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Summary: Q2 2026 continues with aggressive vertical integration and escalating pre-IPO corporate warfare. We perform a forensic analysis of the "Luna" experiment, where an AI agent was given a $100K budget and total autonomy to run a retail boutique—effectively becoming a corporate employer. We deconstruct a leaked memo from OpenAI’s revenue chief, Denise Dresser, accusing rival Anthropic of artificially inflating its $30B ARR by booking gross revenue from cloud-partner sales. We also analyze Amazon's $10.8B acquisition of Globalstar to build an orbital satellite network, and OpenAI's acquisition of fintech startup Hiro. Finally, we review Stanford's sobering  ...