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OpenAI's Stratospheric Valuation Draws Investor Scrutiny As It Scrambles To Capture Enterprise Market
OpenAI's Stratospheric Valuation Draws Investor Scrutiny As It Scrambles To Capture Enterprise Market
OpenAI, fresh off the largest private fundraising round in history, is facing mounting questions from some of its own backers over its $852 billion valuation and a whiplash-inducing pivot in strategy that prioritizes the higher-margin enterprise market at the expense of its consumer crown jewel - all because Anthropic is starting to drink their milkshake with enterprise contracts.
The company raised $122 billion last month from Silicon Valley and global capital - including SoftBank, Amazon, Nvidia, Andreessen Horowitz, Sequoia Capital and Thrive...
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Aug 14, 2026 / Tyler Durden
Russia Admits Renewed Petrol Shortages After Recently Claiming Situation Was Stabilized
Russia Admits Renewed Petrol Shortages After Recently Claiming Situation Was Stabilized
Russia has shut down one major refinery at Orsk, around 800 miles from the front line, for six months after it came under drone attack this week. It has also suffered more terminal outages due to continued attacks on a vital Black Sea energy port.
"Crude oil exports from Russia's Sheskharis terminal at the Black Sea port of Novorossiysk were suspended on Friday following a drone attack, three sources familiar with the matter said, adding to disruptions at one of...
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Sep 9, 2026 / Tyler Durden
US Students Still Behind Much Of The World In Math And Reading: Global Assessment
US Students Still Behind Much Of The World In Math And Reading: Global Assessment
Authored by Aaron Gifford via The Epoch Times,
Results from a recent global assessment indicate that reading scores for American high school students have dropped over the past three years, while math and science performance still falls behind their peers in several other developed countries.
The Program for International Student Assessment (PISA), which tests 15-year-olds in math, science, and reading proficiency as metrics for college and career readiness, conducted its last tests in 2025.
The initial findings, released on...
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Aug 16, 2026 / Tyler Durden
'Delusional': Iran Fires Back At Trump's Make 'Hormuz Strait A Territory Of The US' Ambitions
'Delusional': Iran Fires Back At Trump's Make 'Hormuz Strait A Territory Of The US' Ambitions
Predictably, Iran has on Saturday issued a full-throated rejection of President Trump's Friday evening words related to the status on the conflict and energy transit in the region.
In a speech on New York's Long Island, Trump introduced the idea of declaring the Strait of Hormuz a US territory. "After we finish defeating Iran, which is being very badly defeated — pretty soon, I'll be declaring the Hormuz Strait a territory of the United States," Trump...
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