Investors Pour 271 Billion into Ai Startups Defying A Downturn
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Business - CNBC
51-year-old introvert overcame her 'worst nightmare' to build her $1.2 billion company
Angie Hicks, the co-founder of Angi (formerly Angie's List), started the home services company with her former boss, Bill Oesterle, when she was 22 years old.3 hours ago -
Top stories - The New York Times
A Deluge of Rain Poured Out of the Heavens. But There’s Still No Drinking Water.
City officials have refused to provide estimates of when the devastated water system in Asheville, N.C., will be back in operation.4 hours ago -
World - Financial Times
Investors grab European equities to gain cheap US exposure
Novo Nordisk and Schneider in demand as robust American economy defies investors’ expectations5 hours ago -
Business - MarketWatch
Why Open AI’s $100 billion 2029 revenue target seems like a tech fever dream
Being at the cutting edge doesn’t necessarily bring financial success.6 hours ago -
Business - MarketWatch
Gen Z investors — and this surprising age bracket — are doubling down on tech stocks
A survey found that 68% of Gen Z and 55% of Silent Generation investors increased their positions in tech stocks in the third quarter.7 hours ago -
World - The New York Times
Ever-Shrinking Condos Are the Choice of Investors in Toronto and Vancouver
A new report shows that small condo units are preferred by investors and that a lack of investor buyers may now be delaying new buildings.7 hours ago -
Business - MarketWatch
Why Cisco is looking at investing in CoreWeave, a hot AI startup
Cisco Systems Inc. is reportedly looking at making a big investment in CoreWeave, one of the hotter artificial-intelligence startup companies, as the networking giant seeks to get a stronger ...8 hours ago -
Top stories - BBC News
The racist AI deepfake that fooled and divided a community
Almost a year after a fake clip of a high school principal went viral, the impact on an American town lingers.17 hours ago -
World - Yahoo News
Police search for man accused of pouring hot coffee on Brisbane baby
19 hours ago -
Business - CNBC
Activist firm Mantle Ridge has $1 billion-plus stake in Air Products
Air Products shares are badly underperforming the S&P 500 for a second straight year, and the company has suffered from leadership upheaval.20 hours ago -
Business - MarketWatch
Investors question Fed’s rate cut amid signs of faster economic growth
Something unexpected is happening on the road to the much-hoped-for soft landing in the U.S.: The growing possibility of an economic reacceleration, which handed Treasury yields their biggest ...21 hours ago -
Business - MarketWatch
Coeur Mining is using its high-flying stock to buy SilverCrest for $1.7 billion
Coeur Mining announced Friday an agreement in which the gold and silver miner is using its stock, that has more than doubled this year, to buy SilverCrest Metals in a deal valued at $1.7 billion.22 hours ago -
World - Yahoo News
Oldest living microbes found in 2-billion-year-old rock
22 hours ago -
Business - CNBC
Selena Gomez couldn’t afford to go to her first Disney casting—now she’s a billionaire startup founder
Singer and actor Selena Gomez is a newly minted billionaire due to the success of her makeup brand Rare Beauty, according to a Bloomberg estimate.23 hours ago -
Business - CNBC
46-year-old turned 400 of his employees into millionaires by selling his startup for $3.7B: ‘These are life-changing outcomes’
Jyoti Bansal says selling his startup AppDynamics was "the hardest decision" of his career. Turning hundreds of employees into millionaires was a deciding factor.23 hours ago -
Business - Inc.
Inside the Collapse of Security Experts’ Cyber Startup IronNet
Angry investors fault company leadership and questionable business practices that led to a spectacular flameout after a 2021 stock listing.Yesterday -
Business - Inc.
Inside Athlos: Alexis Ohanian’s Women’s Track Startup
Fresh off his Angel City FC sale to Bob Iger and Willow Bay, the Reddit co-founder expands his athletic portfolio into track–with a bang.Yesterday -
Business - CNBC
Jim Cramer tells investors to put this chipmaker and this bank on their buy lists
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.Yesterday -
Business - Financial Times
Shein’s elusive founder holds pre-IPO investor meetings in London
Sky Xu’s pitch comes as fast-fashion group still awaits regulatory approvalsYesterday -
Business - CNBC
Helene recovery could cost $34 billion. Here's who might pay for it.
