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The Diller-Altman Trust Dynamic Billionaire media mogul Barry Diller doesn’t think OpenAI CEO Sam Altman is untrustworthy, despite recent reporting to the contrary. Onstage at The Wall Street Journal’s “Future of Everything” conference this week, Diller vouched for the AI exec, who has been accused by some former colleagues and board members of being manipulative and deceptive at times. The AGI Conundrum Diller, who is friendly with Altman, was responding to a question about whether or not people should put their faith in Altman to ensure that artificial intelligence benefits humanity. In particular, he was asked about the theoretical form of AI known as artificial general intelligence, or AGI, which could one day outperform humans on any task. The Limits of Trust in AI Development The media exec, a co-founder of Fox Broadcasting and chairman of IAC and Expedia Group, said that while he believes Altman is sincere in his pursuits, that’s not really the area of concern people should be focused on. Rather, it’s the unknown consequences that will result from AI. “One of the big issues with AI is it goes way beyond trust,” Diller said. “It may be that trust is irrelevant because the things that are happening are a surprise to the people who are making those things happen.” The Unknowns of AI Progress Diller added that the development of AI is a journey into the unknown, with even those creating it unsure of the outcomes. He emphasized that progress in AI is inevitable and that the focus should be on preparing for its consequences. “We have embarked on something that is going to change almost everything. It is not under-reported. Now, whether these huge investments are going to come through — I couldn’t care less. I’m not invested in it, but progress is going to be made,” The Need for Guardrails Diller also highlighted the importance of establishing guardrails for AI development to prevent unforeseen negative consequences. He warned that if humans don’t think about guardrails, then the alternative is that “another force, an AGI force, will do it themselves. And once that happens, once you unleash that, there’s no going back.”

The Unexpected Partnership On Wednesday, xAI and Anthropic announced a surprise partnership that has the Claude-maker buying out "all of the compute capacity at [xAI's] Colossus 1 data center," roughly 300MW that allowed Anthropic to immediately raise its usage limits. It's a huge deal for xAI, likely worth billions of dollars. More importantly, it immediately monetized one of the company's most impressive accomplishments, turning xAI from a consumer to a provider of compute. The Strategic Implications It's tempting to see the arrangement as a shot at OpenAI amid the ongoing lawsuit. But Musk's explanation on X was that xAI had already moved training to a newer data center, Colossus 2, and xAI simply didn't need them both. In the short term, there's an obvious logic at work. xAI's existing products are mostly focused on Grok, which has seen plummeting usage since the image generation debacles earlier this year. The Financial Impact xAI's partnership with Anthropic is likely worth billions of dollars. xAI was valued at $230 billion in its January funding round. CoreWeave, which oversees a comparable quantity of computing power, is worth less than a third of that. The Industry Context But beyond the short-term benefit, the Anthropic partnership sends an unusual message about where Elon Musk's priorities really lie. It suggests the company's real business may be more about building data centers than training AI models. It's rare to see a major tech company treat compute resources this way when companies like Google and Meta, which are also training models, are building more data centers. The Future Outlook By focusing on data centers (earthbound and otherwise), xAI is positioning itself more like a neocloud business: buying GPUs from Nvidia and renting them out to model developers like Anthropic. It's a far more difficult business, squeezed by both chip suppliers and the shifting cycles of demand. Musk's version of a neocloud is more ambitious, as you might expect. Some of the data centers might be in space — at least by 2035, if things go according to plan.

