SUN VALLEY, IDAHO - JULY 08: Executive Chairman of Samsung Electronics Lee Jae-yong (C-L) and Investor and Entrepreneur Wendi Murdoch (C-R) attend the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 8, 2026 in Sun Valley, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images)

SUN VALLEY, IDAHO - JULY 08: Executive Chairman of Samsung Electronics Lee Jae-yong (C-L) and Investor and Entrepreneur Wendi Murdoch (C-R) attend the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 8, 2026 in Sun Valley, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images)

Director of Research at the CNRS (Centre National de la Recherche Scientifique) Olivier Guillaume poses in the Moulis caves where underground aquatic species are bred and studied in Moulis, southwestern France on July 8, 2026. France and the Parc naturel regional des Pyrenees Ariegeoises are implementing a project to classify its caves and underground rivers as a reserve in order to ensure better preservation of this subterranean heritage, to facilitate scientific and technical studies, and to increase awareness-raising activities in environmental education and sustainable development. (Photo by Lionel BONAVENTURE / AFP via Getty Images)

Director of Research at the CNRS (Centre National de la Recherche Scientifique) Olivier Guillaume poses in the Moulis caves where underground aquatic species are bred and studied in Moulis, southwestern France on July 8, 2026. France and the Parc naturel regional des Pyrenees Ariegeoises are implementing a project to classify its caves and underground rivers as a reserve in order to ensure better preservation of this subterranean heritage, to facilitate scientific and technical studies, and to increase awareness-raising activities in environmental education and sustainable development. (Photo by Lionel BONAVENTURE / AFP via Getty Images)

Director of Research at the CNRS (Centre National de la Recherche Scientifique) Olivier Guillaume poses in the Moulis caves where underground aquatic species are bred and studied in Moulis, southwestern France on July 8, 2026. France and the Parc naturel regional des Pyrenees Ariegeoises are implementing a project to classify its caves and underground rivers as a reserve in order to ensure better preservation of this subterranean heritage, to facilitate scientific and technical studies, and to increase awareness-raising activities in environmental education and sustainable development. (Photo by Lionel BONAVENTURE / AFP via Getty Images)

Director of Research at the CNRS (Centre National de la Recherche Scientifique) Olivier Guillaume poses in the Moulis caves where underground aquatic species are bred and studied in Moulis, southwestern France on July 8, 2026. France and the Parc naturel regional des Pyrenees Ariegeoises are implementing a project to classify its caves and underground rivers as a reserve in order to ensure better preservation of this subterranean heritage, to facilitate scientific and technical studies, and to increase awareness-raising activities in environmental education and sustainable development. (Photo by Lionel BONAVENTURE / AFP via Getty Images)

SUN VALLEY, IDAHO - JULY 08: (L-R) Felicia Horowitz, co-founder of the venture capital firm Andreessen Horowitz Ben Horowitz and Co-CEO of Netflix Ted Sarandos attend the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 8, 2026 in Sun Valley, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images)

SUN VALLEY, IDAHO - JULY 08: (L-R) Felicia Horowitz, co-founder of the venture capital firm Andreessen Horowitz Ben Horowitz and Co-CEO of Netflix Ted Sarandos attend the Allen & Company Sun Valley Conference at the Sun Valley Lodge on July 8, 2026 in Sun Valley, Idaho. Every year, some of the world's wealthiest and most powerful figures from the media, finance, technology, and political spheres converge at the Sun Valley Resort for the exclusive week-long conference hosted by boutique investment bank Allen & Co. (Photo by Kevin Dietsch/Getty Images)