🤑 Not bad: While the tech industry wasn't confident CoreWeave would have a successful IPO, it definitely paid off for the company — especially for its co-founder and CEO, Michael Intrator. Intrator's net worth has skyrocketed to a cool $10 billion, yes, billion with a "B," since the company's IPO in March.
👀 Sliding into his DMs: Jeff Bezos knows how to spot an opportunity. He's reportedly been cozying up to President Donald Trump after Trump and Elon Musk's crash-out earlier this month. Bezos reportedly has Blue Origin government contracts on his mind.
🛋️ Phew: Recent headlines would make it seem like many people are entering into companionships with AI bots, for better … or for worse. However, the actual percentage of people doing that is pretty low. For Anthropic's Claude chat bot, people seek out emotional support and personal advice only 2.9% of the time.
🔒 Stay vigilant: U.S. Homeland Security issued a bulletin that it expects to see Iranian government-backed cyberattacks against U.S. networks amid the ongoing geopolitical struggles. Iran is known for its offensive cyber capabilities.
☹️ Rivian layoffs: Electric vehicle company Rivian laid off 140 people, roughly 1% of the company, as Rivian gears up to launch its new R2 SUV in 2026. The cuts were mainly made to the manufacturing team in an effort to improve operational efficiency, the company said.
