finance news

Interesting

Elon Musk on Sam Altman and ChatGPT: I am the reason OpenAI exists

Tesla and Twitter CEO Elon Musk sits down with CNBC ‘s David Faber for an exclusive interview from Austin, Texas, during Tesla’s annual shareholder meeting.

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AI Hardware

How Nvidia Grew From Gaming To AI Giant, Now Powering ChatGPT

This video from CNBC provides a fascinating look at Nvidia. Thirty years ago, Taiwan immigrant Jensen Huang founded Nvidia with the dream of revolutionizing PCs and gaming with 3D graphics. In 1999, after laying off the majority of workers and nearly going bankrupt, the company succeeded when it launched what it claims as the world’s […]

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Future

Will EVs Ruin The Midwest Economy?

Electric vehicles have a lot of unintended consequences attached to them. Researchers believe modern factory jobs will require more education and could be less available than they were in the past. They estimate that electric vehicles could require 30% less manufacturing labor when compared with conventional cars. “The lines that run to drive oil or […]

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Robotics

Can Boston Dynamics’ Robots Spot And Stretch Make It Profitable?

Boston Dynamics has sparked the imaginations of the general public with its viral YouTube videos, but the company is now hoping to get the attention of paying customers. Initially, Boston Dynamics received a lot of its funding from the U.S. military and DARPA. Later, it was financed by big-name owners including Google, SoftBank and most […]

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Future

Can This $22 Billion Megaproject Make Nuclear Fusion Power A Reality?

Fusion is the process that powers the sun and the stars, and scientists are getting a lot closer to replicating it here on Earth. ITER, the $22 billion dollar international fusion megaproject in the south of France, is the most well-funded endeavor, paid for by the governments of its member nations. But VC’s and private […]

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Business Gaming

How Roblox Became A $30 Billion Company

More than half of the children in the United States play video games on Roblox. In fact, the massively popular gaming platform has grown so much during the coronavirus pandemic, the company’s valuation has skyrocketed from $4 billion in early 2020 to $30 billion in early 2021. What makes Roblox so popular?

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Future Space

Why SpaceX, Virgin, & Blue Origin Are Betting On Space Tourism

While terrestrial tourism has been hit hard due to the pandemic, entrepreneurs and visionaries have their eyes cast spaceward.  Space tourism has been, almost, nonexistent in the past, but Virgin Galactic, SpaceX and Blue Origin are looking to change that. However, accessibility to space tourism remains limited to the richest of the rich, with ticket […]

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