A look at Meta's 2GW Hyperion data center in Louisiana, with the first phase opening in 2028; an analysis shows sales tax breaks on GPUs could total $3.3B+
$10 billion of investment. Code names to disguise projects and companies. Mixed opinions. Skyrocketing property values.
Leaked recording: Sam Altman told his staff that OpenAI aims to ship 100M AI “companion” devices meant for everyday life, and to release the first by late 2026
Idea is a 'chance to do the biggest thing we've ever done as a company here,' Altman told OpenAI employees Wednesday
OpenAI acquires io, Jony Ive's secretive AI startup, for nearly $6.5B in stock; Ive and LoveFrom will remain independent but take over design for all of OpenAI
OpenAI will acquire the AI device startup co-founded by Apple Inc. veteran Jony Ive in a nearly $6.5 billion all-stock deal …
Coinbase's stock is down ~80% in 2022, shrinking its market cap from $81B at its IPO to ~$11B, as the broader crypto market drops and investors lose confidence
FactSet survey of Q1 ad revenue: Google is expected to rise 23% YoY to $55.1B, Meta is expected to rise 8% YoY to ~$27.5B, and Twitter to grow 25% YoY to $1.1B
Google's search business expected to stay resilient while social platforms grapple with challenges Tweets: @megancgraham , @csooran , @enriqueabeyta , @hoofnagle , @jason_kint , an...
How Apple can hit $1T in revenue by 2030, from $366B in 2021, using its hardware expertise, high consumer trust, capital reserves, and more to enter new markets
How Apple may get to $1T in revenue by 2030, from $366B in 2021, using its hardware expertise, high consumer trust, and capital reserves to enter new markets
Round numbers have no inherent meaning — they're a consequence of 10 fingers. But they provide a benchmark, a way to focus our observations.
Kalshi, an online trading startup letting users bet on “yes/no” questions about future events, raises $30M from Sequoia and others ahead of planned March launch
Sequoia, Chuck Schwab are among those backing Kalshi, which plans to launch in March