Peter Thiel

Peter Thiel, the billionaire cofounder of PayPal and an early Facebook investor, has a complicated relationship with higher education. On one hand, he graduated from Stanford University with a philosophy degree and a law degree. Conversely, he thinks college is so overrated that he will pay...

Influential venture capitalist and co-founder of PayPal Holdings (NASDAQ:PYPL) and Palantir Technologies Inc. (NASDAQ:PLTR), Peter Thiel, is known for his early conviction in Bitcoin (CRYPTO: BTC), and his Founders Fund has been reaping substantial gains from the asset. What happened: The San...

Donald Trump is back and so is the boom for Palantir (NYSE:PLTR) – and a couple of its early founders are reaping the benefits. Joe Lonsdale and Stephen Cohen, Peter Thiel’s close associates, joined the billionaire club thanks to a massive rise in Palantir’s stock value following Trump'...

Renowned tech investor and Palantir Technologies’ co-founder Peter Thiel has made a daring prediction about the potential impact of President-elect Donald Trump’s 60% tariff on Chinese goods. What Happened: On Thursday, during an interview with The Free Press, Thiel suggested...

At LAUNCH Festival 2015, Peter Thiel offered insights into how Elon Musk simultaneously transformed the auto and aerospace industries through Tesla Inc. and SpaceX. What Happened: In a conversation with Jason Calacanis, Thiel explained that Musk succeeded partly by choosing “weak competition...

JD Vance was primarily known to the general public for his memoir, Hillbilly Elegy, but his path to national politics had a lot more to do with his powerful backer, Peter Thiel. Thiel, a billionaire investor and cofounder of PayPal, played a big role in Vance's venture capital career and his 2022...

Crusoe Energy, a data center startup, has secured a $500 million equity investment led by Peter Thiel‘s Founders Fund to expand its artificial intelligence infrastructure. What Happened: The investment round values Crusoe at approximately $3 billion, more than double its valuation two years...

Polymarket CEO Shayne Coplan has responded to growing scrutiny report highlighting the platform’s influence in the 2024 U.S. presidential election betting market. What Happened: In a post on X (formerly Twitter), Coplan clarified that Polymarket is strictly non-partisan and aims to provide an...

Palantir Technologies Inc (NYSE:PLTR), the secretive data analytics company co-founded by Peter Thiel has formed a strategic partnership with defense contractor L3Harris Technologies Inc (NYSE:LHX), with both companies’ CEOs emphasizing the collaboration’s potential to advance U.S....

A new Benzinga poll pitted Warren Buffett, Elon Musk, and other renowned investors against each other, asking readers to decide who they would trust to turn $1,000 into $100,000 the fastest based on their past and current investment track records. What Happened: Elon Musk has helped transform...

The U.S. indices closed Wednesday in positive territory, with the Dow Jones Industrial Average increasing by 0.09% to 42,196.52, while the S&P 500 inched up 0.01% to reach 5,709.54. The Nasdaq also rose, up 0.08% to 17,925.12. These are the top stocks that gained the attention of retail traders...

Peter Thiel has sold nearly $600 million worth of Palantir Technologies Inc. (NYSE:PLTR) stock this week, according to the company’s regulatory filing with U.S. Securities and Exchange Commission. This brings his total stock sales for the year to over $1 billion. What Happened: Thiel sold...

Endorsements or commentary by key business leaders can affect undecided voters’ choices in the 2024 presidential election. Here's a look at which business leader could have the biggest influence on the 2024 election. What Happened: A new Benzinga reader poll shows that Tesla CEO Elon Musk...

In a major development, tech behemoths Palantir Technologies Inc. (NYSE:PLTR) and Dell Technologies Inc. (NYSE:DELL) are all set to join the blue-chip S&P 500 index. Typically, the inclusion is positive for stocks due to increased trading volume and liquidity resulting from purchases by index...

The billionaire tech investor Peter Thiel has cautioned against the growing movement to regulate artificial intelligence (AI). In a recent speech at Cambridge University, Thiel shared his concerns that although AI might be dangerous, the true threat could come from a government with the authority...