Oracle co-founder Larry Ellison's net worth has surged to around $192 billion as investors reward the company's aggressive push into AI cloud infrastructure, even as Oracle cuts jobs in other areas. T…
Leonhard Soenke and Patrice Becker, founders of creator gifting startup Throne, have pivoted to energy infrastructure for AI with a new company called TAR, raising a $27 million seed round at a $500 m…
MacKenzie Scott, ex-wife of Amazon founder Jeff Bezos, has donated over $26.3 billion through her organization Yield Giving, making her one of the most prolific philanthropists in history. Despite giv…
A developer recounts a frustrating experience with a mobile banking app's chatbot that deflected rather than resolved their issue, highlighting how deflection rate—a metric that measures whether custo…
Pure Storage rebranded as Everpure in early 2026, dropping 'Storage' from its name to target data leadership and AI buyers, alongside acquiring data intelligence firm 1touch and reporting a record $1 …
Om Malik, renowned tech journalist and investor, died two days ago after a long battle with a heart condition. Known for his keen analysis, generosity, and acerbic criticism, he was a fixture at Apple…
A Forbes investigation citing The Information reveals that the majority of activity on xAI's Grok chatbot is driven by explicit content, including pornographic images and adult role-play. Similarweb d…
Forbes reports that global AI infrastructure expansion drove a 17% rise in data-center electricity demand in 2025, with data centers consuming 1.5% of global electricity in 2024. Cooling could require…
OpenAI is leaning toward delaying its initial public offering until 2027 to achieve a $1 trillion valuation, according to reports. CEO Sam Altman reportedly considers any lower valuation a non-starter…
Elon Musk lost his trillionaire status as shares in Tesla and SpaceX plunged during a global stock selloff, with Forbes listing his net worth at $970.2 billion. The decline followed investor fears of …
Publishers at the Cannes Lions festival are scrutinizing AI and agentic media buying deals, seeking clarity on which holding groups have real technical builds and budgets versus those selling concepts…
LinqAlpha won Best AI Solution at the 2026 Hedge Fund Services Awards, presented by With Intelligence, for its multi-agent platform used by over 70 financial institutions. The award, selected by an in…
Uber burned through its entire 2026 AI budget in four months, driven by widespread use of AI coding tools like Claude Code across the organization, not by a single moonshot project. Leaked audio from …
Palantir Technologies CEO Alex Karp purchased a 3,720-acre ranch in Snowmass, Colorado, for $120 million from St. Benedict's Monastery, which could no longer support itself due to a lack of monks. The…
Apollo Global Managements chefsekonom Torsten Sløk varnar för tre makroekonomiska risker: fortsatt energiturbulens i Mellanöstern, svag avkastning på AI-investeringar och stigande inflation. Han ser e…
Cadence, a startup using AI to manage chronic disease, raised $100 million in a Series E round led by Spark Capital, valuing the company at $1.2 billion. The company claims its platform saves Medicare…
Baden Bower's AI Visibility Index 2026, which tracked 12,040 citations across six AI engines, ranked Forbes first with a score of 92, followed by Business Insider. The study found that editorial outle…
Renji John's second greenhouse robotics startup, Eternal.ag, has raised about $10 million to deploy autonomous tomato harvesters in high-tech greenhouses, targeting labor shortages in repetitive crop …
Automated AI agents now generate 57.5% of HTML web traffic, surpassing human traffic for the first time, according to Cloudflare Radar data announced by CEO Matthew Prince on June 3, 2026. HUMAN Secur…
Elon Musk became the world's first trillionaire on June 12, 2026, after SpaceX's record-breaking IPO pushed his net worth to roughly $1.1 trillion. His wealth is now 3.7 times that of No. 2 Larry Page…