Biden’s $6.6 Billion Loan to Rivian Criticized by Elon Musk’s DOGE Partner Vivek Ramaswamy
Elon Musk’s DOGE partner Vivek Ramaswamy blasts $6.6 billion Biden loan to Tesla rival Rivian Donald Trump’s designated government efficiency co-czar, Vivek Ramaswamy, signaled his intention to scrutinize a loan granted by the Biden administration to EV manufacturer Rivian, a rival of Tesla. Ramaswamy, the founder of several biotech firms collectively known as the “Vants,” […]
Former Google CEO Eric Schmidt warns that Gen Z men might choose AI over real women following a chatbot-related tragedy.
Gen Z men could ditch real women for AI, warns Ex-Google CEO Eric Schmidt after a tragic suicide involving a chatbot Artificial intelligence could soon create the perfect virtual partner, according to ex-Google CEO Eric Schmidt, potentially spelling a societal disaster. Speaking on a podcast hosted by Scott Galloway this week, Schmidt said he feared […]
Self-driving planes may soon be a reality in commercial aviation, but it could pose a potential safety concern
Fully autonomous planes could be coming to a flight near you—and that’s not a good thing Some of the world’s largest aircraft manufacturers seem convinced that adding new technologies and increasing automation will allow airlines to reduce the number of pilots on the flight deck. For them, it is a question of when, not if. […]
Marsh McLennan CIO’s Evolution: From Intern to Managing a Team of 5,000
Marsh McLennan CIO’s journey: From summer job to leading a team of 5,000 Paul Beswick first joined Marsh McLennan in 1995 when he took a summer job at the insurance brokerage and management consulting firm. He’s never left and for the past five years has led a team of over 5,000 technologists as global chief […]
Rapid growth in AI industry lifts stock of historic landowner by 200%
AI boom propels stock of Wild-West-era landowner up 200% The newest addition to the S&P 500 may be a relic of the Wild West, but its skyrocketing valuation is a byproduct of the AI boom. Founded in 1888, the Texas Pacific Land Corporation is a company that has just 100 employees but a market capitalization […]
Japan’s oldest cable company becomes top performer with rise of AI technology
AI boom makes 139-year-old cable company Japan’s hottest stock The global boom in AI has turned an obscure 139-year-old Japanese company into a stock-market star. Fujikura Ltd., which makes wire cabling for data centers, is the best performer on the Nikkei 225 Stock Average index, with its shares surging more than 400% this year. It […]
The Fear of AI Taking Jobs: Most Gen Zers Are Terrified, While Their Bosses Feel Immune
Most Gen Zers are terrified of AI taking their jobs. Their bosses consider themselves immune The first generation to grow up with the internet wants everyone to just hold their horses. Gen Zers, keenly aware of how quickly tech’s latest innovations can grow out of control, feel some anxiety when it comes to AI. A […]
The lawsuit against Elon Musk may just be the beginning of OpenAI’s financial troubles as its planned conversion is expected to be very costly.
Elon Musk’s lawsuit could be the least of OpenAI’s problems—its planned conversion will cost a fortune A good rule of thumb in life is to never get on the bad side of a litigation-happy centibillionaire with a Rolodex of law firms at his beck and call. But Elon Musk’s second lawsuit against OpenAI, to whom […]
The Strategy Companies such as Netflix, Uber, and Spotify Will Employ to Seize $2 Trillion in Growth in the Next 10 Years
Here’s the formula companies like Netflix, Uber, and Spotify will use to capture $2T in growth over the next decade Think about the last time you listened to music on Spotify, watched a movie on Netflix, hailed a ride on Uber, or ordered food via DoorDash. These companies have millions of digital customers—and billions of […]
Nvidia Surpasses Apple to Reclaim Title as Wall Street’s Most Valuable Company
Nvidia again topped Apple to become Wall Street’s most valuable company Nvidia has once again turned out quarterly results that exceeded Wall Street’s forecasts. The company has seen soaring demand for its semiconductors, which are used to power artificial intelligence applications. Revenue nearly doubled in the latest quarter from the same period a year earlier, Nvidia […]