Investing

An Australian marathoner’s brush with sepsis in the U.S. sparked a mission to dismantle legacy insurance brokerage models with an AI-native tech stack. VC investment soon flowed.

The gap between the planet’s two wealthiest people has never been larger heading into the New Year.

Billionaire Jack Dorsey says AI could replace middle managers. After cutting 4,000 jobs at Block, he may already be putting that idea to work.

The record-breaking funding round comes as the AI company reportedly lays the groundwork for going public.

It made a controversial splash at this year’s AO, and now supports Aussie AFL and NRL athletes. Whoop wearables are making their mark in Australia, as the Boston-based company reaches decacorn status.

The small group of people worth a dozen digits has hit a record high, just as Elon Musk approaches trillionaire territory.

OnlyFans has been a money-printing machine for its secretive billionaire owner Leonid Radvinsky. Investors were puzzled by an obscure debt fund’s pitch to buy him out, until they learned of his terminal cancer diagnosis.

A proposed bill would bar members of Congress, the president and other executive branch officials from trading on political events.

Backed by Jeff Bezos, Danny Meyer and other savvy investors, Matias Muchnick’s NotCo has created alternatives for Coca-Cola, Kraft Heinz, Ferrero and more food giants. And the appetite for change is only growing.

Bezos is reportedly in talks with investors in the Middle East and Singapore to raise the funds.