Masayoshi Son has overtaken Indian mogul Mukesh Ambani as the richest person in Asia, as surging SoftBank shares led him to amass a fortune of $97 billion.
Thrive Holdings To Bet $1 Billion On AI-Powered Accounting Roll-Up
This week’s Current Climate newsletter also looks at an emerging market for electric tugboats and boom times for a solar panel maker that doesn’t use Chinese components
Arc Marine started out selling luxury electric boats. Now it’s chasing a bigger business: battery systems for tugs, barges and military boats.
Simon Song, who made the Forbes 30 Under 30 Asia list this year, is founder of Chinese AI startup VAST, which raised $200 million in fresh funding.
After a massive fundraise that values the AI company at nearly a trillion dollars, Dario and Daniela Amodei, along with their five cofounders, have seen their net worths soar.
Longbeard founder Matthew Harvey Sanders built a chatbot to answer questions from church documents. Now he’s training an AI model to help people navigate Catholic doctrine, moral dilemmas and spiritual life.
Helmed by billionaire Michael Dell’s Son, Base Power is manufacturing its own home batteries to provide back up electricity in regions where the grid fails to serve people reliably.
A new federal court ruling makes clear that business owners and executives can’t expect confidentiality for legal discussions with AI, as they can with human attorneys.
Gray Swan works with every major frontier AI lab. Now it’s raised $40 million as it expands to sell security tools to enterprises building AI agents.