Lufthansa will get the first 777X when Boeing finally delivers the new jet in 2026
A Boeing 777X in flight. Lufthansa is set to be the first airline to fly the 777X, Boeing’s much-delayed newest jet. CEO Kelly Ortberg said on an earnings call this week that the German carrier would get the first plane next year. Boeing continued to have “seat challenges, but we do know what those challenges…
UPS plunged after saying it’ll deliver fewer Amazon packages. Its CEO says it’s about ‘taking control of our destiny.’
UPS said it will deliver fewer Amazon packages. UPS is reducing the number of Amazon packages it handles as profit from those shipments shrink, its CEO said Thursday. “This was not their ask,” CEO Carol Tomé said on an investor call. “This was us. This was UPS taking control of our destiny.” Shares plunged as…
Meta’s chief AI scientist says market reaction to DeepSeek was ‘woefully unjustified.’ Here’s why.
Yann LeCun, Meta’s chief AI scientist, said there are misconceptions about DeepSeek. Silicon Valley is melting down over DeepSeek, an emerging Chinese competitor in the AI landscape, but Meta’s AI chief says the hysteria is unwarranted. DeepSeek caused alarm among US AI companies when it released a model last week that, on third-party benchmarks, outperformed…
Toddlers, trains, and fairy tales — Elon Musk’s best quotes from the Tesla earnings call
Elon Musk is the CEO of Tesla and SpaceX. Elon Musk touched on everything from fairy tales and toddlers to trains and telescopes during Tesla’s fourth-quarter earnings call on Wednesday. The automaker’s CEO nodded to “The Boy Who Cried Wolf,” joked about people shooting lasers out of their eyes like Superman, and said he wanted…
OpenAI could be worth as much as TikTok owner Bytedance with SoftBank’s latest investment
Sam Altman and Masayoshi Son announced the Stargate project together at the White House. SoftBank is preparing to lead fresh investment into OpenAI at a $300 billion valuation, B-17 understands — a move that would value the ChatGPT maker the same as TikTok owner ByteDance. The Japanese investment giant is in talks to invest up…
DeepSeek is driving demand for Nvidia’s H200 chips, some cloud firms say
Jensen Huang presenting at a Nvidia event in San Jose in March. Some cloud providers are experiencing a notable uptick in demand for Nvidia’s H200 chips after Chinese AI company DeepSeek burst into the race for the winning foundation model this month. Though the stock market caught wind of the powerful yet efficient large language…
Mark Zuckerberg said he has no plans to change Meta’s hybrid work policy: ‘The status quo is fine’
Meta CEO Mark Zuckerberg. The future of in-office work was top of mind for Meta employees on Thursday during a wide-ranging Q&A with CEO Mark Zuckerberg, according to a recording of the meeting reviewed by B-17. The bottom line? No changes for now. Most Meta employees are expected to head into the office at least…
US stocks are plummeting again after China hits back in the trade war
China has imposed retaliatory tariffs on US imports. Stocks are plunging for a second day as investors continue to panic over President Donald Trump’s sweeping tariffs and retaliatory measures announced by China on Friday. Here’s where US indexes stood at the 9:30 a.m. opening bell on Friday: S&P 500: 5,251.87, down 2.62% Dow Jones Industrial…
I run a multimillion-dollar company and spend up to $20,000 a month on personal trainers, chefs, and other help. It’s worth it.
Salim Elhila, right, and his cofounder Tan Gera spend up to $20,000 a month on personal and professional help to help them optimize their lives. This as-told-to essay is based on a conversation with Salim Elhila, cofounder of Decentralized Masters. It has been edited for length and clarity. I run a multimillion-dollar crypto business with…
