Just 15 months after it founding, Applied Compute is raising $350 million at a $3.25 billion valuation, nearly double its worth from four months ago.
Silicon Valley brought sushi, Starlink and luxury camps to Burning Man. Now it’s importing something potentially even more divisive: AI slop.
The Kushner scion’s VC firm Thrive Capital nearly tripled its assets thanks to smart bets on OpenAI and SpaceX. Now he’s looking to spend some cash on the NBA’s Lakers.
The Chinese-owned social network has been flooded with advertisements pushing street drugs and prescription pills like codeine, benzos and Adderall.
For four generations, Rome’s Angelini family has built a $2.5 billion operation with drugs for depression and epilepsy in Europe. Now it’s bought its way into the U.S. market.
Despite racking up more than $2 billion in losses while sticking to a do-it-yourself strategy, buy-now, pay-later pioneer Affirm is finally profitable—and worth $25 billion.
Despite billions in revenues, most influencers and their popular channels carry too much “key-person” risk for institutional investors. This UK firm has figured out how to turn viral videos into evergreen products.
Elon Musk’s DOGE gutted staffing and budgets at NOAA and the National Weather Service early last year. It left fishing fleets, farmers and insurers exposed to the fallout
A TikTok Shop sponsored survey finds it’s the top way consumers discover new products. But then they often buy elsewhere, such as on Amazon, say e-commerce pros.
For America’s 250th anniversary, Forbes ranked the historic entrepreneurs, politicians and cultural icons who all have one thing in common: They wore a uniform in defense of our nation.