Rockefeller Capital secures backing from Chanel dynasty’s family office and others
Rockefeller Capital Management Secures Major Backing from Chanel Dynasty and Other Elite Family Offices Rockefeller Capital Management, the wealth management…
Rockefeller Capital Management Secures Major Backing from Chanel Dynasty and Other Elite Family Offices Rockefeller Capital Management, the wealth management…
Oura has achieved an $11 billion valuation following a $900 million Series E funding round. The Finnish wearable company reported over $500 million in 2024 revenue and expects to reach $1 billion in sales this year while competing with major tech players in the smart ring market.
Oura has reached an unprecedented $11 billion valuation following a massive $900 million Series E funding round, positioning the Finnish wearable technology company among the most valuable private health tech firms globally. The substantial investment comes as Oura reports explosive growth, with revenue exceeding $500 million in 2024 and projections indicating the company will achieve $1 billion in sales during 2025 according to their latest financial disclosures.
JPMorgan Chase CEO Jamie Dimon has highlighted concerning signs in the labor market and persistent inflation pressures. The banking giant reported elevated credit loss provisions amid complex geopolitical and trade uncertainties. Dimon’s comments signal potential economic headwinds ahead.
Jamie Dimon, the veteran Chief Executive Officer of JPMorgan Chase & Co., has issued a stark warning about emerging economic vulnerabilities as the banking giant reported higher-than-expected provisions for credit losses. The prominent Wall Street leader pointed to “signs of a softening, particularly in job growth” alongside persistent inflation concerns that continue to challenge the economic outlook.
Spotify’s new managed accounts feature provides dedicated sub-accounts for young listeners, preserving parental music recommendations and Wrapped results. The feature includes parental controls and is rolling out globally after successful pilot testing. Available exclusively on Premium Family plans.
Spotify has officially launched managed accounts for Premium Family subscribers, addressing a long-standing frustration for parents whose music recommendations and annual Spotify Wrapped summaries have been compromised by their children’s listening habits. The feature creates separate sub-accounts for younger listeners while maintaining parental control, ensuring that musical preferences remain distinct across family members.
California Governor Gavin Newsom has signed legislation requiring AI companion chatbots to notify young users they’re not human and remind them to take breaks. The law addresses growing concerns about children’s mental health and AI interactions.
California has enacted groundbreaking legislation requiring AI companion chatbots to disclose their artificial nature and remind young users to take regular breaks. Governor Gavin Newsom signed SB 243 into law Monday, establishing new safeguards for children interacting with artificial intelligence systems as artificial intelligence becomes increasingly integrated into daily life.
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Broadcom’s 10.7% stock surge follows its OpenAI data center partnership for custom inference chips. The deal represents part of OpenAI’s 36GW capacity expansion, equivalent to 18 Hoover Dams. This signals unprecedented growth in AI infrastructure and semiconductor demand.
The artificial intelligence revolution is entering its infrastructure phase, as evidenced by Broadcom’s massive 10.7% stock surge following its OpenAI partnership announcement for custom-designed inference chips. This collaboration, developed over 18 months, represents the latest move in what industry experts are calling the largest industrial undertaking in history, with OpenAI announcing roughly 36GW of data center capacity since January. The scale is staggering—equivalent to 18 Hoover Dams’ worth of power—and signals how the AI trade is shifting from software to critical hardware infrastructure.