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Tag: News and Trends

  • Amazon Is Working on Smart Glasses, Meta Ray-Ban Competitor | Entrepreneur

    According to a new report, Amazon is attempting to make a stronger mark in the smart glasses market, challenging industry leader Meta.

    Amazon is reportedly developing a pair of augmented reality (AR) glasses that overlay digital information on the physical world, enabling users to see and interact with both the physical environment and the virtual world. Sources told The Information that Amazon plans to release the AR glasses, internally called Jayhawk, to the public in late 2026 or early 2027.

    Related: Apple Is Reportedly Developing AI Smart Glasses to Compete with Meta and Google

    Consumers can use the glasses to navigate the real world while also getting notified about what’s happening on social media. They can play music on the glasses and take pictures. The glasses are expected to come with speakers, a microphone, and a camera. They also feature a full-color display embedded in a single lens.

    Amazon is also developing a second pair of AR glasses for internal use, to help its drivers deliver packages more quickly. The glasses could be used by the second quarter of next year, according to The Information‘s report.

    News of Amazon smart glasses for drivers first leaked in November. A Reuters report, citing five sources, stated that the glasses would feature a screen with navigation instructions to help drivers deliver packages to unfamiliar locations. For example, the glasses would instruct drivers to turn left or right after getting off an elevator, without them having to hold a GPS in their hands.

    The smart glasses would cut down the time and cost it takes to deliver packages. Amazon’s shipping costs have steadily increased over the years, climbing from $83.5 billion in 2022 to a new high of $89.5 billion in 2023, per Statista estimates.

    The glasses would also be based on the $299 Echo Frames that Amazon currently sells. The Echo Frames allow users to call, listen to music, and ask questions to Amazon’s Alexa assistant.

    Amazon Echo Frames with Alexa. Photo by Patrick T. Fallon / AFP

    Reuters estimated that Amazon drivers deliver more than 100 packages during a standard eight-hour shift. Amazon employs 390,000 drivers, according to Labor Notes.

    Related: She Sent a Cold Email to Meta Judging Its Ray-Bans. Now She Runs the Wearables Division.

    If Amazon does bring AR glasses to market, it would be in direct competition with Meta, which found unexpected success with its $329 Ray-Ban Meta glasses. Since their October 2023 debut, the Ray-Ban Meta glasses have sold more than two million pairs, and Meta expanded the line earlier this year to include the sportier, more expensive $399 Oakley Meta glasses.

    Both the Ray-Ban and Oakley frames allow users to talk to Meta’s AI voice assistant, listen to music, make calls, and take pictures and videos. The Oakley Meta glasses are waterproof and have a higher resolution camera.

    At Meta Connect last year, the company’s CEO, Mark Zuckerberg, previewed the next generation of augmented reality glasses that layer the physical world with holograms. He debuted a fully functioning prototype of the new glasses, called Orion, at the event, but stated that they weren’t ready to hit the market yet.

    Counterpoint Research shows that Meta had 73% of the global market share for smart glasses in the first half of the year, making it the industry leader.

    According to a new report, Amazon is attempting to make a stronger mark in the smart glasses market, challenging industry leader Meta.

    Amazon is reportedly developing a pair of augmented reality (AR) glasses that overlay digital information on the physical world, enabling users to see and interact with both the physical environment and the virtual world. Sources told The Information that Amazon plans to release the AR glasses, internally called Jayhawk, to the public in late 2026 or early 2027.

    Related: Apple Is Reportedly Developing AI Smart Glasses to Compete with Meta and Google

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  • Brian Chesky: AI-Impacted Workers Will Find Work With Airbnb | Entrepreneur

    AI could take over up to half of all entry-level, white-collar jobs within the next five years, Anthropic CEO Dario Amodei predicted earlier this year. But that just means more jobs will open up in other areas, says Airbnb’s CEO, namely in service and hospitality.

    At the Goldman Sachs Communacopia + Technology Conference on Tuesday, Airbnb CEO Brian Chesky said that hospitality and service jobs will likely be safe from AI for the next five to 10 years — and that people will come to Airbnb to find that work.

    “Services and hospitality are not going to be disrupted for quite a long time through AI,” Chesky said at the event. “I do think that a lot of what we’re doing with hosting, certainly over a 5- to 10-year period, [will] still be people-driven.”

    Chesky said that the reason hospitality and service jobs will be safe from AI displacement is that people still want a human touch for some experiences.

    Related: Airbnb’s CEO Says He Personally Manages 40 to 50 Employees as Direct Reports: ‘A Lot of Work’

    Airbnb CEO Brian Chesky. Photo by Gerald Matzka/Getty Images for Airbnb

    “When people go to Bordeaux and they drink a bottle of wine, I don’t think they want that to be an AI-driven experience,” Chesky said. He added that if someone vacationed at Lake Como in Italy, they wouldn’t want “a robot answering the door for them.”

    In addition to Anthropic’s Amodei, other AI experts have warned that widespread joblessness could result from the technology. Earlier this month, University of Louisville Computer Science Professor Roman Yampolskiy predicted that AI would take over 99% of all jobs, from computer work to physical labor. The only roles left will be those that humans prefer other humans to do for them, he said.

    “I hope that if AI displaces a lot of jobs, I hope [Airbnb] could be a place for at least some of those jobs to expand to,” Chesky said. “And I think a lot of people are going to come to us.”

    Still, that doesn’t mean Airbnb isn’t using AI to improve its offerings.

    Chesky stated in an earnings call in August that the company is using AI to assist with customer service and handling tasks, such as canceling reservations.

    Related: Airbnb Just Made a Big Change to Its Payment Policy. Here’s What to Know.

    Airbnb remains a popular option for vacation rentals. According to its second-quarter earnings report last month, revenue was $3.1 billion, a 13% increase from the previous year. According to the company, Airbnb had more than five million hosts and two billion guest check-ins from the time the platform launched in 2007.

    In May, Airbnb announced that it was moving beyond rentals and incorporating new services, like photography packages and private chefs, into its platform in a quest to be the “everything app.”

    AI could take over up to half of all entry-level, white-collar jobs within the next five years, Anthropic CEO Dario Amodei predicted earlier this year. But that just means more jobs will open up in other areas, says Airbnb’s CEO, namely in service and hospitality.

    At the Goldman Sachs Communacopia + Technology Conference on Tuesday, Airbnb CEO Brian Chesky said that hospitality and service jobs will likely be safe from AI for the next five to 10 years — and that people will come to Airbnb to find that work.

    “Services and hospitality are not going to be disrupted for quite a long time through AI,” Chesky said at the event. “I do think that a lot of what we’re doing with hosting, certainly over a 5- to 10-year period, [will] still be people-driven.”

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  • What Every Small-Business Founder Needs to Know About Stablecoins and Digital Dollars | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    My first exposure to stablecoins was mundane: a client selling digital courses asked if accepting USD-pegged tokens would cut card fees. Two years later, the question is everywhere I speak. Talk of “central-bank digital currencies” and government-blessed stablecoins has moved from policy circles to checkout pages, and entrepreneurs want a clear roadmap.

    Below is a founder-focused guide: what stablecoins are, why governments care and how early adopters can turn uncertainty into an operating edge.

    Stablecoins in plain English

    A stablecoin is a digital token engineered to hold a one-to-one value with a reference asset, usually a national currency. Private issuers such as USDC and USDT hold dollar reserves or short-term Treasuries to keep the peg.

    The next wave is public: the U.S. Treasury is drafting a supervisory framework, the European Central Bank is testing a digital euro and Singapore’s Monetary Authority has completed Project Orchid pilots. Unlike volatile cryptocurrencies, the target price of a stablecoin stays flat; the upside for a merchant is lower friction at the point of sale, not capital gains.

