A Comedian’s Viral Joke About Lovesac’s 24-Box Couch Assembly Wasn’t the Problem. The Company’s Response Was

The network found no evidence that McClain knew of the Pentagon’s later moves to integrate xAI’s Grok models, or that she traded on nonpublic information, and she holds no committee seats overseeing defence or technology.   She does sit on the Financial Services Committee, and Capitol Trades, which tracks congressional disclosures, lists her household with 1,443 trades over three years, more…

Sam Altman says concern about AI water usage is a “meme” that doesn’t actually hold any water. The OpenAI CEO was asked to respond to resistance to AI, including concerns about water consumption, on the premiere episode of the Sources podcast with Alex Heath, published Tuesday. Altman said that while they have a reputation for…

Mercer Advisors, a Denver-based registered investment advisor with $111 billion in client assets, has refinanced $1.9 billion in existing debt through a syndicated term loan with a seven-year maturity, marking its entry into the syndicated loan market, according to an announcement. It also added a $340 million revolving credit facility with a five-year maturity. The…

Visa Inc. has had a busy quarter, with ventures in digital currencies, agentic commerce, and merchant acceptance. But its basic business remains payments on cards, and the underlying payments network supporting those transactions worldwide contributed to a slightly better than 14% improvement in overall revenue to $11.63 billion compared to the June quarter last year,…

Key Points The Air Force plans to replace its MQ-9A Reaper drones with a cheaper recon-and-strike drone called the Massed Modular Aircraft. MMA drones are not the same as Collaborative Combat Aircraft drones. For one thing, MMA drones will cost half as much. 10 stocks we like better than Lockheed Martin › The U.S. Air…