American entrepreneur and computer scientist, co-founder of Google and Alphabet.
California debates a 5% wealth tax; ultra‑rich residents have moved assets out of state, with Alphabet’s Larry Page and Sergey Brin among notable relocations. Tax plans are spurring residency audits and significant corporate and political pushback.
Google has revamped its search paradigm around artificial intelligence, signaling a move away from the open web that underpins the internet. The company says billions of clicks remain, but critics warn that the ecosystem for publishers and creators is being constricted as AI-driven answers keep users inside a closed environment.
Miami-Dade County has seen 24 sales of properties above $30 million in H1 2026, roughly double the prior year, fueling expectations to surpass 2025’s record. The rise is tied to tax policy debates and growing tech presence, including Alphabet’s Miami expansion.
California voters will decide Prop 40 in November. Billionaire wealth, tax politics, and business interests collide as wealthy residents consider plans that would impose a 5% one-time tax on net worth to fund healthcare, with heavy pushback from residents and business leaders.
Berkshire Hathaway has expanded its Alphabet stake and outlines how it plans to use energy assets to support hyperscale computing, while facing renewed community resistance to data-centre projects. Abel says Berkshire will sell energy to AI customers only if it wouldn’t raise costs for other customers, and Buffett’s Alphabet investment continues to loom large as AI reshapes the portfolio.
The festival’s age profile is shifting as fewer attendees are in their 20s and more are in their 40s and 50s, with three deaths reported this year. Organizers say the 2026 census hints at a slightly younger turnout than 2025, while officials note deaths were not linked to age. The trend could reshape the event’s culture, logistics, and public perception.
Ives launches IVAI fund to buy private AI firms, aiming to expose ordinary investors to high-growth AI ventures; Dallas grows as a corporate hub with TXSE gaining traction; Telon partners with OpenAI for legal AI tools; Vantora pivots to corporate-led AI startups; OpenAI expands legal tools alongside other industry-focused products.