Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from Brad Gerstner

Buffett Plans to Give Away More in Next 8 Years — Are Trump Accounts Next on His List?

Billionaire Warren Buffett is known for many things, whether its his decades leading Berkshire Hathaway (NYSE:BRK)(NYSE:BRK), his investing wisdom or his philanthropic efforts.

Benzinga

Trump’s Child Accounts Just Won Over A Democratic Rival — ‘Actually A Smart Policy’

Trump Accounts recently launched, allowing American parents to open a free investment account for children born between 2025 and 2028 with a starting balance from the U.S. Government. The accounts even won over a Democratic governor and a staunch critic of President Donald Trump.

Benzinga

Trump Accounts Could Attract $100 Billion in New Private Commitments, Brad Gerstner Predicts: 'We Have Tens of Billions… We Haven't Announced'

Trump Accounts could attract more than $100 billion in additional private commitments over the next 12 months, according to Altimeter Capital founder and CEO Brad Gerstner, who said businesses and philanthropists are increasingly backing the government-backed investment program for children.

Benzinga

From analysis to the latest developments in health,
read the most diverse news in one place.

SpaceX's Gwynne Shotwell Pledges SpaceX Stock for 2 Million Children Through Trump Accounts

Space Exploration Technologies Corp. (NASDAQ:SPCX) President Gwynne Shotwell said she and her husband will donate SpaceX shares to "Trump Accounts" for more than 2 million American children.

Benzinga

Trump Accounts launch July 4, giving newborns $1,000. Here's what to know

President Trump's administration is launching "Trump Accounts" to promote financial independence for American children, coinciding with the nation's 250th anniversary. The program offers a $1,000 government bonus for eligible newborns, with private investments managing the funds until the child turns 18. Billionaires and companies are also contributing, aiming to boost…

The Economic Times

Trump Accounts for kids launch July 4 - and some children will get $1,000 in free money

Parents can contribute up to $2,500 annually in pretax income, much like they do for retirement accounts

The Independent UK

Behind the Curtain: How Anthropic's Pentagon deal could get revived

Here's one possibility to keep an eye on.

Axios

Read news from The Economist, FT, and more,
with one subscription

Trump Accounts: Which American children are eligible for the investment program Michael Dell poured $6.25 billion into?

President Donald Trump touted the billionaire backers of his Trump Accounts for kids in his State of the Union address.

Fortune

Nicki Minaj champions making ‘every American child a capitalist from birth,’ so Donald Trump rewards her with a ‘Gold Card’

All hardwork should be rewarded, who cares what intent drove it. Right?

We Got This Covered

Trump's Agenda To Provide 'A 401(k) From Birth:' Brad Gerstner Breaks Down Invest America Act Following Dells Donation

Altimeter Capital CEO Brad Gerstner is hailing the newly passed Invest America Act as a transformational “401(k) from birth,” positioning the initiative as the cornerstone of President Donald Trump's “Main Street agenda.”

Benzinga

Can OpenAI keep pace with industry’s soaring costs?

As investor jitters grow, the loss-making ChatGPT firm’s vast spending commitments test the limits of Silicon Valley optimism

The Guardian - UK

Sam Altman is tired of the AI bubble talk — and says OpenAI could be worth $100 billion by 2027

OpenAI CEO Sam Altman is fed up with critics, says 'enough' to questions about OpenAI's finances, and claims the company's revenue is "growing steeply" and exceeding $13 billion annually.

Windows Central

Sam Altman sometimes wishes OpenAI were public so haters could short the stock—‘I would love to see them get burned on that’

Despite reports, Altman said OpenAI has no specific timeline on going public.

Fortune

Microsoft CEO says the company doesn't have enough electricity to install all the AI GPUs in its inventory - 'you may actually have a bunch of chips sitting in inventory that I can’t plug in'

Microsoft CEO Satya Nadella said in an interview that he has some AI chips in inventory that he cannot use because he has nowhere to plug them in.

Tom’s Hardware

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

Sam Altman Says OpenAI Revenue Exceeds $13 Billion Estimate, Says Could Reach $100 Billion By 2027

OpenAI CEO Sam Altman said the company is bringing in far more revenue than the widely cited $13 billion annual estimate. The executive of the artificial intelligence startup also defended its $1.4 trillion investment in infrastructure.

Fortune

Sam Altman says OpenAI’s revenue is ‘well more’ than reports of $13 billion a year and hints it could hit $100 billion by 2027

“I would love to tell them they could just short the stock, and I would love to see them get burned on that.”

Barchart

‘It’s About to Go Up By a Billion Times’: Nvidia CEO Jensen Huang Says the Next ‘Industrial Revolution’ Is Already Here

Nvidia CEO Jensen Huang’s remarks on the exponential rise of inference computing highlight the scale of AI’s industrial revolution and its economic implications.

Benzinga

Altimeter Capital CEO Brad Gerstner Breaks Down AMD-OpenAI GPU Bet, Says Lisa Su Is Betting The Farm To Catch Up To Rival Nvidia

Last week, Altimeter Capital CEO Brad Gerstner described Advanced Micro Devices Inc.'s (NASDAQ:AMD) multi-billion-dollar deal with Sam Altman's OpenAI as a "bet-the-farm" moment for CEO Lisa Su — one that could reshape the balance of power in the AI chip race currently dominated by Nvidia Corp. (NASDAQ:NVDA).

Get all your
news in one place.

100's of premium titles.
One news app.

Benzinga

OpenAI's AMD, Nvidia Deals Are Huge, But Execution Is Key, Says Brad Gerstner

Investor Brad Gerstner warned on Monday that OpenAI’s recent deals with Nvidia (NASDAQ:NVDA) and Advanced Micro Devices (NASDAQ:AMD) remain announcements rather than actual deployments. Therefore, he urged caution.

Fortune

Jensen Huang doesn’t care about Sam Altman’s AI hype fears: he thinks OpenAI will be the first “multi-trillion dollar hyperscale company”

Zuckerberg and Altman are scared of a bubble. Not Nvidia’s leader, who also offered thoughts on the $100,000 H-1B visa setting “the bar a little too high.”

Barchart

Legendary Investor Brad Gerstner Is Buying Up Nvidia Stock Despite the Trade War Tizzy. Should You?

This article examines Brad Gerstner’s confidence in Nvidia’s ability to withstand Trump’s tariffs and considers whether investors should continue buying the stock.

Fortune

AI will create ‘largest displacement of human labor in the history of capitalism,’ says tech-focused hedge fund CEO. ‘A lot of people will feel left out’

With AI "there’s gonna be a lot of [job] disruption that will cause a lot of anger," warns Altimeter Capital CEO Brad Gerstner.

Fortune

AI moves fast. Let's hope it doesn't break things

AI is evolving and spreading faster than anyone could have predicted. Whether you're a company, an investor, or policymaker, that's a major challenge.

The Guardian - UK

Why Mark Zuckerberg had to announce 11,000 job cuts at Meta

Company thought rise in online activity would last, rivals stole its users, and metaverse was too uncertain for shareholders

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations