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California business owners ‘working for peanuts’ as costs, record gas prices and regulations devour profits
California "sticker shock" is mounting for the state's small business owners, but one restaurateur and their multi-billion-dollar lender explain why they're not walking away — yet.
I was bought out of the family business for $160,000. My relatives each made $3 million when it sold. Was I cheated?
‘Was I cheated?’
Wellgistics Health and Datavault AI to Form DelivMeds AI via PharmacyChain™ License Expansion and Acquisitions of QOLPOM Biometric Health Data and Drone Logistics IP and Majority of Tollo Health
Formation of DelivMeds AI, Inc. (ticker reserved: NASDAQ:MEDS), with an expected approximate combined asset value of $4 billion, is subject to…...
Senators think they hold the key to a college athletics bill demanded by Trump
The Senate’s key negotiators are talking daily on how to clinch a deal to help regulate a beleaguered, multibillion-dollar industry.
WHO expert: ‘Declaring climate change a global public health emergency would be a turning point’
Air pollution, heat waves and infectious diseases: climate change is a health crisis that requires action now to save millions of lives, warn scientists and former health ministers.
May 20, 2026: The political unknown shaking up the GOP primary for governor; climate-proofing Denver's urban trees; what's wrong with the 'tree of heaven'
Victor Marx has millions of followers online but is a new face in Colorado politics
Republican Primary for Georgia Governor Will Go to a Runoff
The state’s lieutenant governor, Burt Jones, will face a billionaire health care executive, Rick Jackson, on June 16 to decide the party’s standard-bearer to succeed Gov. Brian Kemp.
Rousey's return draws US-record MMA viewership for Netflix
The first live MMA event broadcast on Netflix — featuring a double-comeback bout between Ronda Rousey and Gina Carano — attracted the most U.S. viewers in the sport's history. Netflix and Jake Paul’s Most Valuable Promotions reported on Tuesday that Saturday's event in Inglewood, California, drew as many as 17 million viewers worldwide, including a peak of 11.6 million in the U.S. The U.S. figure surpassed the previous MMA record of 8.8 million in 2011 for UFC on FOX 1.
Three men headed to prison for $2B healthcare fraud – but kingpin is in the wind
Three men are headed to prison for their roles in an elaborate international scheme to con health insurers by sending $2 billion of phony telemedicine prescriptions – but the plot's alleged kingpin...
Wyoming’s plan for $205M in Rural Health Transformation funds approved
The plan doesn’t include a perpetuity fund. It was meant to stretch out more than a billion federal dollars for decades to come. Instead, Wyoming will spend the funds this year on sustaining basic care.
Can you trust that post about Tom Steyer? How paid influencers are flooding into the governor's race
Billionaire Tom Steyer is paying influencers to boost his California governor campaign. State law requires they disclose it, but offers little accountability
Seminole County approved indoor sports complex expected to generate $2.4B
Seminole County commissioners have approved plans for a new indoor sports complex that officials say could generate an estimated $2.4 billion in economic impact over the next 30 years.
Paducah Sports Park to host first tournament in new facility this weekend
Crews are still finishing parts of the $65 million complex, but officials say the park is ready to welcome teams beginning Saturday.
Discord enables end-to-end encrypted voice and video calling for every user
Good news! Discord's hundreds of millions of users now have their communications scrambled, so not even Discord can see them.
Affordable Care Act enrollment projected to plunge by 5 million as costs spike, analysis shows
The report found that ACA program enrollment could shrink by more than 20% and that those who remain covered are paying more, with average deductibles growing by over $1,000.
Trump-backed Navy SEAL vet delivers major blow to Massie in fiery GOP primary
Trump targeted GOP critic Rep. Thomas Massie in Kentucky's record-breaking $32 million House primary, backing former Navy SEAL Ed Gallrein to unseat him.
Get Outside with Sports, Fitness, and Plenty of Fun This Summer
There’s no shortage of ways to play in the great outdoors on Florida’s Historic Coast Skimboarding PRO/AM Tournament Florida Skimboarding Pro/Am takes Place on Vilano Beach in St. Augustine Florida August 14-16. Bridge of Lions 5K The Annual 5k Run starts at Castillo de San Marcos, along Matanzas Bay and across the Historic Bridge of Lions takes place on July 11. St. Augustine, FL, May 19, 2026 (GLOBE NEWSWIRE) -- Summer is the perfect time to get outside, stay active, and explore everything Flo
YouTube Worldwide Users Can Use AI To Insert Themselves Into Videos
The Google-owned video platform also now has more three billion users, the company revealed Tuesday.
