A better way of thinking about the AI bubble 

People often think about tech bubbles in apocalyptic terms, but it doesn’t have to be as serious as all that. In economic terms, a bubble is a bet that turned out to be too big, leaving you with more supply than demand.   The upshot: It’s not all or nothing, and even good bets can turn … Read more

Consolidation begins to hit the carbon credit market

Carbon management startup Carbon Direct is buying another carbon credit startup, Pachama, the companies announced today. Pachama laid off around 20 employees this summer as voluntary carbon markets softened. The company had attracted investments from a range of prominent names, including Amazon’s Climate Pledge, Breakthrough Energy Ventures, Lowercarbon Capital, and several celebrity angel investors, including … Read more

Slow Ventures holds a ‘finishing school’ to help founders learn to be fancy

Slow Ventures hosted a three-hour “Etiquette Finishing School” this week, covering topics like the perfect handshake, public speaking, and office decorum. There was even a fashion show with models showing off different looks for different occasions, and then a closing lesson about caviar and wine. The San Francisco Standard reports that a few hundred founders … Read more

Washington Post confirms data breach linked to Oracle hacks

The Washington Post has said that it was one of the victims of a hacking campaign tied to Oracle’s suite of corporate software apps.   Reuters first reported the news on Friday, citing a statement from the newspaper that said it was affected “by the breach of the Oracle E-Business Suite platform.”  A spokesperson for the … Read more

OpenAI asked Trump administration to expand Chips Act tax credit to cover data centers

A recent letter from OpenAI reveals more details about how the company is hoping the federal government can support the company’s ambitious plans for data center construction. The letter — from OpenAI’s chief global affairs officer Chris Lehane and addressed to the White House’s director of science and technology policy Michael Kratsios — argued that … Read more

Is Wall Street losing faith in AI?

A rough week for tech stocks might signal a loss of investor confidence in artificial intelligence. The Wall Street Journal reports that the Nasdaq Composite Index was down 3% — making this its worst week since President Donald Trump announced his sweeping tariff plan in April. Tech companies that have otherwise performed well this year … Read more