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With a new presidential administration, rich valuations, and unrelenting AI advances all in effect, here’s what VCs and tech executives expect in the private markets. Read More
Budrul Chukrut | Lightrocket | Getty Images Exxon Mobil and Chevron are jumping into the race to power artificial intelligence data centers, as the two oil majors bet tech companies will ultimately turn to natural gas to meet their tremendous energy needs. Exxon unveiled plans this week to build a natural gas plant to power … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. US tech stocks slipped on Friday as investors pivoted away from companies that had led markets higher for much of this year. The S&P 500, Wall Street’s main equity benchmark, fell 1.1 per cent on … Read more
Here’s a heartwarming story that should bring you joy this holiday season: the worst people you know are all fighting. The MAGA v. Tech Right feud that kicked off over Christmas, spurred by a divide on allowing skilled immigrant workers to come stateside, was escalated by Elon Musk on Thursday. Trump’s “first buddy” declared far-right … Read more
The debate touched off this week when Laura Loomer criticized Trump’s selection of Sriram Krishnan as an adviser on AI policy in his coming administration. Read More
KULR Technology has invested $21 million in Bitcoin as part of its strategy to allocate 90% of surplus cash to the cryptocurrency. KULR, a U.S.-based company which specializes in thermal management solutions mainly for electronic components and batteries, has acquired 217.18 Bitcoin (BTC) for nearly $21 million as part of the company’s Bitcoin Treasury strategy. … Read more
Jensen Huang, co-founder and CEO of Nvidia Corp., holds up the company’s AI accelerator chips for data centers as he speaks during the Nvidia AI Summit Japan in Tokyo on Nov. 13, 2024. Akio Kon | Bloomberg | Getty Images Artificial intelligence is still an abstract concept for many everyday consumers unsure about how it … Read more
Travelers in the American Airlines check-in area at John F. Kennedy International Airport (JFK) in New York, US, on Tuesday, Dec. 24, 2024. American Airlines Group Inc. said a technical vendor glitch was the cause of a brief groundstop on all US flights on Christmas Eve, one of the busiest days of the holiday travel season. … Read more
Itamar Ben Hemo didn’t have to join the war. At age 49, the Israeli tech entrepreneur was well outside of the range of mandatory service. But following last year’s Oct. 7 attack by Hamas, Ben Hemo signed up as a reservist, confident that his experience fighting as a paratrooper in Lebanon in 2006 made him … Read more
Michael Saylor, chairman and chief executive officer at MicroStrategy, during an interview at the Bitcoin 2023 conference in Miami Beach, Florida, US, on Thursday, May 18, 2023. Eva Marie Uzcategui | Bloomberg | Getty Images On the eve of MicroStrategy‘s stock market debut in June 1998, founder Michael Saylor stayed in a penthouse suite at … Read more
https://www.profitablecpmrate.com/nsirjwzb79?key=c706907e420c1171a8852e02ab2e6ea4