme stock GameStop pitches $56 Billion takeover of eBay
    Retail
    Meme stock GameStop pitches $56 Billion takeover of eBay
    By Cecilia D'Anastasio, Se Young Lee and BloombergMay 3, 2026
dario
Economy
Dario Amodei spent last year warning of an AI white-collar bloodbath. Now he’s changing the narrative
By Nick LichtenbergMay 5, 2026
Mark Zuckerberg
Law
James Patterson, Biden publishers say Mark Zuckerberg ‘personally authorized’ copyright infringement in new lawsuit against Meta
By Hillel Italie and The Associated PressMay 5, 2026
servicenow
AI
ServiceNow just unveiled an AI workforce that can run your entire company: ‘Enterprises need AI that senses, decides, and securely acts’
By Nick LichtenbergMay 5, 2026
Pennsylvania sues Character.AI after its chatbot allegedly told a state investigator it was a ‘doctor of psychiatry’ licensed in the state
Law
Pennsylvania sues Character.AI after its chatbot allegedly told a state investigator it was a ‘doctor of psychiatry’ licensed in the state
By The Associated Press and Marc LevyMay 5, 2026
Coinbase didn’t just lay off 14% of its staff due to AI. It replaced managers with ‘player-coaches’ and turned its org chart upside down
Crypto
Coinbase didn’t just lay off 14% of its staff due to AI. It replaced managers with ‘player-coaches’ and turned its org chart upside down
By Marco Quiroz-GutierrezMay 5, 2026
  • Hong Kong is the hub for China’s AI IPOs. It can be so much more than that
    Commentary
    Hong Kong is the hub for China’s AI IPOs. It can be so much more than that
    By Brian Wong and Tony ChanMay 3, 2026
The Met Gala raised a record $42 million as Silicon Valley picked up the tab—and as celebs protested Jeff Bezos’ sponsoring of the event
Politics
The Met Gala raised a record $42 million as Silicon Valley picked up the tab—and as celebs protested Jeff Bezos’ sponsoring of the event
By Catherina GioinoMay 5, 2026
MoonPay CEO and co-founder Ivan Soto-Wright speaks at a conference in Miami
Crypto
MoonPay acquires Solana trading infrastructure platform in $100M all-stock deal
By Jack KubinecMay 5, 2026
dimon
Banking
Jamie Dimon and Dario Amodei shared a stage for the first time. Here’s what they revealed about AI, cyber risk and the future of Wall Street
By Nick LichtenbergMay 5, 2026
UK-based Google DeepMind workers vote to unionize over military AI contracts amid internal backlash over its Pentagon deal
AI
UK-based Google DeepMind workers vote to unionize over military AI contracts amid internal backlash over its Pentagon deal
By Beatrice NolanMay 5, 2026
Andreessen Horowitz’s crypto arm raises $2.2 billion for fifth venture fund, promotes CTO Lazzarin to general partner
Crypto
Andreessen Horowitz’s crypto arm raises $2.2 billion for fifth venture fund, promotes CTO Lazzarin to general partner
By Ben WeissMay 5, 2026
  • Chinese court rules firms can’t lay off workers on AI grounds
    AI
    Chinese court rules firms can’t lay off workers on AI grounds
    By Victor Swezey and BloombergMay 3, 2026
three men pose in a grocery store
Startups & Venture
Exclusive: AI grocery startup Vori raises $22 million to help independent retailers compete with Walmart and Amazon
By Lily Mae LazarusMay 5, 2026
A Solana token sits on top of several cash bills
Crypto
Solana firm Jito launches a consumer trading app months after raising $50 million
By Jack KubinecMay 5, 2026
Nova's founders, Prof. Dr. Alexander Zeier, Emma Qian, Sam Yang, smile
AI
Exclusive: Nova Intelligence raises $31.5 million to bring agentic AI to SAP’s $89 billion migration wave
By Lily Mae LazarusMay 5, 2026
Exclusive: Kraken to let customers cash out crypto at MoneyGram locations in more than 100 countries
Crypto
