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Nvidia's Jensen Huang sells more than $36 million in stock, catching up with Warren Buffett in net worth

Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Nvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock in the leading artificial intelligence chipmaker, according to a U.S. Securities and Exchange Commission filing. The sale, which totals 225,000 shares, comes as part of Huang's previously adopted plan in March to u

Million Times Million

Million Times Million By Susam Pal on 03 Jul 2025 Is a million times a million a billion or is it a trillion? For my entire childhood, it was a billion, only for me to grow up and realise, as an adult, that it had better be a trillion! Growing Up With the Long Scale As a child, I stumbled upon an old dictionary lying around our house, and that was where I discovered the names of large numbers. The dictionary used the long scale system, which is based on powers of a million. According to the

Rocket maker Firefly Aerospace files to go public under ticker FLY

Firefly Aerospace CEO Jason Kim sits for an interview at the Firefly Aerospace mission operations center in Leander, Texas, on July 9, 2025. Rocket maker Firefly Aerospace filed for an initial public offering on Friday, with plans to trade under the ticker symbol "FLY" on the Nasdaq. Firefly's planned offering comes during a resurgence period for IPOs after the market collapsed in 2022 as rising interest rates and skyrocketing inflation deterred investors from betting on riskier assets. Some

Firefly Aerospace files for an IPO

Firefly Aerospace is taking its orbital ambitions to the public markets. The company, which notched a string of successes this year, including a historic commercial moon landing, submitted its formal declaration to regulators Friday detailing its plans to IPO sometime this year. The S-1 document submitted to the U.S. Securities and Exchange Commission provides a wide-ranging look into the company’s finances and governance plans, though the number of shares to be offered and their price range ha

Firefly Space files for an IPO

Firefly Space is taking its orbital ambitions to the public markets. The company, which notched a string of successes this year, including a historic commercial Moon landing, submitted its formal declaration to regulators Friday detailing its plans to IPO sometime this year. The S-1 document submitted to the U.S. Securities and Exchange provides a wide-ranging look into the company’s finances and governance plans, though the number of shares to be offered and their price range has not been disc

Report: Apple set to land US F1 streaming rights in $150 million+ deal

Earlier this week, the Financial Times reported that Apple was in active negotiations to acquire the streaming rights for Formula 1 in the United States. Business Insider now builds on that report and says that “barring a last-minute change,” Apple is poised to secure this deal. From today’s report: Apple has submitted a bid worth at least $150 million a year to stream the races starting in 2026. And ESPN isn’t going to try to match or beat that, according to a source familiar with negotiatio

Mystery Man Shines a Spotlight on the Shadiness of Trump’s Crypto Venture

Last month, the Aqua 1 Foundation, founded by Dave Lee, purchased $100 million worth of tokens from the Trump family’s cryptocurrency venture World Liberty Financial (WLF. Someone putting cash directly into the President’s coffers is a normal thing in the Trump era, but there’s something odd about this particular purchase. According to Reuters, Aqua 1 is now the largest publicly known holder of World Liberty Financial tokens, but no one seems to know what the business is or who runs it. Aqua 1

Startups Weekly: Still running

Welcome to Startups Weekly — your weekly recap of everything you can’t miss from the world of startups. Want it in your inbox every Friday? Sign up here. This newsletter took a break for the Fourth of July, and maybe you did, too, but the news didn’t. Even the biggest startups are still running after more funding. To help you catch up, we’ve got the top startup stories from the week, plus some from the previous one. Most interesting startup stories from the week Image Credits:Haje Kamps / Tec

Nvidia's Jensen Huang sells more than $36 million in stock, catches Warren Buffett in net worth

Jensen Huang, CEO of Nvidia, holds a motherboard as he speaks during the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Nvidia CEO Jensen Huang unloaded roughly $36.4 million worth of stock in the leading artificial intelligence chipmaker, according to a U.S. Securities and Exchange Commission filing. The sale, which totals 225,000 shares, comes as part of Huang's previously adopted plan in March to u

The day someone created 184 billion Bitcoin (2020)

In brief In August 2010, someone exploited a flaw in Bitcoin’s code to create 184 billion Bitcoin. The bug was quickly corrected by Bitcoin’s anonymous creator, Satoshi Nakamoto. The person behind the "value overflow incident" exploit remains unknown. Decrypt’s Art, Fashion, and Entertainment Hub. Discover SCENE There will only ever be 21 million Bitcoin. We’re not too far off—around 18 and a half million Bitcoin are already in circulation. But on the 15th of August, 2010, that limit was des

