Elon Musk Calls Himself ‘Former Trillionaire’ as Billions Vanish Amid Tesla, SpaceX Slump. Why the Ultra-Rich Laugh at Losses
Elon Musk has once again grabbed headlines, this time with a self-deprecating joke about his fortune....
Amazon Finalizes $50 Billion Investment in OpenAI, Secures Nearly 5% Stake Ahead of Planned IPO
Amazon has officially completed its $50 billion investment in OpenAI, the company behind the widely popular...
Inside The AI Hedge Fund That Rose 439% Before A Sudden $20 Billion Unwind
For much of the past two years, few names in artificial intelligence investing attracted as much...
Superintelligence Squeeze Meta’s Free Cash Flow Plunges 91% as Mark Zuckerberg Accelerates AI Infrastructure Spending
The financial strain of the global artificial intelligence arms race has reached a historic inflection point...
BMW to Cut 8,000 Jobs by 2027 as Automaker Reshapes German Workforce
BMW is preparing for one of its biggest workforce restructurings in recent years, announcing plans to...
Claiming Your Digital Self: How Decentralized Identity Is Fixing the Internet
The Broken Promise of Online Identity Think about how many times today you clicked "Log in...
Land Rover Discovery Sport to Bow Out After 11 Years as JLR Prepares for a New Era
The Land Rover Discovery Sport is nearing the end of its journey. Jaguar Land Rover (JLR)...
The $250 Billion Compute Alliance Nvidia in Talks to Guarantee Massive Financing for OpenAI Data Centers
The capital requirements for the ongoing artificial intelligence revolution have escalated beyond traditional venture equity and...
Silicon Megadeal Samsung Lands Landmark $200 Billion AI Chip Contract with Broadcom
The global race to supply physical hardware for artificial intelligence workloads has produced the largest semiconductor...
Three Harvard Dropouts Who Slept On Floors Now Run A $10.3 Billion AI Chip Company After Etched’s Record Series C
Etched, the AI chip startup founded by three Harvard dropouts in 2022, has closed a $300...