Nvidia CEO Jensen Huang personally reviews and approves the pay for all 42,000 employees, consistently increasing the company's spending on salaries. Huang believes in paying employees as much as possible, arguing that taking care of people leads to overall company success. Despite concerns about AI replacing jobs, Huang sees AI as a driver of more revenue and profits. His approach has created billionaires within Nvidia's management and helped retain talent amid the growing AI industry.
SpaceX's upcoming May 2026 IPO filing reveals $18.7 billion revenue in 2025, led by Starlink's $11.4 billion revenue and rapid subscriber growth to 10.3 million. The company also invests heavily in AI, with $7.7 billion capital expenditure in Q1 2026...
Nvidia CEO Jensen Huang is under pressure to testify before Congress about the company's AI chip sales to China and the impact of export controls. Senator Elizabeth Warren accuses him of lobbying against tighter restrictions that aim to protect U.S. ...
SpaceX signed a $920 million monthly compute-leasing agreement with Google, granting access to about 110,000 Nvidia GPUs through mid-2029. This deal, revealed just days before SpaceX's IPO, includes an exit clause for Google if SpaceX fails to delive...
The Nasdaq dropped 4.1% on Friday, wiping out nearly a month of gains amid a tech stock selloff that also dragged the S&P 500 down 2.6%, ending its nine-week winning streak. Major tech companies like Intel, Oracle, and Nvidia saw significant declines...
Fidelity Investments offers a suite of disruptive thematic ETFs that actively invest in innovative sectors like technology, automation, AI, and cybersecurity. These ETFs, such as the Fidelity Disruptive Technology ETF (FDTX) and the Fidelity Disrupti...
