Ferrari launched its first all-electric vehicle, the Ferrari Luce, to a cacophony of criticism this week, leaving the storied brand stumbling. Following Monday’s launch, the stock dropped 8 percent and didn’t rebound until Thursday, when CEO Benedetto Vigna defended the Luce, saying that customer interest was “strong.”  What made the response so unusually broad outside…

When one of his co-founders, Vivek Sodera, urged him to fly to Hawaii for a business conference in 2017, Rahul Vohra hesitated. Superhuman, his A.I.-powered email startup, was still in its early days, and the trip felt like a distraction he couldn’t afford. But on his first afternoon by the pool, he met Shishir Mehrotra,…

At first glance, Andon Market could pass for any typical neighborhood shop in San Francisco’s trendy Cow Hollow district. Inside are artisan snacks, handmade candles and a selection of curated books, including Nick Bostrom’s Superintelligence and Aldous Huxley’s Brave New World. But the most unusual thing about the shop isn’t what it sells. It’s who…

Elon Musk’s SpaceX is set to go public next month. While the hype around it has lifted other space-related stocks, this listing represents far more than a rocket company debuting on the public market. Ahead of its IPO filing, SpaceX acquired Musk’s A.I. startup, xAI, which itself had already absorbed X, the social media platform…

Despite women in the U.S. launching nearly half (49 percent) of new businesses, they received just 2.1 percent of all venture capital funding in 2024. That figure dropped to 1.1 percent in 2025 as investors concentrated funding in A.I. companies. Molly Huyck, who spent more than two decades at PayPal, sees that imbalance as a…

As interest in “vibe coding” spreads rapidly, so is the footprint of Lovable, a Swedish startup known for its A.I. coding tools for non-technical users. After raising $330 million at a $6.6 billion valuation last December, the company opened its first U.S. office in Boston earlier this year—and brought over corporate traditions from its Stockholm headquarters,…

SpaceX has finally opened the books. In a long-awaited IPO filing released Wednesday (May 20), Elon Musk’s rocket and satellite company disclosed new details about its finances, spending and the insiders poised to reap enormous gains if the listing meets expectations. The filing leaves out key pricing details for now, but investors are anchoring to…

Nvidia’s astronomical rise to the world’s most valuable public company. was propelled by its graphics processing units (GPUs). Now, as A.I. enters its agentic phase, CEO Jensen Huang is betting future growth on central processing units (CPUs), long a secondary focus for the company. “The world has 1 billion human users. My sense is that…

On Tuesday (May 19), as Sundar Pichai unveiled a slew of A.I. updates at Google’s annual I/O developer conference in Mountain View, Calif., the company’s president and chief investment officer, Ruth Porat, took the stage in a scorching New York City to explain the massive financial stakes behind the tech giant’s ambitious A.I. push. Google’s…

The latest barb in the intensifying rivalry between OpenAI and Anthropic: Dario Amodei’s hiring of Andrej Karpathy, a founding member of OpenAI and former head of Tesla’s self-driving unit. Karpathy has joined Anthropic’s pretraining team, he announced on X yesterday (May 19). “I think the next few years at the frontier of LLMs will be especially…