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The Latest Breaking News from Chamath Palihapitiya

EXCLUSIVE: Chamath Palihapitiya Says He'll Pay and Jensen Huang Says Stay as California's Billionaire Tax Looms— But a Tax Adviser to the Ultra-Wealthy Is Telling Clients Something Very Different

Seven extremely wealthy Californians have already left the state ahead of a proposed 5% billionaire wealth tax that will appear on the November ballot, with four leaving before the Jan. 1 residency deadline and three departing afterward, according to an international tax adviser who said more clients are considering an…

Benzinga

Michael Burry Says Wall Street Has Turned on Big Tech's AI Spending: 'The Market Has Voted'

The ‘Big Short’ investor Michael Burry on Sunday said the market has delivered its verdict on Big Tech’s artificial intelligence (AI) spending, with investors increasingly favoring companies showing stronger returns over larger capital commitments.

Benzinga

Chamath Palihapitiya Sees ‘Very Obvious Industrial Logic’ in SpaceX Acquiring Tesla to Fund Elon Musk’s Broad Swath Of Projects

Venture capitalist Chamath Palihapitiya said on Tuesday that investors are overlooking a major near-term value driver for SpaceX (NASDAQ:SPCX), arguing that Elon Musk could create strategic and financial leverage by combining the space venture and Tesla Inc. (NASDAQ:TSLA) under one corporate structure.

Benzinga

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Chamath Palihapitiya Says Tokenmaxxing Weighs on Earnings — ‘CEOs and CFOs Have No Idea How Much Is Going on Inside Their Organizations’

Chamath Palihapitiya warns unchecked AI “tokenmaxxing” could quietly inflate corporate costs and weigh on earnings as executives struggle to track whether growing AI spending is paying off.

Barchart

Chamath Palihapitiya Once Donated $750,000 to Spite Trump— Now He's Calling Him a 'Fantastic' President and Blaming The Media: 'I Took the Time to Learn...'

Venture capitalist and All-In podcast co-host Chamath Palihapitiya used a Tuesday appearance on CNBC’s Squawk Box to deliver one of Silicon Valley’s most complete political reversals, declaring that the media had “lied” about President Donald Trump and that he got it “totally, totally wrong.”

Benzinga

Elon Musk's SpaceX Won't Turn Profitable Until 2027, Analyst Says: 'Still Not Sure What People See…'

The Future Fund LLC‘s Gary Black renewed his skepticism toward Space Exploration Technologies Corp. (NASDAQ:SPCX) early Wednesday after the stock’s recent pullback and said the company’s valuation and upcoming share unlocks leave little room for upside.

Benzinga

Chamath Palihapitiya Says Meta 'Completely Fumbled It' on AI: Why Mark Zuckerberg Missed Big Tech's Next Major Leap

Venture capitalist Chamath Palihapitiya believes Meta Platforms Inc. (NASDAQ:META) and its CEO Mark Zuckerberg have “completely fumbled” the artificial intelligence race, squandering a historic opportunity to become the world’s undisputed champion of open-source AI.

Benzinga

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Palantir CEO Alex Karp is paranoid about Anthropic and OpenAI. That doesn't mean he has nothing to fear.

The Palantir CEO says Anthropic and OpenAI deliver no value and 'steal alpha' from customers. Is he right?

Fortune

Trump Says First 500,000 'Trump Accounts' Are Funded as Economist Warns There Is 'Nothing to Celebrate' as Kids Will Also Inherit the Debt

On Monday, President Donald Trump said the federal government has deposited the first $1,000 into more than 500,000 newly created “Trump Accounts,” launching a program aimed at giving eligible American newborns an early start in investing.

Benzinga

Jason Calacanis Calls Sundar Pichai 'an Amazing American,' Thanks Trump for Backing High-Skilled Immigration

Angel investor and All-In Podcast host Jason Calacanis publicly praised Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) CEO Sundar Pichai, calling him “an amazing American” and crediting immigration policy for the tech sector’s rise.

Benzinga

Elon Musk Backs Chamath's Bold AI Thesis: Universal High Income and Optional Work

Elon Musk and Chamath Palihapitiya see a future where AI and robots transform the economy, making work optional and enabling universal high income. Explore the potential impact on industries and the workforce.

International Business Times UK

Chamath Palihapitiya Jokes There are 'No Jobs Left' As Nvidia, Corning and Ford Tell a Very Different AI Story: 'Dario Told Me...'

Venture capitalist Chamath Palihapitiya recently joked that there are “no jobs left” in the age of artificial intelligence (AI). This comes as recent developments at major U.S. corporations prove otherwise: Nvidia Corp. (NASDAQ:NVDA) and Corning Inc. (NYSE:GLW) are adding thousands of manufacturing roles to build AI infrastructure, while Ford Motor…

Benzinga

Billionaire Chamath Palihapitiya speaks about H-1B, says 'I am irrelevant' but Elon Musk came to US on this visa

Sri Lankan-origin American billionaire Chamath Palihapitiya said he came to the country on the much-discussed, much-abused H-1B visa program at a time when there were no takers for the visa program. Speaking to the Axios Show, Palihapitiya said he also gets called out on social media as "part of the…

The Times of India

Former Facebook VP Says Zuckerberg 'Profoundly Failed' in AI Race, Allowing Nvidia to Win

Chamath Palihapitiya, a former Facebook executive, criticises Meta's AI strategy, arguing the company missed a leadership opportunity in AI, allowing Nvidia to dominate the ecosystem.

International Business Times UK

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International Business Times UK

'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.

Fortune

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."

The Times of India

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…

International Business Times UK

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.

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Fortune

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.

The Times of India

'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,…

Reason

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.

Fortune

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.

Benzinga

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.

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