Junk bond buyers are increasingly freezing out tech startups looking for financing, as CoreWeave’s pain raises bigger questions about how artificial intelligence companies will fund themselves

Junkyard King, the arcade game. 🕹️ In the spirit of the 80s/90s, I started experimenting with building a web-based Junkyard King game with GPT-6. There’s a TON of room for improvement. Movement is stiff, lighting needs work, assets need work… but as a prototype, it works. Mostly, I wanted to see how far I could push Junkyard King beyond the series and into something you can actually play. I’ll get back to this little rabbit hole later. 👀

Junk-rated borrowers lining up around €3.7 billion ($4.3 billion) in refinancing deals are willing to accept significantly higher rates, betting costs will rise even further if they wait