Browsing: billion

Technology

Medvi, glorified by the New York Times as a two-employee startup with more than $1 billion in revenue, is a warning about how AI can be misused for shady business and marketing practices (Gary Marcus/Marcus on AI)

By Stacey D. WallsApril 5, 2026

Featured Podcasts Lenny’s podcast: Anthropic’s Growth from $1 Billion to $19 Billion: How Claude Became the Fastest-Growing AI Product in…

Technology

Docs: Israeli AI chip startup Hailo pursues urgent IPO via SPAC merger for valuation below $500 million; it was last valued at $1.2 billion in 2024 (Meir Orbach/CTech)

By Stacey D. WallsApril 3, 2026

Meir Orbach / CTech: Docs: Israeli AI chip startup Hailo pursues urgent IPO via SPAC merger for valuation below $500…

Technology

Sources: SpaceX offers $2 trillion-plus valuation to potential investors in IPO; SpaceX’s acquisition of xAI would have valued the combined company at $1.25 billion (Bloomberg)

By Stacey D. WallsApril 2, 2026

Bloomberg: Sources: SpaceX offers $2 trillion-plus valuation to potential investors in IPO; SpaceX’s acquisition of xAI would have valued the…

Technology

Official data shows that Indian smartphone exports reached $11 billion in the first half of fiscal 2026, up 55% year-on-year; analysts warn Iran war could trigger 22-25% decline in coming weeks (Quratulain Rehbar/Nikkei Asia)

By Stacey D. WallsMarch 31, 2026

Quratulain Rehbar / Nikkei Asia: Official data shows that Indian smartphone exports reached $11 billion in the first half of…

Technology

Social gaming startup Rec Room will shut down its service on June 1, saying it couldn’t find a path to profitability; it was valued at $3.5 billion as of December 2021 (Todd Bishop/GeekWire)

By Stacey D. WallsMarch 30, 2026

Todd Bishop / GeekWire: Social gaming startup Rec Room will shut down its service on June 1, saying it couldn’t…

Technology

Hong Kong-listed AI drug discovery company Insilico Medicine and Eli Lilly sign drug co-development deal worth up to $2.75 billion, with $115 million in upfront payments (Evelyn Cheng/CNBC)

By Stacey D. WallsMarch 29, 2026

Featured Podcasts Lenny’s podcast: From Skeptic to True Believer: How OpenClaw Changed My Life | Claire Vo Interviews with world-class…

Technology

Taiwanese memory chip maker Nanya raised $2.5 billion in private placement from Sandisk, SK Hynix’s Solidigm, Cisco and Kioxia to expand advanced chip production (Reuters)

By Stacey D. WallsMarch 28, 2026

Featured Podcasts Big Tech Podcast: Why OpenAI killed Sora, did Apple just save Siri?, Meta’s big loss The Big Technology…

Technology

U.S. memory chip stocks lost about $100 billion in market value this week, led by Micron’s 15% decline, after Google Research detailed its TurboQuant compression algorithm (Financial Times)

By Stacey D. WallsMarch 27, 2026

Financial Times: U.S. memory chip stocks lost about $100 billion in market value this week, led by Micron’s 15% decline,…

Business & Money

The war in Iran wipes out $100 billion in luxury goods

By Stacey D. WallsMarch 27, 2026

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide for wealthy…

Technology

SoftBank says it has secured a $40 billion bridge loan maturing in 2027 from JPMorgan Chase, Goldman Sachs and other banks, to fund new investments in OpenAI (Akash Sriram/Reuters)

By Stacey D. WallsMarch 27, 2026

Featured Podcasts Hard fork: The Ezra Klein Show: How quickly will AI agents destroy the economy? The future is already…

US to establish fuel depot in Philippines to support operations in South China Sea – Radio Free Asia

Japan’s combat role in Philippine war drills signals shift in regional strategy – Radio Free Asia

PNG-Australia defense treaty creates jobs, poses risks amid growing Chinese influence – Radio Free Asia

Sino-US competition for rare earths triggers Pacific seabed mining project near Guam – Radio Free Asia

North Korean hackers offer $70,000 per month to act as front – Radio Free Asia

Revolution Medicines’ Pancreatic Cancer Drug Daraxonrasib Passes Trial

Delta unveils first new Delta One suite amid premium cabin arms race

Billionaire’s Rugged SUV Startup Aims for U.S. Growth

Goldman Sachs (GS) results for 1Q 2026

How Kodak is trying to recover from the brink of bankruptcy

Eric Swalwell shows his lack of character in his resignation statement

Senator Reuben Gallego calls for Eric Swalwell to be expelled from Congress

Trump turning into Jesus revealed the depths of his madness

Judge dismisses Trump’s lawsuit against Wall Street Journal over Epstein birthday letter

Trump and MAGA see their future as Viktor Orbán is eliminated in Hungarian elections

Google calls “back button hijacking” malicious, saying sites that interfere with a browser’s back button function could be demoted in search starting in June (Abner Li/9to5Google)

OpenAI acquires personal finance startup Hiro Finance for undisclosed amount; Hiro is stopping new registrations, will close its doors on April 20 and delete all data on May 13 (Julie Bort/TechCrunch)

Voters in Festus, Missouri, ousted all four incumbent council members up for re-election last week, days after the council approved a $6 billion data center (Jeff Tomich/Politico)

Sources: Data labeling startup Handshake’s annualized gross revenue reached about $1 billion, up from $550 million in January; Mercor achieved an annualized gross revenue run rate of more than $1 billion this year (The Information)

Anthropic says its $20 million donation to Public First Action cannot be “used to influence federal elections” and aims to educate the public on AI policy (Veronica Irwin/Transformer)

Browsing: billion

Medvi, glorified by the New York Times as a two-employee startup with more than $1 billion in revenue, is a warning about how AI can be misused for shady business and marketing practices (Gary Marcus/Marcus on AI)

Docs: Israeli AI chip startup Hailo pursues urgent IPO via SPAC merger for valuation below $500 million; it was last valued at $1.2 billion in 2024 (Meir Orbach/CTech)

Sources: SpaceX offers $2 trillion-plus valuation to potential investors in IPO; SpaceX’s acquisition of xAI would have valued the combined company at $1.25 billion (Bloomberg)

Official data shows that Indian smartphone exports reached $11 billion in the first half of fiscal 2026, up 55% year-on-year; analysts warn Iran war could trigger 22-25% decline in coming weeks (Quratulain Rehbar/Nikkei Asia)

Social gaming startup Rec Room will shut down its service on June 1, saying it couldn’t find a path to profitability; it was valued at $3.5 billion as of December 2021 (Todd Bishop/GeekWire)

Hong Kong-listed AI drug discovery company Insilico Medicine and Eli Lilly sign drug co-development deal worth up to $2.75 billion, with $115 million in upfront payments (Evelyn Cheng/CNBC)

Taiwanese memory chip maker Nanya raised $2.5 billion in private placement from Sandisk, SK Hynix’s Solidigm, Cisco and Kioxia to expand advanced chip production (Reuters)

U.S. memory chip stocks lost about $100 billion in market value this week, led by Micron’s 15% decline, after Google Research detailed its TurboQuant compression algorithm (Financial Times)

The war in Iran wipes out $100 billion in luxury goods

SoftBank says it has secured a $40 billion bridge loan maturing in 2027 from JPMorgan Chase, Goldman Sachs and other banks, to fund new investments in OpenAI (Akash Sriram/Reuters)