Jay-Z accused of sexually assaulting a 13-year-old girl in a civil case against Sean ‘Diddy’ Combs
Shawn “Jay-Z” Carter (left) was accused of raping a 13-year-old girl in an amended complaint in a civil lawsuit against Sean “Diddy” Combs (right). Jay-Z, whose real name is Shawn Carter, has been accused of drugging and raping a 13-year-old girl in a new court filing stemming from a lawsuit against Sean “Diddy” Combs. The…
Read Jay-Z’s full statement in response to rape accusation
Jay-Z has denied accusations of raping and drugging a 13-year-old girl with Sean Combs in 2000. Shawn Carter, better known as the rapper Jay-Z, has responded to a civil lawsuit that accuses him and Sean “Diddy” Combs of drugging and raping a 13-year-old girl. The accusation, which comes from an unnamed plaintiff, is included in…
Meet David Sacks, member of the ‘PayPal Mafia’ and Trump crypto czar
David Sacks, who will serve as Trump’s AI and crypto czar, has long known Elon Musk and Peter Thiel. Venture capitalist David Sacks is joining the ranks of tech executives who will staff President-elect Donald Trump’s White House. He will serve as the artificial intelligence and crypto czar, further cementing Silicon Valley’s role in the…
Cohere CEO Aidan Gomez on what to expect from ‘AI 2.0’
Cohere cofounders Ivan Zhang, Nick Frosst, and Aidan Gomez. If this was the year companies adopted AI to stay competitive, next year will likely be about customizing AI solutions for their specific needs. “The next phase of development will move beyond generic LLMs towards tuned and highly optimized end-to-end solutions that address the specific objectives…
Exclusive: Read the 9-page memo hyperscaler startup Nscale used to raise a $155 million Series A
Josh Payne, founder and CEO of Nscale. Nscale, a London-based startup providing companies with access to data centers and clusters of AI chips, has raised $155 million in fresh funding. The startup, which came out of stealth in May 2024, bills itself as a fully integrated AI infrastructure platform. As a hyperscaler, Nscale provides the…
CHART: Meet B-17 rising stars of venture capital in 2024, by the numbers
From left to right: Jon Chu, Caroline Fiegel, Deedy Das, and Iris Sun. Artificial intelligence is creating new opportunities for early-career investors to shine when it comes to sourcing hot startups and writing checks for eye-popping funding rounds. B-17 asked for nominations for our annual class of most promising investors. We selected 45 young VCs…
Nvidia stock drops as China probes the chipmaker over potential antitrust violations
Nvidia shares fell on Monday on news that the chipmaker is being investigated for potentially violating anti-monopoly rules in China. Shares of the chipmaker were down over 3% shortly after the opening bell, trading around $137.91 a share. Shares slid after China’s State Administration for Market Regulation said it was looking into Nvidia’s acquisition of…
Stock market today: Rally stalls as Nvidia slips and investors await latest inflation data
NYSE Traders working during the opening bell. The US stock rally stumbled Monday, with the S&P 500 and Nasdaq 100 retreating from record highs as investors await key inflation data this week and as chipmaker Nvidia shares dropped amid news of an antitrust probe in China. The November consumer price index will be released Wednesday…
Risk appetite is high and the bears are in retreat amid a dizzying market rally
Bitcoin reaching record highs. Memecoins rising and falling. Roaring Kitty pumping Gamestop. You would be forgiven if you thought I was referring to the fever dream that was 2021 — but no, this was all just last week. The market is reminiscent of those pandemic days when traders, flush with cash and time on their…
