Hoan Ton-That, the cofounder and CEO of facial recognition startup Clearview AI, has resigned from his position. The company announced that early investor Hal Lambert and cofounder Richard Schwartz will take over as co-CEOs. Ton-That will remain on Clearview’s board as he steps away from day-to-day operations. He stated he was “leaving on a high ... Read more ›
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The reality of business success often comes with a massive tax bill—but it doesn’t have to. I watched this video where someone met with Karlton Dennis, a tax strategist who made $11.5 million in 2024 while paying less than $92,000 in taxes. His insights completely changed how I view wealth and taxation. What stood out ... Read more ›
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Apple unveiled the iPhone 16e, a lower-cost model with artificial intelligence features, on Wednesday. Priced at $599, the new device is set to become available starting February 28, offering a more affordable alternative to the iPhone 16, which is priced at $799. The iPhone 16e includes Apple Intelligence features, which CEO Tim Cook mentioned as ... Read more ›
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The S&P 500 has gained 71% since the bull market began in October 2022. The economy has been resilient, with strong consumer spending and business investments driving corporate earnings growth. Manufacturing expanded in January for the first time in over two years. The services sector has expanded for 56 straight months. Wall Street expects accelerating ... Read more ›
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Altitude Lab announced the launch of a $2.5 million pre-seed venture fund to support early-stage biotechnology startups impacted by recent federal funding policy shifts. The Altitude Lab Fund (ALF) aims to bridge critical funding gaps for startups undergoing the Small Business Innovation Research (SBIR) review process but now face delays or uncertainties due to policy ... Read more ›
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Microsoft has announced a significant breakthrough in quantum computing by creating the Majorana 1 processor. This chip uses an exotic state of matter called topological qubits to store and process information. The Majorana 1 chip is the result of nearly two decades of research. It uses quasiparticles called Majorana zero modes to represent ones and ... Read more ›
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On Wednesday, the S&P 500 reached a new record high as investors weighed President Trump’s latest tariff moves and reviewed the Federal Reserve’s minutes for insights into future policy. The benchmark index rose about 0.2% to hit 6,144.15. The Nasdaq Composite and Dow Jones Industrial Average both gained approximately 0.1%. The Fed’s minutes showed most ... Read more ›
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Lambda, a San Francisco-based AI cloud platform company, has secured $480 million in Series D funding. The round was led by Andra Capital and SGW, with participation from new investors such as Andrej Karpathy, ARK Invest, Fincadia Advisors, G Squared, In-Q-Tel (IQT), KHK & Partners, and NVIDIA. Pegatron, Supermicro, Wistron, and Wiwynn also made strategic investments. ... Read more ›
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The recent announcement of DeepSeek’s R1 model sparked widespread attention and market turbulence, with NVIDIA experiencing a staggering $600 billion market cap loss. As someone deeply immersed in AI developments, I can tell you that this wasn’t the overnight sensation many perceived it to be. DeepSeek has been methodically building its foundation through transparent research ... Read more ›
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Nvidia is introducing a ‘priority access’ program to help fans purchase the highly sought-after GeForce RTX 5080 and 5090 Founders Edition graphics cards. The limited supply of these GPUs has made them almost impossible to buy. Nvidia’s new initiative aims to ensure genuine gamers, rather than scalpers, can get their hands on these powerful cards. The ... Read more ›
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The fintech industry showed signs of recovery in 2024 after a challenging 2023. Valuations for some of the biggest private fintechs increased, and publicly traded companies like Affirm, Coinbase, and Robinhood saw their stocks rise. However, worldwide funding for private fintechs continued to slide, decreasing to $34 billion last year from $42 billion in 2023 ... Read more ›
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Global shares traded mixed on Thursday, with French and German markets experiencing gains while British shares fell. In Asia, major benchmarks finished lower as concerns over U.S. President Donald Trump’s tariff policies weighed heavily on global investors’ minds. France’s CAC 40 gained 0.4% in early trading to reach 8,142.89, and Germany’s DAX rose 0.3% to ... Read more ›
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The Ministry of Skill Development and Entrepreneurship, the National Skill Development Corporation, and Intel India have launched an AI training program called “AI for Entrepreneurship.” The goal is to train 1 lakh young innovators in artificial intelligence and entrepreneurial skills by 2025. The micro-learning module is hosted on the Skill India Digital Hub. It aims ... Read more ›
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Luminance, a London-based legal artificial intelligence startup, has raised $75 million in a Series C funding round led by Point72 Investments. The round also saw participation from new investors Forestay Capital, RPS Ventures, and Schroders Capital, as well as existing investors March Capital, National Grid Partners, and Slaughter and May. This brings the total amount ... Read more ›
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The Tony Elumelu Foundation has partnered with the United Arab Emirates Office of Development Affairs and the Khalifa Bin Zayed Al Nahyan Foundation to empower 1,000 young African entrepreneurs. The $6 million agreement was signed by TEF Founder Tony Elumelu and Mohamed Haji Al Khoori, Director General of the Khalifa Bin Zayed Al Nahyan Foundation, ... Read more ›
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Helsing, a German startup, is making waves in the European defense industry as the continent’s only defense-tech “unicorn.” The company’s focus on integrating advanced AI and machine learning technologies into military applications sets it apart from traditional European defense firms. Helsing’s innovative approach is pushing established players to reassess their strategies and adopt new technologies. ... Read more ›
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Glencore, the Swiss-based mining and commodities giant, is considering removing its listing from the London Stock Exchange (LSE). This move could have significant ramifications for the UK’s financial market. The company’s executives are conducting a comprehensive review that includes the possibility of shifting its primary or secondary listing to other exchanges. Options being considered are ... Read more ›
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Gagan Preet Singh Malhotra is a pioneering force in India’s consumer electronics sector. With an engineering background and a passion for manufacturing, he transformed his family business into a system-driven powerhouse. Under his leadership, Wybór achieved several industry firsts, including India’s first LCD TV in 2007, LCM for LED TVs in 2012, and smart TV ... Read more ›
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Consumer prices in the United States rose at their fastest pace in nearly 1.5 years in January, driven by increases in the cost of shelter, food, and gasoline. The Consumer Price Index (CPI) increased by 0.5% for the month, contributing to a year-on-year gain of 3.0%, according to the latest data. The core CPI, which ... Read more ›
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Inspired by Jordan Welch’s YouTube video — it’s clear that building a sellable business isn’t about overnight success; it’s about following a proven blueprint and playing the long game. Building a successful business starts with a fundamental truth: personal discipline lays the foundation for professional success. As Jordan Welch emphasizes, it’s crucial to eliminate destructive ... Read more ›
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17.12.2025 06:04
Last update: 05:50 EDT.
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