Google I/O kicks off with reveals on AI models, Gemini product expansion, and agentic features
Google I/O 2024: Alphabet highlights Gemini AI surge (3.2 quadrillion tokens, 900M MAUs), unveils Ask YouTube + Omni Flash video AI.
How political parties took control of the EU Parliament’s bureaucracy — and sparked a staff rebellion
The Parliament’s administrative staff are supposed to be non-political, but unions say that’s not the case.
Blanche defends nearly $1.8 billion 'anti-weaponization' fund
The acting attorney general told lawmakers there will be quarterly reports with information about payout recipients
‘Many billionaires are not happy people’: Michelle Obama talks politics and going ‘a little low’ in first Australian event
Former first lady delivered veiled but sharp remarks on US politics during speaking tour that began in Melbourne
How a power megamerger could lower bills — and still rile affordability politics
Virginia could be a major bump in the road for NextEra's proposed $67 billion merger with Dominion Energy.
New business investing $56 million in Fenton to make plant-based milk
An international food manufacturer is building a new plant in Fenton to make a component of plant-based milk through a new process.
Forget the feed: Status AI raises $17M to turn social media into interactive entertainment
Interactive social media site Status announced Tuesday $17 million in combined seed and Series A funding, with investors including General Catalyst, YC, LightShed Ventures, and Abstract.
Forget the feed: Status AI raises $17M to turn social media into interactive entertainment
Interactive social media site Status announced Tuesday $17 million in combined seed and Series A funding, with investors including General Catalyst, YC, LightShed Ventures, and Abstract.
Businesses face varied futures as Boomers sell, retire
About 6 million small- and medium-sized businesses could be up for sale in the next decade.
Mainstream anime moments create big business opportunities
Anime has gone mainstream in the United States, drawing millions of fans who spend big money on conventions, streaming, gaming, and merchandise. But anime is no longer reserved just for cosplayers. Now, businesses and sports franchises are increasingly tapping into anime culture to grow audiences, strengthen fan loyalty, and create new revenue opportunities.
Renderings Reveal Barclays Center Renovations In Prospect Heights, Brooklyn
Renderings have been revealed for the $150 million renovation of Barclays Center designed by Populous in Prospect Heights, Brooklyn.
The $600 Billion Wake-up Call: New Splunk Research Reveals Downtime is a Systemic Business Crisis
Downtime has become a systemic business crisis that threatens revenue, brand equity and shareholder value.
Science Start-Up Colossal Is Creating an Artificial Womb
Science start-up Colossal is on a mission to make animals “productionized” — getting rid of the need for eggs or wombs. And it’s already worth billions
Lauxera Capital Partners raises a hefty €520M for health, medtech companies
Lauxera Capital Partners has nearly doubled the size of its first funding drive with a €520 million ($605 million) raise for health and medical technology companies. | Lauxera Capital Partners has nearly doubled the size of its first funding drive with a €520 million ($605 million) raise for health and medical technology companies.
Watch live: Rethinking Psychedelic Treatment for America’s Mental Health Crisis
Psychiatry is at an inflection point — and the stakes are high. Mental illness costs the U.S. economy more than $280 billion annually, drives veteran suicide rates, and places mounting strain on ev…
How a power megamerger could lower bills — and still rile affordability politics
Virginia could be a major bump in the road for NextEra's proposed $67 billion merger with Dominion Energy.
Scientists Simulated 30 Million Different Routes To The Moon From Earth And Found The Most Efficient One Yet
Astronauts have been taking short routes to the Moon, but there’s a more efficient way.
Gen Z’s Political Gender Divide Is Now Showing Up in Schools
Young men and women split sharply in 2024. Teachers and students say that rift is reshaping classrooms, friendships and dating.
U.S. Senate to examine sports gambling’s ‘mental health crisis’
Americans wagered a record $165 billion on sports in 2025, while nearly 20 million people reported "problematic gambling behavior."
Millions expected to lose Affordable Care Act coverage as costs spike
Congress’s refusal to continue pandemic-era subsidies for ACA beneficiaries is taking a big bite out of consumers’ pocketbooks.
Steep drop in number of people with Affordable Care Act health coverage, analysis finds
Enrollment in Healthcare.gov and the other marketplaces is plunging by 5 million, the new paper from KFF finds. Last year, Congress failed to make a deal to keep the coverage more affordable.
Jacobs Entertainment teases new additions to Reno's Neon Line District
a once dilapitated portion of downtown reno... Breathing new life after a $400 million investment. And more development could be on the way in the future: (lklv
Most Business Transformations Fail. Here's What Leaders Can Do Differently
/PRNewswire/ -- Companies are investing trillions of dollars in transformation initiatives, yet change efforts continue to fail routinely. The financial costs...
