Former presidential candidate Andrew Yang urged startups to focus on lowering the cost of living as AI compresses wages and eliminates entry-level jobs. Yang cited his own company, Noble Mobile, which…
Andrew Yang says the next big startup opportunity is lowering the cost of living, not building AI, as AI compresses wages and eliminates jobs. His mobile carrier Noble Mobile gives customers money bac…
A coalition of 42 state attorneys general has opened an investigation into OpenAI, with New York Attorney General Letitia James serving a subpoena for documents on advertising, data handling, and mode…
A coalition of 42 state attorneys general has opened an investigation into OpenAI, with New York serving a subpoena demanding records on advertising, user data, minors, and internal policies. The prob…
Jeff Bezos' startup Prometheus has raised $12 billion in new funding, bringing its valuation to $41 billion, as the company works to develop an "artificial general engineer" aimed at accelerating inve…
Goldman Sachs CEO David Solomon told the firm's 2,500 summer interns in a welcome letter Friday that they are entering an "innovation supercycle," citing SpaceX's historic $75 billion IPO and global M…
Prometheus, a Jeff Bezos-backed startup, raised $12 billion in a funding round at a $41 billion valuation, with investors including JPMorgan Chase, Goldman Sachs, and BlackRock. The company, which emp…
Goldman Sachs President John Waldron cited SpaceX’s upcoming IPO as proof of strong investor appetite for artificial intelligence infrastructure, pointing to the company’s $1.75 trillion to $1.8 trill…
Goldman Sachs President John Waldron cited SpaceX's $1.77 trillion IPO as evidence of surging investor demand for AI infrastructure, with the offering expected to raise approximately $74 billion at $1…
Prometheus, the physical-AI startup co-founded by Jeff Bezos and Vik Bajaj, raised $12 billion at a $41 billion valuation in a round that included JPMorgan Chase, Goldman Sachs, BlackRock, DST Global …
Jeff Bezos's physical AI startup Prometheus raised $12 billion at a $41 billion valuation to develop an "artificial general engineer" that automates the design and manufacturing of complex physical sy…
SpaceX will pay its underwriters a gross spread of just 0.75% for the largest initial public offering in history, matching the lowest percentage on record for a conventional U.S. IPO. Despite the reco…
Jeff Bezos's AI startup Prometheus raised $12 billion in a funding round at a $41 billion valuation from investors including JPMorgan Chase, Goldman Sachs, and BlackRock. The company, co-led by Bezos …
Benedict Evans, a veteran tech analyst and former Andreessen Horowitz partner, published his most consequential analysis yet, "AI Eats the World," arguing that the AI revolution will force companies t…
SpaceX is targeting a $1.77 trillion valuation for its planned Nasdaq IPO in June 2026, aiming to raise approximately $75 billion in what could become one of the largest public offerings in history. M…
Goldman Sachs projects SpaceX's AI division revenue will surge from $3.2 billion in 2025 to $322 billion by 2030, a 100-fold increase that would make AI the company's dominant business line. The inves…
Mainland Chinese investors withdrew a record 24.6 billion yuan ($3.7 billion) from China-listed ETFs tracking Hong Kong equities in a single week, marking the largest weekly outflow ever for these fun…
The Bureau of Labor Statistics reported 172,000 jobs added in May, nearly triple Goldman Sachs' forecast and well above Wall Street's consensus of roughly 89,000. Analysts warned the strong headline m…
SpaceX has barred investors from Hong Kong and China from its planned $75 billion initial public offering, with underwriters Goldman Sachs and Morgan Stanley enforcing compliance under US Internationa…
Data-centre developer Switch is in talks to raise billions of dollars at a valuation of at least $50bn, capitalizing on surging demand for AI infrastructure. Brookfield Asset Management, KKR, and othe…