Ethos, a London‑based AI startup, announced a $22.75 million Series A led by a16z on May 6 2026. The round, also backed by General Catalyst, XTX Markets, Evantic Capital, and Common Magic, will accelerate the company’s voice‑powered onboarding system that aims to deliver higher‑quality expert matches for corporate clients. Voice‑Powered Onboarding Redefines Expert Matching Ethos replaces the traditional form‑filled, title‑based profiling used by platforms like LinkedIn, GLG, and AlphaSights with a conversational interview. Experts answer curated questions via voice, allowing the platform to capture nuanced sub‑specializations and real‑world experience that job titles miss. Experts can be queried on complex criteria, e.g., “find people who worked at a funded startup backed by A‑grade investors solving finance automation.” Clients such as hedge funds, private‑equity firms, AI labs, and consulting groups can search across public data (blogs, papers) and voice‑derived insights. Ethos reports roughly 35,000 new experts joining each week, building a deep, searchable talent graph. Funding Round and Valuation Signals The Series A injects $22.75 million into Ethos, bringing its team to eight full‑time members while it scales its data pipeline. Lead investor: a16z (Anish Acharya highlighted voice as “the original form of human communication”). Participating investors: General Catalyst, XTX Markets, Evantic Capital, Common Magic. Revenue model: 30%+ per‑project fee; the company is on track for an eight‑figure annualized revenue run‑rate. Strategic Implications for the Expert‑Network Landscape By capturing richer signals, Ethos challenges legacy platforms that rely on shallow job‑title data. The voice interview approach creates a more granular knowledge graph, aligning with AI labs that are mapping every economically valuable occupation. Potential to attract AI‑driven professional services in law, health, finance, and management. Competitive edge over conversational‑AI interview tools like Listen Labs and Outset, which focus on interview automation rather than expert network depth. Provides a data moat as public sources (blogs, academic papers) are combined with proprietary voice‑derived insights. Growth Trajectory and Market Outlook Ethos aims to keep its core team compact while scaling its expert pool and client base. The influx of capital will support: Expansion of voice‑capture infrastructure and AI matching algorithms. Targeted outreach to high‑value corporate clients and AI research labs. Further integration of external data sources to enrich expert profiles. Analysts expect the voice‑first model to set a new standard for expert networks, especially as enterprises demand more precise skill‑based matches. If Ethos sustains its weekly onboarding rate, the platform could reach a critical mass that forces incumbents to adopt similar AI‑driven profiling methods.

QuTwo's Quantum Leap in Valuation QuTwo, the Finnish AI lab founded by former AMD Silo AI CEO Peter Sarlin, is now valued at €325 million (approximately $380 million) after raising a €25 million ($29 million) angel round. It’s a sign of enduring tailwinds for AI, quantum computing, and sovereign tech, especially for Europe-made companies. The Intersection of AI and Quantum Computing QuTwo’s name is a nod to quantum computing, but it hasn’t gone all in on quantum. Its core product, QuTwo OS, is an orchestration layer that directs tasks to classical, quantum, or hybrid architectures — with the idea that enterprise use cases are often best served by “quantum-inspired” computing, which uses classical chips to simulate quantum behavior on more reliable hardware. Enterprise AI as the Primary Focus Enterprise AI will be QuTwo’s bread and butter. The company already secured some $23 million in committed revenue thanks to design partnerships with the likes of retail giant Zalando, for which it helped develop AI assistants. “AI is the north star that we will continue to aim for. Quantum is just a new type of compute,” said Sarlin, who is adamant that QuTwo is an AI company. The Funding Strategy QuTwo raised $29 million in an angel round. The company was valued at $380 million post-money. Investors include Yuri Milner, Xavier Niel, Nico Rosberg, Dieter Schwarz, and Niklas Zennström. Growth and Expansion Plans QuTwo recently expanded into Sweden and has been hiring. According to Sarlin, some 50 quantum and AI scientists have joined the team. The company aims to build the globally leading AI company for the next paradigm, given that Europe did not succeed in building the AI company for this era. The Future Outlook With Europe increasingly looking to favor local alternatives to U.S. tech providers, there are tailwinds for AI made in Finland. QuTwo’s connection with IQM is also a reminder that the company believes we are about to enter the quantum era — it just can’t wait. “The question for repeat founders like [us] is how can we have even a larger impact. In the long term, it’s important for Europe that we build the AI company for the next paradigm out of Europe. But, in the short term, we can have a significant impact in driving ambitious R&D; moon shots in Europe,” Sarlin said.

