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Business

Latest Business news from around the world

Russia is 'betting primarily' on jet-powered Shahed drones, pivoting from older models: Ukraine's navy
Business

Russia is 'betting primarily' on jet-powered Shahed drones, pivoting from older models: Ukraine's navy

Russia is "betting primarily" on jet-powered drones while reducing the number of conventional drones used, said the navy spokesperson.

Matthew Loh · 04 Aug, 2026
15 attorneys general have instructed OpenAI to preserve all materials related to the Hugging Face hack
Business

15 attorneys general have instructed OpenAI to preserve all materials related to the Hugging Face hack

They wrote in a letter that OpenAI is either unable or unwilling to ensure the safety of its products, posing a risk of substantial harm to Americans.

Aditi Bharade · 04 Aug, 2026
Japan turned a 118-year-old prison into a luxury hotel where guests sleep in converted cells
Business

Japan turned a 118-year-old prison into a luxury hotel where guests sleep in converted cells

The former prison also served as a filming location for the second season of Netflix's Japanese series "Alice in Borderland."

Matthew Loh,Amanda Goh · 04 Aug, 2026
The next step in AI cost saving: treating frontier models like expensive consultants
Business

The next step in AI cost saving: treating frontier models like expensive consultants

Letting frontier models do the complex thinking and planning, and none of the execution, is the key to saving on your AI budgets.

Aditi Bharade · 04 Aug, 2026
'Great grass': Trump plugs Scotts Miracle-Gro, a company that he says did the White House a favor
Business

'Great grass': Trump plugs Scotts Miracle-Gro, a company that he says did the White House a favor

Trump endorsed Scotts Miracle-Gro from Oval Office, saying it replaced White House lawn for free, raising ethics concerns.

Kelsey Vlamis · 04 Aug, 2026
Palantir CEO Alex Karp says frontier AI labs think they 'deserve to colonize your enterprise’
Business

Palantir CEO Alex Karp says frontier AI labs think they 'deserve to colonize your enterprise’

Palantir CEO Alex Karp and other executives linked the company's Q2 growth to enterprises seeking sovereign AI or control over their data.

Lloyd Lee · 04 Aug, 2026
The creator of Walmart's vibe-coding tool Code Puppy is leaving for AI startup Pydantic
Business

The creator of Walmart's vibe-coding tool Code Puppy is leaving for AI startup Pydantic

The creator of Walmart's internal vibe-coding tool is leaving for AI start-up Pydantic. Code Puppy lets workers code their own software tools.

Dominick Reuter · 03 Aug, 2026
Hugging Face CEO says China is winning the AI race while the US is building 'in silos'
Business

Hugging Face CEO says China is winning the AI race while the US is building 'in silos'

Clément Delangue said the Hugging Face hack showed that open-weight models are vital for AI defense.

Katherine Li · 03 Aug, 2026
OpenAI hosted influencers at a luxury retreat with beekeeping. The internet backlash was swift.
Business

OpenAI hosted influencers at a luxury retreat with beekeeping. The internet backlash was swift.

Over the weekend, influencers posted optimistic videos of AI after attending an OpenAI-led content creator retreat.

Ben Shimkus · 03 Aug, 2026
How Jake Paul plans to use his social clout to take on the UFC
Business

How Jake Paul plans to use his social clout to take on the UFC

Jake Paul is combining his promotions company with the Professional Fighters League. Analysts say it'll be tough to match the UFC's advantages in MMA.

Lucia Moses · 03 Aug, 2026
The 15 movies with the largest opening weekends of all time
Business

The 15 movies with the largest opening weekends of all time

"Spider-Man: Brand New Day" officially has the largest domestic opening weekend of all time. See what other movies made the top 15.

Jason Guerrasio · 03 Aug, 2026
Trump's silly Reflecting Pool story masks something serious
Business

Trump's silly Reflecting Pool story masks something serious

We are very used to Donald Trump saying things that aren't true. This is something different.

Peter Kafka · 03 Aug, 2026