AI Business & Money

Valuations, burn rates, layoffs and boardroom bets — following the money behind the AI industry.

Tech billionaires suddenly want UBI and wealth funds. Here's why the pivot from AI hype to sudden empathy is a response to real backlash.

Pew Research shows only 16% of Americans expect AI to help society. Here's why the public turned on Big Tech's AI push — and why it isn't going back.

Pizza Hut and Klarna handed AI the keys to real operations. Here's why both deployments backfired — and what actually works instead.

Gartner data shows 80% of AI-driven layoffs show zero ROI correlation. Why replacing workers with AI is backfiring on corporate balance sheets.

SpaceX's trillion-dollar valuation, Grok's safety scandals and Tesla's crash-data disputes are converging into one accountability story.

Meta is posting record ad revenue while its AI pivot triggers mass layoffs, a leaderboard culture, and an internal morale collapse.

Meta burned $80B on the metaverse, pirated books for AI, and hid debt in Enron-style deals. Here's the strategic collapse, reportedly, in order.

Leaked financials reportedly show OpenAI losing over a dollar for every dollar earned. Here's why the trillion-dollar story doesn't add up.

Palantir employees reportedly describe a 'descent into fascism' after ICE and strike controversies. Here's what the internal revolt means.

OpenAI reportedly faces $44B in projected losses through 2028 as enterprise AI costs spiral industry-wide and trust erodes.

Tech CEOs are cutting jobs based on flawless AI demos, not real production results — and the data shows the productivity case doesn't hold up.

The UK's £500M Sovereign AI Unit acts like a VC fund, fast-tracking visas and compute to stop startups fleeing to Silicon Valley.