Bill Ackman has spent close to $1 billion on philanthropy over two decades and concluded that capitalism is better at solving problems. “I’ve spent a fair amount of time on philanthropy, and it’s vastly less efficient at solving problems than capitalism,” the Pershing Square founder told Fortune. “You create far more jobs through capitalism than […]<br /> This story continues at The Next Web [...]
Pershing Square has taken a new position in Microsoft, with the size to be disclosed in a 13F filing later on Friday. The stock is down roughly 16% year-to-date. Bill Ackman has bought Microsoft. Pers [...]
Jeff Bezos is taking on his first operational role since leaving Amazon in 2021. According to the New York Times, he is stepping in as co-CEO of Project Prometheus, a new AI startup backed by 6.2 bill [...]
Jeff Bezos is spearheading a new AI started called Project Prometheus, focused on his current interests in space and engineering, The New York Times reports. The company, which has yet to be made pub [...]
Jeff Bezos' AI startup Prometheus has closed a $12 billion funding round at a $41 billion valuation. The company launched just last November with $6.2 billion in seed funding. No products yet, be [...]