Sam Altman’s Worldcoin ($WLD) has lost about 98% of its value, turning a $100,000 investment at its peak into roughly $2,000.
The project’s “Orb” device, which scans irises in exchange for tokens, raising concerns about permanent biometric data collection and consent—echoed by Edward Snowden and researchers like MIT. It highlights regulatory pushback and bans across multiple countries. Some are pointing out that the project’s team of selling large amounts of tokens while supply increases, contributing to price decline, and portrays broader ethical and legal concerns around the project.
Apple $AAPL is not investing money into AI like the other mega cap companies.
Source: Evan, Leverage shares
The cracks inside OpenAI are deepeningn and the numbers don’t lie. When your own CFO raises concerns, it’s a serious signal.
Here’s what is happening: missed user and revenue targets, while ChatGPT rapidly loses share to Google’s Gemini. Sarah Friar has reportedly warned about funding future compute and pushed back on Sam Altman’s aggressive IPO timeline. Meanwhile, massive data center commitments could burn hundreds of billions before profitability, even after record fundraising. Now the board is questioning spending, and legal pressure from Elon Musk is building. A company valued at $852B—but facing real financial and strategic risks. Source: The Assembly; Chartr
Young talents, don't believe all the negative headlines of AI killing jobs for graduates. Unemployment rate for 20-24 years in the US is actually plummeting...
Source: BofA
Yesterday was all about the OpenAi missed targets story. OpenAi ecosystem has underperformed the Google AI ecosystem (-45%) aggressively since the end of January.
Source: RBC, Bloomberg
OPENAI MISSED '25 REV TARGET FOR CHATGPT: WSJ
Wow. OpenAI not only missed their 2025 revenue target, but they also missed their goal of reaching 1B weekly active users according to WSJ CFO Sarah Friar also reportedly told company leaders that she’s worried the company won’t be able to meet their spending commitments if revenue doesn’t grow faster. “OpenAI missed an internal goal of reaching one billion weekly active users for ChatGPT by the end of last year, according to people familiar with the goals. The company still hasn't announced that milestone, unnerving some investors. It also missed its yearly revenue target for ChatGPT as well after Google's Gemini saw massive growth late last year and ate into OpenAI's market share, the people said. The company has also struggled with defection rates among subscribers, according to people familiar with those figures.” Source: Bloomberg, Negligible Capital, WSJ, B,oomberg
Goldman: We estimate that AI investment will drive roughly 40% of S&P 500 EPS growth this year, and just a few Tech stocks have driven the majority of recent index EPS revisions.
Our EPS forecasts this year and next are close to the top-down strategist consensus. Risks to our forecasts are two-sided, but AI skews those risks to the upside. Source: Neil Sethi
OpenAI has long been the leader for paid usage by U.S. businesses, but Anthropic has closed the gap with tools like Claude Code and Cowork 🤖
This graphic explores the share of U.S. businesses paying for AI models from different providers, with the data from Ramp. Source: Visual Capitalist
