American entrepreneur and computer scientist, co-founder of Google and former Alphabet CEO.
Two large budgets face significant cuts: Long Beach plans layoffs and service reductions, while New York City’s school district avoids broad cuts by offsetting deficits with state funds and debt management measures.
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.
Three deaths at Burning Man this year have intensified scrutiny of the festival’s aging attendee base and safety measures as the event, drawing roughly 70,000 participants, continues to evolve from its countercultural roots.
Telon, a London startup, has joined OpenAI's select partner network to help law firms operationalize AI. It hires and trains legal engineers who embed inside legal teams to configure models, write prompts and train lawyers, aiming to close the usage gap in AI tools.
Ken Griffin has pledged $3 billion to Carnegie Mellon University, including $2 billion to build a 35‑acre Wynwood campus in Miami and $1 billion for priorities at CMU’s Pittsburgh campus. Construction on the Miami site is slated for 2027, with student enrollments planned to begin in 2028; the computer science school will be renamed for Griffin.
SpaceX shares have surged as analysts flag upside from Starship flights and AI-driven compute deals. Elon Musk’s net worth has crossed the trillion-dollar mark again, driven by SpaceX and Tesla ownership, with momentum continuing into Q4.
Meta has secured a deal to keep Mark Zuckerberg as a California resident and leader as Proposition 40 looms. The company will issue a new class of non-voting shares to allow liquidity for a potential tax bill without diluting control. The move follows Zuckerberg’s threats to relocate amid a proposed 5% wealth tax on billionaires.