Yan Junjie, the 36-year-old chairman and CEO of MiniMax, now boasts a net worth of $3.2 billion after the AI model developer’s $618 million Hong Kong IPO.
Former Flatiron Health exec Marta Bralic Kerns raised $92 million to expand her virtual care model to women at all stages of their lives.
Zhipu, which operates a ChatGPT-like service called Z.ai, raised $558 million in the IPO. Its chairman, Liu Debing, amassed a fortune of $2.1 billion based on his stake in the Chinese AI model company.
In this week’s edition of InnovationRx, we look at a former Wall Street analyst’s $4 billion obesity drug company, Wegovy’s weight-loss pill, and more.
The electric vehicle maker used just 70% of its plant capacity last year – a level comparable to traditional auto rivals. Things could get worse in 2026.
After a decade of modest gains, data storage companies like Sandisk, Seagate and Western Digital had a stunning run in 2025.
From “pajama time” spent responding to patient messages to debates over internet misinformation, here is why your doctor is exhausted and how it impacts your longevity.
This week’s Current Climate newsletter also looks at Elon Musk’s year of big blunders and payday bonanzas and some progress for green hydrogen
Former SpaceX propulsion CTO Thomas Mueller’s space startup reached unicorn status this year thanks to $525 million in funding since 2021. It’s just one of 141 other startups founded by SpaceX alumni.
Brian Lian founded publicly traded Viking Therapeutics to focus on metabolic diseases. With obesity drugs in development and the GLP-1 space booming, it’s now a prime M&A target for giants jostling for their share of a potential $100 billion market.