general

Peter Thiel Becomes Board Member of Groundbreaking Enriched Uranium Startup, General Matter

1 month ago

In a significant move that could reshape the landscape of nuclear innovation, billionaire entrepreneur and venture capitalist Peter Thiel has joined the board of directors for General Matter, a pioneering startup focused on enriched uranium technology. This development marks a bold step into the nuclear sector for Thiel, known for his forward-thinking investments in emerging technologies and industries.

General Fusion Strengthens Leadership with Ex-Blue Origin CEO in Strategic Move

2 months ago

In a significant shift aimed at bolstering its leadership team, General Fusion, a company backed by Amazon founder Jeff Bezos, has appointed former Blue Origin CEO Bob Smith as an advisor. This development, announced on April 2, 2025, underscores General Fusion's ambitious plans to lead in the field of nuclear fusion technology, which has long been seen as the potential source of limitless clean energy.

Sam Altman and General Catalyst Team Up to Launch Innovative For-Profit Community College

2 months ago

In a groundbreaking initiative that could reshape educational accessibility, Sam Altman, the prominent entrepreneur and CEO of OpenAI, has partnered with General Catalyst to establish a for-profit community college. This ambitious venture aims to provide affordable, high-quality education tailored to meet the demands of today's rapidly evolving job market.

General Atlantic-Backed SMG Seeks Banking Assistance for Upcoming Swiss IPO

3 months ago

In a significant development within the investment landscape, SMG, a company backed by General Atlantic, has reportedly begun the process of exploring an initial public offering (IPO) in Switzerland. This strategic decision is believed to be part of the firm's broader initiative to elevate its financial profile and leverage the Scandinavian stock market's favorable conditions for raising capital.

Investment Buzz: General Catalyst and MGX Eyeing Major Stake in Anthropic's Record-Setting Funding Round

4 months ago

The tech investment landscape is buzzing with excitement as General Catalyst and MGX are reportedly in negotiations to join a significant funding round for the artificial intelligence startup Anthropic. This potential collaboration could see these noteworthy investors contributing to one of the most substantial capital raises in the AI sector, which would further amplify Anthropic's already influential position in the industry.

General Motors Reaches Settlement with FTC Over Driver Data Privacy Concerns

4 months ago

In a significant move towards enhancing consumer privacy, General Motors (GM) has reached a settlement with the Federal Trade Commission (FTC) regarding allegations that it mishandled sensitive driver data. This resolution comes in light of growing concerns over how automotive companies manage personal information collected through modern vehicle technologies.

Microsoft Faces $800 Million Charge on Stake in GM's Cruise

6 months ago

In a recent financial revelation, Microsoft Corp. has announced it will incur an $800 million charge related to its investment in Cruise, General Motors' autonomous vehicle subsidiary. This substantial write-down comes as part of the tech giant's broader strategy to adjust its investments in emerging technologies amidst an ever-evolving market landscape.

CFOs Embrace Venture Capital Techniques: A New Era for Corporate Growth

7 months ago

In a significant shift towards innovative growth strategies, finance chiefs from leading companies such as Aflac and General Mills are increasingly adopting venture capital approaches to enhance their corporate portfolios. This trend marks a departure from traditional business growth methods, signaling a robust response to the evolving market dynamics that demand agility and creativity in corporate finance.

OpenAI Secures Massive $6.5 Billion in Latest Funding Round

8 months ago

The pragmatic news in the technology world is that Open AI successfully closed its new funding round, raising over 6.5 billion dollars. It follows from an announcement on October 2nd of very robust confidence by investors in future projects that the Artificial Intelligence research lab will carry out.

Google Triumphs in $1.5 Billion EU Antitrust Fine Appeal

9 months ago

The European Union General Court broke ground in the ongoing legal tussle between Google and EU regulators as it overturned the Union's earlier decision to slap the tech giant with a fine of $1.5 billion for antitrust violations centers around its advertising practices. The ruling held on September 18, was the chief keystones of Google's ongoing battle with EU regulators.