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The Latest Breaking News from Chamath Palihapitiya

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

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

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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

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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

'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

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

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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.

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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.

Fortune

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.”

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.

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