Elon Musk’s artificial intelligence firm xAI will hold a funding round valuing the company at $200 billion, according to CNBC, keeping up with or nearing massive valuations from competitors like Anthropic and OpenAI.
From selling coffee to labeling data for AI models, see how the latest additions to Forbes’ annual list got so rich.
Economists were “blown away” by Oracle’s projections for AI growth: “We’re all kind of in shock, in a very, very good way.”
Inside Forbes’ ranking of the richest billionaires in the United States.
Elon Musk is not on the guest list released by the White House.
The project in the Manila Bay entertainment district consists of a five-star hotel, a casino, a shopping mall and several theaters.
After a volatile April for U.S. stocks, a guide to which of the world’s top ten richest came out ahead–and whose fortunes fell.
Powell suggested the central bank may loosen its monetary policy, sparking a broader market surge and benefiting the world’s richest.
The owner of the social media subscription site best known for hosting adult content has now earned over $1.8 billion in dividends since buying the website in 2018.
Pierson has cozied up to everyone from Diane Von Furstenberg to Selena Gomez, burnishing her image as her businesses unraveled. A case study in how hubris is bad for business.