Business Archive

Zuckerberg’s 2025 AI spending spree now includes snagging Manus and autonomous bots that turn “advanced AI capabilities into scalable, reliable systems that can carry out end-to-end work in real-world settings.”

CNBC reports Nvidia isn’t buying all of Groq, which has inference AI tech that IBM’s CEO recently told us “looks like it’ll be 10x cheaper” than GPUs.

I don’t know what “AX, the financial industry’s first centralized exchange for perpetual futures on traditional asset classes,” is, but I do recognize Harrison.

The new offer has a personal guarantee from Larry Ellison. WBD says it will now review it.

Last week, we talked about how Warner Bros. — quite reasonably! — had some agita about David Ellison’s bid for the company. Well, what do you know, David’s daddy is going to personally guarantee the offer. Also, since the last time we talked, Jared Kushner backed out of the nepo baby bid.

The administration’s top AI adviser championed Trump’s executive order preempting states from regulating the industry, but alienated everyone from kids’ safety groups to Marjorie Taylor Greene. Insiders worry that the Musk-aligned investor doesn’t understand how Washington works.

Bari Weiss killed a 60 Minutes story on CECOT, the El Salvador prison where the Trump administration has been deporting people. A senior correspondent noted that the story had been cleared by Standards and Practices, as well as the company’s lawyers, calling the decision “political.”

Good grief, is the Peanuts franchise really worth $457 million in 2025?

He’s withdrawn financial backing from the bid, which may leave it floundering, and the Warner Bros. board has recommended shareholders reject the hostile offer. It looks like everyone involved is beginning to realize what The Verge’s own Liz Lopatto pointed out yesterday: “What Paramount is doing doesn’t make any fucking sense.”