Casino operator Jacobs Entertainment celebrates $400M completion in downtown Reno
Jacobs Entertainment officials were joined Monday by local dignitaries and community leaders to celebrate the completion of J Resort's $400 million, five-year p
Mark Cuban forced to play nice with President Trump after agreeing to be business partners
Billionaire Mark Cuban stood beside Trump at the White House to promote TrumpRx.gov after spending months campaigning against him for Kamala Harris.
Jacobs Entertainment celebrates the completion of Phase One in Downtown Reno
Jacob’s Entertainment is celebrating the completion of Phase One, following a $400 million investment and five years of revitalizing the historic 4th Street in Downtown Reno.
What Flutter Entertainment (FLUT)'s Strong Q1, Leadership Shuffle and Buyback Completion Means For Shareholders
In early May 2026, Flutter Entertainment plc reported Q1 2026 revenue of US$4,304 million versus US$3,665 million a year earlier, alongside lower net income of US$218 million, refreshed full‑year revenue guidance, leadership changes at FanDuel and the international division, and completion of a US$1,241.88 million share buyback program. At the same time, stronger‑than‑anticipated Q1 operating performance, new FanDuel loyalty and product features, and a reconfigured management team sharpened...
Portland groundbreaking pub The Sports Bra seeks to raise $1.2 million in uncommon crowdfunding model
Investors can commit as little as $250 for a stake in the bar that helped cement Portland’s reputation as a women’s hub.
What to know about Trump’s $1.8 billion taxpayer-fueled fund for his allies
The unprecedented lawsuit President Donald Trump brought against the Internal Revenue Service over the unauthorized disclosure of his tax returns years ago has led to an unprecedented arrangement that will make nearly $1.8 billion in taxpayer funds available to allies of the president who say they were unfairly investigated by the government in the past.
Hidden GI struggles in children with autism spark $12.9M Duke-UNC Health study
A Raleigh fourth grader is helping researchers highlight a hidden struggle for many children with autism: chronic GI issues. Duke Health and UNC Health are launching a $12.9 million national study aimed at improving treatment options.
UC faculty and staff rally for state investment in science
UC President James B. Milliken and other leaders urged state lawmakers to pass SB 895, bipartisan legislation that would place a $12 billion bond to fund scientific research across California on the November 2026 ballot.
New renderings released for $250M entertainment district proposed near Louisville Slugger Field
Updated renderings released Friday offer a new look at the proposed $250 million entertainment district planned near Louisville Slugger Field.
Detroit Lions rookie contract details: CB Keith Abney II
A look at the contract details for Detroit Lions fifth-round selection Keith Abney II.
Senate Republican threatens to derail ICE, Border Patrol package over Trump's billion-dollar request
An internal GOP dispute over funding for Trump's ballroom threatens to derail the $72 billion reconciliation package for immigration operations.
New renderings released for $250M entertainment district proposed near Louisville Slugger Field
Updated renderings released Friday offer a new look at the proposed $250 million entertainment district planned near Louisville Slugger Field.
Whoa! Netflix is Sending Narnia Heading to Theaters...What This Means for the Future of Film
(Welcome to the “Most Important Story of the Week”, my bi-weekly strategy column analyzing the most important (but often not buzziest) news story of the last two weeks. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. Please subscribe.) Here’s a funny thing about the debate over whether streamers should release their movies in theaters first: Both sides think the other side represents the “conventional wisdom”. If you’ve been reading me for any amount of time, or even just scanned my front page, you know I think movies make more money by having a robust theatrical window compared to going straight-to-streaming. I’ve published thousands of words on this topic. And for years, I felt like I was standing up to a wave of opposition. See, while the “put your films in theaters to make money” take was obvious at any point before 2019, post-streaming revolution, most of the trendy thinkers took the opposite point of view. Big names argued that Netflix putting their film straight-to-streaming (“S-to-S” from here on out) actually made more money. Netflix was “disrupting” theaters, just as they disrupted Blockbuster Video, and since innovation is always good, this too was a great idea. This thinking then leaked into the mainstream business outlets like the Wall Street Journal and Bloomberg. I read many articles whose take boiled down to “Netflix makes tons of money from S-to-S releases” and “theaters were in structural decline” anyways. Covid-19 shutting down theaters and the 2023 strikes shutting down film production seemingly justified this point of view, as the box office struggled to return to 2017-2019 heights. Yet I’ve also read folks arguing the opposite point: the conventional wisdom says to put films in theaters! From some writers’ points of view, “everyone” actually agrees/agreed with my “send your films to theaters” take—especially the stodgy traditional studios—and folks still didn’t understand Netflix’s genius. I feel like, for the last two years, many people have argued this point as if it’s conventional wisdom. You know what? I may have been wrong. At this