After 25 years of self-funding, Bezos opens Blue Origin at a $130bn valuation
After 25 years of self-funding, Bezos opens Blue Origin at a $130bn valuation

Jeff Bezos is opening Blue Origin to outside money at last, in a round that values the rocket firm at $130 billion, CNBC reports. It follows Elon Musk’s record SpaceX IPO and pits the two space fortunes against each other again. Blue Origin is raising …

Semiconductor Selloff Deepens As AI Spending Fears Hit Intel

Semiconductor stocks slide as Wall Street questions AI capex growth, erasing $1.3 trillion and putting Intel, Micron and AMD under pressure amid rising rate fears.

Copper Boom Hits A Wall As Substitution Kicks In

The copper boom is hitting a familiar wall as substitution with aluminum gathers pace as the copper-to-aluminum price ration blows out

VW, Again, Said To Need Urgent Survival Reform; Don’t Hold Your Breath

Volkswagen is in crisis again, as critics say it should behave like a normal shareholder-owned company. Despite the huge problems, don’t expect radical action.

Cambridge’s Worldmodeldata raises £7M to turn video games into AI training data
Cambridge’s Worldmodeldata raises £7M to turn video games into AI training data

The last wave of AI learned to describe the world. The next needs to learn how the world pushes back. A Cambridge startup thinks the answer hides inside video games. Worldmodeldata has raised £7m (€8m) to turn gameplay into AI training data, Tech Fundi…

Tech billionaires pour $120M into killing California’s wealth tax
Tech billionaires pour $120M into killing California’s wealth tax

Silicon Valley’s wealthiest are spending heavily to stop California’s proposed billionaire tax, according to a Business Insider tally of campaign filings. Opponents have poured more than $120m into sinking or blunting the measure, roughly four times th…

EU Council Lets Oil Expansion Qualify For Sustainable Funds

Europe’s proposed SFDR rules let expanding oil companies qualify as “green” investments, ignoring Scope 3, the bulk of their emissions.

Washington Should Take OpenAI’s Equity Offer

OpenAI wants to give Washington 5% of the company. Critics cry socialism, but an Alaska-style fund built on contributed equity is a deal Congress would be foolish to refuse.

Millennials Are Buying Blue Collar Small Businesses To AI-Proof Their Future

Young entrepreneurs are snapping up baby boomer-owned plumbing, construction, manufacturing and HVAC companies. Plus: Tips for would-be buyers and sellers.

States Sue Over Medicaid’s “Sick Enough” Test

States sue over whether Medicaid work requirement exemptions could force medically frail enrollees to prove they are “sick enough” to keep coverage.