In a stunning display of wealth accumulation, Elon Musk has become the first person in history to amass a fortune exceeding $400 billion. The Bloomberg Billionaires Index reports that Musk's net worth has reached an unprecedented $447 billion, solidifying his position as the world's wealthiest individual
In a financial landscape where volatility and inefficiencies often plague emerging markets, KAST aims to rewrite the rules of digital banking. The stablecoin-powered neobank has announced a $10 million seed round co-led by Peak XV and HongShan, marking the first joint investment by the two firms since their split
The European Union is making a high-stakes gamble with its stringent AI regulations, exemplified by the AI Act (Regulation (EU) 2024/1689). While the Act’s risk-based framework and ethical safeguards are commendable, they risk leaving Europe behind in the global AI race. In a world where
On December 11, 2024, OpenAI and Apple unveiled a major leap in artificial intelligence integration with the release of iOS 18.2. As part of OpenAI’s “12 Days of OpenAI” campaign, this collaboration introduces AI-driven features that enhance user interactivity on Apple devices. Central to this update
