World’s richest lose $50 billion as stocks slide after hot inflation report
SpaceX CEO Elon Musk’s net worth fell by over $17 billion on Wednesday morning.
SpaceX CEO Elon Musk’s net worth fell by over $17 billion on Wednesday morning.
Nvidia and Oracle stock fell on Thursday afternoon after a report that OpenAI’s annualized revenue as of September was around $20 billion lower than prior estimates.
Altman said unlike rival Anthropic, his company believes in a “lighter-touch regulatory stance” on AI and that it will be used for more “good stuff than bad stuff.”
The former tech wunderkind has poured billions into his quest to make technologically superior AR glasses and best nemesis Zuckerberg’s Meta.
Musk first hit trillionaire status briefly in June.
More than one-third of people say they’ve had a friendship ruined by money.
A spate of AI fundraising deals has made way for a new wave of young European billionaires. Meet the sweet 16 whose fortunes got big boosts of late.
There’s a new member of the $300 billion club and a second sibling from America’s richest family among the planet’s ten wealthiest people.
Maincode, the AI lab building Australia’s first sovereign LLM, is spinning up a venture capital arm its hopes will turn leaders in finance, healthcare and entertainment into disruptors.
The lunch follows a White House dinner attended by a group of tech moguls last week alongside President Donald Trump and Chinese President Xi Jinping.