President Joe Biden said Monday that he may have to call on Congress to end its recess early to pass more disaster relief.Yesterday -
Tech - Wired
AI's Big Gift to Society Is … Pithy Summaries?
Companies keep rolling out AI features that boil down various kinds of text. They're making us dumber.Yesterday -
Business - MarketWatch
Cisco is reportedly close to investing in Nvidia-backed AI startup CoreWeave
Cisco Systems Inc. is close to investing in artificial intelligence startup CoreWeave in a deal that values the company at $23 billion, Bloomberg reported Friday, citing people with knowledge of ...Yesterday -
Business - MarketWatch
Bank of America investor sentiment gauge sees biggest rise in 11 months
Bank of America’s bull and bear indicator just saw its biggest rise in 11 months, a sign of growing if not yet bubbly investor sentiment.Yesterday -
Business - Financial Times
Battery storage funds have gone flat for investors
Rollout of clean energy technology has been fraughtYesterday -
Business - The Wall Street Journal
For Chinese Tech Startups, Beijing Fills a Funding Void Left by VCs
Previous efforts to inject state money into favored industries have yielded mixed results.Yesterday -
Top stories - BBC News
The Papers: 'PM defies US to cede Chagos' and 'oil price scare'
Several papers highlight Israel's potential next move against Iran, with widespread speculation its oil infrastructure could be targeted.Yesterday -
Top stories - CBS News
Trump-backed mass deportations would cost billions, report says
Former President Donald Trump has long shared plans for mass deportations if he returns to office, but how much would that cost? A new report from the American Immigration Council has some ...Yesterday - Donald Trump -
Business - MarketWatch
Why Skittles, Cheez-Its and other snacks could get more expensive with this $36 billion merger
Consumer advocate group says the merger between Mars and Kellanova would create yet another massive player in the food industry, restricting competition and giving the combined company more leeway ...Yesterday -
Tech - VentureBeat
Big Sur AI drives future of e-commerce with AI
CONTRIBUTOR CONTENT: From startups to industry giants like TikTok, companies are increasingly turning to AI to improve online sales. Digital advertising is moving five times faster than inflation ...Yesterday - Artificial Intelligence -
Business - CNBC
OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
On top of its latest funding round, OpenAI has put a $4 billion revolving credit line in place — bringing its total liquidity to more than $10 billion.Yesterday -
Business - Inc.
OpenAI Asks Investors to Avoid Five AI Startups, Including Sutskever’s SSI
The market leader in generative AI applications is asserting its dominant position to secure exclusive financial commitments from financial backers.Yesterday -
Business - MarketWatch
As Nvidia’s stock rises again, this stat shows investors aren’t overly bullish
The majority of active managers tracked by BofA have Nvidia positions — but the stock’s relative weighting in funds is still not aggressive, which could come as some relief.Yesterday -
Business - Inc.
U.S. Funds Four Power Grid Projects With $1.5 Billion
The money comes from the 2021 bipartisan infrastructure law and will fund 1,000 miles of new transmission lines in Louisiana, Maine, Mississippi, New Mexico, Oklahoma and Texas.Yesterday -
Tech - The New York Times
OpenAI Adds $4 Billion Credit Line on Top of $6.6 Billion Investment Round
The San Francisco company is gathering the billions its executives believe they will need to continue building new A.I. technology.Yesterday -
Tech - VentureBeat
As tech giants monopolize AI talent, development studios like Lateral emerge to offer tailored solutions for startups and Fortune 500s alike
CONTRIBUTOR CONTENT: As artificial intelligence continues to transform industries, a select few development studios have emerged as trusted partners, providing the technological infrastructure ...Yesterday -
Tech - VentureBeat
Voyage AI’s multilingual embeddings boost Snowflake’s Cortex AI for improved enterprise RAG
Enterprise RAG accuracy needs better embeddings and that’s what Voyage AI provides with models that will be coming to Snowflake Cortex AI users.2 days ago -
World - The New York Times
A Climate Fund Could Pay Billions to Protect Trees in Amazon and Beyond
Brazil is proposing a fund that would pay countries to protect tropical forests that are crucial to curbing climate change. It would generate returns, too.2 days ago - Climate -
World - Financial Times
Retail investors can sustain China’s market bounce
Beijing’s stimulus efforts may not be enough to win over battered foreign investors2 days ago - China