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Peter Thiel 'Red-Pilled' Elon Musk, Mark Zuckerberg And Silicon Valley's Elite At Critical Turning Points, Says Researcher Tracking Founders Fund's Influence
Thursday, July 10, 2025 - 7:23am | 725Venture capitalist Peter Thiel wielded significant influence over prominent tech leaders, including Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg and Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk at critical junctures in their careers, according to a researcher tracking Founders Fund‘s...
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VC Insists Only '996' Culture Can Propel Toward Billion-Dollar Startups, But Reveals 'There Is Nuance'
Wednesday, July 9, 2025 - 6:45am | 583Venture capitalist Harry Stebbings says founders who clock out at 5 pm will never helm a $10 billion company, arguing the global race for artificial intelligence dominance demands "seven days a week" commitment. What Happened: Stebbings ignited a firestorm in June when he wrote on LinkedIn that "7...
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Microsoft Slashes 9,000 Jobs While Mark Zuckerberg's Meta Poaches $20 Million Worth Of AI Talent From OpenAI: Investor Warns Of 'Jealousy, Envy, And Helplessness' Among Tech Workers In Silicon Valley
Thursday, July 3, 2025 - 5:35am | 571Microsoft Corp. (NASDAQ:MSFT) cut 9,000 jobs in its second 2025 layoff round while Meta Platforms Inc. (NASDAQ:META) and OpenAI ignite a talent war with compensation packages reaching $20 million annually, creating stark contrasts in Silicon Valley’s artificial intelligence landscape. What...
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Palantir CEO Alex Karp Has New Book Out About Silicon Valley: 'A Moment Of Reckoning Has Arrived For The West'
Monday, February 24, 2025 - 7:19pm | 653A new book from Palantir Technologies (NASDAQ:PLTR) CEO and co-founder Alex Karp has a unique take on the company's role and how Silicon Valley lost its way. The timing of the book launch comes as Palantir stock has soared in the past year. What Happened: Karp and Palantir's Head of Corporate...
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Bitcoin, Ethereum, Solana Crash — Here's Why China's Low-Cost AI Model DeepSeek May Be To Blame
Monday, January 27, 2025 - 2:12pm | 669Chinese AI startup DeepSeek's $6 million AI model has rattled global global markets, with experts warning it signals a major shift in AI competition. What Happened: Speaking with Benzinga, experts suggest the Chinese startup's efficiency-focused approach is reshaping perceptions of dominance in...
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China's Tech Giants Alibaba, ByteDance, And Meituan Are Expanding Their Silicon Valley AI Footprints Amid US Efforts To Block Progress: Here's Why
Monday, November 18, 2024 - 11:15pm | 706China’s leading tech firms, Alibaba (NYSE:BABA), ByteDance, and Meituan (OTC:MPNGY) (OTC:MPNGF), are reportedly expanding their AI teams in Silicon Valley. What Happened: These Chinese tech giants have been growing their California-based offices recently, to attract...
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Peter Thiel Says Elon Musk's Support For Trump Paved The Way For Other Silicon Valley Leaders To Back Him: 'Incredibly Courageous'
Friday, November 15, 2024 - 6:30am | 459A realignment has taken shape in Silicon Valley, with Tesla Inc. CEO Elon Musk‘s support for President-elect Donald Trump encouraging other tech leaders to publicly embrace conservative positions, according to PayPal co-founder Peter Thiel. What Happened: “There was some degree to which...
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iPod Co-Creator Tony Fadell Dismisses ChatGPT Type LLMs Saying 'We're Trying To Make Science Fiction Happen' — Bashes Silicon Valley's Entitlement
Wednesday, October 30, 2024 - 12:36am | 720Former Apple Inc. executive and co-creator of the iPod, Tony Fadell has expressed his disapproval of Silicon Valley’s entitlement culture and the use of large language models. What Happened: On Tuesday, Fadell, who is also the founder and former CEO of Nest Labs, took the stage at...
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Trump's Rise Linked To Silicon Valley's 'Excesses,' Says Palantir CEO Alex Karp: 'I Don't Believe You Would Have A Trump Phenomenon Without...'
Monday, August 19, 2024 - 5:19am | 511Palantir Technologies Inc (NYSE:PLTR) CEO Alex Karp linked the rise of former President Donald Trump to the actions of Silicon Valley. What Happened: Karp, in a wide-ranging interview with The New York Times, suggested that the rise of Trump was a direct result of the “excesses” of...
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Mark Cuban Blasts Tech Billionaires: 'They Feel Like They Should Control The World' With Trump 'CEO Of The United States Of America'
Thursday, August 15, 2024 - 5:49pm | 575Billionaire and NBA team owner Mark Cuban has not been one to shy away from sharing his opinion on other billionaires, including Elon Musk, who he often feuds. New comments from Cuban show exactly how he feels about technology billionaires today. What Happened: During a recent appearance on "The...
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Elon Musk Highlights Top Silicon Valley Investors Marc Andreessen, Ben Horowitz Discussing Their Support For Trump: 'We Literally Believe The Future Of Our Business...Is At Stake' (UPDATED)
Wednesday, July 17, 2024 - 10:17am | 839Editor’s Note: This story has been updated to clarify that Marc Andreessen and Ben Horowitz are the co-founders of Andreessen Horowitz, which is also known as a16z. Elon Musk, the CEO of Tesla Inc., drew attention to the support of two prominent Silicon Valley investors for former President...
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Nvidia Partner Lambda Labs In Talks To Raise $800M To Expand AI Infrastructure And Meet Soaring Demand For GPUs And Cloud Services
Sunday, June 30, 2024 - 10:14pm | 619In a bid to capitalize on the surging demand for AI computing, Lambda Labs, a Silicon Valley startup, is in discussions to raise an additional $800 million. What Happened: The proposed funding would significantly boost the company’s valuation, placing it among the best-funded startups in...
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Silicon Island Rising: A Tiny Mediterranean Nation Wants To Be The Next Big AI Hub — The Startup Density Is Already 50% Higher Than America's
Monday, May 27, 2024 - 6:05am | 607Malta, a small Mediterranean island, is positioning itself as a significant player in the AI industry. What Happened: The island nation, known for attracting wealthy tourists, is leveraging artificial intelligence to automate tasks, enhance education, and address traffic congestion. Malta aims to...
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Crypto Stablecoin Issuer Circle To Relocate To US Amid Market Rebound
Wednesday, May 15, 2024 - 10:37am | 591Circle Internet Financial, the company behind the world’s second-largest stablecoin (CRYPTO: USDC), is set to move its headquarters from Ireland to the United States. What Happened: While the specific reason for the move remains undisclosed, the company confirmed the filing of legal paperwork...
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Nvidia CEO Jensen Huang's 'Demanding' Leadership Style Draws Mixed Reactions From Experts, Some Defend Its Effectiveness
Monday, May 13, 2024 - 4:59am | 752NVIDIA Corp (NASDAQ:NVDA) CEO Jensen Huang has been described as a “demanding” boss by his employees, a label he embraces. In a recent interview, Huang defended his leadership style, asserting that it takes a relentless approach to run a company of Nvidia’s magnitude. What...