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Business

Latest Business news from around the world

Fans slammed Cliff Tan for promoting AI. He says ignoring the tech would be 'irresponsible.'
Business

Fans slammed Cliff Tan for promoting AI. He says ignoring the tech would be 'irresponsible.'

YouTube creator Cliff Tan apologized to angry fans after he promoted AI on his channel. Tan, however, says designers should learn the technology.

Truman Dickerson · 14 Aug, 2026
Nvidia got Groq's technology and talent. Now it's turning the rest of its former rival into a customer.
Business

Nvidia got Groq's technology and talent. Now it's turning the rest of its former rival into a customer.

Nvidia strengthens its market position by making AI chip rival Groq a customer, integrating their systems.

Geoff Weiss · 14 Aug, 2026
AI prices are plunging. That feels bad, but something else is happening.
Business

AI prices are plunging. That feels bad, but something else is happening.

After OpenAI slashed AI model prices, it boosted usage and revenue, illustrating Jevons Paradox where cheaper costs drive higher consumption.

Alistair Barr · 14 Aug, 2026
Anthropic has soared to a $1.5 trillion valuation on secondary markets. Almost no one wants to sell.
Business

Anthropic has soared to a $1.5 trillion valuation on secondary markets. Almost no one wants to sell.

Anthropic's valuation has recently soared to as much as $1.5 trillion on secondary markets, a 25% increase over the past month.

Ben Bergman · 14 Aug, 2026
AI agents tried to sabotage and disable each other when given the same task, Anthropic said
Business

AI agents tried to sabotage and disable each other when given the same task, Anthropic said

The AI lab said the models engaged in a "multiagent turf war" during a testing session.

Aditi Bharade · 14 Aug, 2026
Magic Johnson says why he once ditched his millionaire teammates to talk to a 'super super billionaire'
Business

Magic Johnson says why he once ditched his millionaire teammates to talk to a 'super super billionaire'

"I've always gravitated to people who are smart or have been through something because I want to learn," Magic Johnson said.

Amanda Goh · 14 Aug, 2026
12 executives who left OpenAI in 2026
Business

12 executives who left OpenAI in 2026

OpenAI continues to experience significant executive turnover in 2026, with key figures like Brad Lightcap and Fidji Simo stepping down.

Katherine Li,Lauren Edmonds · 14 Aug, 2026
SpaceX’s Starbase is getting a few monuments dedicated to Elon Musk. Not all will be flattering.
Business

SpaceX’s Starbase is getting a few monuments dedicated to Elon Musk. Not all will be flattering.

Fans and critics of Elon Musk have shared plans to erect a monument dedicated to the CEO near SpaceX's Starbase complex.

Lloyd Lee · 14 Aug, 2026
Tesla is planning one of its largest supercharger stations yet — right in the middle of San Francisco
Business

Tesla is planning one of its largest supercharger stations yet — right in the middle of San Francisco

Tesla is planning 124-stall V4 Supercharger hub in San Francisco, significantly expanding public charging capacity in the city.

Katherine Li · 14 Aug, 2026
Finding an apartment in Manhattan is getting even harder, as listings plummet and rents reach $5,000
Business

Finding an apartment in Manhattan is getting even harder, as listings plummet and rents reach $5,000

Median Manhattan rents jumped to $5,000, a new report found. New apartment listings, meanwhile, have nearly disappeared.

Allie Kelly · 13 Aug, 2026
Travis Kelce and Tom Holland know being obsessed with your superstar wife is good for business
Business

Travis Kelce and Tom Holland know being obsessed with your superstar wife is good for business

Travis Kelce and Tom Holland exemplify a new type of Hollywood husband: One who knows celebrating his wife's success is good for his career, too.

Callie Ahlgrim · 13 Aug, 2026
Out in the desert, US soldiers have been working out what it takes to keep their drones moving in punishing conditions
Business

Out in the desert, US soldiers have been working out what it takes to keep their drones moving in punishing conditions

High temperatures and difficult terrain limited flight times and usage, often prompting soldier-led improvised solutions.

Chris Panella · 13 Aug, 2026