Plus: Trump wants a "STRONG AND SMART" president as the only AI guardrail, private credit defaults just hit a new record, and boom-era PE funds are starting to miss their promises.
Plus: Leaders of three of the biggest AI companies agree they need to slow development, Blackstone is being sued over rent-stabilized apartments, Apollo is eyeing a $20 billion J&J deal.
Plus: OpenAI targets work of Wall Street junior bankers, Bending Spoons acquires Miro for $1.36 billion, and the little-known UAE investor betting big on Musk.
Plus: Anthropic researcher says AI has >10% chance of ‘killing all humans’ after colleague quits, Bay Area AI workers don't know how to spend their money, and Harvey just raised at $15.5 billion.
Plus: Millennium is closing in on $100 billion, Trump admin wants to lift PE bribery guardrails, and Apollo's portfolio companies pay a premium to borrow.
Plus: Hunter Biden is launching a meme coin, women drove nearly all of August's job gains, and Anthropic is closing in on a $2 trillion IPO.
Plus: Stock market bubble, the curse of knowledge, and crypto sentiment.
Plus: Nvidia is buying Hugging Face, Blackstone is rationing redemptions for the second time, and Bitcoin crossed $80,000.
Plus: David protein bars valued at $2.25 billion, Uber laid off 3,300 people, and Tim Cook will be paid $47 million for exec chair role.
Plus: GoPro surged 40% after pivoting to AI data centers, banks pushback on legal fees, and the man behind "Rich Dad Poor Dad" is $1.2 billion in the hole.
Plus: LIV Golf is heading toward bankruptcy, HSBC is cutting senior bankers at crisis-era levels, and job interviews now include proving you're not a North Korean deepfake
Plus: The incredible global birth crash, where AI edge really lies, and talent vs luck.
