Silicon Valley

Silicon Valley

Concert Kit was designed to cut reseller bots out of the equation by having Leto fans scan their eyeballs for a so-called “Humans Only Concert,” a volunteering effort to be awarded with a special two-for-one ticket offer.

“You're a person who has literally hundreds of millions of dollars and you spend $2 million every year trying to look younger,” she continued. “And honestly, you look your age.”

SK Hynix has entered the exclusive ranks of companies worth at least $1 trillion, propelled by explosive demand for semiconductors used in AI. SK Hynix, the world's second-largest memory chipmaker, hit the milestone this week as investors rushed to capitalise on record-shattering revenues generated by the AI boom. The feat comes after SK Hynix's two main rivals US-based Micron and fellow South Korean tech giant Samsung Electronics hit the milestone this month on the back of the global shortage of DRAM and NAND memory chips.

Federal prosecutors in the Southern District of New York have charged Michele Spagnuolo, a 36-year-old Google information-security engineer based in Switzerland, with using internal Google search-trend data to bet $2.7m on Polymarket and profit $1.2m on the prediction-market platform's 2025 Google Year-in-Search contracts.

Baker loved technology, "the ability to create, the idea of doing something no one has ever done before," and the "engineering puzzle pieces that come together to make up our modern life." As he writes in his buzzy new memoir How to Rule the World: An Education in Power at Stanford University, he wanted in. What Baker found was not a tribe of visionary outsiders but a world of exclusive clubs for future "masters of the universe," where venture capitalists prowling for talent showered undergraduates with no-strings-attached cash, and where everybody, it seemed, was happy to cut ethical corners in hopes of striking it rich and being acclaimed as a genius.

Called the Apocalypse Early Warning System, the vibecoded website is meant to warn of impending doom based on how many private jets are in the air at any one time. The mechanics are complicated, but the concept itself is rather simple: is the number of private jets in the air unusual for a given time? If so, it could indicate that the ultra rich have advanced knowledge of a world-ending emergency, and are scrambling for their private compounds while they still can.

Bondi will be charged with facilitating coordination between the government and the tech titans on the panel. The panel is chaired by former White House AI adviser David Sacks and White House science adviser Michael Kratsios. It also includes more than a dozen tech executives, including Nvidia co-founder Jensen Huang, Meta CEO Mark Zuckerberg and Oracle co-founder Larry Ellison.

“Suppose I knew everything then that I now know - how hard it is and all of the pain and suffering and all the embarrassment and humiliation and all the setbacks,” Huang said, wondering if he would choose to go through it all again. “The answer, absolutely not.”

Samsung Electronics is facing one of the most serious workers' strikes in its history, with a protest which could affect the overall economy and the group's global supply of semiconductors. The company's workers' union has announced that more than 48,000 workers will stop work on Thursday to protest for 18 days over their bonus payments. Samsung Electronics is a major engine in South Korea's economy, producing revenues equal to about 12.5 percent of the country's gross domestic product (GDP).

“Finance to tech was a move that was never planned,” she tells Fortune. “When this role came about, I sat on it for about five to six months, trying to make up my mind on whether to start in a new area after so many years, and after retiring.”

Blackstone ( NYSE:BX | BX Price Prediction) is committing $5 billion in equity capital to a new artificial intelligence cloud venture with Alphabet's ( NASDAQ:GOOG) Google Cloud, according to a Wall Street Journal report. The figure represents Blackstone's equity contribution alone. Total compute investment could reach $25 billion once debt financing is layered in, per Bloomberg. The $5 billion is a committed equity figure, not reported revenue or earnings.