The story behind our private members club.
Plus: Bezos raised $12 billion for industrial AI, KKR is building a $10 billion infrastructure company with Nvidia, and some New Yorkers are living with nuns.
Plus: Trump says he loves inflation, brides are hiring witches, and Middle Eastern sovereign funds are lining up for SpaceX
Plus: PE’s $35 billion AI infrastructure bet, Goldman rejecting over 99% of applicants, and banks quietly gutting their junior ranks.
Plus: A Goldman employee lost her job over a TikTok page, OpenAI is finally going public, and SBF is angling for a pardon.
Plus: Strong jobs data killed rate-cut hopes, Anthropic is warning about self-improving AI, and both Citadel and Point72 are now paying rivals for trade ideas.
Plus: Dimon is personally pitching SpaceX, Goldman is putting rockets in its lobby, and Blackstone capped withdrawals on its flagship private credit fund
Plus: Anthropic picks GS and Morgan Stanley to lead IPO, DeepSeek raising at $52B valuation, Broadcom plunges after earnings and PE stocks sold off on withdrawal cap fears.
Plus: Princeton walked back its divestment pledge, OpenAI is coming for Wall Street's workflows, and Victoria's Secret just had its best day in years.
Plus: Alphabet needs $80 billion to keep up in AI, Barry Diller wants to take MGM private, and a room full of billionaire heirs is paying to find meaning.
Plus: UBS still doing Credit Suisse-related job cuts, Americans fall behind on credit card bills, and Jefferies sued for a water bond fraud.
Plus: Anthropic surpasses OpenAI valuation, Microsoft's AI chief is giving white-collar work 18 months, and Goldman is heading for record dealmaking.
