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News
One year after a bipolar episode put him in the hospital, Bonobos cofounder Andy Dunn sold his company to Walmart for $310 million
3+ hour, 30+ min ago (447+ words) Over the course of his two-decade career, entrepreneur Andy Dunn has launched several businesses and invested in dozens more. One of his biggest moves to date was selling his menswear brand Bonobos to Walmart in 2017 for a whopping $310 million. But…...
Is Superintelligence On The Horizon? Safety Fears Grip Industry Leaders As They Push For A Slowdown
49+ min ago (865+ words) Something strange is happening at the frontier of intelligence. The timing is striking, although there is no evidence that the public calls for pacing were prompted by the DeepMind rumor. Altman had already reached for even more loaded language in…...
French AI boom exposes Europe’s funding gap as startups turn to U.S.
1+ hour, 9+ min ago (337+ words) Investing.com -- France is producing a growing number of high-value artificial intelligence and technology companies, but their success is also highlighting Europe's shortage of late-stage capital compared with the U.S., according to Bloomberg. French-linked startups have recently notched several major financing…...
Job seekers are being asked to sell their enthusiasm for AI in interviews: 'I have to make up something"
22+ hour ago (331+ words) AI may be changing what employers expect from job candidates....
3 Ways to Invest in Anthropic Pre-IPO
1+ day, 2+ hour ago (177+ words) Anthropic's IPO is expected to take place this year, but you can get exposure to the stock well before its big day....
Altman tells Fortune OpenAI will not go public in 2026
3+ hour, 9+ min ago (392+ words) OpenAI will not go public this year, the company's chief executive Sam Altman said in an interview released on Saturday, citing safety concerns over artificial intelligence. "Given everything happening with safety, right now would be an ill-advised moment to go…...
Google Just Dropped a Bombshell on AI Spending — Alphabet’s $200 Billion AI Bet Is Starting to Pay Off Big
16+ hour, 34+ min ago (458+ words) Google Cloud CEO Thomas Kurian just supplied an unusually concrete answer. Speaking at the Goldman Sachs Communacopia + Technology Conference, Kurian said the aggregate payback period on Google's AI servers is less than two years. More importantly, he said the payback…...
Bro built a $10K/month SaaS with just these 10 tools 🥶
14+ hour, 58+ min ago (128+ words) Meet Piotr, a solo dev in Poland who built Visualizee, an AI rendering tool for architects and interior designers. He runs the whole thing on nights and weekends while working a full-time job.Here’s the entire stack behind a $10K/month…...
Forget NVDA: Peter Thiel's New $419 Million Portfolio Bets Big on the Power Behind AI
1+ day, 10+ hour ago (41+ words) Peter Thiel‘s investment firm, Thiel Macro LLC, disclosed a $418.67 million equity portfolio across eight companies in the second quarter, bypassing semiconductor manufacturers to allocate capital toward electrical grid operators, nuclear developers, tech infrastructure, and conventional energy. Rebuilding Capital in......
Oracle to Spend an Additional $700 Million on More Job Cuts
1+ day, 10+ hour ago (29+ words) Oracle Corp. increased the scale of its planned job cuts while the company grapples with a cash crunch tied to development of large-scale data centers for artificial intelligence work....