Nathan Fillion Teases Guy Gardner’s Path From ‘Superman’ to ‘Lanterns’

With the release of the James Gunn-helmed Superman, the start of this era of DC Studios is set to make a summer blockbuster debut. And in it, we’ll meet a new slew of superhero characters, including the first Green Lantern within this DCU, Guy Gardner, as played by Nathan Fillion. Fillion is no stranger to the Green Lantern Corps., as the actor has a history of portraying the more iconically recognized hero Hal Jordan in Warner Bros. Animation’s straight-to-video animated DC films. Now, he’s se

Google announces latest AI American Infrastructure Academy cohort

Google on Thursday announced the second cohort to take part in its AI Academy: American Infrastructure, which seeks to support companies using AI to address issues such as cybersecurity, education, and transportation. The four-month program is designed for companies at a seed to Series A stage and provides equity-free support and resources like leadership coaching and sales training. It’s primarily virtual, but founders will convene for an in-person summit at Google. Applications opened in late

Microsoft shares $500M in AI savings internally days after cutting 9,000 jobs

Microsoft’s chief commercial officer Judson Althoff said during a presentation this week that AI tools are boosting productivity across sales, customer service, and software engineering, Bloomberg reports. Althoff noted AI has been so useful that Microsoft was able to save more than $500 million last year in its call center alone. The internal remarks come a week after Microsoft laid off more than 9,000 workers, the company’s third round of layoffs this year that put the total number of affecte

Linda Yaccarino is leaving X

Linda Yaccarino, the chief executive of X and a top lieutenant to its owner, Elon Musk, said on Wednesday that she was leaving the company two years after joining the social media platform. In a post on X, Ms. Yaccarino, 61, said: “When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company. I’m immensely grateful to him for entrusting me.” She did not provide a reason for her departure. Ms. Yacc

Nvidia briefly touched $4 trillion market cap for first time

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia stock rose on Wednesday lifting the company's market cap briefly past $4 trillion for the first time as investors scooped up shares of the tech giant that's building the bulk of the hardware for the generative artificial intelligence boom. However, Nvidia stock ended finishing the day only up 1.

Qantas confirms data breach impacts 5.7 million customers

Australian airline Qantas has confirmed that 5.7 million people have been impacted by a recent data breach, in which threat actors stole customers' data. On July 1st, Qantas disclosed that it had detected a cyberattack the previous day on a third-party platform used by a Qantas airline contact centre. While the company did not share any further details, BleepingComputer learned that the attack shared similarities with other attacks on the aviation industry linked to threat actors classified as

Nvidia Makes History

Nvidia made history on Wednesday, becoming the first company in the world to reach a $4 trillion market capitalization. This unprecedented milestone solidifies its position as a dominant force in the global economy and a key player in the artificial intelligence revolution. While OpenAI and its viral chatbot ChatGPT might be the public face of AI, Wall Street looks to Nvidia as the true barometer of this transformative technology. Nvidia designs and manufactures the advanced graphics processing

Neobank Revolut seeks $65B valuation, a year after its $45B deal

In Brief Europe’s fintech darling Revolut is looking to raise a new funding round that would give it a $65 billion valuation, the Financial Times reports. The UK-based company is reportedly in talks to raise around $1 billion by issuing new shares and selling existing ones. The US-based firm Greenoaks is said to be leading the round, though the deal has not been finalized, and terms could change. TechCrunch reported in April that the company saw a 72% increase in revenue last year, netting $1

AI mania pushes Nvidia to record $4 trillion valuation

On Wednesday, Nvidia became the first company in history to reach $4 trillion market valuation as shares rose more than 2 percent, reports CNBC. The GPU maker's stock has climbed 22 percent since the start of 2025, continuing a trend driven by demand for AI hardware following ChatGPT's late 2022 launch. The milestone marks the highest market cap ever recorded for a publicly traded company, surpassing Apple's previous record of $3.8 trillion set in December. Nvidia first crossed $2 trillion in F

Nvidia Makes History: The World’s First $4 Trillion Company Is Here

Nvidia made history on Wednesday, becoming the first company in the world to reach a $4 trillion market capitalization. This unprecedented milestone solidifies its position as a dominant force in the global economy and a key player in the artificial intelligence revolution. While OpenAI and its viral chatbot ChatGPT might be the public face of AI, Wall Street looks to Nvidia as the true barometer of this transformative technology. Nvidia designs and manufactures the advanced graphics processing

Nvidia Becomes First Company to Reach $4T Market Cap

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia stock jumped more than 2% on Wednesday, lifting the company's market cap past $4 trillion for the first time as investors scooped up shares of the tech giant building the bulk of the hardware for the generative artificial intelligence boom. The chipmaker is the first company to ever achieve this

