Elon Musk is the world’s richest person again thanks to his new AI startup
Move over Bernard Arnault. There’s a new wealthiest person on the planet.
Business
Former FTX exec Ryan Salame gets 7.5 years in prison
Salame is the first associate of Sam Bankman-Fried to be sentenced to prison.
Forget counterfeits. fashion designers now face a new threat: deepfakes
The CEO of small fashion label Popflex is used to scammers creating knockoffs of her designs. But then one used AI to swap her face for someone else’s in a counterfeit marketing video.
OpenAI’s Sam Altman just vowed to donate most of his wealth through giving pledge
Sam Altman and Jahm Najafi are some of the prominent philanthropists who joined the Giving Pledge in 2024.
NZ startup launches world-first electric hydrofoil ferry
Vessev, formerly SeaChange, has partnered with New Zealand’s largest ferry operator to launch the world’s first hydrofoiling tourism vessel.
Amazon Prime Video introduces ads, raises ad-free subscription by 33%
When Amazon Prime launched in Australia in 2017 it cost just under $7 a month. This time last year the company hiked its monthly fee to $9.99 – a 42% jump. Come July, watching ad-free content will set Prime Video users back $12.99 each month.
Elon Musk’s xAI raises $6 billion in latest funding round
Musk claimed his AI startup had a $18 billion valuation before the latest funding round.
The world’s most valuable soccer teams 2024
The average team is now worth $2.3 billion, a 5.1% increase from a year ago—despite headwinds in TV rights across Europe.
Why Boeing needs a new plane — soon
It’s not enough for Boeing to fix the 737 Max program. To remain competitive against Airbus, the planemaker needs to make a big bet on a new jet.
Investors gave a teenager $85 million to build hydrogen weapons. It’s not going well
Ethan Thornton’s vision for Mach Industries wooed investors, but he has been hamstrung by technical challenges, safety hazards and a cavalier approach to leadership.