For those of us shaking our heads over the Carney/Smith deal, this seems relevant and… not terrible? https://www.readtheline.ca/p/ken-boessenkool-carney-and-smith
Yes, I know Carbon Capture is not actually useful (unless something changed?)
Yes, I know they'…
OpenAI takes a stake in Thrive Capital's Thrive Holdings and plans to embed AI agents in its companies, which already includes an accounting and IT business (Michael J. de la Merced/New York Times)
https://www.nytimes.com/2025/12/01/business/dealbook/o…
Luma AI opens its first international office in London and appoints former WPP and Monks executive Jason Day to lead its global expansion outside the US (Georg Szalai/The Hollywood Reporter)
https://www.hollywoodreporter.com/business
DHS begins slashing FEMA disaster response staff as 2026 begins https://ground.news/article/dhs-begins-slashing-fema-disaster-response-staff-as-2026-begins
China's desire to lead in cutting-edge AI is bumping against its aim to control it; Zhipu warned IPO investors about the burden of complying with 6 AI rules (New York Times)
https://www.nytimes.com/2026/02/02/business/china-ai-regulations.html
Disney says ESPN is valued at ~$30B and the NFL's 10% equity stake in ESPN valued at ~$3B; Disney has the right to buy back NFL's stake in 2034, per a filing (Alex Weprin/The Hollywood Reporter)
https://www.hollywoodreporter.com/business
Brookfield is launching a cloud company called Radiant and a new $10B AI fund, and plans to acquire up to $100B in land, data centers, and power assets for AI (Miles Kruppa/The Information)
https://www.theinformation.com/articles/brookfield-start-cloud-b…
Jay Yarow, who previously led digital strategy at CNBC and Business Insider, is named president of CoinDesk Insights, the media and events division of Bullish (Aoyon Ashraf/CoinDesk)
https://www.coindesk.com/business/2025/12/01/cn…
xAI launches Grok Business, priced at $30 per seat/month, for SMBs, and Grok Enterprise, whose price is not listed publicly, for larger organizations (Carl Franzen/VentureBeat)
https://venturebeat.com/ai/musks-xai-launches-grok-business-a…
How Google Cloud has become one of Alphabet's fastest-growing businesses under Thomas Kurian, driven by investments in AI, data centers, custom chips, and more (Kenrick Cai/Reuters)
https://www.reuters.com/business/ai-turned-googl…