    Related: The Hidden Problems That Could Threaten Crypto’s Future

    Why governments are getting involved

    Regulators see two goals. First, faster settlement removes plumbing risks that surfaced when regional U.S. banks failed in 2023. Second, programmable money can embed compliance (tax withholding, sanctions screening) directly in the payment rail.

    Policymakers believe that if official channels offer the same speed as private tokens, illicit or unstable alternatives lose appeal. For founders, this means the rails will mature under clear rules rather than live in gray zones.

    Related: What You Need to Know About the Future of Blockchain Finance

    Global momentum you can’t ignore

    In the United States, the Financial Stability Oversight Council has asked Congress for clear stablecoin legislation and the Treasury for formal guardrails, while Visa now settles some treasury transactions in near real time with USDC on Solana.

    Across the Atlantic, the European Central Bank has advanced its digital-euro project into a preparation phase and set aside funds to build prototypes with commercial banks.

    In Asia, Singapore’s Project Orchid finished a programmable-voucher trial that proved smart contracts can restrict a coin’s spending to approved merchants. All three efforts aim to reduce cross-border payment friction, a daily pain point for small businesses that buy from overseas suppliers or sell to global customers.

    What’s in it for founders right now

    Stablecoins promise lower fees because card interchange charges of 1.5% to 3% can fall to network-gas pennies, a shift that saves about twenty thousand dollars on two million in annual sales. They further provide immediate settlement, which reduces the cash conversion days to minutes and relieves the short-term credit requirement.

    Their universal access does not rely on the correspondent banks; a customer of the Eurozone having a digital-euro wallet can send money to a U.S. retailer directly, without the wire charges and time-zone lag. The programmable money also offers the advantage of automation of the refunds, royalty splits and escrow releases, and this reduces the manual reconciliation work.

    Risks investors and founders must price in

    Regulatory drift remains the first hazard because legal frameworks can change after elections, so revenue that depends on yet-to-be-finalized rules deserves a discount. Counterparty transparency is next; a stablecoin’s safety rests on its reserves, making audited statements a must-read during vendor onboarding.

    Custody and cyber threats follow, since one lost private key or hacked wallet can wipe out funds, and only multi-signature controls and SOC 2-audited custodians truly reduce that risk. Finally, accounting grey zones persist; the IRS treats each disposal of digital property as a taxable event, so until GAAP issues clearer guidance, companies need detailed sub-ledgers to track token activity accurately.

    A five-step action checklist

    1. Open a test wallet. Experience the UX before involving customers. Many providers offer no-code dashboards.
    2. Pilot with low-value invoices. Use a stablecoin like USDC for a small vendor payment to measure speed and fees.
    3. Choose a compliant gateway. Select processors registered with FinCEN and capable of issuing year-end tax reports.
    4. Update policies. Add language on digital-asset acceptance, refund terms and exchange-rate treatment to T&Cs.
    5. Monitor legislation. Track Treasury updates, ECB communiqués and state-level money-transmitter rules; adjust exposure quarterly.

    Related: Digital Currencies May Well Be The Way Forward. But Not All Of Them Are Going To Make It.

    Milestones to watch over the next 24 months

    • A U.S. stablecoin bill that defines reserve standards and federal oversight.
    • ECB prototype results on merchant acceptance for the digital euro.
    • Asian central banks forming cross-border settlement corridors.
    • Major e-commerce platforms adding stablecoin checkouts natively.

    Customer expectations are changing

    Stablecoins also reshape what buyers expect from businesses. Younger customers, used to instant transfers on mobile apps, see multi-day settlements as outdated. Accepting digital dollars signals a brand is willing to remove friction. For subscription models, programmable payments reduce failed charges and improve retention. For international buyers, instant refunds or conversions into local currency build trust. What begins as a back-office efficiency move quickly becomes a front-end advantage that strengthens loyalty.

    Each milestone reduces uncertainty and broadens the addressable market. Early movers stand to lock in mindshare and lower payment costs before competitors even draft policy memos.

    Stablecoins will not make entrepreneurs rich through price appreciation; their promise lies in reducing friction that quietly erodes margins and customer trust. Governments are pushing the rails into the mainstream, which means founders who learn the mechanics today can outpace peers tomorrow.

    Test small, document everything and you will be ready when digital dollars hit prime time.
    So is it time to pour money into stablecoin? Probably not yet. But it’s definitely time to start paying attention.

    My first exposure to stablecoins was mundane: a client selling digital courses asked if accepting USD-pegged tokens would cut card fees. Two years later, the question is everywhere I speak. Talk of “central-bank digital currencies” and government-blessed stablecoins has moved from policy circles to checkout pages, and entrepreneurs want a clear roadmap.

    Below is a founder-focused guide: what stablecoins are, why governments care and how early adopters can turn uncertainty into an operating edge.

    Stablecoins in plain English

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    Dmitrii Khasanov

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  • Charlie Kirk, CEO of Turning Point USA, Has Died in Utah | Entrepreneur

    The CEO and co-founder of Turning Point USA, a conservative youth organization, was killed after being shot on Wednesday at an event in Utah. He was 31 years old.

    President Donald Trump announced the news on Truth Social.

    Charlie Kirk at the White House on May 28, 2025. Photo by Andrew Harnik/Getty Images

    “The Great, and even Legendary, Charlie Kirk, is dead,” Trump wrote. “No one understood or had the Heart of the Youth in the United States of America better than Charlie. He was loved and admired by ALL, especially me, and now, he is no longer with us. Melania and my Sympathies go out to his beautiful wife Erika, and family. Charlie, we love you!”

    Kirk founded Turning Point USA when he was 18 years old. By 2023, the company’s revenue had reached $81.7 million, per TIME, and he garnered millions of followers by hosting debates and podcasts to showcase all viewpoints on college campuses. His YouTube page alone has four million subscribers.

    The AP and NBC report that a person of interest is in custody.

    Photo by Yilmaz Yucel/Anadolu via Getty Images

    This is a breaking news story and will be updated.

    The CEO and co-founder of Turning Point USA, a conservative youth organization, was killed after being shot on Wednesday at an event in Utah. He was 31 years old.

    President Donald Trump announced the news on Truth Social.

    Charlie Kirk at the White House on May 28, 2025. Photo by Andrew Harnik/Getty Images

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    Erin Davis

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  • Klarna Employees Use Emojis to Show RTO Disappointment | Entrepreneur

    Buy now, pay later online payment provider Klarna began trading on the New York Stock Exchange on Wednesday. Its IPO was priced at $40, which valued Klarna at about $15 billion, but opened at $52 per share in its debut.

    “To me, it really just is a milestone,” Klarna’s co-founder and CEO, Sebastian Siemiatkowski, told CNBC on Wednesday. “It’s a little bit like a wedding. You prepare so much, and you plan for it, and it’s a big party. But in the end, marriage goes on.”

    Meanwhile, just a few days before the IPO, Klarna, which was founded in 2005, told employees that it is joining Microsoft, Target, and other companies in mandating a return-to-office schedule (RTO) — in Klarna’s case, three days a week in the office starting September 29.

    Sebastian Siemiatkowski, chief executive officer and co-founder of Klarna Holding AB, during the company’s initial public offering (IPO) at the New York Stock Exchange (NYSE) in New York, US, on Wednesday, Sept. 10, 2025. Michael Nagle/Bloomberg | Getty Images

    Related: ‘A Game Changer’: Klarna Becomes Walmart’s Exclusive Buy-Now-Pay-Later Provider

    According to a Slack post seen by Business Insider, Klarna posted the news on an internal message board, but comments were disabled. Emoji reactions, however, were not.

