Elon Musk’s AI startup now valued at $24 billion after fresh funding
Elon Musk’s AI startup xAI raised $6 billion in series B funding, reaching a post-money valuation of $24 billion as...
Read more
Editor's Pick
Nvidia CEO Jensen Huang’s net worth swells from $3 billion to $90 billion in five years
Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. After Thursday’s rally, which pushed...
Read more
It wasn’t the endless shrimp that pinched Red Lobster. How private equity rolled the seafood chain.
Angry that your favorite Red Lobster closed down? Wall Street wizardry had a lot to do with it. Red Lobster...
Read more
UAW challenges Mercedes-Benz union vote, asks NLRB for new election
DETROIT — The United Auto Workers union is challenging the results of last week’s organizing vote of Mercedes-Benz workers in Alabama, in...
Read more
