Author: News Room
Steve Cohen’s $50.7 billion hedge fund has continued its strong run of returns with a 2% gain in May, a person close to the firm tells Business Insider.That gain puts Cohen’s firm at 10.5% for the year, following a 17.5% gain in 2025, when the manager outperformed its main rivals…
OpenAI’s employees are spending tokens on tokens on tokens. And yet it’s someone outside the company who is spending the most.The AI lab’s employees are known for their high AI spending. Peter Steinberger, the creator of OpenClaw, once spent $1.3 million worth of tokens in a month.During a Tuesday enterprise…
OpenAI CFO Sarah Friar said it’s hard to describe what it feels like to use the company’s closely-guarded AI hardware device.”It feels very natural, but it feels very lovable,” Friar said during a live interview at the “All-In Podcast” team’s Liquity Summit in California.When the co-hosts of the “All-In” podcast…
Uber is laying off nearly a quarter of its People and Places staff — but not because of AI, the company said.The department oversees teams from human resources to recruitment. The job cuts amount to less than 1% of Uber’s global workforce of 34,000 employees, a spokesperson said.The layoffs come…
Few things clear out your sinuses quite like opening a letter from your pet insurance provider only to find the word “denied” stamped across a $900 invoice. You bought the policy to avoid a financial ambush, but a Veterinary Times data review revealed that roughly 16% of denied pet insurance…
Tesla is expanding the service area for unsupervised robotaxis in Austin as it continues to play catch-up with competitors.The company said in an X post on Wednesday that robotaxi rides without a human operator inside the vehicle are now available in the “entire Austin Metro area.”The move comes about six…
Editor’s Note: This story originally appeared on Boldin. There are surprising connections between being grateful and doing well with your money. And when you combine gratitude with a clear financial plan, you get something powerful: more calm, better choices, and a higher chance of reaching the future you want. Being…
Nearly two and a half years ago, in January 2024, I crammed my most essential belongings into three suitcases and left behind the only life I have ever known to start a new one halfway across the world, in Paris.Jaded by corporate America and wanting a change of environment, I…
SpaceX officially wants to have the largest initial public offering of all time.Elon Musk’s rocket company is seeking to raise $75 billion in its initial public offering, according to a filing it submitted to the Securities and Exchange Commission. It plans to offer 555,555,555 shares of common stock at $135…
In February, Robert F. Kennedy Jr. declared an end to the “war on protein.” Around the same time, major food corporations such as Starbucks, Chipotle and Dunkin’ had already started packing protein into their products, from cold foam to iced refreshers. But rising demands for protein now have the industry…
