Chamath Palihapitiya

Prominent venture capitalist Chamath Palihapitiya took a sarcastic jab at California’s new battery fee on Saturday, expressing skepticism about how the state will actually use the funds collected. Palihapitiya’s Jibe Palihapitiya reacted to a CalMatters report on California’s new...

Venture capitalist Chamath Palihapitiya says a proposed California billionaire tax is already driving ultra-wealthy residents out of the state, a move he warns could worsen the budget deficit rather than fix it. Chamath Says $500 Billion Wealth Exit Over Proposed Billionaire Tax On Thursday,...

Reddit Inc. (NYSE:RDDT) co-founder Alexis Ohanian has slammed California’s proposed 5% billionaire wealth tax, warning that it could be an expensive mistake, especially for the state’s startup economy. Taxing ‘Unrealized Gains’ Not The Solution On Sunday, in a pair of posts...

Venture capitalist Chamath Palihapitiya is raising alarms over a proposed California wealth tax, saying it could unintentionally force young startup founders into financial ruin. Palihapitiya Highlights Risk To Startup Founders' Cash Flow On Saturday, Palihapitiya criticized the tax while sharing a...

SPAC King Chamath Palihapitiya is set for a massive payday following NVIDIA Corp.’s (NASDAQ:NVDA) $20.6 billion deal with rival semiconductor company, Groq. Early Investor To Big Exit Palihapitiya's Social Capital was among Groq's earliest backers, investing $10 million in 2017 and adding...

Popular content creator MrBeast has conquered YouTube, game shows, chocolate and more through his various efforts and businesses, setting some Guinness World Records along the way. MrBeast could be ready to take on the stock market soon. MrBeast IPO Could Come Soon MrBeast, also known as Jimmy...

Billionaire tech investor Chamath Palihapitiya is urging followers to treat health like their most important asset, saying a handful of changes he made over the past decade have "worked incredibly well" for him. Palihapitiya Details Three ‘Critical’ Health Changes He Made "You can have...

The debate over the value of today's college degrees intensified Sunday after Kimbal Musk and Chamath Palihapitiya criticized the soaring costs, weak earnings, and cultural prestige associated with higher education. Musk Says Electricians Out-Earn Most College Graduates Musk reignited the debate...

Tech investor and entrepreneur Chamath Palihapitiya sharply criticized the U.S. higher education system on Saturday, calling out colleges for saddling students with massive debt for degrees with little practical value. Palihapitiya Criticizes College Debt And Worthless Degrees Posting on X,...

Editor’s note: The story has been updated to include Google’s response. Alphabet Inc.’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google plans to construct a large artificial intelligence data centre on Christmas Island, a remote Australian territory, in a move experts say could have...

Nobel laureate Geoffrey Hinton, dubbed the "Godfather of AI," said that artificial intelligence firms are placing bets on the widespread replacement of jobs to maximize their profits. Tech Giants Boost AI Capital Spending Four AI hyperscalers, including Microsoft Corp. (NASDAQ:MSFT), Meta Platforms...

A survey by Goldman Sachs Group Inc. (NYSE:GS) found that just 11% of clients in the technology, industrial, and finance sectors are actively cutting jobs as a result of AI adoption. The report gathered insights from more than 100 Goldman Sachs investment bankers. AI Drives Productivity Overcuts...

Social Capital founder Chamath Palihapitiya slammed Microsoft Corp (NASDAQ:MSFT) founder Bill Gates for shorting Tesla Inc. (NASDAQ:TSLA) amid the billionaire and philanthropist's shift in climate stance. Check out the current price of TSLA here. Bill Gates Lost A Fortune Quoting a post on the...

Billionaire investor Chamath Palihapitiya pushed back against the narrative that AI is to blame for the latest wave of layoffs at Amazon.com Inc. (NASDAQ:AMZN), arguing that the real cause is rooted in flawed recruitment practices from the past decade. This Is ‘Not AI Job Loss’ On...

Billionaire investor Chamath Palihapitiya is predicting a significant shift in the auto insurance industry, driven by the growing penetration of Alphabet Inc.’s (NASDAQ:GOOG) Waymo and Tesla Inc.’s (NASDAQ:TSLA) Cybercab in the U.S. domestic mobility market. ‘Massive Value...