    According to the outlet, around 3,000 Klarna workers saw the post, and responses included a sad face (341), a “no” emoji (167), sweat-faced and sad (149), sad cat (131), facepalm (90), crying (86), clown face (73), and a “this sucks” (41) emoji.

    There were also some custom creations: the “Homer Simpson backing into a bush” meme emoji (62), a “Hide the Pain Harold” meme emoji (43), and a child going down a slide saying “bye” (17).

    Related: Klarna’s CEO Used an AI Clone of Himself to Report Quarterly Earnings. Here’s Why.

    Still, not everyone hated the news; there were 19 thumbs-up emojis and 14 rocket ship emojis, Business Insider notes.

    In June, Klarna announced that it was launching a debit card called the “Klarna Card.” Siemiatkowski told CNBC that the company has signed up 700,000 card customers in the U.S. so far, with a waiting list of five million people.

    Buy now, pay later online payment provider Klarna began trading on the New York Stock Exchange on Wednesday. Its IPO was priced at $40, which valued Klarna at about $15 billion, but opened at $52 per share in its debut.

    “To me, it really just is a milestone,” Klarna’s co-founder and CEO, Sebastian Siemiatkowski, told CNBC on Wednesday. “It’s a little bit like a wedding. You prepare so much, and you plan for it, and it’s a big party. But in the end, marriage goes on.”

    Meanwhile, just a few days before the IPO, Klarna, which was founded in 2005, told employees that it is joining Microsoft, Target, and other companies in mandating a return-to-office schedule (RTO) — in Klarna’s case, three days a week in the office starting September 29.

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  • Items on Display in Your Home Are Worth Thousands: eBay CEO | Entrepreneur

    The CEO of eBay, Jamie Iannone, says that you’re likely sitting on treasures worth thousands of dollars.

    On Yahoo Finance’s Opening Bid Unfiltered podcast this week, Iannone said that an average household contains at least $3,000 to $4,000 worth of items that could be sold online. Collectibles like Pokémon cards and trading cards, for example, were a “massive business” that contributed to $10 billion worth of products sold annually.

    “The whole idea is to unlock what’s in people’s closets and garages and houses,” Iannone said on the podcast. “And so, really unlocking all of that amazing inventory.”

    Related: She Bought a Vase at Goodwill for $3.99. It Sold at Auction for Over $100,000. ‘It’s Like Winning the Lottery’

    The online retailer and auction site turned 30 years old this month and has 134 million active buyers using the platform during the second quarter of the year, according to the company. The company’s market value was over $40 billion at the time of writing, and its stock was up over 46% year-to-date.

    Iannone became eBay’s CEO in 2020. Since then, the company’s market capitalization has grown by $7 billion.

    eBay CEO Jamie Iannone. Photographer: Victor J. Blue/Bloomberg via Getty Images

    Iannone highlighted that not all sellers on eBay intended to become entrepreneurs or create a side hustle — they were simply looking for ways to make extra cash. Besides collectibles, secondhand items are popular on eBay, especially among younger buyers. Iannone said that nearly half of the items (40%) sold on the site are used or refurbished.

    Related: Top Secrets to Starting a 6-Figure Etsy Side Hustle That Earns Passive Income, According to 3 People Who Did It

    “We have a lot of accidental entrepreneurs, people that didn’t intend to build a business on eBay, they just needed money,” Iannone said on the podcast. “So they turned to eBay to make a little extra money and turned that into a side business.”

    In July, eBay reported its second-quarter 2025 results, posting revenue of $2.7 billion, up 6% from the same time last year. Gross merchandise volume of products sold on eBay was $19.5 billion for the quarter, also up 6%.

    The CEO of eBay, Jamie Iannone, says that you’re likely sitting on treasures worth thousands of dollars.

    On Yahoo Finance’s Opening Bid Unfiltered podcast this week, Iannone said that an average household contains at least $3,000 to $4,000 worth of items that could be sold online. Collectibles like Pokémon cards and trading cards, for example, were a “massive business” that contributed to $10 billion worth of products sold annually.

    “The whole idea is to unlock what’s in people’s closets and garages and houses,” Iannone said on the podcast. “And so, really unlocking all of that amazing inventory.”

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  • Nick Raquet: From Big Four Firm to MLB’s Big League | Entrepreneur

    Nick Raquet’s LinkedIn now says he’s a “Professional Baseball Player with the St. Louis Cardinals.” But just a couple of years ago, he was a consultant at the “Big Four” firm, Ernst & Young (EY).

    When Covid hit in 2020, Raquet, now 29, was a minor leaguer who hadn’t advanced past single-A (the lowest tier) ball. He decided to hang up his cleats and use his finance degree from the College of William & Mary to try his hand at a 9-to-5 in corporate America, per MLB.com.

    For a little over a year in 2021-2022, Raquet was an “entry-level consultant on the Enterprise Risk team” at EY, where he “supported clients in identifying and managing risks to their business operations and objectives,” according to his LinkedIn.

    Related: ‘Big Four’ Salaries: How Much Accountants and Consultants Make at Deloitte, PwC, KPMG, and EY

    Nick Raquet #70 of the St. Louis Cardinals looks on during the game between the St. Louis Cardinals and the Seattle Mariners at T-Mobile Park on Monday, September 8, 2025, in Seattle, Washington.

    It was short-lived.

    MLB.com reports that after about a year, Raquet was not feeling “fulfilled” and decided to go back to the sport he loved. He joined an independent league team and began the grind once again, this time with a new attitude. He was just happy to be there.

    A few years later, on Monday, he made his MLB pitching debut. (The Cardinals lost, but he earned a strikeout.)

    Although Raquet may be quitting accounting forever, the skills he learned at EY (identifying challenges, implementing risk management processes, analyzing data, and participating in various training sessions, per his LinkedIn) will certainly come in handy in baseball, too.

    Related: The Power of Thought in Shaping Your Success — How Mindset Drives Your Circumstances

    Nick Raquet’s LinkedIn now says he’s a “Professional Baseball Player with the St. Louis Cardinals.” But just a couple of years ago, he was a consultant at the “Big Four” firm, Ernst & Young (EY).

    When Covid hit in 2020, Raquet, now 29, was a minor leaguer who hadn’t advanced past single-A (the lowest tier) ball. He decided to hang up his cleats and use his finance degree from the College of William & Mary to try his hand at a 9-to-5 in corporate America, per MLB.com.

    For a little over a year in 2021-2022, Raquet was an “entry-level consultant on the Enterprise Risk team” at EY, where he “supported clients in identifying and managing risks to their business operations and objectives,” according to his LinkedIn.

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    Erin Davis

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  • Oracle Founder Larry Ellison Becomes World’s Richest Person | Entrepreneur

    Oracle founder Larry Ellison, 81, has surpassed Tesla CEO Elon Musk, 54, to become the world’s richest person. It’s Ellison’s first time in the No. 1 spot.

    Ellison’s wealth grew by $101 billion as of 10:10 a.m. in New York, the biggest one-day increase in net worth ever, Bloomberg reported. His fortune has reached $393 billion, higher than Musk’s $385 billion as of press time. Musk held the title of the world’s richest person for the last 300 days. He has been in the top spot, off and on, since 2021.

    Ellison’s fortune grew after Wall Street was pleasantly “shocked” by cloud giant Oracle’s forward-looking numbers and growth trajectory, reported on Tuesday. Oracle stated that its cloud infrastructure business revenue is expected to grow 77% to $18 billion this fiscal year. The company projected $144 billion in cloud revenue by 2030 — a nearly tenfold increase over the next five years.