point, the “S-to-S strategy makes money” might be the minority viewpoint. Especially with the news this month that Netflix will put at least one film—Greta Gerwig’s Narnia film The Magician’s Nephew—in theaters in 2027 for a full 49-day run is big news. So that’s the story of the week, but I’ll also explain why they’re making this move now and why Netflix may not completely embrace theaters, along with other topics, like how I don’t buy Disney’s “super app” strategy, the latest good news out of the unions, my take on the latest attacks against free speech, and a whole lot more. Let’s get started. Subscribe Most Important Story of the Week - Netflix Goes to Theaters! Listen, I promise not to victory lap too hard today. As I just wrote, I’ve argued against sending films straight-to-streaming for—checks calendar—eight years now. Since 2018. Yikes. That’s a long time. And for years, others painted my thinking as “conventional” in that I was standing up for the status quo against trendy, cool disruption. And that’s not cool! But math is math, and I never could make the S-to-S numbers work. The only thing that ever enabled that model was Wall Street’s brief exuberance for it. It seems like the heads of Netflix now agree with me. (There were always rumors that former head of film for Netflix Scott Stuber argued internally for theatrical releases as well.) As they announced: “The Magician’s Nephew_—the first film in a Narnia series of films—will open on 12-Feb-2027, with a 49 day theatrical exclusive run.”_ I’m a little surprised at how little coverage this big change actually got. Credit to Bloomberg for leading with it and Matt Belloni’s The Town for highlighting it with the provocatively titled podcast “Hell Hath Frozen Over”. But after that? Instead of getting as much coverage as, say, the FCC’s latest egregious crackdown on free speech, this news story got crickets. But it’s massively more important for the future business of entertainment. So let’s start with the obvious question… Why Put Your Movies in Theaters? So…why should Netflix put (some!) of their movies in theaters? Well, I’ve already written that in a very, very, very long article from 2022: [ ](https://entertainment.substack.com/p/the-data-is-in-theatrical-films-massively) [ The Data Is In: Theatrical Films Massively Outperform Straight-To-Streaming Films ](https://entertainment.substack.com/p/the-data-is-in-theatrical-films-massively) Entertainment Strategy Guy · April 5, 2023 [ Read full story ](https://entertainment.substack.com/p/the-data-is-in-theatrical-films-massively) To summarize, theatrical runs make much more money, especially blockbusters, because they earn more money per viewing,1 and that helps boost home entertainment sales. Theatrical films also perform as well or better than the streaming-only films. Now, partially this is driven by increased marketing for said films, but said marketing ultimately boosts the awareness of the movies and drives improved streaming and library performance as well. Again, I’ve made this case after reviewing the economic models and streaming data for years. Just last week, Emily Horgan also made the case for kids films! Yes, it is probably conventional wisdom, but that’s also because it’s true! I’d also argue we’ve seen a lot of data in the various studios’ behavior. As I’ve noted before, the more a studio needs to make money, the likelier they are to put films in theaters. As such, Disney, Universal, Warner Bros., Paramount and Sony all send their major films to theaters. Even if they once made a big S-to-S push (*cough* Disney *cough*), they’ve since relented and returned to theaters. The tech companies don’t need to make money, per se, so it took them years to embrace theaters. Apple doesn’t need to make money because it doesn’t disclose their (likely) Quibi-sized losses each year. (They fear bad press more than losing money.) Amazon announced two years ago that they planned to make Amazon-MGM Studios/Prime Video profitable on its own, and guess what? Now they’re putting films in theaters. That leaves Netflix. They’re in between the “no need to make money at all” and the “desperately need to make money to offset linear TV declines”, so they had less pressure to put some films in theaters. Plus, for years, they were the sexy disruptor, and Wall Street rewarded them for that. (Honestly, they still do.) Yet, even Netflix likely saw the money they were leaving on the table (I’ve estimated it at an easy billion dollars before) so they changed their course. I heard one pundit argue that, because Netflix already makes so much money, they don’t need to make more money, which sort of goes against everything I’ve ever learned about business and economics. Again, to be super-nuanced, sending “films to theaters” does not mean EVERY film. TV movies have been a thing for decades. Lifetime films, Hallmark holiday films, Disney Channel Original Movies, and so on, don’t need theatrical runs. But films above a certain budget level (say $25 to 50 million) almost certainly need theaters to maximize their revenue. The Scenarios (with a Dose of Skepticism) Now time for some skepticism: it won’t surprise me at all if Netflix re-changes course. Specifically, Netflix announced that their Narnia film will go to theaters. And I’d bet anything we see KPop Demon Hunters 2: The Huntering2 also goes to theaters, cause it’s the surest hit outside of a Disney animated sequel right now. But how much does Netflix truly commit to theaters? They’ve already tried to emphasize that this is a one-off move. I see three broad scenarios:
What is Trump’s $1.776 Billion ‘Anti-Weaponization’ Fund?
