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Mercury co-founder and CEO Immad Akhund today announced the launch of a $26 million fund to back early-stage startups, a move that formalizes his extensive history of angel investing. Axios first reported in February. Akhund has been an active angel investor since 2016, backing over 350 startups at their earliest stages. His portfolio includes companies […]

Saudi Arabia’s ruler, Mohammed bin Salman, launched an AI company called Humain to bolster the country’s artificial intelligence sector. The company plans to build out the country’s AI infrastructure, including the construction of data centers. This news arrives as Elon Musk, Sam Altman, and Mark Zuckerberg are expected to attend a U.S.-Saudi investment forum on […]

OpenAI CEO Sam Altman is using his olive oil inefficiently in an “offense to horticulture,” the Financial Times humorously reports. For its “Lunch with the FT” series, the paper joined Altman in his kitchen. He prepared a garlicky pasta and salad, taking a rare break from his demanding job of advocating for the disruption of […]

OpenAI’s ambitious Stargate data center project is facing delays thanks to tariff-related economic uncertainty, reports Bloomberg. Growing market volatility and cheaper AI services have made banks, private equity investors, and asset managers wary of investing in Stargate, an OpenAI-led project that aims to raise up to $500 million for AI infrastructure in the U.S. and […]

General Motors has turned to Sterling Anderson, a veteran of the autonomous vehicle industry, to oversee its entire product line of gas-powered and electric vehicles, in a newly created job that will touch nearly every department at the U.S. automaker. The new VP of global product and chief product officer position will cover the entire […]