As we wrap up 2025, we’re looking at the year’s biggest winners: the people, companies, products and trends that made the most impact over the year. Almost at the top of the pile, of course, are the tech billionaires.
According to a recent report by Oxfam, the 10 richest US billionaires (who are all tech leaders, save for Warren Buffet) increased their wealth by $698 billion in 2025. Some of that has been spent treating and lavishing donations on President Trump. Elon Musk reportedly donated nearly $300 million to Trump and Republican allies, and several tech companies have pitched in to build the president’s White House ballroom.
ALLISON ROBBERT via Getty Images
Thanks to updates from Meta, Google, OpenAI and others, AI video is more realistic and easier to make than ever. AI video is everywhere. It’s not only overtaken your Facebook and Instagram recommendations, but Meta created an entirely separate feed just for users’ AI-generated fever dreams. The numbers are huge: OpenAI’s Sora, which lets you make AI videos of real people, was downloaded a million times in just a few days. And Google’s Veo generated more than 40 million videos in a few weeks of launching. AI slop is here to stay, and it’s everywhere.
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We didn’t say the winners would all be positive. But hey, the Switch 2 is great.
— Mat Smith
The other big stories this morning
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