Wealth managers cut fees to win AI’s paper millionaires
2 sources·Updated August 13, 2026
Covered by 2 sources
- Bloomberg Opinion·2h agoWhen Texas Cools on AI Data Centers, Big Tech Has a Problem
Artificial intelligence is having a riotous summer. Models developed by the likes of Anthropic PBC and OpenAI have escaped testing sandboxes and in some cases then hacked into other systems. The politics of AI are similarly in revolt, jumping from debates about data centers to a…
Read at Bloomberg Opinion → - Financial Times·7h agoWealth managers cut fees to win AI’s paper millionaires
The rise of equity-rich tech workers at Anthropic and OpenAI is shifting negotiating power towards clients
Read at Financial Times →