The Trump administration is creating a $1.8 billion fund to compensate people it says were wronged by the federal government, a group that could be largely made up of the president’s allies.
Dem who welcomed socialist mayor's 'change' now sounding alarm over billionaire exodus: 'Gravely concerned'
A Seattle Democratic councilmember who once welcomed socialist Mayor Katie Wilson now admits he is "gravely concerned" about the city's business exodus.
Murdoch Children’s Research Institute secures $5M grant to prevent childhood disease
Prime Minister Albanese announces a $5 million grant for MCRI to launch a pioneering research team focused on preventing childhood health conditions.
Jacobs teases next phase of Reno Neon Line entertainment district
Jacobs Entertainment shared plans for what’s next for the Reno Neon Line district after the initial $400 million first phase.
Maryville Memorial Day event to open Legion pavilion
A ribbon-cutting is planned for 5 p.m. before live music begins.
Trump’s Taiwan ‘negotiating chip’ remark sparks alarm over how far he'd shift US-China policy
Trump suggests $14 billion Taiwan weapons package could be used as leverage in China negotiations, drawing swift pushback from Taiwan's president.
THE WEEK OF MAY 18, 2026
- House releases Energy Water bill - Republicans highlight research security concerns - Golden Dome cost estimated at over $1 trillion
NYC Health and Hospitals says hackers stole medical data and fingerprints during breach affecting at least 1.8 million people
The New York public healthcare system said hackers stole personal and medical data, and scans of biometrics — including fingerprints — in one of the largest recorded breaches of 2026.
Justice Department announces a $1.7 billion 'Anti-Weaponization Fund' fund to compensate Trump allies
Acting Attorney General Todd Blanche said in announcing the fund in a statement that it was "a lawful process for victims of lawfare and weaponization to be heard and seek redress."
New 'Lanterns' trailer reveals Laura Linney casting, Nathan Fillion's Guy Gardner return
New 'Lanterns' trailer reveals Laura Linney casting and a first look at Nathan Fillion's Guy Gardner return.
Children’s Mental Health Visits Have Shot Up, Research Shows
Doctor’s visits for children’s anxiety rose by more than 250 percent over 10 years, according to a study of nearly two million children.
New MatterChat Model Helps AI to ‘See’ the Language of Science
From writing emails to generating computer code, much of the artificial intelligence prevalent in our daily lives has succeeded by mastering one domain: text. However, this leaves a major blind spot in the physical sciences, where models depend on the high-resolution, three-dimensional data of the physical world, like the intricate lattice of atoms in a crystal. Delivering on the promise of using AI for science requires teaching these data-driven text models to seamlessly “talk to” physics-based models. Now, a new AI framework from Lawrence Berkeley National Laboratory (Berkeley Lab), called MatterChat, solves this problem by creating a specialized “bridge.” It connects the conversational power of a Large Language Model (LLM) with a physics-based AI that models “interatomic potentials”: the complex physical forces between atoms. The resulting system already significantly outperforms general-purpose AI tools like GPT-4 at predicting material properties, and the team hopes it can accelerate scientific discovery by serving as a robust research partner that provides grounded insights and generates step-by-step instructions for synthesizing novel materials. A paper describing this work was recently published in Nature Machine Intelligence. “Traditional simulations can provide the physical rigor required for materials science, yet their computational cost remains prohibitive for high-throughput screening. Conversely, while LLMs excel at rapid knowledge synthesis, they inherently lack the ‘structural vision’ to interpret materials directly from their underlying atomic coordinates,” said Yingheng Tang, a postdoctoral researcher in Berkeley Lab’s Applied Math and Computational Research Division (AMCR) and lead author on the paper. “MatterChat was built to solve this dilemma, empowering LLMs with a structural ‘vision’ that allows researchers to leverage their full potential for solving complex, real-world materials challenges.” Empowering language models to solve complex challenges in materials science To build MatterChat, the Berkeley Lab team drew inspiration from technologies like Vision Question Answering (VQA) and Text-to-Image (T2I) generation. In these tasks, AI must translate high-level text concepts into visual images, or vice versa. Doing so requires developers to build tools that “bridge” two fundamentally different forms of data. The researchers adapted this concept to the physical sciences. With MatterChat, they created a “bridge model” that successfully connects an LLM’s general knowledge with the deep understanding of the atomic-scale world encoded in scientific interatomic potentials. Until now, researchers using LLMs to solve materials problems usually had to feed them raw data files as if they were just strings of text. It’s like asking an AI to understand a complex 3D engine based only on a parts list: the LLM can read the names, but it can’t “see” how the atoms fit together in space. MatterChat solves this by training a specialized AI bridge model, pre-trained on millions of crystal structures and an LLM, to align the LLM’s representation of the world with the interatomic potential’s representation of the world. The bridge model can translate physical insights into a format the LLM can actually understand. By giving the LLM these “scientific eyes”— a scientific “inductive bias” in the terminology of AI — the Berkeley Lab team has