2+ day, 9+ hour ago   (393+ words) The bursting of the AI bubble would open Pandora's box for the US and world economy, one of America's top credit-rating agencies is warning. "A severe AI-related equity price shock — that could possibly result from a major re-evaluation of the…...

5+ day, 18+ hour ago   (519+ words) Astana is more than 6,000 miles from Silicon Valley, but some of tech's biggest names are bullish on the Kazakh capital. On Sunday, former Coinbase tech chief and Andreessen Horowitz partner Balaji Srinivasan said that his live-in startup community has officially…...

6+ day, 15+ hour ago   (580+ words) Dr. Doom sounds more like Dr. Boom these days, but Nouriel Roubini still sees plenty of risks looming over the US economy. The economist, who's often referred to as "Dr. Doom" for his bombastic and frequently bearish predictions in markets,…...

1+ week, 1+ day ago   (612+ words) Tolgay Karabulut has run a small baklava bakery in San Francisco since 2022. The city's AI boom has made earning a living feel like an uphill battle....

1+ week, 2+ day ago   (830+ words) As Uber cuts jobs, it's targeting some of the smallest teams in its org chart. In a memo announcing layoffs affecting about 10% of staffers on Wednesday, CEO Dara Khosrowshahi said the ride-hailing giant would trim management layers and cut the…...

1+ week, 3+ day ago   (566+ words) Los Angeles County and Sheridan County, Wyoming, don't share many similarities, except for one main area: a high volume of business applications. That's one of several findings from the US Census Bureau's most recent business application data release in June....

1+ week, 3+ day ago   (498+ words) AI data centers have a branding problem, according to venture capitalist Gavin Baker. Baker is a longtime tech investor. He serves as managing partner and chief investment officer at the hedge fund Atreides Management, which has invested in multiple data…...

1+ week, 4+ day ago   (530+ words) The AI boom marries dangerous elements of internet mania and the mid-2000s credit bubble, raising the specter of a financial catastrophe, Erik Gordon says. "The next crash will look like the love child of the dot-com crash and the Great Financial…...

1+ week, 5+ day ago   (380+ words) From credit risks to AI to the November midterm elections, David Solomon has a lot on his mind. Speaking on the sidelines of the G20 Summit in North Carolina on Monday, the Goldman Sachs CEO laid out in an interview with…...

1+ week, 5+ day ago   (491+ words) If you want to hire someone new, you've got to show them the money. Workers say they want more money than ever for a new job. The latest data from the Federal Reserve Bank of New York shows that the…...