Mon 6 April 2026
Daily Brief — Curated and contextualised by Best Practice AI
The stories that matter most
Selected and contextualised by the Best Practice AI team
An Inside Look at OpenAI and Anthropic’s Finances Ahead of Their IPOs
Silicon Valley’s hottest startups have the same challenge: funding giant computing costs.
Everybody Celebrated Matthew Gallagher as an AI Entrepreneur Genius
Everybody celebrated Matthew Gallagher as an AI entrepreneur genius, now he is being exposed as a fraud.
McKinsey's AI Lie Explains What's Happening to Work
McKinsey's AI Lie Explains What's Happening to Work.
A lot of AI washing and rebranding of existing capabilities going on...if you believe this Rediit post McKinsey is doing the same... Everyone thinks McKinsey just built 25,000 AI experts. They didn't. They took a 35-year-old internal database, put a natural language interface on top, and wrote a press release that every major business publication ran without asking a single follow-up question. This is the same play McKinsey has run for a hundred years. ERP in the 90s. Digital transformation in the 2000s. Big data in the 2010s. Each wave the same: new technology creates executive anxiety, McKinsey positions itself between that anxiety and the answer, and companies buy the trend to protect themselves when it fails. The future looks a lot like the past. And once you see it, you can't unsee it. https://www.youtube.com/watch?v=uTdKJaQkgJQ
Ex-Microsoft engineer believes Azure problems stem from talent exodus
The cloud service's woes reflect a crisis made worse by AI – under-investment in people.
AI has arrived in auditing. Are regulators ready?
The technology is already leading to rapid changes in the way company accounts are reviewed
Britain woos Anthropic expansion after US defence clash, FT says
Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv "U.S. Department of War" and Anthropic logos are seen in this illustration taken March 1, 2026. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab April 5 (Reuters) - Britain is trying to tempt Anthropic to expand its presence in the country, as it seeks to capitalise on a fight between the maker of artificial intelligence app Claude and the U.S. Defense Department, the Financial Times said on Sunday. British government proposals for Anthropic range from an office expansion in London to a dual stock listing, th
Finally we move quickly in the UK to capitalize on the US shooting itself in the foot when it comes to being a magnet for talent and companies.
I've Been Writing About AI for Two Years. I Was Looking at the Wrong Part of the World.
And what are they doing with it? Not debating consciousness. Not agonising about academic integrity.
The strategic pivot for AI investment and global policy must shift from Western obsessions with alignment and cognitive risks to the explosive growth of 'Small AI' in emerging markets, where practical applications are delivering outsized economic and social returns for billions. Key developments include over 40% of ChatGPT's traffic from middle-income countries like India and Brazil, scaled tools detecting 1.3 million counterfeit drugs in Africa, boosting farmer incomes by 24%, and the Delhi Declaration endorsed by 91 nations prioritizing development impacts over containment. Rumman Chowdhury, CEO of Humane Intelligence, observed that no credible AI summit in the West would have chosen that tagline.
Really, You Made This Without AI? Prove It
Really, you made this without AI? Prove it
In creative industries flooded by AI-generated content, certifying human authorship will emerge as a critical market differentiator, creating premium pricing for authentic works and safeguarding employment for human creators against synthetic displacement. Over a dozen competing 'AI-free' labels exist with varied verification methods like manual audits and blockchain, but fragmented standards and definitional ambiguities hinder widespread adoption, underscoring the need for unified industry and regulatory alignment. Instagram head Adam Mosseri suggested that it will be 'more practical to fingerprint real media than fake media' as AI technology improves to the point of making content that’s visually indistinguishable from that made by creative professionals.
Is AI the new fracking?
The backlash against data centres chimes with energy Nimbyism of the past
Economics & Markets
An Inside Look at OpenAI and Anthropic’s Finances Ahead of Their IPOs
Silicon Valley’s hottest startups have the same challenge: funding giant computing costs.
Foxconn first-quarter revenue jumps, company cautions on ...
