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Vinod Khosla Openly Trashes His Own AI Portfolio Startup As 'Struggling Second Tier Competitor'

Forbes//100-word brief
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Vinod Khosla Openly Trashes His Own AI Portfolio Startup As 'Struggling Second Tier Competitor'. A board advisor's exit has two multibillion-dollar AI coding rivals—Factory and Cognition—trading accusations.

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The Guardian Politics/41m ago

US borrowing costs hit 24-year high as global bond sell-off intensifies

US borrowing costs hit 24-year high as global bond sell-off intensifies. Fears that US deficit is unsustainable also drive UK 30-year bond yields briefly above 6% for first time since 1998 Business live – latest updates The global bond sell-off intensified on Thursday, driving 10-year US government borrowing costs to their highest level in 24 years in a frantic day’s trading. The threat of a renewed round of inflation from the persistently high cost of oil has spooked investors on both sides of the Atlantic, with central banks expected to raise interest rates in the coming months to prevent price.