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What to know about Perplexity, the buzzy — and controversial — AI startup targeting a big funding round
Perplexity has raised hundreds of millions from Jeff Bezos and Nvidia while clashing with top media…
Geoff Weiss
Elon Musk downsized Big Tech. Can he do the same to Big Government?
Uncle Elon vs. Uncle Sam will be a battle for the ages.
Amanda Hoover
This $9 billion hedge fund just joined the raid on big bank commodity index traders with a senior JPMorgan hire
Alphadyne's hire of commodity trader Thomas Byuen follows similar hires by Jain Global, Balyasny, a…
Alex Morrell
Middle East wealth funds are scrambling to rescue their big bets on the future
The sovereign wealth funds of Saudi Arabia and Abu Dhabi have made big bets on tech firms that now …
Hasan Chowdhury
Elon Musk wins big by betting on Trump
Elon Musk will likely benefit from close ties to the president-elect and a lighter regulatory envir…
Ana Altchek
Simply Put: A Deposit Dilemma — What's the fuss about a crisis in Indian bank deposits? Are mutual fund investments to blame?
Indians seem to be depositing less money in banks, and everyone's blaming the stock markets. But ar…
Telegram CEO Pavel Durov is funding free IVF for women who have his children
Telegram CEO Pavel Durov is funding IVF treatments for Russian women using his sperm, a Moscow-base…
Thibault Spirlet
These tech investors are trawling UC Berkeley to fund the next Perplexity or Databricks
The House Funds invests in a conveyor belt of entrepreneurial talent coming out of the University o…
Melia Russell
This fund manager up 97% this year thanks to an under-the-radar stock is BI's investor of the month for October
The fund rose 20% in October alone.
William Edwards
What's in a title? How hedge funds and their employees use the industry's lack of consistency to their advantage
Hedge fund titles have become a part of the industry's talent war. "It's extremely tough to know wh…
Bradley Saacks
The investors behind OpenAI's historic $6.6 billion funding round
OpenAI has raised $6.6 billion in a new funding round that's also one of the largest private invest…
Alex Bitter,Ana Altchek,Hasan…
Funding 'John Wick' kick-started Eva Longoria's investing career. Now, it's her day job.
Eva Longoria got her start as an actor. But after investing $6 million to save "John Wick," she's b…
Jason Guerrasio
Trump picked a Project 2025 coauthor to run the FCC. Here's what it means for Big Tech.
Carr authored a chapter of Project 2025 that advocates for "reining in Big Tech," accusing it of pu…
Matthew Loh
Warren Buffett is building the Noah's Ark of rainy-day funds. Here's why he's stacked up more than $300 billion.
Warren Buffett's Berkshire Hathaway has pared key bets such as Apple and spent little on stocks, bo…
Theron Mohamed
OpenAI's latest funding round could be a bargain or a bust for investors
If OpenAI were to IPO tomorrow at its $157 billion valuation, it would be the second-largest Americ…
Dan DeFrancesco
Why quant giant D.E. Shaw seeks out academics, doctors, and veterans to work at the $60 billion hedge fund
The firm is known for recruiting talent from outside of finance to work at the long-running asset m…
Bradley Saacks
The US dollar is jittery ahead of a big week, and there's more to it than the presidential election
The US Federal Reserve is holding its interest-rate meeting. China could greenlight more fiscal sti…
Huileng Tan
America is ready to go big on AI infrastructure
A new, $30 billion fund from Microsoft and BlackRock, as well as a government task force, aim to ta…
Hasan Chowdhury
First 7 months of FY25 see significant surge in VC funding to India's startups: GlobalData
India's startup ecosystem experienced a surge in venture capital (VC) funding during the first seve…