Read carefully. Nothing justifies the $80B valuation of #Cursor (a code editor!) it's absolutely nonsense. #Musk could invest only $10M to produce an excellent code editor, better, and it was ready in 3 months.
INVESTMENT
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Public trust in AI fades as benefits perceived for elites only
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The public has lost trust in AI.
@IrenaCronin and I write this newsletter every week.
Public trust could become one of AI’s biggest challenges. People may push back if they think AI only helps big companies, wealthy investors, or government agencies. For AI to be -
OpenAI and Anthropic may never be profitable, but investors don’t care
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Between high costs, Chinese competition and the death of tokenmaxxing, OpenAI and Anthropic may well never be profitable in a sustained way — but the good news for them is that investors obviously don’t care about any of that anymore!
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DeepSeek’s $6 million claim misleading, excludes billions in prior costs
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The DeepSeek moment was extraordinary PR.
— Nina Schick (@NinaDSchick) 16 juin 2026
A claim that a frontier model was trained for $6 million wiped over $1 trillion from US tech markets overnight.
But the number is misleading.
The $6 million refers only to the final training run. It excludes the billions already… pic.twitter.com/OmMlqjdV2EThe DeepSeek moment was extraordinary PR. A claim that a frontier model was trained for $6 million wiped over $1 trillion from US tech markets overnight. But the number is misleading. The $6 million refers only to the final training run. It excludes the billions already
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Sora shows hype leads to number one but not profit
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7/ At the end of the day, Sora proved something the whole industry is about to face. Hype gets you to number one. It does not pay the compute bill. And the bill always comes. Source: OpenAI, with figures from Forbes, Cantor Fitzgerald, WSJ, and Appfigures.
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Disney licenses characters to OpenAI for Sora video generation
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4/ Then in December, Disney agreed to a deal worth around $1 billion. Mickey Mouse, Marvel, Pixar, Star Wars, all licensed for people to drop into Sora videos. An OpenAI exec called it a shift on the level of the end of silent film.
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$25,000 for sponsorships, do you doubt AI?
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This guy is paying $25k for referrals and you're still wondering what you could use an AI Agent for? https://t.co/Xh24XPtTOX
— AI Breakfast (@AiBreakfast) 16 juin 2026This guy pays $25,000 for referrals, and you're still wondering what an AI agent could do for you?
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Google unveils TimesFM, a zero-shot predictive AI
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GOOGLE HA LIBERADO EN SILENCIO UNA IA QUE PREDICE PATRONES
— Nico (@nicos_ai) 16 juin 2026
Ventas. Precios de mercado. Tráfico web.
Demanda energética. Volatilidad cripto.
Se llama TimesFM:
→ Entrenada con 100B de datos reales
→ Forecasting zero-shot, sin fine-tuning
→ Corre en local.
100% Gratis y Open… pic.twitter.com/shKaFPJuxhGOOGLE HAS QUIETLY RELEASED AN AI THAT PREDICTS PATTERNS Sales. Market prices. Web traffic.
Energy demand. Crypto volatility. It's called TimesFM: → Trained on 100B of real data
→ Zero-shot forecasting, no fine-tuning
→ Runs locally. 100%
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Labs may keep AGI internal to capture value
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If AGI is achievable & labs can be banned from using a model internally ONLY if they release the model publicly, the Big Three labs may decide it is better to capture all the value from AGI themselves by expansion & acquisition. Sharing AI access with other firms triggers risk.
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Cursor accounted for 40-50% of Anthropic revenue early on
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Holy, in its early days, Cursor accounted for roughly 40% to 50% of Anthropic's revenue. And Claude Code was just a reserach project. How quickly everything has changed.