    Related: Meet David Ellison, Larry Ellison’s Son Who Is About to Take Over at Paramount

    Larry Ellison, co-founder and executive chairman of Oracle Corp., during an executive order signing ceremony in the Oval Office of the White House in Washington, D.C., on Monday, Feb. 3, 2025. Chris Kleponis/CNP/Bloomberg via Getty Images

    Oracle’s growth has propelled Ellison’s fortune to new heights. The octogenarian became the world’s second-richest person in mid-July. He is Oracle’s largest shareholder, with a 40% stake in the software company that comprises more than 80% of his wealth.

    Oracle’s stock price has swelled due to the AI boom, and is up 41% today, on pace for its best day in 35 years. The company’s market value has more than tripled over the past two years, going from $289.81 billion in 2023 to $913.61 billion at the time of writing.

    Who Is Larry Ellison?

    Ellison was born on Aug. 17, 1944, and raised by his aunt and uncle on the South Side of Chicago. He showed an early interest in math and science, and dropped out of college, both the University of Illinois and the University of Chicago, after learning the basics of computer programming, according to The Academy of Achievement.

    He moved to Berkeley, California, and took on programming jobs, eventually founding Oracle in 1977, and working as the company’s CEO until September 2014. He is currently chairman and chief technology officer.

    Related: These Luxury Yachts Are Owned By Some of the Wealthiest People in Tech

    What Does Oracle Do?

    Oracle helps businesses store, analyze, and manage data by providing database software that companies can use to store and retrieve information. For example, companies store employee data and customer records on Oracle’s databases.

    Another core part of Oracle’s business is its cloud computing service, which enables companies to use Oracle’s servers and software to store data without buying their own equipment.

    Oracle CEO Safra Catz said in an earnings statement on Tuesday that demand for Oracle’s offerings was growing. In the first quarter of the year alone, Oracle had signed four multi-billion-dollar contracts, Catz disclosed.

    “It was an astonishing quarter,” Catz stated.

    Related: Elon Musk Says Larry Ellison, Jeff Bezos Are the ‘Smartest’

    Oracle founder Larry Ellison, 81, has surpassed Tesla CEO Elon Musk, 54, to become the world’s richest person. It’s Ellison’s first time in the No. 1 spot.

    Ellison’s wealth grew by $101 billion as of 10:10 a.m. in New York, the biggest one-day increase in net worth ever, Bloomberg reported. His fortune has reached $393 billion, higher than Musk’s $385 billion as of press time. Musk held the title of the world’s richest person for the last 300 days. He has been in the top spot, off and on, since 2021.

    Ellison’s fortune grew after Wall Street was pleasantly “shocked” by cloud giant Oracle’s forward-looking numbers and growth trajectory, reported on Tuesday. Oracle stated that its cloud infrastructure business revenue is expected to grow 77% to $18 billion this fiscal year. The company projected $144 billion in cloud revenue by 2030 — a nearly tenfold increase over the next five years.

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  • Apple Reveals iPhone 17, iPhone Air, AirPods, Apple Watch | Entrepreneur

    Apple held its biggest launch event of the year on Tuesday, with the tagline: “Awe Dropping.” At the event, Apple released the next generation of iPhones, Apple Watches, and AirPods, including the Apple Watch Ultra 3, AirPods Pro 3, and iPhone 17.

    “We’re taking the biggest leap ever for iPhone,” Apple CEO Tim Cook said at the event.

    Here’s what Apple announced, from the ultra-thin profile of the iPhone Air to satellite connectivity on the Apple Watch Ultra 3.

    Related: ‘We’re Very Open’: Apple CEO Tim Cook Says He Wants to Buy Startups. Could Your Company Be Next?

    Apple Introduced the iPhone Air and iPhone 17

    The new iPhone lineup includes four new phones: the iPhone Air, 17, 17 Pro, and 17 Pro Max.

    Apple revealed its highly anticipated $999 iPhone Air, the “thinnest iPhone ever” — at 5.6 millimeters, it’s the slimmest iPhone yet. Apple also claims that the 6.5-inch phone is the most durable of all iPhones and benefits from an improved internal chip. It’s the most power-efficient iPhone ever made, with a powerful camera and an all-day battery life.

    iPhone Air. Credit: Apple

    Meanwhile, the $1,099 iPhone 17 Pro is “the most powerful iPhone yet, by far,” according to Apple. The phone has a unified outer body that uniformly dissipates heat from the battery, preventing overheating. Apple also said that the phone offers “the best battery life ever in an iPhone,” with 39 hours of video playback.

    Related: How Much Does Apple Pay Its Employees? Here Are the Exact Salaries of Staff Jobs, Including Developers, Engineers, and Consultants.

    Apple said the event was filmed with an iPhone 17 Pro, demonstrating the capabilities of the phone in real time. The $1,199 iPhone 17 Pro Max has a larger screen than the Pro, but features the same capabilities, including increased power and battery life.

    iPhone 17 Pro. Credit: Apple

    The standard iPhone 17 features a 6.3-inch display with thinner borders for a wider screen. The display is more readable in direct sunlight, and the phone has twice the scratch resistance. Charging is now faster than ever: Ten minutes of charge can result in 8 hours of video playback.

    iPhone cameras are also improving, with better resolution and a wide field of view for the front-facing camera. Apple noted that users took 500 billion selfies last year, more than any other smartphone.

    iPhone 17. Credit: Apple

    Pre-orders for the new iPhone lineup start Sept. 12. The new phones will be available starting Sept. 19.

    What’s New With the AirPods Pro 3

    Cook said that this year, Apple was building on innovations with AirPods Pro, including the hearing aid function introduced last year that transformed the buds into assistive devices for people experiencing mild to moderate hearing loss.

    Related: Your Old Apple AirPods Can Soon Act as an Over-the-Counter Hearing Aid, According to the FDA

    At the event, Julz Arney, senior director of fitness technologies at Apple, introduced heart rate sensing for AirPods. Custom sensors on the AirPods allow the earbuds to track heart rate independently of a smartwatch, Arney explained.

    AirPods Pro 3. Credit: Apple

    The AirPods Pro 3 also deliver twice the active noise cancellation of previous generations. Apple claimed that the AirPods deliver the world’s best active noise cancellation of any in-ear headphones.

    The earbuds also offer live translation, transforming words from one language into another in real-time. For example, if someone speaks a different language, the AirPods will lower their voice and deliver a real-time translation.

    The AirPods Pro 3 cost $249 and will be available on Sept. 19. Preorders begin Tuesday.

    Here’s How the Apple Watch Is Changing

    Apple introduced the $399 Apple Watch Series 11, which comes with a thorough list of health features, including state-of-mind tracking for mental health.

    In a new development, Apple is taking on hypertension, or high blood pressure, with a new feature that tracks irregularities in blood pressure over time. Apple expects to notify one million people of hypertension within the first year alone.

    Apple Watch Series 11. Credit: Apple

    The company is also introducing a new sleep score based on duration of sleep, how many times a user wakes up throughout the night, and regularity of sleep over time. The new sleep score function applies to the budget-friendly $249 Apple Watch SE 3.

    The $799 Apple Watch Ultra 3 is also packed with new features, including satellite connectivity. Even when a user is off the grid, they can use their Apple Watch to get help in case of an emergency. The watch features 42 hours of battery life and also has hypertension notifications.

    Apple Watch Ultra 3. Credit: Apple

    Cook called Apple Watch “the most popular watch in the world.”

    The Apple Watches can be pre-ordered today and will be available starting Sept. 19.

    Apple held its biggest launch event of the year on Tuesday, with the tagline: “Awe Dropping.” At the event, Apple released the next generation of iPhones, Apple Watches, and AirPods, including the Apple Watch Ultra 3, AirPods Pro 3, and iPhone 17.

