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subtl daily briefing
Good morning. The AI industry's internal tensions spilled into public view this week as OpenAI accused Anthropic of overstating its revenue by a staggering $8 billion — right as a 20-year-old threw a Molotov cocktail at Sam Altman's home. Meanwhile, public software companies are down 50% from their peaks, Hollywood is fighting a $111B mega-merger, and Chainlink is quietly solving Wall Street's settlement mess. Let's get into it.
In today's briefing
- 1.OpenAI vs. Anthropic: The $8B Revenue Dispute
- 2.Violence Against AI Execs Puts Spotlight on Rhetoric
- 3.Public SaaS Stocks Down 50% From Peaks
- 4.Hollywood Fights Paramount's $111B Warner Bros Deal
- 5.Chainlink Targets Wall Street's $58B Settlement Problem
- ⚡Quick hits on other news
Latest Developments
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Everything else in the news today
Tether launched its own self-custody crypto wallet, expanding beyond its stablecoin roots into direct consumer product territory→
World Liberty Financial (the Trump family-backed DeFi project) is facing new scrutiny over conflicts of interest and governance structure→
Cursor launched Parallel Agents, allowing developers to run multiple AI coding agents simultaneously on different parts of a codebase→
Lovable added native payments functionality, enabling builders to monetize AI-generated apps directly within the platform→
OpenAI's Codex agent now supports web browsing, bringing it closer to a fully autonomous software development assistant→
Google is reportedly building a Cowork competitor, entering the collaborative workspace software market→
GitHub launched Stacked PRs natively, a long-requested feature that lets developers chain pull requests for incremental code review→
Morgan Stanley is expanding its Web3 and digital asset offerings as Bitcoin slides from recent highs→
CPUID (makers of CPU-Z) suffered a supply chain attack, with malicious versions of the tool being distributed to users→
Little Snitch, the popular macOS network monitor, announced a Linux version is in development→
Rockstar Games was reportedly hacked again, following its high-profile GTA VI source code breach in 2022→
A critical GPU security vulnerability was disclosed that breaks isolation between processes, with implications for shared cloud AI workloads→
A leaked OpenAI internal memo circulated online, with Meta reportedly surpassing Google in some AI benchmark comparisons→
The US began a naval blockade of Iranian ships in the Strait of Hormuz — markets initially shrugged, then rallied on Trump's claims that Iran is seeking a peace deal→
Adobe previewed 'Indigo,' a new AI-native photo editing app designed specifically for the iPad→