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The Briefing

What OpenAI Saw That Anthropic Didn’t

By Martin Peers · Mar 1, 2026 3:00pm PST
Before we get to the scheduled events for this coming week—Mobile World Congress in Barcelona, starring SpaceX, as well as Apple’s master class in hyping product releases—we should acknowledge just how much of a turn the AI debate has taken from humdrum concerns about spending. Friday night’s decision by the Trump administration to declare war... Before we get to the scheduled events for this coming week—Mobile World Congress in Barcelona,...
Block CEO Jack Dorsey. Getty Images.
The Briefing

Jack Dorsey Proves AI Job Cut Fears Are True; Ellisons Win Warner

By Martin Peers · Feb 26, 2026 5:00pm PST · 1 comment
Jack Dorsey has been many things in his career, including social media pioneer and crypto advocate. Now he’s the grim reaper of AI. Dorsey on Thursday revealed he will lay off 40% of the employees, or about 4,000 people, at his fintech firm, Block. The reason? AI. “The core thesis is simple,” he explained in a shareholder letter. “Intelligence... Jack Dorsey has been many things in his career, including social media pioneer and crypto...
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Deep Research

From Vision to Constraints: The Lessons of OpenAI’s Stargate Buildout

By The Information Staff · Feb 25, 2026 1:49pm PST · 1 comment
OpenAI’s ambitions to build some of the world’s largest AI data centers have evolved significantly over the past two years, offering a revealing look at how difficult it is to translate demand for compute into physical infrastructure. Shifts in partners, scope and timelines highlight the financial and operational trade-offs that come with... OpenAI’s ambitions to build some of the world’s largest AI data centers have evolved...
CoinDesk CEO Kevin Worth. Photo by Bloomberg via Getty.
Crypto Global

CoinDesk Revenue Slowed Before Sale to Bullish

By Aidan Ryan · Nov 29, 2023 10:34am PST
Barry Silbert’s Digital Currency Group announced last week that it sold its crypto news subsidiary CoinDesk to the crypto exchange Bullish. Silbert said in a tweet that the sale made CoinDesk, which DCG bought for $500,000 in 2016, “one of our best investments of all time,” but the sale price was not disclosed and could not be learned.What is... Barry Silbert’s Digital Currency Group announced last week that it sold its crypto news...
Binance CEO Changpeng Zhao leaves the U.S. District Court on Nov. 21 in Seattle. Photo by David Ryder/Getty.
Crypto Global

One Binance Saga Comes to a Close

By Aidan Ryan · Nov 22, 2023 9:15am PST · 2 comments
Just when it felt like crypto could coast into Thanksgiving with OpenAI drama dominating headlines, U.S. officials barged in with a settlement in long-running investigations into Binance.The deal is on one hand a seismic shift for the world’s biggest crypto exchange. (You can view our updated Binance org chart here.) Its founder Changpeng Zhao... Just when it felt like crypto could coast into Thanksgiving with OpenAI drama dominating...
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Crypto Global

Another Fintech Drops Crypto

By Aidan Ryan · Nov 15, 2023 9:06am PST
Crypto prices have been creeping up over the past month, fueling hope that the crypto winter could be thawing. But some trading and investing apps have already thrown in the towel. I reported earlier this week that Stash, an app that offers stock, ETF and crypto trading, is pulling the plug on its crypto trading service in December. The... Crypto prices have been creeping up over the past month, fueling hope that the crypto winter...