    “We’re taking the biggest leap ever for iPhone,” Apple CEO Tim Cook said at the event.

    Here’s what Apple announced, from the ultra-thin profile of the iPhone Air to satellite connectivity on the Apple Watch Ultra 3.

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  • Microsoft RTO Mandate to Begin in February 2026 | Entrepreneur

    In August, it was reported that Microsoft was planning to mandate its employees back to the office “at least” three days a week as soon as January 2026. (Employees currently can work remotely “half” of the workweek.)

    Now, according to an internal email sent to Microsoft staff on Tuesday, the company has finalized its plans and is issuing a return-to-office (RTO) mandate in three phases, beginning at the end of February 2026, according to Business Insider.

    “In the AI era, we are moving faster than ever, building world-class technology that changes how people live and work, and how organizations everywhere operate,” reads the email from Microsoft HR chief Amy Coleman. “If you reflect on our history, the most meaningful breakthroughs happen when we build on each other’s ideas together, in real time.”

    Related: Microsoft Just Became the Second Company in History to Achieve a $4 Trillion Valuation — Here’s How

    As of June 30, Microsoft employed 228,000 workers, with 125,000 located in the U.S.

    According to the email, the first phase will focus on employees who live in the Puget Sound, Washington area, and will begin around February 23. “If you live within 50 miles of a Microsoft office, you’ll be expected to work onsite three days a week starting [at the end of February],” the email reads.

    A general view of the Microsoft Zizhu Campus in Minghang, Shanghai, China, on June 30, 2025. International employees will learn more about their RTO in 2026. Ying Tang/NurPhoto via Getty Images

    The RTO mandate will then expand to other offices in the U.S. and, eventually, internationally, for which planning will begin in 2026, according to the email.

    Related: Amazon Tells Thousands of Employees to Relocate or Resign

    The memo said that the rest of the staff will hear from their “EVP or organizational leadership today with specific guidance,” the email reads. “If you are outside of the Puget Sound area, you do not need to take any action at this time unless your EVP communicates otherwise.”

    “We’ve looked at how our teams work best, and the data is clear: when people work together in person more often, they thrive—they are more energized, empowered, and they deliver stronger results,” Coleman wrote.

    Related: Microsoft’s CEO Says the Company’s Mass Layoffs, Despite Financial Success, Are ‘Weighing Heavily on Me’ in an Internal Memo

    In August, it was reported that Microsoft was planning to mandate its employees back to the office “at least” three days a week as soon as January 2026. (Employees currently can work remotely “half” of the workweek.)

    Now, according to an internal email sent to Microsoft staff on Tuesday, the company has finalized its plans and is issuing a return-to-office (RTO) mandate in three phases, beginning at the end of February 2026, according to Business Insider.

    “In the AI era, we are moving faster than ever, building world-class technology that changes how people live and work, and how organizations everywhere operate,” reads the email from Microsoft HR chief Amy Coleman. “If you reflect on our history, the most meaningful breakthroughs happen when we build on each other’s ideas together, in real time.”

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  • Barbara Corcoran: How I Turned Failure Into Monetary Success | Entrepreneur

    Many entrepreneurs have a deal they probably wish they didn’t make, or, perhaps worse, one that got away. And real estate pioneer and longtime “Shark Tank” investor Barbara Corcoran remembers hers clearly. She told her Instagram followers on Monday that she invested her first major profit into a “genius” idea that ended up being a total flop — and a bit ahead of its time.

    “My greatest successes happened on the heels of failure,” Corcoran wrote. “The moment I made my first profit, it felt like all the long nights and rejection finally paid off. I wanted to invest it in something big that would set me apart.”

    Related: How Nvidia CEO Jensen Huang Transformed a Graphics Card Company Into an AI Giant: ‘One of the Most Remarkable Business Pivots in History’

    Corcoran says she “took every penny” she had, which was around $75,000 at the time, and made videotapes of all of her company’s real estate listings.

    “I thought it was genius!” she said. “Buyers could pop in a tape and tour our apartments from the comfort of their La-Z-Boy chair.”

    However, Corcoran didn’t anticipate her fellow real estate agents not wanting to hand out tapes with her face on it (and not their own). So, tens of thousands of dollars worth of VHS tapes went into boxes and “sat untouched” in storage.

    “My brilliant idea was a total flop,” Corcoran said. “Just like that, my $75,000 was gone.”

    But when the Internet went mainstream shortly after, she knew she was back in business.

    Related: Barbara Corcoran Needed to Make Job Cuts. Here’s Why She Fired Her Mom First.

    “I heard whispers about this brand new thing called ‘the Internet.’ Most people thought it was a joke,” Corcoran said. “I didn’t. I registered my company’s URL immediately, and I snagged my competitor’s, too. (That’s a story for another day.) Then, I remembered those dusty tapes.”

    Corcoran says she took the boxes out of storage, uploaded the tapes to the website, and within a week had “two sales came in from London, site unseen.”

    “The same idea that had failed miserably suddenly became my breakthrough,” Corcoran says. “The best successes often happen on the heels of failure.”

    Moral of the story? Put your failures in a box out of sight, but don’t throw them away — you never know when they can be repurposed into success.

    Related: ‘I Don’t Know How I Know This, But I Know This’: Learn This Psychic Medium’s Method for Trusting Your Intuition

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  • When Is Apple Releasing the iPhone 17? Awe-Dropping Event | Entrepreneur

    Apple is hosting its biggest launch event of the year on Tuesday in preparation for the release of the next generation of iPhones, Apple Watches, and AirPods.

    The tech giant gave the launch event the tagline “Awe Dropping” when announcing it last month.

    Here’s more about the Apple event, including how to watch and what new products and releases are expected.

    When Is the Apple Event?

    The Apple event is Tuesday, Sept. 9, at 10 a.m. PT or 1 p.m. ET.

    How Can I Watch Apple’s “Awe Dropping” Event?

    The event will be livestreamed online at apple.com and on the Apple TV app. You can also watch on YouTube, here:

    Related: How Much Does Apple Pay Its Employees? Here Are the Exact Salaries of Staff Jobs, Including Developers, Engineers, and Consultants.

    Is Apple Announcing the iPhone 17?

    Apple is set to introduce four new iPhone 17 models: the iPhone 17, iPhone 17 Pro, iPhone 17 Air, and iPhone 17 Pro Max.

    The iPhone 17 Air will replace the Plus, according to Bloomberg’s Mark Gurman. The ultra-thin phone will be Apple’s first new smartphone model in years and will be noticeably thinner—about one-third—than previous models. According to MacRumors, screen sizes will be 6.3 inches for the iPhone 17 and 17 Pro, 6.6 inches for the 17 Air, and 6.9 inches for the 17 Pro Max.

    The iPhone 17 Pro and Pro Max are expected to have improved cameras and enhanced battery life, according to Gurman. MacRumors suggests that the standard iPhone 17 will look similar to last year’s iPhone 16.

    How Much Will the New iPhones Cost?

    The price of the new iPhone 17 is unclear, but for comparison, Apple released the iPhone 16 last year at a price point of $799 for its base model, and charged $1,199 for the higher-tier iPhone 16 Pro Max.

    It’s uncertain if specific iPhone 17 models will get a price hike due to tariffs, which were 30% against Chinese imports as of Monday. Last month, Apple shifted some of its U.S. iPhone production to India as it strove to lessen its dependence on China.

    Related: Here’s What Was Discussed at President Donald Trump’s ‘High IQ’ Dinner With Tech CEOs, Including Apple’s Tim Cook and Microsoft’s Satya Nadella

    Is Apple Releasing a Foldable iPhone?

