Mark Cuban says he is not a doomer about AI
The gist
Billionaire Mark Cuban said at a Reuters event he is "not a doomer" about AI and compared AI-driven hacks to cockroaches.
His Mavericks sale regrets and Cost Plus Drugs rare-disease push also surfaced this week.
How it unfolded
- 2022Cuban started the online pharmacy Cost Plus Drug Company, pricing drugs at cost plus 15%.
- Late 2023Cuban sold his controlling stake in the Dallas Mavericks to the Adelson and Dumont families at a valuation of around $3.5 billion.
- May 2026Cost Plus signed on with TrumpRx.gov, a Trump administration website selling discounted weight-loss drugs; Mavericks governor Patrick Dumont hired Masai Ujiri as Dallas' chief basketball decision-maker.