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Fragment raises $12 million to help keep AI agents from going rogue with company money
NewsOctober 23, 20263 min read

Fragment raises $12 million to help keep AI agents from going rogue with company money

Keeping the books straight is a business headache. As companies turn to AI to automate routine financial tasks, they face a new worry: whether they can trust bots with company…

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An early Anthropic backer predicts a post-IPO valuation of up to $2.4 trillion, topping SpaceX
NewsOctober 23, 20264 min read

An early Anthropic backer predicts a post-IPO valuation of up to $2.4 trillion, topping SpaceX

While most of the business world and business press is waiting on pins and needles for Anthropic to drop its S-1, perhaps no elite group is more fired up than…

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‘American dream will continue to exist’: Warren Buffett’s successor is betting big on U.S. housing
NewsOctober 23, 20264 min read

‘American dream will continue to exist’: Warren Buffett’s successor is betting big on U.S. housing

Berkshire Hathaway is doubling down on U.S. homebuilders, even as the housing market struggles to find its footing. Recommended Video Since Greg Abel succeeded Warren Buffett as CEO on Jan.…

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Airbnb CEO Brian Chesky says he writes just one email a week, if that—because it’s ‘inferior’ to just texting staff and ‘feels like work’
NewsOctober 23, 20264 min read

Airbnb CEO Brian Chesky says he writes just one email a week, if that—because it’s ‘inferior’ to just texting staff and ‘feels like work’

Most bosses drown in their inbox—waking up at 5 a.m. to get a head start on the never-ending stream of messages. But Airbnb CEO Brian Chesky can barely remember the…

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What is it like running a Fortune 500 business? HP’s regional CTO on adopting AI safely and motivating tech teams
NewsOctober 23, 20265 min read

What is it like running a Fortune 500 business? HP’s regional CTO on adopting AI safely and motivating tech teams

Over the past two decades, HP has slowly slipped down the Fortune 500 rankings. In 2006, HP sat 11th on Fortune’s list of the largest companies in the U.S. by…

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At Singapore launch, Anthropic defends its oversight of how customers use its model, citing AI’s ‘dual use’ risks
NewsOctober 23, 20264 min read

At Singapore launch, Anthropic defends its oversight of how customers use its model, citing AI’s ‘dual use’ risks

Anthropic is unwilling to relinquish all oversight of how customers use its most powerful AI models, citing the “dual use” nature of the technology, co-founder Benjamin Mann said Wednesday. Recommended…

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Exclusive: Honeywell Technologies launches a ‘brain behind the building’ with Nvidia and Dell. Its CTO says humans will run it for now
NewsOctober 23, 20268 min read

Exclusive: Honeywell Technologies launches a ‘brain behind the building’ with Nvidia and Dell. Its CTO says humans will run it for now

Honeywell Technologies’ new AI platform can run in three modes: manual, semi-autonomous and autonomous. The company’s chief technology officer hasn’t switched on the third. Recommended Video “We have not opened…

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Suddenly, Wall Street is worried that the U.S. economy is more ‘vulnerable’ than it looks
NewsOctober 23, 20265 min read

Suddenly, Wall Street is worried that the U.S. economy is more ‘vulnerable’ than it looks

Bespoke Investment Group spotted something it did not like in the most recent National Federation of Independent Business survey this week: that small businesses increasingly report their “number one problem”…

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Netflix issues its biggest layoff in four years
NewsOctober 23, 20265 min read

Netflix issues its biggest layoff in four years

Good morning. Tech stocks are down again over worries about the ROI of AI. (I was so surprised! Were you surprised? I was surprised.) Concerns about overinvestment in the Great…

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Startup Abby Care raises $82 million to turn family members into paid caregivers
NewsOctober 23, 20267 min read

Startup Abby Care raises $82 million to turn family members into paid caregivers

As a kid, Havi Nguyen sometimes missed school to translate at doctor’s appointments, and was managing Medicaid paperwork for herself and her sisters, on behalf of their parents who’d immigrated…

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