Shares of AI drug discovery firm Insilico surged in their Hong Kong debut. Meanwhile, the acquisition of AI agent startup Manus appears to have delivered a huge win for Benchmark Capital, a firm many had written off.
An investigation into Apple’s Developer Academy in Detroit reveals a complex picture. The program, part of a racial equity initiative, spent nearly $30 million over four years, providing free gear and stipends to hundreds of students, but its employment impact is debated.
The AI investment surge hit $202.3 billion in 2025, creating over 50 new billionaires worldwide. The wealth of established giants like Elon Musk and Jensen Huang also skyrocketed, highlighting a massive concentration of new capital.
In a major move for India’s tech sector, Coforge is acquiring digital engineering firm Encora. The $2.35 billion deal is a strategic pivot toward higher-value services as traditional IT outsourcing slows.
Miro Mitev founded SmartWealth Asset Management, where all investment decisions are made by AI. Yet, he insists humans are the most critical component. His IVAC fund is targeting $2 billion in assets and aims for 14-15% annual returns.
A Seattle startup just got a cash infusion to help it inject AI into customer feedback analysis. Ambassador’s new funding will fuel its platform that consolidates referrals, surveys, and loyalty programs.
Everyone’s asking how to invest in OpenAI before its IPO. The rush into private markets is risky and illiquid. Here’s what you actually need to know.
Marissa Mayer is pivoting from her struggling photo-sharing startup Sunshine to launch Dazzle, a new AI personal assistant company. It’s already raised an $8 million seed round at a $35 million valuation led by Forerunner’s Kirsten Green. The product is expected to launch early next year.
A new Forbes analysis shows a record number of self-made billionaires under 30, with 11 joining the club in just the last three months. Most of their fortunes are directly tied to the explosive AI boom.
In a massive corporate upskilling move, FedEx is partnering with Accenture to provide AI training to as many as 500,000 employees. The program aims to build “common AI fluency” across its global, largely frontline workforce. This highlights a crucial new frontier for AI: the shift worker.
