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The Giving Pledge was meant to turbocharge philanthropy. Few billionaires got on board.
Warren Buffett, Bill and Melinda Gates, in an interview on May 5, 2015 CNBC A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. In June 2010, Bill Gates, Melinda French Gates and […]
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Tesla co-founder JB Straubel is using old EV batteries to power AI data centers
As demand for energy skyrockets amid the rise of AI, one of Tesla‘s co-founders is betting on a new solution: giving old electric vehicle batteries a second-life. JB Straubel, who helped launch Tesla and served as its tech chief until 2019, founded Redwood Materials in 2017 to recycle batteries and build a closed-loop supply chain […]
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OpenAI spearheads one of Europe’s biggest data centers with 100,000 Nvidia chips
Jaque Silva| Nurphoto | Getty Images OpenAI on Thursday said it is launching a Stargate-branded AI data center in Norway, marking its first foray into Europe with such a project. British firm Nscale will design and build the site as part of a 50-50 joint venture with Norwegian energy infrastructure firm Aker. OpenAI will be […]
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Tom Lee’s Granny Shots ETF rakes in $2 billion in AUM just 9 months after inception
Tom Lee, managing partner and the head of research at Fundstrat Global Advisors, speaks on CNBC’s “The Exchange” on Oct. 31, 2023. Adam Jeffery | CNBC An ETF driven by Tom Lee, an unabashed bull on Wall Street with a big online fandom, just hit another milestone. His first exchange-traded fund Fundstrat Granny Shots US Large […]
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How Huawei ascended from telecoms to China’s ‘jack of all trades’ AI leader
The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC Despite being beaten down by years of U.S. trade restrictions, China’s telecom giant Huawei has quietly emerged as one of the country’s fiercest competitors across the entire AI landscape. Not only does the Shenzhen-based firm appear to represent Beijing’s answer […]
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Microsoft stops relying on Chinese engineers for Pentagon cloud support
Microsoft Chairman and Chief Executive Officer Satya Nadella (L) returns to the stage after a pre-recorded interview during the Microsoft Build conference opening keynote in Seattle, Washington on May 19, 2025. Jason Redmond | AFP | Getty Images Microsoft on Friday revised its practices to ensure that engineers in China no longer provide technical support […]
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OpenAI says it will use Google’s cloud for ChatGPT
OpenAI CEO Sam Altman speaks to members of the media as he arrives at a lodge for the Allen & Co. Sun Valley Conference on July 8, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images News | Getty Images OpenAI said Wednesday that it expects to use Google’s cloud infrastructure for its popular […]
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As media reckons with strategic shifts, a new crop of leaders is coming into play
Warner Bros. Discovery Chief Financial Officer Gunnar Wiedenfels walks to a session at the Allen & Company Sun Valley Conference on July 9, 2025 in Sun Valley, Idaho. Kevin Dietsch | Getty Images Legacy media is in a time of tumult. And it’s bringing a new crop of decision-makers to the fore. In an industry […]
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The markets are telling you not to worry with steep drop in volatility. Should you listen?
As midsummer sets in and the trauma of the springtime sell-off fades, the markets are whispering, “Don’t worry.” With every orderly ratchet higher to a record high in the benchmark indexes, affirmed by a breakout in bitcoin as gold sleeps, a steep retreat in market volatility and a collapse in corporate-credit spreads, the investment universe […]
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Slam dunk? Fundstrat’s Tom Lee considers two new themes for his Granny Shots ETF
ETF Edge Slam dunk? Fundstrat’s Tom Lee considers two new themes for his Granny Shots ETF Published Thu, Jul 3 20254:00 PM EDT Siena Griffin@siena_griffin WATCH LIVE Source
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