Exclusive: Crypto venture firm Dragonfly closes $650 million fourth fund—even as blockchain VCs face ‘mass extinction’
Around the time Rob Hadick signed the paperwork to join Dragonfly Capital in April 2022, he’d also rented a house in the Hamptons. A contract with his former employer, hedge…
Anthropic was supposed to be a ‘safe’ alternative to OpenAI, but CEO Dario Amodei admits his company struggles to balance safety with profits
Anthropic CEO Dario Amodei defected from OpenAI partly because he thought it wasn’t focusing enough on safety, but now his own company is fighting to balance its founding mission with…
Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago
However, firms’ expectations of AI’s workplace and economic impact remained substantial: Executives also forecasted AI will increase productivity by 1.4% and increase output by 0.8% over the next three years.…
GoFundMe campaign seeks to buy Bitcoin to help spur Nancy Guthrie’s release
TMZ did not respond to a request for a copy of the letters. In a note to Fortune, the Pima County Sheriff’s Department declined to share any further information about…
AI could spark a new age of learning, but only if governments, tech firms and educators work together
The way we teach students, from classroom structures to teaching methods and standardized instruction, has not changed much over human history. Despite schools, colleges and mass education becoming more important…
New U.S. legislation could upend credit card loyalty programs. The Points Guy founder calls the reckoning un-American
“There is an existential crisis happening around the rewards and credit card space,” Kelly told me last week. “I don’t think enough people realize the ramifications of these laws.”He’s right:…
As baby boomers are forced to ‘unretire’ because they’ve not saved enough, 6-year-olds in Germany are being given retirement accounts
That’s because under the German government’s new plans, children as young as 6 will start saving for retirement. Enter the “early start pension”—a retirement program designed for children between 6 and…
Ancient stigma around Chinese food is vanishing rapidly in top restaurant scenes: ‘we are trying to break this bias’
Taiwan-born chef George Chen, whose family immigrated to Los Angeles in 1967, remembers vividly how his school lunch of braised pork and Chinese sauerkraut between two pieces of bread was…
You’ve vanquished your rival in a CEO succession race. Now, how do you lead them?
And there’s the rub. Even for the most self-assured executives, that dynamic could prove awkward. The CEO runner-up has to nurse a dented ego while answering to the succession race’s…
Top Hollywood screenwriter warns TikTok’s new tool is at the gates: ‘I hate to say it. It’s likely over for us’
Seedance 2.0, which is only available in China for now, lets users generate high-quality AI videos using simple text prompts. The tool quickly gained condemnation from the movie and TV…