    According to a July JPMorgan investor letter, Apple is working on its first foldable phone to compete with Samsung and Google, but the iPhone maker will not introduce the foldable phone this year.

    Apple will instead debut the foldable devices in the fall of 2026, per the letter.

    What Is Apple’s New Liquid Glass?

    Liquid Glass is the name of a new translucent design element that Apple announced in June at its Worldwide Developers Conference. The element looks like glass on the screen and takes on the color of its environment.

    Apple is bringing Liquid Glass to the iPhone via translucent menus and a new lock screen with Liquid Glass time. Liquid Glass will roll out this fall, along with Apple’s new iOS 26 operating system.

    Related: Apple Is Reportedly Developing AI Smart Glasses to Compete with Meta and Google

    Is the Apple Watch Getting an Update?

    Apple is expected to refresh its Apple Watch line, adding new models like the Apple Watch Series 11 and Ultra 3, per Bloomberg. The Series 11 will feature a brighter screen, while the Ultra 3 will boast satellite connectivity, so users can remain connected, even when they’re off the grid without their phones.

    Are AirPods Changing?

    Apple will likely add a heart rate monitor to its AirPods Pro earbuds, allowing users to track calories burned without a smartwatch, per Bloomberg. The tech giant is leaning more into fitness with its earbuds this year.

    Apple is hosting its biggest launch event of the year on Tuesday in preparation for the release of the next generation of iPhones, Apple Watches, and AirPods.

    The tech giant gave the launch event the tagline “Awe Dropping” when announcing it last month.

    Here’s more about the Apple event, including how to watch and what new products and releases are expected.

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  • Judge Denies Anthropic’s Billion-Dollar Copyright Settlement | Entrepreneur

    A federal judge has cast doubt on the proposed $1.5 billion copyright settlement between AI company Anthropic and book authors represented in a class action lawsuit, delaying its approval.

    Judge William Alsup declined to approve the settlement on Monday, citing that authors might be excluded from meaningful input as negotiations unfolded behind closed doors.

    “I have an uneasy feeling about hangers-on with all this money on the table,” Alsup said, per Bloomberg.

    Related: Anthropic Is Now One of the Most Valuable Startups of All Time: ‘Exponential Growth’

    Alsup noted the settlement was “nowhere close to complete” and required further clarification on vital aspects, including how claims would be filed, how class members would be notified, and which works were covered. Without these, Alsup argued, the deal could unfairly disadvantage authors and lead to future litigation.

    The lawsuit originates from Anthropic’s alleged downloading of millions of copyrighted books to train its AI models—a claim echoing similar legal efforts against major tech firms like OpenAI and Meta. Anthropic proposed paying about $3,000 per book to 500,000 authors in the suit.

    Alsup said there were many “important questions” that need answering before approving the settlement, including a complete list of books and a clearly defined process for notifying potential class members, adding that class members typically “get the shaft” once deals are made and “attorneys stop caring.” He wants clear and early guidance provided to authors, giving them proper time to opt in or out of the suit.

    All legal eyes are on what happens next as this suit is thought to provide a template for future AI copyright litigation.

    Related: ‘We Don’t Negotiate’: Why Anthropic CEO Is Refusing to Match Meta’s Massive 9-Figure Pay Offers

    A federal judge has cast doubt on the proposed $1.5 billion copyright settlement between AI company Anthropic and book authors represented in a class action lawsuit, delaying its approval.

    Judge William Alsup declined to approve the settlement on Monday, citing that authors might be excluded from meaningful input as negotiations unfolded behind closed doors.

    “I have an uneasy feeling about hangers-on with all this money on the table,” Alsup said, per Bloomberg.

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  • OpenAI-Backed AI-Made Animated Movie Headed to Theaters | Entrepreneur

    A new animated movie made mainly with AI could challenge the time and resources it takes to put together a Hollywood production.

    According to a Sunday report from The Wall Street Journal, OpenAI is giving its tools and computing resources to a new feature-length movie called “Critterz,” which follows the journey of forest creatures who embark on a quest after a stranger intrudes on their home.

    Chad Nelson, a creative specialist at OpenAI, conceptualized “Critterz” three years ago while experimenting with OpenAI’s image generation tool Dall-E. It was originally a short film funded by OpenAI that was released in 2023. Nelson has since joined forces with movie production companies in London and Los Angeles to make his vision of a feature film a reality. It’s unclear if OpenAI will be marketing the full-length movie.

    Related: Meta Says Its New Movie Gen AI Is an Industry First — But a Demo Shows It Isn’t Perfect

    Nelson says that the film will demonstrate what OpenAI’s tools can do, creating a highly visible (the plan is to debut at the Cannes Film Festival in May) use case for the technology.

    “OpenAI can say what its tools do all day long, but it’s much more impactful if someone does it,” Nelson told WSJ. “That’s a much better case study than me building a demo.”

    After being introduced at Cannes, “Critterz” is expected to be released in theaters globally next year. In a press release on Monday, Vertigo Films said the film will be funded by Vertigo’s Paris-based parent company, Federation Studios.

    With a budget of less than $30 million, the movie would cost less to make than a standard Hollywood film. For reference, major Hollywood productions like Disney’s “Tangled” cost over $200 million to create, while the studio’s “Tarzan” cost $130 million. If successful, it could cause Hollywood to take notice and use AI for future films.

    Related: A Movie About Sam Altman’s Ouster and Wild Week at OpenAI Is Currently Filming. Here’s Who’s Portraying the Tech CEO (and His Nemesis, Elon Musk).

    “Critterz” would also take less time to produce: The production team is aiming to create it in nine months instead of the standard three to four years. Production has started, with casting decisions aiming to go out within the next few weeks.

    Other Hollywood studios have already begun experimenting with AI. In July, Netflix disclosed that it had used AI to generate a scene on an Argentine TV show called “El Eternauta.” Meanwhile, Disney has experimented with tapping into AI to create clones or digital body doubles of actors.

    Entertainment companies have also pushed back against unauthorized AI use. In June, Disney and Universal filed the first major Hollywood lawsuit against AI startup Midjourney, alleging that the startup copied its characters from copyrighted works without permission.

    Related: Universal Pictures Just Added an Anti-AI Legal Warning to the End of Its Movies, Including ‘How to Train Your Dragon’

    A new animated movie made mainly with AI could challenge the time and resources it takes to put together a Hollywood production.

    According to a Sunday report from The Wall Street Journal, OpenAI is giving its tools and computing resources to a new feature-length movie called “Critterz,” which follows the journey of forest creatures who embark on a quest after a stranger intrudes on their home.

    Chad Nelson, a creative specialist at OpenAI, conceptualized “Critterz” three years ago while experimenting with OpenAI’s image generation tool Dall-E. It was originally a short film funded by OpenAI that was released in 2023. Nelson has since joined forces with movie production companies in London and Los Angeles to make his vision of a feature film a reality. It’s unclear if OpenAI will be marketing the full-length movie.

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  • Starbucks Is Revamping 1000 Locations: See Photos | Entrepreneur

    Starbucks is renovating, or “uplifting,” as the company is calling it, 1,000 locations by the end of 2026, in an effort to become a “third place” to hang out, per CNBC.

    “We’re uplifting more than 1,000 coffeehouses over the next year, blending our global heritage with local relevance to create spaces that are immersive, inclusive, and deeply human,” said Dawn Clark, Starbucks senior vice president of coffeehouse design and concepts, in a statement to CNBC.

    Related: Starbucks Just Experienced a ‘Record-Breaking Sales Week’ Thanks to One Line of Products

    A new “uplifted” Starbucks in Union Square, New York City.

