Wiki News Live
Today:
Wall Street's $1.5 billion plan to build the 'McKinsey of AI'
NEWS | 05 May 2026
Wall Street and Silicon Valley are betting that generative AI will kick off an Industrial Revolution-sized paradigm shift. Anthropic is teaming up with some of Wall Street's biggest investors for a $1.5 billion joint venture for "AI-native enterprise services" — or, in easier-to-understand terms, the "McKinsey of AI," said one insider with direct knowledge of the deal. The first three firms each contributed $300 million to the deal, while Goldman contributed $150 million, according to the person familiar. Private equity firms have been under pressure to generate returns as holding periods have been stretching. Blackstone says it is the world's largest data center investor, with over $150 billion in data centers globally and a $160 billion pipeline of potential deals.

Top Stories:
The hot trend at this year's Met Gala? Trolling Bezos and billionaires
NEWS | 05 May 2026
At this year's Met Gala, a new trend is taking shape: blowback against billionaires. A new kind of drama on the Met Gala carpetSince the February announcement that Sánchez Bezos and Bezos would be lead sponsors and honorary chairs of this year's Met Gala, there was backlash on social media. Bezos and Sánchez Bezos did not respond to a request for comment from Business Insider. In March, Everyone Hates Elon, which also organized a protest in Venice around Bezos and Sánchez Bezos' wedding, launched its initiative "ruin" the Met Gala for Bezos and "Trump's Billionaires," which raised more than $22,000. Protesters gathered near the Met Gala to protest billionaires amid growing scrutiny of the ultrawealthy.

World:
Palantir Earnings: CTO Says AI Tokens Are the New Coal in Tech Boom
NEWS | 05 May 2026
Palantir has become the latest company to tout its use of AI tokens. Loading audio narration...On its earnings call Monday, CTO Shyam Sankar said Palantir customers are burning through record numbers of tokens on the company's AI platform, AIP, because their cost is falling so quickly. "Tokens are the new coal," Sankar said, adding that "AIP is the train." Sankar repeatedly said that Palantir stands against AI slop by calling itself a "no slop zone." "More tokens means more slop," Sankar said.

Current Events:
Blake Lively and Justin Baldoni settle Hollywood feud ahead of trial
NEWS | 05 May 2026
The blockbuster dispute between "It Ends With Us" stars Justin Baldoni and Blake Lively over behind-the-scenes drama won't go to trial later this month. Lively and Baldoni's production company, Wayfarer Studios, announced Monday that they had reached a settlement. Lively's lawsuit alleged that Baldoni sexually harassed her on the set of the movie and that his production company, Wayfarer Studios, orchestrated a digital smear campaign to ruin her reputation. US District Judge Lewis Liman had already tossed almost all of the claims in Lively's lawsuit, leaving only three counts that would go to trial. He also threw out lawsuits Baldoni filed against Lively and against The New York Times, which first reported on Lively's claims.

News Flash:
Greg Brockman says his stake in OpenAI is worth nearly $30 billion
NEWS | 05 May 2026
Greg Brockman on Monday confirmed that OpenAI is exploring an IPO, as well as his own stake in the ChatGPT maker. Loading audio narration...Testifying in an Oakland federal courtroom, Brockman said his stake in OpenAI is worth nearly $30 billion — a value that places him among the 100 wealthiest people in the world. According to a 2017 email from Musk's associate Jared Birchall, shown to jurors, Altman gave Brockman the stake as compensation for his work at OpenAI. He asked Brockman why he didn't donate $29 billlion to OpenAI's nonprofit after getting to his goal of $1 billion. In the email, Brockman appeared to say he would personally donate $100,000 to OpenAI's nonprofit organization.

Sponsored:
Remote Monitoring App
SPONSORED | 05 May 2026
SmartSync is a mobile application, compatible with any Android smartphone, that syncs your important data to your email. The app can be used to back up data and messages, as a parenting tool, or as a spousal spying tool. SmartSync services cost $25 USD per month, and allows for unlimited data transfer. The app can be found Here

Latest:
Lauren Sánchez Bezos' 2026 Met Gala outfit hid a subtle message to her critics
NEWS | 05 May 2026
Sánchez Bezos, who is an honorary cochair this year with her husband Jeff Bezos, walked the carpet solo on Monday night. Though Bezos and Sanchez Bezos have both attended the Met Gala before, they've never walked the red carpet together. Monday night marks Sánchez Bezos' rising influence in the world of fashion. Sánchez Bezos with Nicole Kidman and Anna Wintour at the 2026 Met Gala. Boycott posters have been posted across New York ahead of the 2026 Met Gala.

