The last of the original team that helped Elon Musk launch xAI has left, a move that comes as the company readies for a major change in its structure. Ross Nordeen, who had been Musk’s right‑hand man and handled day‑to‑day priorities, stepped away this week. He is no longer listed on the company’s X
The Brazilian government recently opened its first public land auction for reforestation and chose a small company called Re. green to manage a large Amazon plot. Re. green is the only firm that offered to restore 145, 000 acres in the Bom Futuro reserve for four decades. They plan to pay abou
The federal government has just cleared a bill that will keep money flowing to small defense and aerospace companies in Southern California. The legislation, which extends the Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) programs through 2031, was approved
Tempo, a crypto company backed by Stripe, has launched its own blockchain and an AI‑driven payment protocol that can work across different blockchains. The network began in a testing stage for about three and a half months before going live on Wednesday. The team says the idea of “agentic payment
A fresh-faced VC team, all under forty when they launched last year, is now knocking on doors for cash again. Their goal? To pull together close to three-quarters of a billion dollars for investments where artificial intelligence meets hard science. None of the three partners will go on record, and
Hospitals often juggle money like a game of hide‑and‑seek. Bills arrive months after a visit, insurance companies cut costs, and staff must sift through endless spreadsheets to know what’s owed. The result? A blurry picture that can force clinics in rural areas to shut down and leave patients scr
Family offices, the investment arms of wealthy individuals and families, are putting more money into AI companies than ever before. Even after a brief scare about an AI bubble, these investors stayed confident and poured capital into new ventures. Last month, Emerson Collective—run by Laurene Powel
The blockchain incubator founded by billionaire Alan Howard has closed, ending a few years of support for new crypto companies. The studio had funded several projects such as tokenization firm Libre (now KAIO), staking shop Twinstake, infrastructure provider TruFin, and privacy‑focused startup Geome
Two experienced professionals, Anthony Damianakis and Pete Fergusson, are starting a new company called IPX. They want to make it easier for brands and content creators to work together. The company is based in Dubai, but it will also have offices in London and Sydney. IPX is like a marketplace whe
The seventh season of the popular business show came in 2015, and among the hopefuls was a pair who called their suitcase “Trunkster. ” The idea was simple: a bag that rolls up and down, has a USB port, can be tracked with GPS, and even weighs itself. It was expensive – about $500 – but the founders
