American billionaire Mark Zuckerberg's Meta seeks up to $25 billion in bond sale
Meta, controlled by billionaire Mark Zuckerberg, is seeking up to $25 billion in a bond sale, including its first euro notes, to pay for AI.
Artificial Intelligence
American billionaire Dario Amodei's Anthropic IPO set to turn staff into millionaires
Anthropic, led by billionaire siblings Dario and Daniela Amodei, is heading for a Nasdaq listing that will turn many of its 5,300 employees into millionaires.
American billionaire Ross Perot Jr. says the AI boom is leaving the US short of giant warehouses
American billionaire Ross Perot Jr. says the AI boom has left the US with just 15 to 20 vacant giant warehouses, down from a more typical 50.
Nigerian tech entrepreneur Iyinoluwa Aboyeji launches AI startup to train 1 million engineers
Iyinoluwa Aboyeji, who co-founded Andela and Flutterwave, has launched Talent Nation, a startup that aims to supply African AI engineers to companies worldwide.
TikTok billionaire Zhang Yiming becomes China's richest person with $99.7 billion
ByteDance founder Zhang Yiming is China's richest person again after his fortune jumped 43% to $99.7 billion on the back of the company's AI push.
American AI billionaire Dario Amodei and fellow Anthropic founders each worth $13 billion
Anthropic's IPO filing shows each of its seven co-founders, including CEO Dario Amodei, owns about 1.4% of the company, a stake worth over $13 billion.
American hedge fund billionaire Bill Ackman predicts a $1 trillion Israeli company
Pershing Square founder Bill Ackman says artificial intelligence will help Israel produce a $1 trillion company and he is still looking to invest more.
Japanese billionaire Masayoshi Son plans $50 billion AI and data center investment in Malaysia
be watching for confirmation from SoftBank and for details on timing, partners and funding. Excerpt Japanese billionaire Masayoshi Son plans to invest $50 billion in AI and data centers in Malaysia, with sites chosen in Sarawak and the peninsula.
American AI billionaire Dario Amodei's Anthropic posts $16.3 billion first-half revenue
Dario Amodei's Anthropic grew revenue nearly fifteenfold in the first half, its draft IPO filing shows, ahead of a listing that could top $1.5 trillion.
American billionaire Elon Musk's SpaceX and Tesla explore $3.5 trillion merger
SpaceX and Tesla have each formed special committees to study a merger, Elon Musk said, in what would be the largest corporate deal ever.
Bill Gates prepares a major personal push on AI safety
The Microsoft co-founder is preparing to press technology executives and may commit significant personal resources to push for stricter oversight of artificial intelligence.
Australian billionaire James Packer's AI bet in doubt after $30 billion IPO flop
James Packer backed Firmus Technologies when the AI data centre company was valued at $5.5 billion. After its proposed A$44 billion stock market debut collapsed, the company is looking to private investors for its next phase of growth.
Indian billionaire Sridhar Vembu freezes Zoho pay rises as AI costs soar
Zoho founder Sridhar Vembu has told staff there will be no pay rise this year, blaming a fourfold jump in server prices driven by AI.
World's richest man Elon Musk's SpaceX seeks $40 billion to buy Nvidia chips
Elon Musk’s SpaceX is seeking $10 billion in bank loans and $30 billion in investment-grade debt, led by Apollo, to fund a Nvidia chip order.
Elon Musk says AI will make everyone rich, but jobs will change
Elon Musk says AI will deliver "universal high income" and top healthcare for everyone, speaking after signing a voluntary White House safety accord with five rival CEOs.
Billionaire Jensen Huang's Nvidia approves a record $150 billion share buyback
Nvidia authorised another $150 billion of share buybacks on Sept. 28, taking its remaining capacity to $235 billion through fiscal year 2028.