transformed it into a robust research tool capable of providing grounded scientific insights into complex materials challenges, such as predicting thermal stability or analyzing electronic band gaps. “We think of atoms as living in a physical space, but from a machine learning perspective, they are just vectors living in some very non-trivially structured manifold in a high-dimensional Euclidean space; and, of course, the same is true for the sentences and paragraphs that we use to express our ideas about those atoms,” said co-author Michael Mahoney, Berkeley Lab’s Scientific Data Division (SDD) AI Initiative Research Lead. “The bridge model basically gets those two structures to ‘talk with’ each other.” As a proof-of-concept of this general approach, the team trained their bridge model on a dataset curated by pairing nearly 143,000 stable atomic structures from the Materials Project with their corresponding physical properties. This training data was automatically assembled using the Materials Project’s API and deliberately enriched with properties fundamental to microelectronics design — like formation energy and bandgap — allowing MatterChat to learn the complex patterns connecting a material’s atomic blueprint to its functional performance. To validate their model, the researchers benchmarked MatterChat against a suite of other AI systems, from general-purpose LLMs to other specialized scientific AI methods. The results show that MatterChat consistently outperformed its competitors across a range of tasks. The model was more accurate in classifying material types and demonstrated superior precision in predicting numerical properties. For example, it excelled at predicting a material’s bandgap, a property critical for designing new electronics from high-capacity energy storage to next-generation computer chips. “Our design is significantly more efficient because we don’t have to build a massive AI model from the ground up,” said co-author Zhi (Jackie) Yao, a research scientist in Berkeley Lab’s AMCR. “Instead, we take two powerful, pre-trained models — a structural encoder for materials physics and an open-source LLM — and use them off-the-shelf. The only component we actually train is the lightweight ‘bridge model’ that translates between them. It’s the difference between building an entire car factory and simply designing a smart adapter that connects a world-class engine to a world-class navigation system. This approach is not only computationally efficient, but also makes the system modular, so we can easily upgrade components or adapt the bridge for other scientific domains in the future.” Crucially, this modular design highlights exactly how institutions like Berkeley Lab and the Department of Energy are carving out a highly valuable niche in the booming AI landscape. Rather than competing with Silicon Valley tech giants to build ever-larger language models from scratch, the lab is focusing on the specialized connective tissue that makes commercial AI useful for hardcore science. Because the bridge model approach underlying MatterChat is forward-compatible, it is perfectly positioned to leverage these parallel tracks of innovation. As Mahoney pointed out, “We expect that industry will continue to develop improved LLMs, and we expect domain scientists and facilities will continue to generate new data. An important part of scientific machine learning is not simply to solve problems on today’s data, but instead to develop general methods that will be forward-compatible with orders of magnitude more data, whether from scientific domains or from LLMs.” According to Yao, the MatterChat project, which was initially developed and enhanced with funding from a Berkeley Lab Laboratory Directed Research & Development (LDRD) Program, will now expand its capabilities. In a collaboration with Fermilab, MatterChat is already contributing to a U.S. Department of Energy Genesis Mission project — called Accelerating eXtreme Environment Specs-to-Silicon (AXESS) — that aims to speed up the development of next-generation, high-speed, radiation-hardened detectors for challenging particle physics experiments by using advanced 3D integrated circuits (chiplets) and AI-driven data analysis. In addition to the LDRD support, the team also credits supercomputing resources at the National Energy Research Scientific Computing Center (NERSC), located at Berkeley Lab, with MatterChat’s success. “We are incredibly grateful to NERSC; this research simply would not have happened without access to the Perlmutter supercomputer through their AI for Science program,” said Tang. Wenbin Xu, a NERSC postdoctoral fellow at the time, was also a major co-author of the work, as was Benjamin Erichson, a research scientist in Berkeley Lab’s SDD, highlighting the benefits of AMCR-SDD collaboration on AI for science. ### Lawrence Berkeley National Laboratory (Berkeley Lab) is committed to groundbreaking research focused on discovery science and solutions for abundant and reliable energy supplies. The lab’s expertise spans materials, chemistry, physics, biology, earth and environmental science, mathematics, and computing. Researchers from around the world rely on the lab’s world-class scientific facilities for their own pioneering research. Founded in 1931 on the belief that the biggest problems are best addressed by teams, Berkeley Lab and its scientists have been recognized with 17 Nobel Prizes. Berkeley Lab is a multiprogram national laboratory managed by the University of California for the U.S. Department of Energy’s Office of Science. DOE’s Office of Science is the single largest supporter of basic research in the physical sciences in the United States, and is working to address some of the most pressing challenges of our time. For more information, please visit energy.gov/science.
