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These crypto billionaires are cashing out

As bitcoin soars and stock prices more than double, the executives at top publicly-traded crypto firms have been regularly selling.

  • By John Hyatt
  • Forbes Staff

Microsoft earnings: Stock tanks as AI business growth worse than expected

A leader in all things technology for decades, the profitable but often plain Microsoft received a jolt over the last two years as analysts declared Microsoft the immediate winner in the AI rave, though it disappointed investors Tuesday.

  • By Derek Saul
  • Forbes Staff

Canva acquires Aussie genAI start-up Leonardo.AI

An Australian generative AI platform that raised $47 million last year has been snapped up by design juggernauts Canva, but the numbers are hush-hush.

  • By Anastasia Santoreneos
  • Forbes Staff

Tether’s billionaire CEO is afraid of wasting this ‘once-in-one-hundred-years opportunity’

Paolo Ardoino says that the company has already made more money than he could have ever dreamed. Now he plans to use the company’s balance sheet to replicate its success with digital dollars in the fields of data, artificial intelligence and education.

  • By Steven Ehrlich
  • Forbes Staff
Canva

‘Urgent question’: Sam Altman raises alarm bells in open letter on future of AI

The CEO of OpenAI wants to know whether the US and allied nations will advance a democratic future – or an authoritarian one. “There is no third option,” he says.

  • By Anastasia Santoreneos
  • Forbes Staff

Christina Cacioppo’s software startup just raised new funds at a $2.5 billion valuation

One of America’s most successful self-made women, Vanta CEO Cacioppo talks about navigating her company’s growth and putting herself and her company at center stage.

  • By Phoebe Liu

Block to face ‘disruptive’ internal overhaul, founder Jack Dorsey warns staff

Fintech company Block is set to overhaul its internal reporting structure, founder and CEO, Jack Dorsey, told staff in an internal memo.

  • By Anastasia Santoreneos
  • Forbes Staff

The 10 richest people in the world lose $66 billion in a day

The billionaires behind Tesla, Alphabet, Meta, LVMH and more saw their fortunes plunge in the billions on Wednesday following a rash of earnings reports that disappointed investors.

  • By Sarah Young

Ultra-wealthy now worth $75 trillion thanks to rallying equities

A late-year rally in global equities increased the global ultra-high-net-worth population’s total net-worth by 7.6% to US$49.2 trillion, a new report has found.

  • By Anastasia Santoreneos
  • Forbes Staff

Elon Musk’s net worth plunges $16 billion as Tesla stock tanks

Musk remains the richest person on Earth even after losing the equivalent of the 113th-wealthiest person’s entire fortune in one morning.

  • By Derek Saul
  • Forbes Staff
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