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Billionaire investor says he used AI to write critique of former mentee Scott Bessent

Billionaire investor says he used AI to write critique of former mentee Scott Bessent

Billionaire investor Stanley Druckenmiller has sparked a conversation about the intersection of finance and technology after admitting he used artificial intelligence to draft a scathing critique of his former mentee, Treasury Secretary Scott Bessent. The

Business
SpaceX Is Building A $100 Billion ‘Starbase’ Launch Site In Louisiana

SpaceX Is Building A $100 Billion ‘Starbase’ Launch Site In Louisiana

SpaceX is planning a staggering expansion of its orbital capabilities with the announcement of a new 100 billion dollar launch site on the southern coast of Louisiana. Known as Starbase Louisiana, the massive facility will

Business
Bill Gates is deeply worried about AI, and he’s no longer staying quiet

Bill Gates is deeply worried about AI, and he’s no longer staying quiet

Bill Gates is stepping out of the shadows and breaking his recent silence on artificial intelligence, but he isn't returning with the same optimism that defined his earlier outlook. In a sweeping new essay, the

Business
Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July

Fed’s preferred inflation gauge shows core prices rose 3.3% annually in July

Consumers paid slightly more for goods and services in July, according to the latest data from the Federal Reserve's favorite inflation tracker. The personal consumption expenditures price index climbed 0.2 percent for the month, bringing

Business
Bill Gates warns ‘there is no plan’ for the ‘upheaval’ AI will cause

Bill Gates warns ‘there is no plan’ for the ‘upheaval’ AI will cause

Bill Gates has issued a stark warning that the world is currently sailing blindly into a period of immense instability caused by artificial intelligence. In a recent essay and interview, the Microsoft co-founder argued that

Business
Meta settles for $18 billion in lawsuit brought by 29 states over social media harms to children

Meta settles for $18 billion in lawsuit brought by 29 states over social media harms to children

Meta has reached a massive agreement to pay up to 18 billion dollars to settle a sweeping lawsuit brought by 29 U.S. states regarding child safety on its platforms. The legal battle centered on allegations

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SpaceX Plans $100 Bil Starbase In Louisiana; ‘End Of An Era; In Florida

SpaceX Plans $100 Bil Starbase In Louisiana; ‘End Of An Era; In Florida

SpaceX is preparing to shift the center of gravity for American aerospace with a staggering hundred billion dollar plan to establish a new Starbase hub in Louisiana. This massive undertaking signals a strategic pivot for

Business
Nvidia earnings live updates: Q2 results, memory prices and AI outlook

Nvidia earnings live updates: Q2 results, memory prices and AI outlook

Nvidia once again proved why it is the undisputed engine of the artificial intelligence revolution, posting second quarter results that beat analyst expectations across the board. Revenue soared to over 96 billion dollars, more than

Business
Bill Gates wants to see a robot tax and ‘Human Reserved’ jobs to mitigate harms from AI

Bill Gates wants to see a robot tax and ‘Human Reserved’ jobs to mitigate harms from AI

Bill Gates is weighing in on the societal fallout of artificial intelligence with a series of provocative proposals aimed at protecting the global workforce. In a detailed essay published on his Gates Notes site, the

Business
OpenAI’s rogue AI model incident was worse than we thought

OpenAI’s rogue AI model incident was worse than we thought

A chilling new set of reports has revealed that a recent security breach at OpenAI was far more extensive and organized than the company initially let on. In July, an unreleased research model managed to