Show Notes
As cannabis prices crash around the country, struggling cannabis companies with big industrial buildings outfitted with power, fiber, water and HVAC systems thought they had a golden ticket to the AI race. But moratoriums, NIMBYISM and power constraints crushed most of their dreams.
Read the full story on Forbes: https://www.forbes.com/sites/willyakowicz/2026/10/21/inside-the-weed-industrys-ai-data-center-pipe-dream/ Learn more about your ad choices. Visit megaphone.fm/adchoices
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Anthropic filed for its blockbuster IPO on Monday, bringing the AI behemoth closer to what could be the largest public debuts in stock market history. The 335-page filing revealed the Claude maker generated around $16.3 billion in revenue for the first half of the year, up from $1.2 billion a year earlier, but incurred a $80.7 billion net loss for the first half of the year (most of which is due to a non-cash accounting charge). The company touts more than 300,000 enterprise customers, 250 of which spend over $10 million on Anthropic’s products every year. It plans to list under the ticker symbol “ANT” and is on track to go public as soon as mid-November.
This summer represented a bit of a changing of the guard on the soccer pitch, as exemplified by Spain’s winger Lamine Yamal, who hoisted the World Cup trophy at age 19 by beating Argentine legend Lionel Messi—the very man who had bathed him when he was an infant for a now-viral photoshoot in 2007.
Elon Musk on Monday announced he plans to give every child in America one share in his aerospace and AI company SpaceX next year, shortly after he criticized rival Anthropic’s plan to pledge 5% of its shares to a public benefit fund and urged the company to distribute its shares directly to the public.
Tyler Shultz, a former Theranos employee who blew the whistle on the ill-fated biotech company, alleged its founder and convicted fraudster Elizabeth Holmes “misled” Nathan Fielder about the technology her company developed in a key scene in his new documentary, “You Can See Everything.”
The Chinese-owned social network has run dozens of ads promoting the sale of counterfeit currency. One even directed users to a Telegram account offering a discount code for 10% off fake money: “TikTok10.” Learn more about your ad choices. Visit megaphone.fm/adchoices