MetaPlanet Inc was formerly a minor Japanese hotel chain. At the start of 2024 it had a market capitalisation of ¥2.9bn (£15mn), quarterly revenue of ¥82.2mn (£400,000), and a stock price of ¥17 (8 pence). Yet by June of this year, its market capitalisation had risen by nearly 600% to ¥1.8tn (£9bn). This impressive feat […]
On September 9th the US Supreme Court agreed to hear an appeal in V.O.S. Selections Inc. v. Trump. The Court will decide if the tariffs imposed by President Trump under IEPEA—which covers most tariffs, except for certain sector-specific levies—are unlawful. It is uncertain whether the Supreme Court will side with President Trump, but an upset
Character.AI has a not-at-all disturbing business model: it provides AI models that pretend to be your friend. With that vision, it has grown to a $1 billion valuation, 9 million daily users and is available globally. It is also the subject of multiple lawsuits from families alleging that their children have suffered real world harms
Can I sue my AI friend if they make me depressed? Read More »