Exclusive: Kraken to let customers cash out crypto at MoneyGram locations in more than 100 countries
By Ben WeissMay 5, 2026
Sequoia-backed Astrocade raises $56 million to let everyone build games
Newsletters
Sequoia-backed Astrocade raises $56 million to let everyone build games
By Allie GarfinkleMay 5, 2026
President Donald Trump in Washington, D.C. on May 4, 2026. (Photo: Kent Nishimura/AFP/Getty Images)
Newsletters
Trump may seek to review AI models before launch
By Andrew NuscaMay 5, 2026
Supermicro’s earnings call today takes place amid a probe that could be ‘fatal’ for the company
Big Tech
Supermicro’s earnings call today takes place amid a probe that could be ‘fatal’ for the company
By Jim EdwardsMay 5, 2026
Man in a suit with glasses
Big Tech
Supermicro’s co-founder allegedly smuggled $2.5 billion in Nvidia-chipped servers to China—now the whole company is under the microscope
By Amanda GerutMay 5, 2026
yann lecun
AI
An AI ‘godfather’ says CEOs hyping job loss are ‘extremely destructive’—and your kids are paying the price
By Jake AngeloMay 5, 2026
China stopped issuing new robotaxi licenses over a glitch. America can’t stop them from rolling into active shooter situations
Law
China stopped issuing new robotaxi licenses over a glitch. America can’t stop them from rolling into active shooter situations
By Catherina GioinoMay 4, 2026
David Sacks
Economy
Trump’s former AI czar says the quiet part out loud on the economy: ‘Stopping progress in AI would be equivalent to halting the U.S. economy’
By Tristan BoveMay 4, 2026
A farmer in a field plowing with a horse
Economy
BofA throws cold water on AI apocalypse panic: 60% of today’s jobs didn’t exist in 1940
By Nick LichtenbergMay 4, 2026
doctor
AI
A Harvard study just found AI can now out-diagnose physicians in the ER: ‘We’re already at the ceiling’
By Jake AngeloMay 4, 2026
dario
AI
Anthropic takes shot at consulting industry in joint venture with Wall Street giants
By Nick LichtenbergMay 4, 2026
Frustrated job seeker on laptop
Newsletters
Nearly 4 in 10 job candidates have bailed on a hiring round because it required an AI interview
By Emma BurleighMay 4, 2026
VC firm Ethereal has avoided the spotlight for 5 years—now it’s telling its story
Newsletters
VC firm Ethereal has avoided the spotlight for 5 years—now it’s telling its story
By Jeff John RobertsMay 4, 2026
The eBay logo with a mobile phone in 2025. (Photo: Klaudia Radecka/NurPhoto/Getty Images)
Newsletters
GameStop makes an unsolicited $56 billion offer for eBay
By Andrew NuscaMay 4, 2026
Alphabet CEO Sundar Pichai in San Francisco, on Wednesday, June 4, 2025. (Photo: David Paul Morris/Bloomberg/Getty Images)
Politics
Inside Google’s quiet internal war against its own anti-military activist employees
By Jim EdwardsMay 4, 2026
Google CEO Sundar Pichai
AI
Employee revolt once forced Google to back off on military contracts. But, in the wake of a new Pentagon AI contract, their leverage appears limited
By Beatrice NolanMay 4, 2026
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Law
Texas businessman gets 13 years in federal prison as feds seize his Lamborghinis, Ferraris, Firebird, and dozens more cars to pay back fraud victimsplaceholder alt text
By Catherina GioinoOctober 5, 2026
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Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida propertiesplaceholder alt text
By Catherina GioinoOctober 6, 2026
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Retired Warren Buffett now spends his evenings glued to YouTube—watching Glenn Close clips, 1950s commercials, and Uzbekistani talent showsplaceholder alt text
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