billionaires

Billionaires including Eric Schmidt plow $300 million into a non-profit that is France’s latest push to catch up in AI

Billionaires Xavier Niel, Rodolphe Saadé and Eric Schmidt announced a new nonprofit artificial intelligence research lab in Paris, marking France’s latest push to develop sovereign AI technology.  Niel’s Iliad and Saadé’s CMA CGM SA...

Netflix cofounder Reed Hastings bought a stake in Powder Mountain, the stalled Utah ski resort once hyped as a utopia for founders and billionaires

Three months after announcing that he’d step down as CEO of Netflix, Reed Hastings has found his post-retirement project: He just became a co-owner of Powder Mountain, a troubled Utah ski resort that,...

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