Business

A Denny’s busboy turned centibillionaire, Jensen Huang is Nvidia’s largest individual shareholder with a 3.5% stake in the AI dominator.

Nvidia stock is already up 180% this year and more than 31,000% over the last decade as the company became the face of the artificial intelligence revolution.

Thomas Peterffy explains why his stock brokerage has joined the political betting craze—and takes a dig at his upstart competitors.

After a great deal of hype, Tesla conducted its “We Robot” robotaxi reveal on Thursday Evening at Warner Studios in Los Angeles.

The aerospace company has faced production slumps and a declining stock this year as it now contends with striking workers and a massive workforce reduction.

Computer science whiz Dylan Coyne sparked up an idea for a telehealth platform in 2021 when he realised working a 9-5 didn’t leave you with much time to see a doctor. Three years later, Updoc, the company he co-founded with Clifton Hodgkinson, has served more than 200,000 customers to date and banked $20 million in funding.

Funding for female founders rose from 11% of deals in Q2 to 13% in Q3. But its still down significantly from 2023. Techstars managing director Kirstin Hunter and Flying Fox Ventures’ Rachael Neumann say companies founded by women are not getting the resources they need to be successful.

The billionaire CEO said the new fleet of autonomous vehicles would cost $30,000 and launch before 2027, though Musk has blown by product timelines in the past.

OpenAI alleged Musk’s suit was an attempt to gain a competitive advantage for his own artificial intelligence startup, xAI.

A select group of Australian companies have made it onto Forbes’ World’s Best Employers 2024 list – including a few that have been in the headlines lately for the wrong reasons.