Finance

OpenAI CEO Sam Altman expects AGI, or artificial general intelligence—AI that outperforms humans at most tasks—around 2027 or 2028. Elon Musk’s prediction is either 2025 or 2026, and he has claimed that he was "losing sleep over the threat…

A large portion of Nvidia’s growth this quarter was driven by data center revenue, totaling $30.8 billion for the quarter, which was up 112 percent from last year. The company’s gross profit margin was 74.5 percent, essentially flat from a…

Substack does not have an official policy governing the use of AI. One of Substack’s cofounders, Hamish McKenzie, has described the generative AI boom as a sea change that writers will need to confront, regardless of their personal views on…

On the campaign trail, Trump went out of his way to court their favor. In July, speaking to thousands of bitcoiners at a conference in Nashville, Tennessee, Trump duly sang from the bitcoin hymn sheet, promising to cement the US as the…

While the biometric-scanning Orb and the World network have their roots in crypto tokens, “crypto” wasn’t an oft-mentioned word during the event. Instead, Altman and Blania emphasized World’s blockchain service, digital asset management,…

The Trump family’s new crypto venture, World Liberty Financial, is off to an inauspicious start after website crashes limited the ability for investors to participate in an inaugural token sale event.The crypto token, WLFI, went on sale at…

Why is Stockholm, a capital city with a population less than one million, home to global brands such as Skype, Spotify, Klarna and Minecraft? “I think it has to do with the Swedish creed,” says Ben Eliass, CEO of bodycare brand Estrid.…

In the past two years the French capital has been in the throes of AI fever and has launched some of Europe’s most talked-about startups, including Mistral, which is currently valued at $6.2 billion (£4.7 billion). That’s partly down to the…

Having spent many years as second fiddle to Barcelona, Madrid surpassed its Catalan cousin in 2023 with startups securing €605 million ($672 million) investment above Barcelona’s €457 million ($507 million). “Lots of Latin American talent…

One extraordinary trip that did see the light of day thanks to crowdfunding was Thor Pedersen’s 10-year journey to visit every country in the world in one continuous trip—all without flying, becoming the first person ever to do so. The…