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Billionaire Home Depot cofounder Bernie Marcus’ foundation donates nearly $30 million toward stem cell research for heart attacks

14 August 2026 No Comments

Before Bernie Marcus cofounded the now-$343 billion home improvement chain Home Depot, he dreamed of becoming a doctor. Marcus, who died in November 2024 at age 95, enrolled in pharmacy…

Billionaire Joshua Kushner just bought the Lakers for $12.5 billion—OpenAI’s Sam Altman once said he ‘doesn’t care’ what others think

14 August 2026 No Comments

Joshua Kushner has just announced he is teaming up with former Disney CEO Bob Iger to buy the Los Angeles Lakers for a record-breaking $12.5 billion. The new sale still…

SAP Head of Quantum: AI is about to commoditize intelligence. Better decisions will be the next competitive advantage

13 August 2026 No Comments

Artificial intelligence is rapidly becoming table stakes. Within a few years, every large company will have access to broadly similar predictive capabilities. And when prediction becomes a commodity, it stops…

The Philippines needs ‘power of all sorts’ to build energy security following a nationwide crisis, says Prime Infra CEO Guillaume Lucci

13 August 2026 No Comments

To engineer-turned-corporate executive Guillaume Lucci, there’s a straightforward solution to the Philippines’ ongoing energy emergency. “What we need is more energy of all sorts, not only more renewable energy,” Lucci,…

AI was supposed to power Canva’s next act. It also exposed software’s most expensive problem

12 August 2026 No Comments

Canva has spent years proving that it can do something many high-growth startups struggle to achieve: grow rapidly while making money. It’s hitting a snag with generative AI. The design-software…

Elon Musk says AI will make money disappear. But crypto billionaire Michael Saylor says he’s wrong for one key reason: ‘We’re status-oriented animals’

12 August 2026 No Comments

Elon Musk has perhaps been the most bullish on AI’s potential to reshape the world, predicting that work will eventually become optional, goods and services will become abundant, and money…

Iran wants a mafia-style ‘protection’ toll on the Strait of Hormuz, but the eye-popping $20 billion per year haul is a pipe dream

12 August 2026 No Comments

Iran’s hardline demand for a Strait of Hormuz fee system would generate close to $20 billion a year, but such astronomical tolls won’t be accepted by the U.S. or Iran’s…

Forget the gala, these Silicon Valley schools run their own venture capital funds

12 August 2026 No Comments

Most American private schools still raise money the old-fashioned way—silent auctions, annual giving, and a yearly gala with mixed drinks and canapĂ©s. Crystal Springs Uplands School, a 569-student private day…

Meet ChatTJB, the “AI” chatbot with no AI, no algorithm and no LLM. It’s just one guy and 10,000 volunteers typing back

12 August 2026 No Comments

For years, workers have been warned that AI was coming for their jobs. Now, 32-year-old Tucker Bryant decided to return the favor. The former Google employee built ChatTJB, a chatbot…

Universities are buying and selling property for data centers, prompting concerns about an AI brain drain

12 August 2026 No Comments

The AI boom is putting a new kind of pressure on American universities. The topic of AI has long been a point of contention within higher education from educators, students,…

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