Foxconn first-quarter revenue jumps, company cautions on geopolitics | Reuters Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv Foxconn Chairman Young Liu speaks to members of the press at New Taipei City, Taiwan March 6, 2026. REUTERS/Ann Wang/File Photo Purchase Licensing Rights, opens new tab - Summary - Companies - Foxconn's Q1 revenue rose 29.7% y/y - Foxconn benefiting from surge in AI demand - Company to report full Q1 earnings on May 14 TAIPEI, April 5 (Reuters) - Taiwan's Foxconn, the world's largest contract electronics maker, reported a 29.7% on-ye
Everybody Celebrated Matthew Gallagher as an AI Entrepreneur Genius
Everybody celebrated Matthew Gallagher as an AI entrepreneur genius, now he is being exposed as a fraud.
The Back Story Behind the First $1.8 Billion AI Company
The back story behind the first $1.8 billion dollar AI Company.
Labor & Society
Really, You Made This Without AI? Prove It
Really, you made this without AI? Prove it
In creative industries flooded by AI-generated content, certifying human authorship will emerge as a critical market differentiator, creating premium pricing for authentic works and safeguarding employment for human creators against synthetic displacement. Over a dozen competing 'AI-free' labels exist with varied verification methods like manual audits and blockchain, but fragmented standards and definitional ambiguities hinder widespread adoption, underscoring the need for unified industry and regulatory alignment. Instagram head Adam Mosseri suggested that it will be 'more practical to fingerprint real media than fake media' as AI technology improves to the point of making content that’s visually indistinguishable from that made by creative professionals.
A folk musician became a target for AI fakes and a copyright troll
A folk artist details their struggle against AI-generated impersonations and the legal challenges posed by copyright trolls.
How China fell for a lobster: What an AI assistant tells us about Beijing's ambition
The AI agent sparked a frenzy of "raising lobsters" in March, with users training the tool to suit their needs.
US Faces Patchwork AI Regulation
The U.S. remains without a federal AI law, relying on fragmented state and agency guidelines following the revocation of a Biden-era safety order in 2025.
Technology & Infrastructure
Ex-Microsoft engineer believes Azure problems stem from talent exodus
The cloud service's woes reflect a crisis made worse by AI – under-investment in people.
Is AI the new fracking?
The backlash against data centres chimes with energy Nimbyism of the past
Adoption & Impact
Netflix - yes Netflix - jumps on the AI bandwagon with video editor
Video-language model revises how objects interact when things get removed from a scene.
The Search Game is Changing: Why Authors Need to Master AI Discoverability.
AI doesn’t just match keywords; it tries to understand context and user intent. Readers are using natural, conversational language to ask for recommendations.
Weekly|Funda AI Agent Platform Launched, Memory LTAs, SpaceX, and more
We skipped last week’s Weekly to focus on a major upgrade to our Agent platform. Now, our Funda AI Agent Platform is live and accessible to all Substack subscribers, with many useful financial research tools.
You Can Now Give an AI Agent Its Own Email, Phone Number, Wallet, Computer, and Voice
You can now give an AI agent its own email, phone number, wallet, computer, and voice. This is what the stack looks like.
Geopolitics
Britain woos Anthropic expansion after US defence clash, FT says
Exclusive news, data and analytics for financial market professionalsLearn more aboutRefinitiv "U.S. Department of War" and Anthropic logos are seen in this illustration taken March 1, 2026. REUTERS/Dado Ruvic/Illustration/File Photo Purchase Licensing Rights, opens new tab April 5 (Reuters) - Britain is trying to tempt Anthropic to expand its presence in the country, as it seeks to capitalise on a fight between the maker of artificial intelligence app Claude and the U.S. Defense Department, the Financial Times said on Sunday. British government proposals for Anthropic range from an office expansion in London to a dual stock listing, th
Finally we move quickly in the UK to capitalize on the US shooting itself in the foot when it comes to being a magnet for talent and companies.
China Started Preparing for an Energy Crisis Long Before the Iran War
Long concerned about geopolitical crises, China redoubled efforts to secure energy security when President Trump started raising the stakes in his first term.
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