Internal Microsoft Document Spells Out the Company's Buyout Offer

Microsoft offered buyouts to thousands of US employees to cut costs amid AI infrastructure spending plans. The offers include cash and insurance.

Why an AI productivity boom could justify higher rates

The Chicago Fed president argues that the proper Fed response to a productivity surge depends on whether it's a surprise or widely known and expected to continue.

This former a16z partner and solo VC has backed 6 unicorns. Now he's raised $50 million to invest in hard tech

Refactor Capital, the firm founded by solo VC Zal Bilimoria, just closed a $50 million fifth fund to invest in hard tech.

South Korea's Stock Rally is Outpacing the Rest of the World

If the U.S. stock market is now largely a bet on the AI boom, then South Korea's market is a supersized, turbocharged version of that wager.

Lawrence Wong Holds the Line: AI Will Not Produce Jobless Growth in Singapore

Singapore’s parliament has pledged that the country will not see jobless growth as artificial intelligence reshapes the economy, Bloomberg reported on Tuesday in coverage citing Channel NewsAsia.

43 percent of Americans blame data centers as a major reason for rising power bills.

That’s according to a new Pew Research Center survey. Similar numbers of both Republicans and Democrats also cite data centers, which are quickly becoming a bipartisan issue, as a major reason for higher costs.

AI makes a mess of private equity

Private equity's long-term focus could become a weakness rather than a strength.

Here’s what Microsoft is offering long-serving employees to voluntarily retire

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Report: SpaceX IPO gives Musk unchecked power and forbids investor lawsuits

Anyone who buys into SpaceX IPO must waive right to sue the firm, report says.

Coinbase is laying off 14% of staff, citing AI. Read the letter from its CEO.

In a Tuesday X post, CEO Brian Armstrong said the cuts were to "be leaner, faster, and more efficient for our next phase of growth."

AI's $1 trillion risk keeps growing

Our financial system is now load-bearing on AI spending that may never pay off.

We finished with the Microsoft investment pretty quickly.

Live updates from Elon Musk and Sam Altman’s court battle over the future of OpenAI