

WIRED Roundup: Chip Manufacturers Bonanza
44 snips Aug 22, 2025
Louise Matsakis, Wired's Senior Business Editor, delves into the intriguing intersection of tech and politics. She discusses OpenAI's rise to possibly becoming the highest-valued startup ever and the challenges it faces in monetization. The conversation takes a turn to the scandalous dealings of the Trump administration with chip manufacturers, shedding light on U.S.-China tech relations. Plus, a quirky tangent explores how budget cuts have sparked an unexpected boom in ant smuggling, offering a captivating mix of business and bizarre.
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Rogue Doge Created Shadow SBA Account
- Doge staff set up an unauthorized X account called Doge_SBA inside the Small Business Administration.
- The rogue account solicited tips about fraud and accepted a whistleblower DM, surprising agency social managers.
Monetization Threatens OpenAI's User Base
- OpenAI could reach enormous valuations if it monetizes a huge user base, but that path is uncertain.
- Charging subscriptions risks driving users to free or open-source alternatives and may force advertising into consideration.
User Data Makes OpenAI Attractive To Advertisers
- OpenAI holds deep behavioral and personal user data that could be attractive to advertisers or partners.
- Increased agentic features could force data sharing with third parties and raise user privacy risks.