X Chief Says She Is Leaving the Social Media Platform

Linda Yaccarino, the chief executive of X and a top lieutenant to its owner, Elon Musk, said on Wednesday that she was leaving the company two years after joining the social media platform. In a post to X, Ms. Yaccarino, 61, said, “When @elonmusk and I first spoke of his vision for X, I knew it would be the opportunity of a lifetime to carry out the extraordinary mission of this company. I’m immensely grateful to him for entrusting me.” She did not provide a reason for her departure. Ms. Yacc

Nvidia hits $4 trillion market cap, first company to do so

Nvidia CEO Jensen Huang attends a roundtable discussion at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris on June 11, 2025. Nvidia shares jumped more than 2% on Wednesday, topping a $4 trillion market cap for the first time as investors scooped stock in the tech giant building the hardware for the generative artificial intelligence boom. The chipmaker is the first company to ever achieve this market value. Nvidia is the wo

The Entire Run of ‘Squid Game’ Is Currently Dominating Netflix Ratings

Squid Game‘s three seasons in order of fan preference? Season one was easily the best. Season two brought mixed results. And season three is nobody’s favorite. But that doesn’t mean people aren’t still binging as if 45.6 billion won depended on it. The streamer’s latest ratings chart has Squid Game season three in the top slot; no surprise there. But the other seasons have climbed back up the global top 10 of non-English shows, with 2024’s season two at number two and 2021’s season one at number

Mistral is reportedly in talks to raise $1B

In Brief French AI startup Mistral is in talks to raise up to $1 billion in equity from investors including Abu Dhabi’s MGX fund, reports Bloomberg, citing people familiar with the matter. Mistral is also talking to French lenders like Bpifrance SACA to raise hundreds of millions of euros in debt, per Bloomberg. TechCrunch has reached out to Mistral for comment. Mistral, makers of the Le Chat chatbot, is one of the most significant players in the European AI landscape with a focus on open-wei

LangChain is about to become a unicorn, sources say

LangChain, an AI infrastructure startup providing tools to build and monitor LLM-powered applications, is raising a new round of funding at an approximate $1 billion valuation led by IVP, according to three sources with knowledge of the deal. LangChain began its life in late 2022 as an open-source project founded by Harrison Chase, who was then an engineer at machine learning startup Robust Intelligence. After generating significant developer interest, Chase transformed the project into a start

Jeff Bezos sells $666 million in Amazon stock as part of plan to unload 25 million shares

Jeff Bezos gestures as he leaves Aman Venice hotel, ahead of their expected wedding, in Venice, Italy, June 25, 2025. Amazon founder Jeff Bezos sold nearly three million shares worth $665.8 million over two days in July, a regulatory filing Tuesday showed. The stock sale is part of a plan announced earlier this year that will see Bezos unload up to 25 million shares of Amazon through May 2026. Bezos, who stepped down as Amazon CEO in 2021, sold $736.7 million in stock during the final days of

IDC: Mac shipments up 21% in Q2, but U.S. sales stalled ahead of tariff deadline

According to a preliminary report issued by IDC today, Apple saw the strongest year-over-year growth during Q2 compared to its closest competitors in the PC market, except in the U.S., where sales basically flatlined. Here are the details Based on today’s numbers, Apple outpaced the competition by a lot, with 21.4% growth year-over-year. However, it came up once again in fourth place with 9.1% market share. In practice, that translated to 6.2 million PCs shipped worldwide, up from 5.1 million

SpaceX in talks to raise new funding at $400B valuation

In Brief SpaceX is looking to raise fresh capital by selling new shares to insiders in a deal that would boost its valuation to around $400 billion, according to reporting from Bloomberg. The company’s strategy is to raise money via a fundraising round and separately hold a tender offer to allow employees to sell some of their shares to a select group of investors, anonymous sources told Bloomberg. SpaceX typically holds tender offers twice per year. SpaceX’s valuation has steadily climbed si

Samsung expects second-quarter profits to more than halve as it struggles to capture AI demand

Samsung signage during the Nvidia GPU Technology Conference (GTC) in San Jose, California, US, on Thursday, March 20, 2025. South Korea's Samsung Electronics on Tuesday forecast a 56% fall in profits for the second as the company struggles to capture demand from artificial intelligence chip leader Nvidia. The memory chip and smartphone maker said in its guidance that operating profit for the quarter ending June was projected to be around 4.6 trillion won, down from 10.44 trillion Korean won ye