Elon Musk warned more than 200 AI cloud companies are headed for mass failure

The public internet model is effectively dead due to saturation, algorithmic aggregators, and AI security vulnerabilities, and that may open new possibilities (Ben Thompson/Stratechery)

It was the summer of 2003, just weeks before I was set to move to Taiwan, that I decided to create a blog to document my journey.

• Public internet model dying due to saturation and AI security vulnerabilities
• Algorithmic aggregators and social media as new discovery mechanisms
• Subscription-based model emerging as alternative to free distribution

4h ago ·stratechery.com

Meta launches $35 billion stock offering to fund AI expansion

Meta launched public offerings of about $35 billion in common stock and convertible preferred stock, as it seeks to finance its costly AI expansion.

4h ago ·cnbc.com

Chargebacks911 launches AI agent to protect merchants from chargeback risks associated with agentic

Chargebacks911, a global leader in dispute resolution and chargeback management, has launched a first-of-its-kind AI agent purchase indemnification solution designed to protect merchants from the…

4h ago ·finextra.com

Meta plans to raise $95B to finance its AI infrastructure, including $35B in public equity offerings, backed by cornerstone investors Nvidia, AMD, and Broadcom (Tim Bradshaw/Financial Times)

Chipmakers Nvidia, AMD and Broadcom will act as cornerstone investors — Meta is planning to raise $95bn …

4h ago ·ft.com