Executives building the AI boom are unwavering. Demand is effectively bottomless, they say, even as the stocks that ride on it wobble, CNBC reports. Pat Gelsinger, the former Intel chief now at Playground Global, put it plainly. He thinks of AI demand …
An idea that sounded radical a year ago is now a majority position. Nearly seven in ten Americans support forcing AI companies to transfer half their stock to a public sovereign wealth fund, CNBC reports. The figure comes from a Verasight survey of 1,6…
Volkswagen investors might take comfort from the fact even Toyota is unlikely to emerge unscathed from China’s assault on the auto industry.
Elon Musk says SpaceX’s blockbuster listing has probably made thousands of his employees millionaires. Asked on The Sean Hannity Show about a former welder whose stock topped $1m, he said the story was far from unique. “It’s not just one welder, it’s s…
OpenAI and Anthropic have both confidentially filed for historic IPOs. Discover how their valuations, revenue growth, and corporate strategies compare before they go public.
Ollama has raised a $65M Series B led by Theory Ventures. Benchmark, 8VC, Y Combinator and others joined. The round takes the company’s total funding to $88M, three years after it launched, and Ollama set out the plan in a blog post on Thursday. Founde…
Chinese immigrant Reva Azeez says financial planning is like building a house from the ground up. With almost 20 years of experience, she says roofing is now the primary focus of most of her clients.
Brian Sak thought he wanted to become a psychologist until he realized how much school it would require. Switching to finance, he soon realized that being a great wealth manager often requires the same skills as a therapist.
Taiwanese immigrant Tracy Chen ditched a grueling career in corporate law to help wealthy families protect their assets and transfer their wealth to the next generation.
The Trump Administration has gutted the CFPB, but states like Texas, Oregon and New York are targeting payments firms and filling in enforcement gaps.