Jason Genrich, a key figure in the technology investment world, has stepped down from his role at Elliott Investment Management. This news, shared with clients on a Friday, marks a significant shift for the hedge fund. Genrich, who is 38 years old, was a partner and senior portfolio manager. He wil
New Mexico is making a bold move to become a leader in quantum technology. The state is offering a $50 million tax refund over three years to attract and grow quantum companies. This isn't just about money; it's about positioning New Mexico as a hub for cutting-edge tech that could shape the future.
Quantum computing is all the rage right now. Stocks in this sector have seen massive gains, but not everyone is convinced this is a good thing. Andrew Left, a well-known short seller, has been vocal about his concerns. He's betting against two companies in this space: Rigetti Computing and D-Wave Qu
Elon Musk and Apple are at it again, but is this just a big show? Some investors think so. They believe Musk is making a fuss to get Apple's attention and maybe even some favors. But will it work? Time will tell. Apple and Tesla are both big players in the tech world. Some investors have been addin
The latest report from Deloitte's CFO Signals survey paints a picture of finance leaders treading carefully in uncertain times. With a confidence score of 5. 4, down from 6. 4 in the previous quarter, it's clear that optimism is taking a backseat. The survey, which gathered insights from 200 finance
A major tech company is at a turning point with its partnership with a leading AI startup. The company has been investing heavily in the AI startup. This has helped the company become a top player in the AI world. However, talks about the future of their alliance are hitting snags. The company i
Intel is making a big move to reshape its business. The company has decided to sell most of its Altera chip division to the investment firm Silver Lake. This deal is worth a whopping $8. 75 billion. Altera is known for making chips used in wireless tech, cars, and other gadgets. This sale is a sign
TikTok's days in the US are numbered unless a deal is struck. A group of investors is eyeing a stake in the app's American operations. This group includes big names like Andreessen Horowitz, Blackstone, and Silver Lake. The Chinese government has a say in this too. They want control over TikTok's v
Quantum Machines, an Israeli startup, has just secured a massive $170 million investment. This funding round, led by PSG Equity and backed by big names like Intel Capital and Red Dot Capital Partners, is one of the largest ever seen in the quantum computing world. Quantum Machines is not just any s
Recently, a Chinese startup called DeepSeek has stirred up the AI world. It claims to have trained its models using older, less expensive hardware than what big U. S. companies like Nvidia use. This has some people wondering if DeepSeek could shake up the AI game and make America's big $500 billion