SAP announced a €1 billion investment over four years in Prior Labs, an 18‑month‑old German AI startup, to launch a specialized AI lab for structured data. The deal, pending regulatory approval, underscores SAP’s strategy to build AI capabilities tailored to tables and databases that power its core enterprise software. SAP's €1 billion commitment to Prior Labs creates a dedicated AI lab for structured data The acquisition will integrate Prior Labs’ tabular foundation models (TFMs) into SAP’s product stack, including SAP Business Data Cloud and the beta Joule Agents platform. SAP plans to keep the open‑source versions of Prior Labs’ models, ensuring research velocity while providing a direct path to productization. Acquisition announced: 2026‑05‑05 Investment horizon: four years (€1 billion / $1.16 billion) Founders receiving cash: over $500 million upfront Prior Labs founded: 18 months ago in Freiburg, Germany Financial scale of the deal and prior funding milestones The exact purchase price was not disclosed, but sources describe the transaction as “almost all cash.” Prior Labs previously raised $9.3 million in a pre‑seed round led by Balderton Capital. By comparison, rival German AI firms have secured far larger rounds, such as Fundamental with a $255 million Series A. Prior Labs model downloads: 3 million+ (open‑source TabPFN series) SAP’s prior AI investments: Anthropic, Aleph Alpha, Cohere Potential cash outlay for founders: > $500 million Strategic implications for SAP and the enterprise AI landscape By focusing on TFMs, SAP aims to fill the gap between large language models and the structured data that underpins ERP, finance, HR, and procurement systems. The move also signals a defensive posture: SAP’s API policy now prohibits unauthorized AI agents, allowing only “SAP‑endorsed architectures” such as its own Joule Agents and Nvidia’s Agent Toolkit (enabling the upcoming NemoClaw agents). Creates a European‑based, open‑source AI frontier for structured data Strengthens SAP’s control over ecosystem agents, contrasting with Salesforce’s more permissive approach Aligns with Nvidia’s enterprise‑grade agent toolkit, enhancing security and compliance What the next 12‑18 months could look like for SAP’s AI roadmap Analysts expect SAP to roll out TFM‑powered features across its core modules by late 2027, leveraging the SAP AI Core and SAP Business Data Cloud. The partnership with Nvidia suggests accelerated deployment of NemoClaw agents, while the strict API policy may limit third‑party innovation unless explicitly endorsed. If the lab delivers on its promise, SAP could regain investor confidence and stabilize its stock, which has been volatile amid the so‑called “SaaSpocalypse.”

The Funding Boost Sierra, an AI startup founded by Bret Taylor, has secured a $950 million funding round led by Tiger Global and GV. This investment pushes the company's post-money valuation above $15 billion, giving Sierra over $1 billion to further develop its AI-powered customer experience platform. The Rapid Growth Trajectory Sierra has experienced rapid growth, expanding from four design partners a couple of years ago to over 40% of the Fortune 50 as customers. The company's platform handles billions of interactions across various sectors, including mortgage refinancing, insurance claims processing, and nonprofit fundraising. The Financial Momentum Sierra hit $100 million in annual recurring revenue (ARR) in late November. The company reached $150 million in ARR in early February. The Enterprise AI Landscape The funding reflects the urgency enterprises feel about deploying AI and the costs associated with it. Bret Taylor, who also serves as chairman of OpenAI and was formerly co-CEO of Salesforce, believes that the best-case outcome for agentic AI is lower costs and higher revenue for clients. The Future of AI-Powered Platforms Sierra is expanding its platform capabilities beyond customer-facing agents with the launch of Ghostwriter, an 'agent as a service' tool that autonomously creates and deploys specialized agents. This move aligns with Taylor's thesis that the future of enterprise software is one where people never need to navigate complex systems. The Prediction With this significant funding and rapid growth, Sierra is poised to become a leading player in the enterprise AI market, setting a new standard for AI-powered customer experiences and potentially transforming how businesses interact with their customers and manage internal processes.

Amazon Unveils 'Amazon Supply Chain Services' to Compete with Legacy Giants Amazon is aggressively expanding its logistics dominance by opening its global network to third-party businesses. The launch of Amazon Supply Chain Services marks a significant shift from an internal operational tool to a standalone B2B platform, directly challenging legacy shipping giants like UPS and FedEx. Transforming Internal Infrastructure into a Global B2B Platform The new service allows businesses of all sizes to access Amazon's freight, distribution, fulfillment, and parcel shipping capabilities. Unlike previous tools reserved for third-party sellers, this offering is designed for broader enterprise adoption, specifically targeting sectors such as healthcare, automotive, manufacturing, and retail. Strategic Client Acquisition: Major Enterprise Sign-ups To validate the service's potential, Amazon has secured high-profile partnerships. Major corporations including Procter & Gamble, 3M, Lands' End, and American Eagle Outfitters have already committed to the platform. This move signals a strong demand for Amazon's logistics intelligence and scale outside of the e-commerce retail space. The 'AWS Model' for Physical Logistics The launch represents a direct threat to the traditional logistics industry. By adopting the 'infrastructure-as-a-service' model pioneered by Amazon Web Services, Amazon is commoditizing its logistics network. This allows businesses to outsource complex supply chain management to Amazon, much like they outsource computing to AWS, effectively turning Amazon into a utility provider for global trade. A New Era of Logistics Consolidation We can expect a wave of consolidation in the logistics sector as more enterprises migrate to Amazon's integrated ecosystem. As Amazon continues to lower costs through its massive scale, it will likely force UPS and FedEx to innovate or risk losing their largest corporate clients to Amazon's all-encompassing fulfillment network.

