Venture capitalist Neil Rimer of Index Ventures predicts that AI-generated wealth, currently concentrated among model builders and infrastructure owners, will shift to a broader set of players includi…
Elon Musk's proposal for 'Universal High Income' driven by AI and robotics was met with a stark warning from investor Michael Burry, who predicted revolution before such a system could be implemented.…
The US Department of Commerce awarded AI startup SandboxAQ $500 million under the CHIPS Act to develop new semiconductor materials, reducing reliance on Chinese supply chains. The government takes an …
SpaceX's amended IPO filing includes language suggesting the company may issue equity for future transactions, signaling a potential merger with Tesla. The IPO also reserves 5% of shares—worth $3.75 b…