Japan’s Huge Supply of Empty Homes Is Attracting Foreign Buyers. One Thing to Note: Even the Japanese Don’t Want Them
MagnetThe akiya phenomenon offers a great investment opportunity, but buyers should read the “small print.”
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This Is How Louis Vuitton Makes Money: From Unaffordable Luxury to Mass Luxury
Business and EconomicsLouis Vuitton is a leading name in luxury fashion, but its sales continue to decline. The brand's strategy is to diversify in order to reach a broader audience.
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Mira Murati’s New AI Startup Is Reportedly Set to Raise $100 Million. The Big Question: Why?
Robotics and AIThe investment is significant, but the AI segment is becoming increasingly saturated. How will this new proposal stand out?
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Bernard Arnault Was the Richest Man in the World Until He Started Losing Money. He’s Already Lost Over $52 Billion
MagnetBernard Arnault began the year as the world’s richest man. In just seven months, his fortunes have changed with a loss of $52 billion.
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Everyone Made a Blind Bet in OpenAI’s Investment Round Except for Two Companies: Microsoft and Nvidia
Business and EconomicsMicrosoft and Nvidia are making immediate profits from the use of their products and services. All other investors are betting on an uncertain future.
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OpenAI Is Planning to Raise $6.5 Billion. This Could Make It as Big as Disney and Uber
Robotics and AISam Altman's company needs a bit of extra cash, and it looks like he's going to get it in a big way.
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OpenAI Is Gearing Up for Another Investment Round That Aims to Turn It Into a $100 Billion Startup
Robotics and AIIf successful, the new infusion of cash would make Sam Altman's company worth almost as much as Nike.
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A CEO Sold His Company and Turned All His Employees Into Millionaires. He Did Something Few People Do: Share
Business and EconomicsJay Chaudhry is an Indian-born businessman who made his fortune in Silicon Valley. Along the way, he took his employees with him, turning most of them into millionaires.
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Warren Buffett Sold Half of His Apple Shares. The Tax Bill on the Sale Is the Same as Spotify’s Annual Revenue
Business and EconomicsAs a result, he’s expected to pay approximately $15 billion in taxes.
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Bill Gates Has Become One of the Largest Landowners in the U.S. for a Good Reason: To Get Richer
MagnetBill Gates has become one of the largest landowners in the U.S. It’s not because he controls the market for agricultural production. Farmland is more profitable than stocks.
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Want to Have as Much Money as Jeff Bezos? You’d Need to Work for 45 Years Earning $2.1 Million per Hour
OthersJeff Bezos has a fortune valued at $200.3 billion. He earned $26.7 billion while sleeping in 2023.
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OpenAI Will Reportedly Lose $5 Billion This Year. Without Investment, It’s Impossible to Sustain the Ruinous AI Business
Robotics and AIAt this rate, it has 12 months left unless it finds new sources of investment.
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Elon Musk Has Vowed to ‘Obliterate’ Bill Gates if He Doesn’t Stop Shorting Tesla Shares
MobilityMusk believes that Tesla will one day overtake Nvidia as the largest capitalized company on the planet.
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Dubai Spent $12 Billion to Build 300 Artificial Islands for Millionaires. Now, They’re Abandoned and Sinking
MagnetThe project was launched with an initial investment of $12 billion and with 60% of the islands sold.
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Jeff Bezos Has Spent a Small Fortune on His Art Collection. The Reason Isn't a Love of Art, But Rather a Love of Money
OthersReturns on art can increase by up to 30% year-over-year and 109% over a decade.
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Microsoft Already Knows How to Conquer the AI World: Money. It's Spent Nearly $30 Billion (So Far)
Business and EconomicsThe Satya Nadella-led company isn't stingy about giving out checks.
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Investment:Japan’s Huge Supply of Empty Homes Is Attracting Foreign Buyers. One Thing to Note: Even the Japanese Don’t Want Them.This Is How Louis Vuitton..