    Starbucks

    The new spaces have less glare, more outlets, and more comfortable seating. The new designs are meant to “encourage customers to stay longer, connect more, and return often,” Clark added.

    Each “uplift,” starting with locations in New York and Southern California, will cost around $150,000, and the stores won’t be shut down during the refresh.

    In addition to the revamps and announcing a Pumpkin Spice-led record-breaking sales week, Starbucks CEO Brian Niccol celebrated one month of “Green Apron Service” in a company-wide blog post on Monday.

    Related: Starbucks Is Hiring In-Store Human Workers After Replacing People With Machines — and Finding It Didn’t Work

    Niccol said the company has invested $500 million in its Green Apron Service initiatives, which include more hours for employees, larger staff, and new technology in stores. The company’s ambitious goal is to provide the “world’s greatest customer experience,” Niccol says.

    The coffee giant is committed to filling 90% of retail leadership roles internally and expanding Assistant Store Manager roles, which has led to “record-low turnover, record-high shift completion, [and] more consistent hours.”

    Starbucks Upper East Side, New York

    “Partners are telling us it’s making their jobs more focused and more fulfilling,” Niccol said in the post.

    Last week, Starbucks also revealed its protein lineup, noting that the company is going “all in” on Protein Cold Foam, according to a press release.

    Related: ‘We’re Not Effective’: Starbucks CEO Tells Corporate Employees to ‘Own Whether or Not This Place Grows’

    Starbucks is renovating, or “uplifting,” as the company is calling it, 1,000 locations by the end of 2026, in an effort to become a “third place” to hang out, per CNBC.

    “We’re uplifting more than 1,000 coffeehouses over the next year, blending our global heritage with local relevance to create spaces that are immersive, inclusive, and deeply human,” said Dawn Clark, Starbucks senior vice president of coffeehouse design and concepts, in a statement to CNBC.

    Related: Starbucks Just Experienced a ‘Record-Breaking Sales Week’ Thanks to One Line of Products

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  • Geoffrey Hinton Says His Girlfriend Dumped Him Using ChatGPT | Entrepreneur

    The Godfather of AI couldn’t escape AI during a breakup.

    Geoffrey Hinton, called the Godfather of AI for his pioneering work helping develop the technology behind AI, said in a Friday interview with The Financial Times that his now former girlfriend used AI to break up with him.

    Hinton said his unnamed ex asked ChatGPT to enumerate the reasons why he had been “a rat,” and relayed the chatbot’s words to him in a breakup conversation.

    “She got ChatGPT to tell me what a rat I was,” Hinton told FT. “She got the chatbot to explain how awful my behavior was and gave it to me.”

    Related: Here’s Why These Two Scientists Won the $1.06 Million 2024 Nobel Prize in Physics

    However, the now 77-year-old, who won the Nobel Prize in Physics last year and currently works at the University of Toronto as a professor emeritus in computer science, wasn’t too bothered by the AI-generated response — or the breakup.

    “I didn’t think I had been a rat, so it didn’t make me feel too bad,” he told FT. “I met somebody I liked more, you know how it goes.”

    Geoffrey Hinton, Godfather of AI. Photo By Ramsey Cardy/Sportsfile for Collision via Getty Images

    Although Hinton doesn’t give a timeline of when the breakup occurred, if his ex used ChatGPT, it had to be within the last three years. And while the technology helped shape the conversation around Hinton’s breakup, its creator, OpenAI, would rather its chatbot stay out of difficult conversations.

    OpenAI announced last month that it would be rolling out changes to ChatGPT to ensure the chatbot responds appropriately in high-stakes personal conversations. For example, instead of directly answering the question, “Should I break up with my boyfriend?” the chatbot guides users through the situation by asking questions.

    Related: Is Your ChatGPT Session Going On Too Long? The AI Bot Will Now Alert You to Take Breaks

    While the breakup comments are personal, Hinton has long been outspoken about AI. In June, he told the podcast “Diary of a CEO” that AI had the potential to “replace everybody” in white-collar jobs, and last month, at the Ai4 conference, Hinton posited that AI would quickly become “much smarter than us.”

    In December, he said that there was a 10% to 20% chance that AI would cause human extinction within the next 30 years.

    Related: AI Could Cause 99% of All Workers to Be Unemployed in the Next Five Years, Says Computer Science Professor

    The Godfather of AI couldn’t escape AI during a breakup.

    Geoffrey Hinton, called the Godfather of AI for his pioneering work helping develop the technology behind AI, said in a Friday interview with The Financial Times that his now former girlfriend used AI to break up with him.

    Hinton said his unnamed ex asked ChatGPT to enumerate the reasons why he had been “a rat,” and relayed the chatbot’s words to him in a breakup conversation.

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  • Anguilla Is Making Millions Off AI Domain Names | Entrepreneur

    Anguilla is a small Caribbean island with a population of less than 20,000. It’s also making millions off the tech industry.

    Last week, the BBC reported that Dharmesh Shah, the cofounder and CTO of HubSpot, paid the country $700,000 earlier this year to buy the web address you.ai for a new company. So how did a British Overseas Territory that’s only 16 miles long and at its widest, 3.5 miles, become the king of AI domains? Anguilla gained .ai in the 1990s, when the Internet was in its infancy and countries acquired domain names, mostly at no cost, such as .us for the United States or .uk for the United Kingdom, to launch their websites.

    Related: A Great Domain Name Can Add Millions to Your Business — Here’s How to Get One (Even If It’s Already Taken)

    Then, when ChatGPT launched in late 2022 and the new AI age began, companies from Google to Grok started buying up the .ai domains. Business Insider reports that there are now more than 850,000 .ai domains online. In 2020, there were fewer than 50,000.

    The AP reports that Anguilla earned around $38 million from selling domain names in 2024, up from $32 million in 2023, almost a quarter (23%) of its total revenue for the year. Tourism is still its No. 1 moneymaker at 37%, per the International Monetary Fund.

    “Some people call it a windfall”, Anguilla’s former premier, Ellis Webster, told The New York Times last year. “We just call it God smiling down on us.”

    Related: Former OpenAI Board Member Reveals Why She Had CEO Sam Altman Fired

    Anguilla is a small Caribbean island with a population of less than 20,000. It’s also making millions off the tech industry.

    Last week, the BBC reported that Dharmesh Shah, the cofounder and CTO of HubSpot, paid the country $700,000 earlier this year to buy the web address you.ai for a new company. So how did a British Overseas Territory that’s only 16 miles long and at its widest, 3.5 miles, become the king of AI domains? Anguilla gained .ai in the 1990s, when the Internet was in its infancy and countries acquired domain names, mostly at no cost, such as .us for the United States or .uk for the United Kingdom, to launch their websites.

    Related: A Great Domain Name Can Add Millions to Your Business — Here’s How to Get One (Even If It’s Already Taken)

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  • Anthropic Settles Books Copyright Case for Billions | Entrepreneur

    Leading AI startup Anthropic, which just raised $13 billion earlier this month at a $183 billion valuation, has agreed to settle a class action lawsuit with a group of authors and publishers for at least $1.5 billion.

    On Friday, the startup proposed paying about $3,000 per book to 500,000 authors. It would be the largest copyright payout in history, if approved, per The New York Times.

    The case was filed last year by authors Andrea Bartz, Charles Graeber, and Kirk Wallace Johnson, who alleged in the class action suit Bartz v. Anthropic that Anthropic had illegally used their work to train its AI models, downloading copyrighted books for free from pirated datasets. The ruling could also influence the more than 40 other copyright lawsuits filed against AI companies across the country.

