Startups

As artificial intelligence reshapes the workplace, Anthropic co-founder Jack Clark has some unexpected career advice for young people worried about their future: develop a hobby. The remarks come as Anthropic says its AI assistant Claude now generates roughly 80% of the code used within the startup...

Mira Murati, co-founder and CEO of Thinking Machines Lab, said frontier AI must function like a “tandem bike,” with both humans and machines collaborating throughout development. Speaking at Bloomberg Tech 2026 in San Francisco on Friday, the former OpenAI CTO pushed back on the idea...

Reid Hoffman, who co-founded LinkedIn in 2002, is stepping down from Microsoft‘s (NASDAQ:MSFT) board of directors to refocus on Manus, his AI-powered drug discovery startup, the company announced Thursday. LinkedIn Founder Returns to Startup Roots Hoffman joined the MSFT board in 2016...

SpaceX signed a $920 million monthly compute-leasing deal with Alphabet (NASDAQ:GOOG) (NASDAQ:GOOGL), granting access to roughly 110,000 Nvidia (NASDAQ:NVDA) GPUs across its data centers through mid-2029, days before its landmark public offering. Who Gets An Exit Clause Under the agreement outlined...

New On The Block Jasper Therapeutics (NASDAQ:JSPR), a clinical-stage biotechnology company, is reviewing strategic alternatives, including a sale or merger, to maximize shareholder value. The company intends to evaluate cost-saving measures to preserve cash and maintain compliance with regulatory...

SpaceX CEO Elon Musk on Thursday outlined that the company’s Starlink satellite internet service’s low-Earth-orbit constellation had over 10,000 satellites. 10,000 Satellites In Orbit Quoting a post by SpaceX on the social media platform X, Musk hailed the Falcon 9 rocket putting...

Broadcom Inc. (NASDAQ:AVGO) CEO Hock Tan said Wednesday the company is helping finance custom artificial intelligence chips for large language model developers, highlighting the enormous infrastructure costs facing AI companies such as Anthropic and OpenAI as they race to scale their models. In the...

JPMorgan Chase (NYSE:JPM) CEO Jamie Dimon will reportedly pitch SpaceX‘s upcoming initial public offering to thousands of the bank’s wealthy clients at a special event in New York on Thursday. Dimon will be joined by JPMorgan executives Mary Erdoes and Marianne Lake, while SpaceX Chief...

Microsoft Corporation (NASDAQ:MSFT) has unveiled a series of new AI models in a bid to compete with Anthropic. Mustafa Suleyman, Microsoft’s AI chief, told The Financial Times that the company’s superintelligence team is focusing more on enterprise use cases, developers,...

Goldman Sachs‘ (NYSE:GS) CEO, David Solomon, has stated that investors are now in “greed mode”, as markets prepare for a significant fundraising wave from large artificial intelligence firms. On Tuesday, Solomon told CNBC that there is sufficient capital for the...

OpenAI CEO Sam Altman is reportedly backing an AI startup named Alfred. The startup, led by former employees of Tesla Inc. (NASDAQ:TSLA) and Meta Platforms (NASDAQ:META), is also receiving financial backing from Khosla Ventures, SV Angel, and Chapter One, among others, reported Business...

Sen. Bernie Sanders (I-Vt) has proposed a bill aimed at granting the American public ownership in the nation’s leading artificial intelligence (AI) companies. Sanders, on Monday, has put forth the American AI Sovereign Wealth Fund Act proposal. This proposed legislation would...