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Why Silicon Valley is really talking about fleeing California (it’s not the 5%)
If you’ve been following the billionaire exodus from California with some confusion, here’s what’s actually driving the nervousness: it’s not the 5% rate. As highlighted Friday in the New York Post, the proposed wealth tax would hit…
Who’ll next implement an Australia-style under-16s social media ban?
Recently the Australian Senate passed a law to ban children under 16 from having social media accounts including TikTok, Facebook, Snapchat, Reddit, X. Matt Cardy | Getty Images News | Getty ImagesAustralia's social media ban for…
Led by Texas, New Hampshire, states race add bitcoin to public finance
Led by Texas and New Hampshire, U.S. states across the national map, both red and blue in political stripes, are developing bitcoin strategic reserves and bringing cryptocurrencies onto their books through additional state finance and…
Trump administration’s legal setbacks are good news for offshore wind — and the grid
The Trump administration suffered a series of legal setbacks this week after judges allowed work to restart on several offshore wind farms under construction on the East Coast.
The Department of the Interior had ordered a stop to five…
Google files to appeal search monopoly case
Google CEO Sundar Pichai during the press conference after his meeting with Polish PM Donald Tusk at Google for Startups Campus In Warsaw in Warsaw, Poland, on Feb. 13, 2025.Jakub Porzycki | Nurphoto | Getty ImagesGoogle on Friday filed…
AI cloud startup Runpod hits $120M in ARR — and it started with a Reddit post
Runpod, an AI app hosting platform that launched four years ago, has hit a $120 million annual revenue run rate, founders Zhen Lu and Pardeep Singh tell TechCrunch.
Their startup journey is a wild example of how if you build it well…
Musk’s xAI faces tougher road expanding Memphis area after EPA update
Elon musk and the xAI logo.Vincent Feuray | Afp | Getty ImagesThe Environmental Protection Agency closed a loophole this week that Elon Musk's xAI had exploited to rapidly stand up its first data center in Memphis, Tennessee. Musk's…
OpenAI to begin testing ads on ChatGPT in the U.S.
OpenAI CEO Sam Altman visits "Making Money With Charles Payne" at Fox Business Network Studios in New York on Dec. 4, 2024.Mike Coppola | Getty ImagesOpenAI on Friday announced it will begin testing ads within ChatGPT in the coming…
The AI healthcare gold rush is here
AI companies are clustering around healthcare and fast.
In just the past week, OpenAI bought health startup Torch, Anthropic launched Claude for healthcare, and Sam Altman-backed MergeLabs closed a $250 million seed round at an…
Survey finds CEOs, security execs are divided on cyber risks of AI
A survey released Friday by corporate insurer Axis Capital shows there's a growing divide across the C-suite on how executives view the risks, rewards and impact of cutting-edge AI technology. On one hand, artificial intelligence is…
AI journalism startup Symbolic.ai signs deal with Rupert Murdoch’s News Corp
Newsrooms have been experimenting with AI for several years now but, for the most part, those efforts have been just that: experiments. A relatively unknown startup, Symbolic.ai, wants to change that, and it just signed a major deal…
TSMC earnings draw investors’ eyes back to AI
A man walks past a TSMC logo at Hsinchu Science Park in Hsinchu, Taiwan April 15, 2025. Ann Wang | Reuters
Thursday offered markets a rare respite from nonstop geopolitical upheaval. Yet the week's headlines still reflected larger…
Amazon says Saks investment is worthless after bankruptcy
Amazon package and Saks Fifth Avenue bag.Getty ImagesAmazon wants a federal judge to reject Saks Global's bankruptcy financing plan, writing in court papers the beleaguered department store "burned through hundreds of millions of dollars…
The US imposes 25% tariff on Nvidia’s H200 AI chips headed to China
After months of rumors the Trump administration was going to impose tariffs on semiconductors, a tariff has been announced for some chips. The tariff only applies to certain semiconductors, including the Nvidia H200 advanced AI chips…
TSMC extends record quarter, profit jumps 35% on robust AI chip demand
TSMC offices in San Jose, California, on April 18, 2024.Bloomberg | Bloomberg | Getty ImagesTaiwan Semiconductor Manufacturing Company on Thursday reported a 35% increase in fourth-quarter profit, beating estimates and hitting a fresh…
Mira Murati’s startup, Thinking Machines Lab, is losing two of its co-founders to OpenAI
Former OpenAI exec Mira Murati’s startup, Thinking Machines Lab, is saying goodbye to two of its co-founders, both of whom are headed back to OpenAI. Another former OpenAI staffer who went to work for Murati’s startup is also headed…
Musk says Tesla is moving Full Self-Driving to a monthly subscription
Tesla CEO Elon Musk said Wednesday that the electric vehicle maker will stop selling its Full Self-Driving (Supervised) software for a flat rate and instead will only offer it as a monthly subscription."Tesla will stop selling FSD after…
VoiceRun nabs $5.5M to build a voice agent factory
Nicholas Leonard and Derek Caneja wanted to build AI voice agents, but when they went to build the product, they felt many of these voice agents had design flaws.
Some of these agents were being built with no-code tools, meaning…