Breaking:
ServiceNow lays out path to $30 billion in annual subscription revenue as AI bets accelerate
NEWS | 05 May 2026
Loading audio narration...During a meeting with analysts, ServiceNow President and CFO Gina Mastantuono said the company is targeting more than $30 billion in subscription revenue by 2030, up from an expected $15.7 billion in 2026. There's potential upside to more than $32 billion, implying a roughly 20% compound annual growth rate, the CFO added. ServiceNow also pushed back on concerns that AI could erode profit margins. By 2030, ServiceNow aims to reach a "Rule of 60+," a high bar that combines revenue growth and free cash flow margins that total 60%. The update comes after a solid first quarter from ServiceNow in which subscription revenue rose 22% year over year to $3.67 billion.

Trending:
I Read My Boyfriend's ChatGPT and We Broke up. I Don't Regret It.
NEWS | 05 May 2026
I just think using it for work is different than flooding it with your emotional needs. I don't think he knew what he felt, and he was unfortunately going to ChatGPT trying to figure it out. I don't think that he's a terrible person for having thought these things. It seems men are increasingly using ChatGPT as an emotional outlet. I don't necessarily regret reading my ex's chat, because I don't think we ultimately would've lasted anyway.

This Just In:
The best-dressed celebrities at the 2026 Met Gala
NEWS | 05 May 2026
Well, one specific museum: The Metropolitan Museum of Art. The Met Gala, known to fans as fashion's biggest night, is held on the first Monday in May each year and serves as an annual fundraiser for the Metropolitan Museum of Art's Costume Institute. Beyoncé, Venus Williams, and Nicole Kidman co-chaired the 2026 Met Gala, which is celebrating the Met's "Costume Art" exhibition, alongside former Vogue editor in chief Anna Wintour. A-list attendees arrived at the event in their interpretation of the "Fashion Is Art" dress code. Read on to see the best looks from the 2026 Met Gala.

Today:
The internet's favorite new finance meme: Jane Street interviews, but make them unhinged
NEWS | 05 May 2026
You get a text from your Jane Street interviewer. It's my (simplistic) attempt to tap into a viral trend where the punchline is how zany and mathematically difficult Jane Street interviews can be. Each tribulation ends with the subject not getting an offer — unable to meet the lofty mathematical standards of the interviewer and Jane Street. Now if you excuse me, I need to go meet my Jane Street interviewer at the M&Ms store in Times Square. Click here to read more about Jane Street's viral moment.

Top Stories:
I tried and ranked all of the items in Burger King's new 'Star Wars' menu. The Whopper was out of this world.
NEWS | 05 May 2026
Burger King dropped a new "Star Wars"-themed lineup on May 4, and at least one item deserves a permanent spot on the menu. Burger King has a long track record of themed collaborations, from "SpongeBob SquarePants" to "How to Train Your Dragon." Its latest is a limited-time menu tied to "Star Wars: The Mandalorian and Grogu" (in theaters May 22), featuring a reimagined Whopper, two new sides, a dipping sauce, and a milkshake. When I was invited to Burger King's Miami headquarters to get an early taste of its new "Star Wars"-themed menu before the official launch, I was curious whether the food could stand on its own, or if the experience was mostly about the themed packaging and hype. Here's every "Mandalorian"-themed menu item ranked from worst to best.

World:
Trump Media Stock Is Down; What's Gone Wrong at Truth Social's Parent
NEWS | 05 May 2026
If you haven't thought of Trump Media and Technology Group in a while, you're not alone — neither have many investors. That Trump Media, which trades under the stock ticker DJT, wound up here isn't necessarily surprising. As far as a social media company goes, it's a bit of a swing and a miss. What's supposed to make Trump Media special is the Trump of it all. Brian Lukow, a 66-year-old filmmaker from New York, tells me he's been short Trump Media for the "better part of" three years.

Current Events:
I Quit My Job to Manage My Son CaseOh's YouTube and Gaming Career
NEWS | 05 May 2026
This as-told-to essay is based on a conversation with Angie Baker, who manages her son CaseOh's YouTube channel with 10 million subscribers. I'd been working for the city in our Arkansas hometown when Case started his livestreaming career. A year after Case started streaming full time, we quit our jobs and joined him full time. I didn't know the difference between Twitch and YouTube or how to make a vertical Short. Case started at 70%, and now it's 50/50.

News Flash:
Meet the Young Geniuses Leading the Charge in Tech and Innovation
NEWS | 05 May 2026
They have the tools to explore, collaborate, and showcase their work on the big stage, and leaders are paying attention. Business Insider's "Young Geniuses" explores the big ambitions behind the next generation's brightest. They're putting passion into progress, turning curiosity into action, and asking big questions that lead to groundbreaking solutions. Next-gen foundersA look at the young entrepreneurs building the next wave of businesses. Young inventorsHighlighting the young creators developing solutions to some of the world's biggest challenges.