How Elon Musk got around disclosing his finances to the public
The billionaire is wielding immense authority over federal agencies, but unlike cabinet members, doesn’t have to publicly disclose his investments or potential conflicts.
The billionaire is wielding immense authority over federal agencies, but unlike cabinet members, doesn’t have to publicly disclose his investments or potential conflicts.
Now that the AI clickworker startup Invisible Technologies is wildly successful, its founder and CEO is buying out his VCs – and is borrowing against the company to do so.
Property prices in Australia are easing, according to CoreLogic data, yet rent rates remain at an all-time high. Could this be the right time to finally move out of the rental trap and into home ownership? Here’s what you need to know.
Musk, who last year said “things that inhibit freedom of exchange or distort the market are not good,” became $11 billion poorer Monday.
Earnings were weaker than expected, the near-term outlook is murky, EV sales are down, and Elon Musk is more distracted than ever before. But with a phalanx of loyal shareholders and a cowed board he’s not going anywhere.
The leading AI startup is currently valued at $157 billion.
The seemingly overnight success of Chinese AI firm DeepSeek has catapulted its founder, Liang Wenfeng, to billionaire status. Here’s how.
The financial services brand, known as “Truth.Fi,” will focus on “American growth, manufacturing, and energy companies,” according to a release.
White House AI czar David Sacks alleged Tuesday that DeepSeek had used OpenAI’s data outputs to train its latest models through a process called distillation.
For years, immigration detention centers run by Geo Group and CoreCivic have been plagued by allegations of dangerous conditions, negligence and mismanagement, which the companies deny. And they’re about to get a massive influx of new detainees from President Trump’s mass deportation effort.