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News
Devin Parekh: AI Investment Stays Diversified
12+ hour, 21+ min ago (161+ words) ababnews.com Insight Partners co-leader Devin Parekh admitted in an interview with TechCrunch that the company recently lost a funding bid for Swedish AI legal tech firm Legora to General Catalyst. He elaborated on why, despite peers going all in…...
North Korea Recruits IT Personnel from Third Countries to Infiltrate US Companies - ABAB News
15+ hour, 46+ min ago (209+ words) According to Cointelegraph citing NBC News, North Korea is recruiting remote IT personnel from third countries such as Iran and Lebanon to assist in infiltrating US companies. These third-country nationals are primarily sourced through the LinkedIn platform, hired as part-time…...
Bending Spoons Founder Luca Ferrari: Buy and Never Sell, Following the Same "Buy, Improve, Keep" Process
14+ hour, 28+ min ago (17+ words) ababnews.com...
Elon Musk: Sending AI Computing Power to Space Next Year
14+ hour, 31+ min ago (11+ words) ababnews.com...
Vy Capital Becomes SpaceX's Fifth Largest Shareholder
15+ hour, 32+ min ago (197+ words) According to the Financial Times, venture capital firm Vy Capital currently holds approximately 3.4% of SpaceX's shares, making it the fifth largest shareholder of SpaceX. Based on the latest valuation, Vy Capital's stake in SpaceX is valued at around $40 billion, surpassing…...
Foresight Ventures Former Co-founder Forest Bai: Startups Cannot Have Barriers
1+ day, 15+ hour ago (71+ words) ababnews.com Foresight Ventures former co-founder Forest Bai stated that top venture capitalists often ask where the product barriers are and how to ensure users make money; both questions are foolish. He believes that startups cannot have barriers; barriers come…...
U.S. President Donald Trump: Data Centers are the Oil of the Next Fifty Years
1+ day, 15+ hour ago (122+ words) ababnews.com U.S. President Donald Trump stated on Laura Ingraham's show that AI data centers are the "oil of the next fifty years," channeling wealth and investment into American communities. He specifically criticized Google for expanding in Finland instead of the…...
OpenAI CEO Sam Altman: Willing to Melt All GPUs if Necessary
1+ day, 17+ hour ago (74+ words) ababnews.com OpenAI CEO Sam Altman stated in a Fortune interview that if melting all GPUs is necessary to ensure human survival, the answer would be an "easy yes." He does not believe the company will reach that point but…...