AI’s productivity boom will likely create a ‘winner-takes-all’ economy, top EY economist warns

Despite promises…

U.S. energy secretary Chris Wright’s oil numbers don’t add up

ONE BIG THING Wh…

Bond market in open revolt as Trump declines Iranian peace deal and oil hits $92 a barrel

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Fortune

Three staff memb…

Apple to launch $2,000-plus foldable ‘iPhone Ultra’ in early September: report

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The Iranians have Trump right where they want him and suggest he seek ‘a dignified exit’

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Anthropic’s annual revenue run rate reportedly hits $65 billion

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Trump sued over ‘selling priority access to news he himself generates for the benefit of a private company he controls’

President Donald…

Anthropic plans $2 trillion IPO in October—the largest ever—that will eclipse SpaceX

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‘An unattractive deal with Iran is the best of limited bad options’ to get oil flowing again

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‘Harvest now, decrypt later’: Hackers steal data they can’t read—banking on quantum to crack it

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Iran calls for ‘full-scale war’ but there’s a peace proposal that might reopen the Strait of Hormuz

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Google posted biggest quarterly profit ever—$112 billion—and Wall Street is punishing it

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DeepMind’s Demis Hassabis was everywhere—except the office

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A deal with Iran on the Strait of Hormuz—with a truckload of caveats—could come as soon as today

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Sam Altman’s OpenAI publishes brutal critique of Apple lawsuit: ‘Apple is getting this wrong’

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Insiders knew AI models would escape the lab and wreak havoc, former OpenAI board member confesses

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CXMT: China’s chipmakers trigger bloodbath in global tech stocks

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Stocks rise globally on hopes of peace talks with Iran—but the Fed may deliver a shock

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Trump weighs ‘massive attack’ on Iran as Tehran’s chokehold on oil gets tighter

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OpenAI: World stunned by model that secretly escaped secure environment, hacked into Hugging Face

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Glover hired as editor of Scottish Financial News – Daily Business

John Glover: fre…