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Tag: World's Richest

Elon Musk’s xAI looking for $1B from new investors

The world's richest man is begging for cash again, this time he'd like $1 billion for his recently formed AI outfit, with individual investors...

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AI Stocks Made the World’s Richest People $150B Richer

OpenAI secretly lobbied the European Union (EU) to weaken large parts of its AI Act in order to reduce the company’s regulatory burden, according...

Europe to vote on AI laws with potential 7% revenue fines

The European Parliament is to debate legislation that could cement a divergent approach to regulating AI between the US, the UK and the EU. Proposals...

Binance CEO Denies Bloomberg’s Net Worth Report

Changpeng "CZ" Zhao, the CEO of Binance, one of the world's biggest cryptocurrency exchanges, has refuted the net worth stated by Bloomberg in its...

Elon Musk requests dismissal of $258B Dogecoin lawsuit: Report

Elon Musk and his lawyers reportedly requested a United States judge this week to dismiss the $258 billion lawsuit filed by investors who alleged...

Microsoft strokes UK’s ego by pooh-poohing EU approach to AI regulation

Microsoft chose a UK parliamentary hearing as the venue to slam the EU's efforts to regulate the development and introduction of AI. Hugh Milward, general...

Satoshi Nakamoto Dropped From the World’s 20th Richest Billionaire to the 79th in 8 Months

In mid-November 2021, Bitcoin’s inventor Satoshi Nakamoto was one of the wealthiest individuals on the planet, with more than $69 billion in bitcoin, and...

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