Investing

“Changes to the organizational structure will improve standardization, centralization, efficiency and results,” explained Chevron Vice Chairman Mark Nelson in a statement.

Seoul-based FuriosaAI was founded in 2017 and is led by June Paik, who previously worked at Samsung Electronics and AMD.

GameStop shares surged over 9% after the company’s CEO posted a photo of him alongside MicroStrategy co-founder Michael Saylor.

Elon Musk co-founded OpenAI with Sam Altman and a group of others in the tech realm in 2015, but left in 2018.

Star Entertainment Group—backed by Australian gambling billionaire Bruce Mathieson—is in talks to sell its resort complex in Brisbane to its Hong Kong partners as the cash-strapped casino operator seeks to raise fresh capital to shore up its finances.

Multiple outlets previously reported China had weighed selling TikTok to Musk, though TikTok denied these reports.

Diapers.com cofounder, Timberwolves co-owner and former Walmart e-commerce chief Marc Lore is betting heavily on his takeout and delivery startup Wonder.

The Google cofounder has donated more than $1.5 billion to Parkinson’s research. Now, as he takes on autism, he’s also investing in startups working to develop therapies and treatments. Here’s how.

The billionaire is wielding immense authority over federal agencies, but unlike cabinet members, doesn’t have to publicly disclose his investments or potential conflicts.

Now that the AI clickworker startup Invisible Technologies is wildly successful, its founder and CEO is buying out his VCs – and is borrowing against the company to do so.