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The Latest Breaking News from Chamath Palihapitiya

'Shut The F*** Up': Chamath Palihapitiya Slams Cloudflare CEO Over Memo After 1,000 AI Layoffs

Cloudflare laid off over 1,000 employees to shift focus to AI. Venture capitalist Chamath Palihapitiya criticized the CEO's memo, calling it insensitive and harmful to laid-off workers seeking new jobs.

International Business Times UK

Big Four consulting has 2 AI nightmares. KPMG's answer to both is the same

Is partnering with Anthropic like letting the fox into the hen house? KPMG's response: "You can't think of them as the competitor."

Fortune

Bill Ackman's nephew vs 'Ronda': US billionaire's viral rant against employee who is suing him for harassment

Bill Ackman made a multi-thousand-word post on X disclosing a family company scandal as he wanted X users to comment on it while making his stand also clear that he won't settle a lawsuit brought against his company by a former employee whom he fired and who is now bringing…

The Times of India

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Michael Saylor Says Bitcoin is The Best Asset to Hold in AI Fallout as Strategy Buys $1.57B BTC

Michael Saylor's Strategy has purchased an additional $1.57 billion in Bitcoin, bringing total holdings to 761,068 BTC as he labels the asset a safe haven from AI.

International Business Times UK

Mark Cuban says AI won’t take your job anytime soon because it still acts like a hungover college intern—with a $100K price tag to show for it

As tech CEOs predict mass job displacement, billionaire former Shark Tank star Mark Cuban just revealed the “smartest counter” to that narrative.

Fortune

'Red-pilled me': Democrat-donor-turned MAGA billionaire Chamath Palihapitiya blames major US newsrooms for being anti-Republican

Venture capitalist Chamath Palihapitiya revealed his shift from Democrat donor to MAGA supporter, citing a "red-pilled" awakening after realizing mainstream media misrepresented Donald Trump. He detailed how his perception changed over years of consuming news, leading him to question media's role in reporting truth. Palihapitiya, once a significant Democratic donor,…

The Times of India

California Billionaires Are Leaving the State in Response to Proposed Wealth Tax

The wealth tax would discourage investment and likely lower tax revenue for California.

Reason

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At the edges of the AI data center boom, rural America is up against Silicon Valley billions

When a multibillion-dollar AI data center proposal pitted developers against a handful of rural Arizona residents, the locals were outgunned and outvoted.

Fortune

Buy Stock In MrBeast? Chamath Palihapitiya And Alexis Ohanian Already Did — And Retail Investors Might Be Next

Benzinga

One-Fourth Of America's Unemployed Are Now College Grads— Chamath Palihapitiya Warns Student Loans Are Fueling The Crisis

A disturbing shift in the American labor market—dubbed a “white-collar slowdown” has pushed the share of unemployed college graduates to record highs, prompting venture capitalist Chamath Palihapitiya to demand a drastic overhaul of federal student lending.

Benzinga

Chamath Palihapitiya Takes A Jibe At Big Short Investor Michael Burry's Hidden Accounting Comments: 'Not Very Good At What He Does'

Venture capitalist Chamath Palihapitiya dismissed “Big Short” investor Michael Burry as incompetent this week, stating the famed bear is “not very good at what he does” following Burry's suggestions that Nvidia Corp. (NASDAQ:NVDA) is using accounting tricks to inflate its value.

Benzinga

Chamath Palihapitiya Reveals Three 'Critical' Changes He Made Over A Decade To Improve His Health

Billionaire tech investor Chamath Palihapitiya is urging followers to treat health like their most important asset, saying a handful of changes he made over the past decade have "worked incredibly well" for him.

Benzinga

Chamath Palihapitiya Blasts US Colleges For Crushing Students With $200,000 Debt, Urges Shift To Skilled Trades Over Worthless Degrees

Tech investor and entrepreneur Chamath Palihapitiya sharply criticized the U.S. higher education system on Saturday, calling out colleges for saddling students with massive debt for degrees with little practical value.

Benzinga

Silicon Valley billionaire, reeling from Zohran Mamdani's victory, turns back the clock to Peter Thiel's warning about the appeal of socialism from 2020

Thiel famously wrote about a “broken generational compact,” warning that “if one has no stake in the capitalist system, then one may well turn against it.”

