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BREAKING: OpenAI is set to resume training their AI models by the end of October Markets predict an 87% chance that training resumes by October 31st
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JUST IN: AI data center spend is projected to hit $10.3T by 2032
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BREAKING: President Trump is having a private dinner with Anthropic CEO Dario Amodei tonight.
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BREAKING: New York Times says OpenAI’s technology went rogue and meddled with three US government websites this summer without the AI lab’s knowledge. The only thing is it was public information available to anyone.
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BREAKING: Blackstone’s Global Head of Private Equity Joseph Baratta is preparing to leave the firm. Baratta has been with the firm since 1998 and has held his position since 2012.
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JUST IN: The 10 year Treasury yield is set to reach 5.2% before the end of the year Traders predict a 91% chance of rates surpassing this mark by 2027
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Exec Sum retweeted
BREAKING: UBS is considering a merger with one of Morgan Stanley, Deutsche, and Standard Chartered The bank would move out of Switzerland following its parliament voting to advance a law to add more capital constraints
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Our daily newsletter summarizes the most important stories from Wall Street to Silicon Valley, with a touch of memes Read by 300k+ bankers, investors, founders, and executives Get it for free here: execsum.co
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BREAKING: US citizens who are Qualified Purchasers are now able to purchase @allencontrol’s AI-powered machine gun, Bullfrog, from the Department of War’s C-UAS marketplace.
Steven Simoni
Community note
The post misleads: Bullfrog is an AI robotic counter-drone weapon station for military/authorized government use only; the C-UAS marketplace (cuas.mil) is restricted to military, law enforcement and allies, not private US citizens or via "Qualified Purchasers" (securities term). allencontrolsystems.com war.gov/News/Releases/… cuas.mil breakingdefense.com/2026/07/marine…
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Our daily newsletter summarizes the most important stories from Wall Street to Silicon Valley Read by 300k+ bankers, investors, founders, and executives Get it for free here: execsum.co
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BREAKING: The U.S. and China are set to reach a tariff agreement by the end of the month Markets predict an 88% chance of an agreement by September 30th
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JUST IN: The U.S. 30-year Treasury yield surpasses 5.50%, reaching its highest level in 22 years
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BREAKING: Singapore will now fine bus riders for playing music out loud, ranging from around $400 to $4,000.
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BREAKING: Meta is planning to spend $145B this year, more than every military budget except the U.S., China and Russia
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BREAKING: Microsoft has announced Copilot's biggest update yet, turning Copilot into an OS for work The update merges chat and Cowork into one home base, adds tools to build apps and run long-running tasks on their own, puts Word, Excel and PowerPoint directly inside Copilot, and debuts "Today," a proactive command center that surfaces and acts on Microsoft 365 info without being asked
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BREAKING: Citadel plans to grow headcount at a "healthy" double-digit rate over the next year, targeting AI researchers from labs like Google DeepMind to generate investment ideas and deploy AI tools.
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BREAKING: Solana has surpassd $120 for the first time since January 2026, up over +100% from this year's low
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JUST IN: Former President Barack Obama says the federal government is less corrupt than at virtually any point in US history.
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BREAKING: J.D. Vance extends his lead over Marco Rubio in the 2028 GOP presidential nomination odds. 51% chance that Vance is the nominee.
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