SpaceX raised a record US$75 billion in its initial public offering on Thursday, making Elon Musk the world’s first trillionaire with a net worth exceeding US$1.1 trillion. The IPO highlights investor…
Apollo Global Management chief economist Torsten Sløk said there is "zero evidence" that artificial intelligence is causing job losses, arguing instead that the AI boom is creating employment and fuel…
JPMorgan Chase CEO Jamie Dimon advised Generation Z graduates to focus on developing critical thinking, emotional intelligence, and communication skills rather than fearing AI job displacement, callin…
Nvidia CEO Jensen Huang has joined the advisory board of Tsinghua University's School of Economics and Management in Beijing, placing him alongside Apple CEO Tim Cook, Elon Musk, and other global busi…
Anthropic CEO Dario Amodei, who previously warned that AI could eliminate half of entry-level white-collar jobs within years, now argues that automation will transform and multiply work rather than de…
The S&P 500 and Nasdaq traded in a narrow range Wednesday as the AI-driven rally stalled and investors monitored Middle East developments. Banking stocks fell after JPMorgan Chase CEO Jamie Dimon warn…
JPMorgan Chase CEO Jamie Dimon warned that the people managing money will soon be "AI people" rather than the bankers they replaced. Dimon said artificial intelligence will transform the financial ind…
Microsoft AI chief Mustafa Suleyman predicted on May 17, 2026 that AI will automate most white-collar work within 18 months, despite repeated similar forecasts since 2023 failing to materialize. No si…
In five days, Anthropic grew its Q1 revenue 80-fold to a reported $44 billion annual run rate, committed $200 billion to Google Cloud, signed a SpaceX compute deal, shipped Claude Code Auto Mode, and …