Fortune

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Benzinga

Elon Musk Says Bill Gates Is 'Not Strong' In Science, Recalling Visit To Tesla Factory Where He Dismissed Long-Range Semitrucks As 'Impossible'

In a recent podcast, Tesla (NASDAQ:TSLA) CEO Elon Musk criticized Bill Gates‘ scientific knowledge, despite Gates’ Microsoft (NASDAQ:MSFT) being a tech giant.

Benzinga

Bill Gates 'Lost A Fortune' Shorting Tesla Amid Climate Stance Shift, Says Chamath Palihapitiya: '...Experiment Is Over'

Social Capital founder Chamath Palihapitiya slammed Microsoft Corp (NASDAQ:MSFT) founder Bill Gates for shorting Tesla Inc. (NASDAQ:TSLA) amid the billionaire and philanthropist's shift in climate stance.

Benzinga

Chamath Palihapitiya Says Amazon Was Left 'Bloated And Inefficient' Due To DEI Hiring, AI Is Just The Scapegoat: 'Chickens Come Home To Roost'

Billionaire investor Chamath Palihapitiya pushed back against the narrative that AI is to blame for the latest wave of layoffs at Amazon.com Inc. (NASDAQ:AMZN), arguing that the real cause is rooted in flawed recruitment practices from the past decade.

Benzinga

Chamath Palihapitiya Warns Of 'Massive Value Destruction' For Insurers In Autonomous Era — Only 'Rich Enthusiasts' Will Continue To Drive

Billionaire investor Chamath Palihapitiya is predicting a significant shift in the auto insurance industry, driven by the growing penetration of Alphabet Inc.’s (NASDAQ:GOOG) Waymo and Tesla Inc.’s (NASDAQ:TSLA) Cybercab in the U.S. domestic mobility market.

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Barchart

3 SPACs Hit New 52-Week Highs: Are Any Worth Owning?

Sixty-eight NYSE stocks hit new 52-week highs on Tuesday. Three were SPACs. As stocks become pricier, investor interest has increased. While it's tempting to bet on businesses with a pile of cash to acquire game-changing companies, there’s a downside.

Benzinga

Tesla's $1 Trillion Illusion: Elon Musk's Pay Package And The Robotaxi Myth

Tesla Inc (NASDAQ:TSLA) is about to rubber-stamp one of the most extravagant CEO pay packages in corporate history — a $1 trillion, 10-year deal for Elon Musk — even as its valuation stretches further from reality.

Benzinga

Chamath Palihapitiya Sees Current Tech Giants Having An Upper Hand In AI Wars: 'Google Has A Huge Runway'

Venture capitalist Chamath Palihapitiya declared that the generative AI race will ultimately be won by established tech incumbents, not new startups, citing their “massive distribution” as the decisive factor.

Benzinga

Jeff Bezos Touts Data Centers In Space As Samsung And OpenAI Plan Floating Data Centers In The Ocean

As the artificial intelligence (AI) boom strains global power grids, tech giants are looking to the sea and stars for solutions. In a significant move, Samsung Electronics (OTC:SSNLF) and OpenAI are collaborating to develop floating data centers on the ocean, aiming to tackle land scarcity and the immense energy costs…

Benzinga

As Trump Rolls Back Clean Energy Incentives, These 2 Solar Stocks Are Seeing A Sharp Drop In Quality Metrics

President Donald Trump’s “One Big, Beautiful Bill” slashed incentives for solar and wind projects, taking a toll on several stocks in the sector.

Benzinga

SPAC King Chamath Palihapitiya Hails Rare Earth Play MP Materials As Stock Nears $100: One Of The Deals 'That Worked'

Billionaire investor Chamath Palihapitiya, often dubbed the “SPAC King,” recently celebrated a successful venture on X, highlighting MP Materials Corp. (NYSE:MP) as its stock price nears the $100 mark.

Benzinga

'Trump Did Not Kill Solar,' Says Chamath Palihapitiya: He 'Let The Free Market Do Its Thing' And Best Businesses Are Thriving

Billionaire investor Chamath Palihapitiya defended President Donald Trump’s “One Big, Beautiful Bill” against claims that the rollback of certain subsidies has harmed the solar energy industry.

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