The Experience Economy Strikes Back
Physical Spaces Are Becoming the Boldest Bet in a Digital World For the last decade, the narrative was clear. Digital wins. Physical retail shrinks. Offices fade. Events move online. Then…
OpenAI Raises $110B With Backing From SoftBank, Nvidia and Amazon
OpenAI said on Friday it is raising $110 billion in a blockbuster funding round that would value the ChatGPT maker at $840 billion, in a deal that signals the feverish…
SpaceX Eyes Confidential IPO at $1.75T Valuation, Reports Bloomberg News
Elon Musk's SpaceX is aiming to file confidentially for an initial public offering that could value the rocket and satellite company at more than $1.75 trillion, Bloomberg News reported on…
Nvidia to Launch New AI Processor for OpenAI and Other Customers, WSJ Reports
Nvidia plans to launch a new processor designed to help OpenAI and other customers build faster, more efficient AI systems, the Wall Street Journal reported on Friday, citing people familiar…
Cristina Junqueira and the Art of Building Trust at Scale
Cristina Junqueira did not set out to build a unicorn. She set out to fix something that felt deeply unfair. In her early twenties, working in Brazil’s financial sector, she…
Meta signs multi-billion-dollar deal to rent Google AI chips, The Information reports
Meta Platforms has signed a multi-billion-dollar deal to rent artificial intelligence chips from Google to develop new AI models, The Information reported on Thursday, citing a person involved in the…
Paramount Skydance wins Warner Bros; Netflix walks away and its shares jump
Paramount Skydance emerged as the winner in a months-long battle to acquire Warner Bros Discovery, after streaming giant Netflix on Thursday refused to raise its bid for the storied Hollywood…
Hyundai Motor Group to invest $6.3 bln in AI data centre, robot factory in South Korea
Hyundai Motor Group and South Korea on Friday signed a deal to invest about 9 trillion won ($6.26 billion) to build an AI data centre, a robot manufacturing factory and…
Do Won Chang: The Immigrant Who Built a Fast-Fashion Empire
Starting With Three Jobs and a Dream When Do Won Chang and his wife Jin Sook reached Los Angeles in 1981, they arrived with almost nothing. He knew very little…
Amazon’s $50B OpenAI Investment Tied to IPO or AGI Milestone: Report
Amazon's plan to invest up to $50 billion in OpenAI could depend on whether the AI developer goes public or achieves an artificial general intelligence (AGI) milestone, The Information reported…