Diplomatic Tensions Rise Over Detention Spanish Prime Minister Pedro Sanchez has demanded the release of a Spaniard who was detained during a recent aid flotilla operation in Gaza. Sanchez made the call during a conversation with Israeli Prime Minister Benjamin Netanyahu. Background on the Aid Flotilla Incident The aid flotilla, aimed at delivering humanitarian assistance to Gaza, was intercepted by Israeli forces. The incident resulted in the detention of several individuals, including the Spaniard in question. The Humanitarian Context Gaza has faced significant humanitarian challenges, including a blockade and military operations. Aid flotillas have been a recurring attempt to deliver assistance to the region. Spain-Israel Relations The detention has strained relations between Spain and Israel. Sanchez's government has been vocal about its concerns regarding human rights and the treatment of detainees. Potential Diplomatic Fallout The situation may lead to further diplomatic tensions between Spain and Israel, potentially affecting cooperation in areas such as trade and security. Next Steps It remains to be seen how Netanyahu will respond to Sanchez's demands. The international community is closely watching the developments, with many urging restraint and respect for human rights.

The Lead: Dating's New Social FrontierFor many young people, the dating game has become a thankless task of endless swiping and ghosting, with little hope of finding meaningful connections. As dating apps fall out of favor and a relationship recession looms, singles across England and Wales are discovering a refreshing alternative: talking up their pals to strangers at 'Date My Mate' events.The Event Details: Friend-Powered Matchmaking Takes Center Stage'Date My Mate' events involve pitching a friend to a room of singles, and they're gaining momentum across England and Wales. The night unfolds like a reality TV dating show, where participants are welcomed with a free drink token and a sticker branding them as either a 'date' or 'mate.' The 'mates' have a loosely enforced three-minute time slot to hype their single friend using a presentation projected on a screen.'We've hit a cultural nerve,' said Emily Churchill, who hosts the event in London. 'Single people are sick of swiping, they want real human connection.' What started as a one-off for Valentine's Day earlier this year—selling out in less than 48 hours—has become a recurring series where tickets now sell out within five minutes.The Data Analysis: Declining App Usage and Rising AlternativeThe shift away from dating apps is backed by data. According to a report published by Ofcom in 2024, the number of people using the top 10 most popular dating apps had declined by 16% since the previous year. Research reveals that rather than aiding the search for love, dating apps are designed to be addictive, creating an illusion of choice that ultimately leads to frustration.'It's the saturation of the market,' said Bruna Dalla-Vecchia, 26, who attended a recent event. 'There's far too many people, there's the illusion of choice. They get you to go and pay your premium memberships and you don't really make any meaningful connections.'The Impact Analysis: Changing the Dating LandscapeThese events represent a significant shift in how young people approach dating, moving away from the digital realm to more authentic human connections. The format offers a fun alternative to traditional singles mixers, with participants noting that the structured approach reduces the pressure of approaching strangers.'The dating event structure of going to speed dating is just so intense,' said Sophie Lord, who hosts an LGBTQIA+ Date My Mate event in Cardiff. 'It's really fun to go to regardless of whether you meet someone, instead of feeling like you're in an interview with people.'Although the aim is to combat app fatigue, the presentations often resemble online profiles, listing attributes including height, profession, 'red flags' and 'green flags.' Some presentations even include humorous elements, like embarrassing tweets from 2018 or video testimonials from family members.The Prediction: The Future of Social DatingAs these events continue to grow in popularity, we may see a broader trend toward more socially-driven dating experiences that combine the convenience of curated information with the authenticity of in-person interaction. The gender disparity in participation—mirroring online dating where men are represented more than women—presents an interesting challenge that organizers are addressing through targeted outreach and reserved tickets.For shy individuals like Dalla-Vecchia, these events offer a comfortable middle ground: 'You never know if they're taken or not. This is a good way of being a bit playful about it and taking the stress out of it.' As the dating landscape continues to evolve, the success of 'Date My Mate' suggests that the future of connection may lie not in algorithms, but in the people who know us best.