MBA Roundup: 3 Harvard Business School Professors Top Harvard’s Highest-Paid List
Three women on the Harvard Business School faculty made a combined $4.8-million in 2024 ... but that's not the whole story.
NextEra bets $66.8B on AI power boom with Dominion Energy acquisition
NextEra Energy announced a $66.8 billion acquisition of Dominion Energy, expanding its reach into Northern Virginia’s booming AI data-center market.
Elon Musk compares his company’s work to that of Jesus
In an interview on Monday, the billionaire said his Neuralink brain-implant company is progressing in its development of “Jesus-like technologies.”
Tudor Dixon returns to Michigan politics with new PAC aimed at boosting Republicans in key battleground
Tudor Dixon announces her role leading United We Fund, a new multi-million dollar PAC aimed at boosting Republicans in battleground state Michigan.
Trump moves to dismiss $10 billion suit over leak of tax returns after reports of a resolution
The creation of a fund to pay allies of the president who believe they were wrongly investigated and prosecuted reflects Trump's long-running claims that the Biden administration Justice Department was weaponized against him.
The asteroid that wiped out the dinosaurs may have triggered a global fungal bloom
The asteroid that smacked into our planet about 66 million years ago at the Cretaceous-Paleogene (K/Pg) boundary may have been bad news for dinosaurs, but it was good news for fungi. According to new ...
Trump drops lawsuit against IRS amid talks of establishing a $1.8 billion fund for allies
President Donald Trump is dropping his $10 billion lawsuit against the Internal Revenue Service, according to court documents, a signal that the administration is preparing to go forward with a plan to set up $1.8 billion fund that would compensate those who believe they were subject to unfair investigations under previous administrations.
Column: Jack up taxes on California's rich? Popular liberal mantra, but bad idea
Sticking it to the rich sounds nice, but doesn't fix the problem
Evers blames politics for tax deal failure
(The Center Square) – Wisconsin’s governor says politics sank last week’s $1.8 billion tax deal, but he is also saying that he didn’t do much to help the deal.
Boston Scientific invests $1.5 billion in MiRus with option to buy heart-valve business
U.S. medical device maker Boston Scientific said on Monday it has invested $1.5 billion in privately held MiRus LLC in return for a 34% equity stake and potential access to the startup's heart-valve business.
Pop star Shakira is acquitted in a Spanish tax fraud case
A Spanish court acquitted Shakira in a tax fraud case, ordering the government to return more than $64 million in wrongly imposed fines.
GOP governor candidate Zach Lahn invested in men's sexual health firm
Zach Lahn invested $1 million into a men’s sex health company that promotes a line of “innovative wearable erection rings” and other intimate devices.
Take-Two Boss Says Borderlands' Last-Minute Art Style Change Cost $50 Million, but Without It the Game Would Have Flopped
Borderlands’ well-documented 11th hour art style change cost Take-Two an extra $50 million in development costs and delayed the game by a year, but without it the now successful franchise would have flopped straight out the gate.
How "Alligator Alcatraz" fit into DeSantis' political playbook
DeSantis has funneled tens of millions of dollars into high-profile — and often controversial — immigration enforcement efforts before.
Pop star Shakira is acquitted in a Spanish tax fraud case
A Spanish court has acquitted Shakira of tax fraud and ordered the government to return over 55 million euros in fines and interest. The decision, seen Monday by The Associated
Why only five minutes of exercise a day could help millions of people live longer
Small increases in physical activity as part of our daily lives can bring long-term benefits to our health.
