OpenAI CEO Sam Altman arrives at the Sun Valley Lodge for the 2025 Allen & Co. Sun Valley Conference on July 8, 2025. Photo Kevin Dietsch/Getty Images The annual Allen & Company conference, often dubbed the “summer camp for billionaires,” is underway in the resort town of Sun Valley, Idaho. Over the next few days,
Crypto is taking over Capitol Hill. President Donald Trump has repeatedly underlined a friendly regulatory regime for cryptocurrency as a legislative priority, and his administration’s preferred deadline for Congress to act is fast approaching. Early on in Trump’s second term, the administration set the August recess as a deadline for Congress to standardize regulations for
Meta Platforms is in talks to make a multibillion-dollar investment into artificial intelligence start-up Scale AI, according to people familiar with the matter. The financing could exceed US$10 billion in value, some of the people said, making it one of the largest private company funding events of all time. The terms of the deal are
As Wall Street has poured money into technology budgets and become major players in patents and research, it’s also become a destination for technologists to work — rivaling even Silicon Valley. This as-told-to essay is based on a conversation with Melissa Goldman, a partner and tech leader at Goldman Sachs. She started her career 30
Let’s go back to the beginning of the year here for a moment. (I hear you and your 401(k) eagerly nodding yes.) Back then, all the big tech companies, including Meta, Amazon, Alphabet and Microsoft, were still planning on spending unfathomable gobs of money on artificial intelligence, and specifically unfathomable gobs of money on AI