Trump sues Jamie Dimon, JPMorgan for $5 billion over claims that his politics got him debanked in 2021
The lawsuit, filed in Miami-Dade County court in Florida, alleges that JPMorgan abruptly closed multiple accounts in February 2021 with just 60 days notice and no explanation. By doing so,…
America could ‘lose the AI race’ because of too much ‘pessimism,’ White House AI czar David Sacks says
The race for artificial intelligence supremacy has pitted Silicon Valley bigwigs against Washington policymakers and Chinese competitors. President Donald Trump has taken a deregulatory approach to AI development, at times…
Elon Musk warns the U.S. could soon be producing more chips than we can turn on. And China doesn’t have the same issue
Elon Musk warned the biggest issue hampering AI advancement in the United States is a problem Chinese competitors don’t have.“I think the limiting factor for AI deployment is fundamentally electrical…
Elon Musk makes the case for why his $2.2 trillion tech empire is the only way to save humanity as the only intelligent life in the universe
I’m often asked, ‘Are there aliens among us?’ And I’ll say that I am one. They don’t believe me,” Musk said, unclear if he was joking or what particular point…
TradFi firms are increasingly warming to cryptocurrencies, says Bybit CEO Ben Zhou
When Ben Zhou founded Bybit in 2018, he first had to convince his team that Bitcoin wasn’t a scam. Eight years later, digital assets are now mainstream. Governments and traditional finance…
JPMorgan CEO Jamie Dimon says he welcomes government ban on mass-firing people for AI: ‘We’re going to cure a lot of cancers’
Instead, the 69-year-old said he’d even welcome government bans on replacing masses of workers with AI. But before it gets to that stage, he already has ideas up his sleeve…
Michelle Obama clarifies her famous ‘Go high’ motto: It’s not about anger or pain, but more about putting a safety lock on a gun
At the 2016 Democratic National Convention, former first lady Michelle Obama addressed her family’s haters: “When they go low, we go high.”It’s a simple yet profound motto she and her…
Jamie Dimon is done being ‘binary’: On Trump’s ‘economic disaster’ credit card plan, foreign policy, and NATO
In an increasingly fraught political environment, JPMorgan CEO Jamie Dimon is steering clear of any “binary” outlooks.Macroeconomic and foreign policy out of the White House under Trump 2.0 has divided…
Elon Musk predicts ‘agonizingly slow’ Cybercab and Optimus rollout. But he’s not giving up on Tesla’s big bet on robots
Tesla’s push to refocus on humanoid robots and autonomous vehicles may be headed for a slower start than CEO Elon Musk’s bullish timelines previously promised. Musk said Tuesday that production for…
Deloitte to scrap traditional job titles as AI ushers in a ‘modernization’ of the Big Four
In the consulting industry’s era of AI upheaval, even job titles aren’t safe from change.Mo Reynolds, Deloitte U.S.’s chief people officer, hosted the meeting where these changes were announced. While…