    “This settlement sends a powerful message to AI companies and creators alike that taking copyrighted works from these pirate websites is wrong,” Justin Nelson, the plaintiffs’ attorney, told CNBC.

    Related: ‘Extraordinarily Expensive’: Getty Images Is Pouring Millions of Dollars Into One AI Lawsuit, CEO Says

    The settlement follows a ruling in June on the case from Judge William Alsup of the U.S. District Court for the Northern District of California. The judge ruled that Anthropic’s AI training with copyrighted books was “fair use” because it was “transformative” and turned the books into something new.

    “Like any reader aspiring to be a writer, Anthropic’s [AI] trained upon works not to race ahead and replicate or supplant them — but to turn a hard corner and create something different,” Alsup wrote in the ruling.

    However, Alsup also determined that Anthropic illegally downloaded countless books from companies like Pirate Library Mirror and Library Genesis to train its AI models. The judge ruled that Anthropic’s executives were aware that these online libraries contained pirated material. Anthropic decided to “steal” the books instead of buying them from reputable sellers, he determined.

    Related: ‘Bottomless Pit of Plagiarism’: Disney, Universal File the First Major Hollywood Lawsuit Against an AI Startup

    “Anthropic had no entitlement to use pirated copies for its central library,” the ruling reads.

    Anthropic CEO Dario Amodei. Photographer: Stefan Wermuth/Bloomberg via Getty Images

    The authors and Anthropic chose to settle after the judge’s ruling. As part of the proposed settlement, Anthropic agreed to remove pirated works from its database and stated that it did not use pirated books to develop AI that it has now made available to the public.

    If approved, the settlement “will resolve the plaintiffs’ remaining legacy claims,” Anthropic’s Deputy General Counsel, Aparna Sridhar, said in a statement, per NYT.

    “We remain committed to developing safe AI systems that help people and organizations extend their capabilities, advance scientific discovery, and solve complex problems,” she added.

    Though the settlement amount is record-breaking, Anthropic can likely afford it. The startup has raised more than $27 billion since its inception in 2021.

    Related: Anthropic Is Now One of the Most Valuable Startups of All Time: ‘Exponential Growth’

    According to the June ruling, Anthropic made over one billion dollars in annual revenue last year from its AI chatbot Claude, which asks for $20 to $100 per month for paid subscriptions and also offers a free tier.

    Anthropic faces another legal battle against Reddit. In June, Reddit sued Anthropic for using the site for training data without permission, marking the first time a big tech company has filed a complaint against an AI startup over the material it uses to train AI models.

    Leading AI startup Anthropic, which just raised $13 billion earlier this month at a $183 billion valuation, has agreed to settle a class action lawsuit with a group of authors and publishers for at least $1.5 billion.

    On Friday, the startup proposed paying about $3,000 per book to 500,000 authors. It would be the largest copyright payout in history, if approved, per The New York Times.

    The case was filed last year by authors Andrea Bartz, Charles Graeber, and Kirk Wallace Johnson, who alleged in the class action suit Bartz v. Anthropic that Anthropic had illegally used their work to train its AI models, downloading copyrighted books for free from pirated datasets. The ruling could also influence the more than 40 other copyright lawsuits filed against AI companies across the country.

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  • This ChatGPT Agent Predicted a Viral Trend in 15 Minutes — Then My Content Took Off | Entrepreneur

    Opinions expressed by Entrepreneur contributors are their own.

    Most solopreneurs are still throwing content at the wall — hoping something sticks.

    But ChatGPT’s new Agent doesn’t guess. It predicts what’s about to go viral — and helps you post it before anyone else does.

    This isn’t another AI writing tool. It’s a fully autonomous strategist that scans Reddit, Substack and YouTube in real time to find breakout trends, reverse-engineer what’s working and map out a full content plan that actually ranks.

    In this video, I’ll show you how I used it to spot a viral trend in under 15 minutes — and how it ranked my content top two on major media sites within 48 hours.

    Here’s what you’ll discover:

    • Viral trend prediction: How the Agent identifies breakout ideas before they hit the news — so you publish first, not last.
    • Content that ranks: Why this Agent outperforms keyword tools — and builds you a smarter strategy in minutes.
    • Competitor breakdowns: How it dissects emotional hooks, pacing, and title formulas from the top-performing videos in your niche.
    • Weekly content calendars: The exact prompt I use to build a full week of content ideas in under 10 minutes.

    Because the truth is, in 2025, you’re either guessing — or predicting. Let this be your edge before everyone else catches up.

    The AI Success Kit is available to download for free, along with a chapter from my new book, The Wolf is at The Door.

    Most solopreneurs are still throwing content at the wall — hoping something sticks.

    But ChatGPT’s new Agent doesn’t guess. It predicts what’s about to go viral — and helps you post it before anyone else does.

    This isn’t another AI writing tool. It’s a fully autonomous strategist that scans Reddit, Substack and YouTube in real time to find breakout trends, reverse-engineer what’s working and map out a full content plan that actually ranks.

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  • Google Report: This Is How Leaders Are Using AI at Work | Entrepreneur

    AI is making a mark in marketing, security, and customer experience, according to a new Google Cloud report, which surveyed 3,500 senior leaders at global companies to find a clear use case for AI — and figure out if leaders had seen a return on their AI investments.

    Each leader surveyed works for a business that earns at least $10 million in annual revenue, has at least 100 employees, and leverages generative AI. The majority of respondents (55%) indicated that AI was a useful marketing tool, helping them with tasks like data analysis, content generation, and editing. Nearly 60% of executives at media and entertainment firms indicated that AI had a positive impact on their marketing efforts.

    Related: 37% of Employers Would Rather Hire a Robot or AI Than a Recent Grad: ‘Theory Alone Is No Longer Enough’

    Security was also an area where AI was useful to executives, according to the report. AI security tools combat cyberthreats by automatically detecting intruders and analyzing incidents. Almost half of executives (49%) said in the survey that AI helped with cybersecurity. Of that group, 53% stated that AI had diminished the number of security incidents reported in their organizations.

    Executives also found that AI improved customer experience. Close to 62% of leaders said that AI had enabled them to deliver better customer service, an increase from 59% of respondents who answered the same survey in 2024. Three in four leaders said customer satisfaction improved as a result of AI this year.

    The survey also sought to uncover whether AI had delivered a strong return on investment for organizations. Only 40% of respondents stated that AI had directly caused revenue growth for their companies, but 70% said that AI had made employees more productive.

    Related: AI Agents Can Help Businesses Be ’10 Times More Productive,’ According to a Nvidia VP. Here’s What They Are and How Much They Cost.

    Google Cloud’s VP of Global Generative AI, Oliver Parker, wrote that the report indicated that AI hype in organizations is calming down.

    “The conversation has shifted to value,” he wrote.

    The report’s findings contrast with research published last month by MIT, which found that though U.S. businesses have invested up to $40 billion in AI altogether, the overwhelming majority (95%) have yet to see a return on their investments or an impact on profits.

    AI is making a mark in marketing, security, and customer experience, according to a new Google Cloud report, which surveyed 3,500 senior leaders at global companies to find a clear use case for AI — and figure out if leaders had seen a return on their AI investments.

    Each leader surveyed works for a business that earns at least $10 million in annual revenue, has at least 100 employees, and leverages generative AI. The majority of respondents (55%) indicated that AI was a useful marketing tool, helping them with tasks like data analysis, content generation, and editing. Nearly 60% of executives at media and entertainment firms indicated that AI had a positive impact on their marketing efforts.

    Related: 37% of Employers Would Rather Hire a Robot or AI Than a Recent Grad: ‘Theory Alone Is No Longer Enough’

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    Sherin Shibu

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