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 โkilling all humansโ 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: Citadel just had its best quarter ever, Advent and Stripe walked away from a $50 billion PayPal deal, and Drake's streetwear brand is now owned by a private equity-backed IP firm.
Plus: Nvidia added $400 billion in a day, Apollo bought a private jet business from KKR, and Zoom's Anthropic bet quietly grew to $3 billion.
Plus: A backflipping robot stock surged 600% in its market debut, national debt crossed $40 trillion, and Honey Deuce prices are not increasing this year.
Plus: Google bought bankrupt Spirit Airlines' emails for $10 million, UC offloaded PE stakes at a discount, and 25,000 New Yorkers are waiting to get their bodies scanned.
Plus: a16z under DOJ investigation, General Atlantic is going public, and Nvidia is backing a $105 billion data center in Ohio.
Plus: Anthropic is heading toward a $2 trillion IPO valuation, potentially the largest software buyout in history, and a hedge fund divorce just became a $6 billion negotiation.
Plus: Africa is having a record funding year, Goldman buys ETF provider for $2.3B and Alex Cooper raises at a $500M valuation.