Weeks ago, hedge fund investor Stanley Druckenmiller wrote an op-ed in The Wall Street Journal criticizing Treasury Secretary Scott Bessent’s decision to increase government purchases of long-term Treasury bonds in an effort to bring down yields. The op-ed sparked controversy, not so much for the fact that Druckenmiller was publicly rebuking his former protege, but
UK-based manufacturing software startup CloudNC announced a $20 million B extension round on Wednesday, bringing its lifetime total raised amount to $128 million. The company’s last major raise was four years ago, its co-founder and CEO Theo Saville told TechCrunch. Saville launched CloudNC in 2015 with Chris Emery, now the company’s chief science officer, and
At Anthropic, Kristen Swanson’s role is to help people get better at using AI. Often, that means knowing when they should do the work themselves. “I have a job teaching people how to use AI, and I probably spend at least half of my time telling people when not to use AI,” said Swanson, who
Some concepts on display at trade shows are simply bald attempts at garnering attention on a noisy and crowded show floor. And then there are others that provide actual glimpses into the future. Lenovo’s Project Aero falls into the latter category. (I’d put all of its rollable display concepts into the former: fun to see in action,
Gallup tracking data shows that positive views of capitalism have slipped to 54%, marking a 15-year low since they began tracking the metric. The finding reflects a zero-sum view of the corporation: that companies prosper by extracting value rather than creating it. It is no surprise that the more than 200 CEOs we have interviewed over
Rivian’s futuristic e-bike is delayed, and customers are not happy. Last year, Rivian’s micromobility spinoff Also unveiled a new, software-controlled electric bike called the TM-B that immediately set the e-bike world ablaze. With USB-C chargeable battery, removable seat post, and software-controlled pedal-by-wire system, the TM-B set itself apart with a totally unique approach to electric
