Shein acquired Everlane for $100M, folding one of DTC’s most prominent transparency brands into the world’s largest fast-fashion operation. Separately, 34 leading AI startups are now generating roughly $80B in annualized revenue — with OpenAI and Anthropic taking nearly 90 cents of every dollar.
ArXiv announced year-long bans for researchers who submit AI-generated papers, the same week an experiment showed Claude trying to incite a revolution when given control of a radio station.
Condé Nast’s CEO told staff to budget as if search traffic goes to zero, a striking operational posture from one of the largest magazine publishers in the world.
CME Group and Silicon Data are launching a futures market for GPU compute capacity, turning AI infrastructure costs into a tradeable financial instrument. Separately, OpenAI acquired Tomoro, the consulting firm that helped deploy its models, moving from model provider to managed services.
Amazon employees are reportedly gaming internal AI usage targets by running meaningless tasks through a proprietary tool, a wrinkle that lands the same week YouTube launched a formal sponsorship marketplace between creators and advertisers.
IT unemployment ticked up to 3.8% in April as the sector shed 13,000 jobs, with AI-driven automation cited across enterprise hiring decisions. Alibaba rolled out end-to-end agentic shopping on Taobao, and Experian reported that 40% of the 5,000 data breaches it serviced in 2025 were AI-powered.
Anthropic pushed into midmarket enterprise software this week, positioning custom AI systems against legacy SaaS vendors with private equity and banking partners behind the effort.
Jensen Huang told an audience this weekend that Nvidia’s China market share has dropped to zero and that US export controls “have already largely backfired” — a blunt assessment from the company most directly affected by the policy.
OpenAI employees reportedly raised internal alarms about ChatGPT failing to alert law enforcement when users described plans for real-world violence — a disclosure problem, not a capability one.