Europe is paying to make itself sick – and the health bill proves it
Europe spends billions on fossil fuel subsidies while facing huge healthcare costs. Leaders must prioritize people and environmental sustainability.
America wrestles with its ‘Leaving MAGA’ phase
For those Americans who glance at President Donald Trump and only see a raving lunatic, little is more confounding than the millions of MAGA adherents who discern a force for good. Reconciling these differing viewpoints feels nearly impossible. Dismissing this conflict as just politics misses the visceral intensity of the emotions embraced on each side […]
The Middle East Oil Crisis Has Already Cost Global Businesses $25 Billion
Global companies are raising prices, cutting production and preserving cash as the Iran war drives oil and gas costs sharply higher.
Iran war saddles global companies with $25 billion bill
The U.S.-Israeli war with Iran has already cost companies around the world at least $25 billion - and the bill is climbing, according to a Reuters analysis.
World Economic Forum: women’s health gets only 20% of R&D funding. We must seize this $1 trillion opportunity
A new radar developed with the Gates Foundation and Wellcome Leap reveals that fewer than 3% of clinical trials are women-specific.
British Takeovers Up 250% as Global Buyers Bypass Political Flux
Britain has been a go-to destination for international deal hunters. The value of M&A mergers targeting UK companies is up more than 250% this year to around $150 billion, according to data compiled by Bloomberg.
Scientists Discover Bizarre 100-Million-Year-Old Insect With Giant Claws
Scientists have discovered a previously unknown species of true bug that has claws.
Hims & Hers Health, Inc. Announces Proposed Convertible Senior Notes Offering to Support International Expansion and Accelerate AI-Driven Platform Investment
Proceeds intended to be used to preserve financial flexibility as Hims Hers executes on its international expansion strategy, including the proposed acquisition of Eucalyptus, invests in technology and operational infrastructure to drive anticipated cost efficiencies, and enhances the consumer experience with AI and its closed-loop data ecosystem. Hims Hers Health, Inc. (“Hims Hers” or the “Company”, NYSE: HIMS) today announced its intention to offer, subject to market and other conditions, $300 million aggregate principal amount of convertible senior notes due 2032 (the “notes”) in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). Hims Hers also expects to grant the initial purchasers of the notes an option to purchase, for settlement within a period of 13 days from, and including, the date the notes are first issued, up to an
PGA Championship purse, payouts: How much did Aaron Rai earn for his win this week at Aronimink?
The PGA of America offered a record $20.5 million purse for its event this week.
“Michael ”won't stop 'til it gets enough, as it rockets back to No. 1 at domestic and global box office
The King of Pop became the king of the big screen again after a month in theaters, raising an additional $83 million in week 4.
Citadel's Ken Griffin says AI is now 'real' after years of skepticism
Hedge fund billionaire Ken Griffin was one of the most prominent AI skeptics. Now he's had a change of heart, calling it "profoundly more powerful."
Budget conference: House, Senate disagree on earplugs earmark for police hearing protection
The Senate has so far declined to match the House’s proposed $2 million allocation for the equipment.
NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
U.S. power firm NextEra Energy is discussing a mostly stock deal for Dominion Energy that would value the smaller Virginia-based utility at about $76 per share, or around $66 billion, Bloomberg News reported on Sunday.
Critics fear a midterm purge as the Trump administration promotes program to check voter eligibility
At least 67 million registrations, primarily from Republican-controlled states, have gone through a beefed-up verification program at the U.S. Department of Homeland Security, and tens of thousands of those have been flagged as potential noncitizens or people who have died.
White House: China to buy at least $17B in US agricultural products per year
The White House said Sunday that China is set to purchase at least $17 billion in agricultural products from the U.S. per year, a move that comes after President Trump’s recent China trip. In a fac…
Cruise ship outbreaks fail to scare off travelers ahead of busy summer season
Despite recent hantavirus and norovirus outbreaks, cruise demand remains strong, experts say, with over 38 million ocean cruise passengers projected this year.
Detroit Lions rookie contract details: WR Kendrick Law
What will fifth-round pick and new Detroit Lions wide receiver Kendrick Law earn during his rookie contract?
Scientists reveal more than 1.3 million people may share DNA with Maryland’s earliest colonists
According to new findings by researchers from Harvard University, there could be more than one million three hundred thousand individuals living today who share their genetic material with some of the original colonists of Maryland in the United States, as shown in an innovative genetic study titled ‘The genetic legacy of the 17th-century colonial capital of St. Mary’s City’ in Current Biology.