Index Ventures is on a historic run, with exits like Figma and Wiz generating billions. But its unique rule forces partners like Danny Rimer to step back in their mid-50s. The firm’s future now hinges on whether its next-gen leaders can keep the magic alive.
Singapore’s government and major banks are launching a massive AI bootcamp to retrain 35,000 domestic banking staff over the next two years. The goal is to upskill workers and cushion against the large-scale job cuts seen in the US and Europe, but attrition and rising expectations tell a more comple
OpenAI is rolling out ChatGPT Health, a secure version of its chatbot designed for health questions. It connects to your medical records but stresses it’s not for diagnosis. The move comes as data shows AI is already a top source for medical info.
In a move highlighting institutional interest, Dow Jones has partnered with crypto-based prediction platform Polymarket. The deal will see real-time betting data integrated across its digital and print properties.
WhatsApp is rolling out three new features for group chats. The upgrades focus on identity, expression, and organization within our most chaotic digital spaces.
Aurzen is showing off a wild new portable projector at CES. The ZIP Cyber Edition uses a Z-shaped tri-fold design to collapse to about an inch thick, and it even rotates for vertical video.
Billionaire Larry Page is severing his business ties to California. He’s moving his family office and investment vehicles to Delaware and Florida, a clear move to avoid a proposed state wealth tax on assets over $1 billion.
Elon Musk’s artificial intelligence startup xAI has secured a staggering $20 billion in new funding. The round includes backing from Nvidia and uses a unique financial structure to lock down critical GPU hardware.
Nvidia co-founder and CEO Jensen Huang has been awarded the prestigious IEEE Medal of Honor. The award, announced at CES on January 6, comes with a $2 million prize and recognizes his lifetime of work in accelerated computing.
Ray Dalio, founder of Bridgewater Associates, says the AI boom is in the “early stages of a bubble.” He’s not alone, as OpenAI’s Sam Altman and investor Michael Burry have expressed similar concerns. Yet, the market keeps climbing.
