AI Bubble: Silicon Valley Acknowledges Tech Excesses
π Key Facts β The year 2025 is summarized as 'AI bubble' in technology and economics β High priests of Silicon Valley are ackno...
π Key Facts β The year 2025 is summarized as 'AI bubble' in technology and economics β High priests of Silicon Valley are ackno...
From left: Anthony Gutman, David Solomon, Jacqueline Arthur. Courtesy of Goldman Sachs 10 Goldman Sachs leaders shared their go-to book and podcast recommendations. Business Insider asked the CEO and ...
US President Donald Trump signed an executive order that imposed a $100,000 fee on H-1B visas Demetrius Freeman/The Washington Post via Getty Images Companies are revising their H-1B strategies after ...
Wall Street CEOs Jamie Dimon, Jane Fraser, and David Solomon. AP Bank CEOs have praised the epochal efficiency changes promised by AI. But what does efficiency mean for employees? Does it mean fewer j...
π Key Facts β Private credit firms are piling into consumer debt. β Risk-taking is mounting in these financial activities. ...
π Key Facts β The global beauty industry is valued at $500 billion. β The climate crisis is shifting many people's purchasing patte...
π Key Facts β Asia-Pacific markets mostly climb following Wall Street's AI trade lift. β Investors in Asia are watching AI-related ...
π Key Facts β Bitcoin is seeing new warnings of a price breakdown near $90,000. β Gold and silver have achieved new all-time highs. ...
π Key Facts β Arthur Hayes is the co-founder of BitMex. β He thinks Bitcoin will range until the end of the year. β ...
π Key Facts β 2025 advanced DeFi along its maturity curve with discernible credit cycles β Growing institutional inflows strengthened t...
π Key Facts β Gold and silver have hit record highs due to geopolitical tensions. β US blockade on Venezuelan oil drives up precious me...
π Key Facts β Clare Lane purchased two pairs of leggings online. β She accidentally signed up to a subscription during the purchase. ...
Miguel J. Rodriguez Carrillo / AFP Former SpaceX employees have launched startups with over $3 billion in venture funding. The SpaceX Mafia is backed by top venture firms like Andreessen Horowitz and ...
π Key Facts β Bitcoin price briefly crossed $90,000 from $88,000 during Asian and European trading before retreating. β Futures open in...
π Key Facts β JPMorgan is exploring crypto trading for institutional clients β The move represents a significant deepening of ties to t...
π Key Facts β Trump Media acquired 451 Bitcoin for $40.3 million, bringing total holdings to 11,542 BTC worth over $1 billion. β The co...
π Key Facts β Diameter Capital Partners manages approximately $25 billion in assets. β The firm invested in unsecured debt of a midsize...
π Key Facts β Experience is hugely underrated, necessary, and a big differentiator for Goldman Sachs. β Around 50% of Goldman Sachs'...
Getty Images; Angle Bush; Moonvalley; Rebecca Zisser/BI Since OpenAI launched ChatGPT in November 2022, the AI sector has undergone a significant transformation. Model capabilities have advanced, agen...