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Yann LeCun Charts New Path with Advanced AI Initiative Targeting €500 Million
Yann LeCun, renowned AI scientist, is launching Advanced Machine Intelligence Labs (AMI Labs) to develop practical AI systems, targeting €500 million in funding. The venture aims to explore robotics and embodied intelligence, with Meta providing support but no equity investment.
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From PayPal Mafia to Investment Kingdom: The VC Innovation Created by Founders Fund
Founded in 2005 with a small fund of $50 million, Founders Fund has transformed in less than 20 years into an investment empire managing tens of billions of dollars. The driving force behind this transformation is a group of elite investors known as the PayPal Mafia. They are known for wielding the highest power in Silicon Valley and for their strategic foresight as a group of trendsetters.
The Origin Marked by the Setbacks of the PayPal Era
The history of Founders Fund is not just a success story but a tale filled with revenge and conviction. Its origins trace back to PayPal. In mid-1998, a speech at Stanford University sparked the involvement of Peter Thiel, Ken Howery, Luke Nosek,
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Digital Yuan Smart Contract Development: Bridging Technical Capability and Regulatory Design
Recent insights from Caixin reveal that smart contract development for the digital yuan is advancing on a robust technical foundation, yet the implementation path remains intertwined with regulatory considerations. According to a technical expert close to the project, both account-based smart contra
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Terra Luna incident, Shin Hyun-sung personally states his position in court
Shin Hyun-seong, former CEO of Chai Corporation, appeared in court denying allegations related to Luna and Terra. He emphasized a business separation from Do Kwon, asserting no involvement in Terraform Labs' decisions. His defense argued that cryptocurrencies are not classified as securities, highlighting the lack of past regulations in South Korea. Prosecutors charged him with multiple offenses, citing illicit gains totaling 4.629 trillion won.
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Asha Hayes' outlook on the next challenge goals for Bitcoin and Ethereum
Arthur Hayes analyzes macroeconomic conditions and predicts significant potential for cryptocurrency growth, forecasting Bitcoin to reach $100K and Ethereum $3K. His insights will be further discussed at the WebX Asia conference in Tokyo.
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David Friedberg and Fellow Tech Titans Outline 2026 Strategy: Why They're Betting Big on Copper While Shunning Oil
Four prominent venture capitalists and tech entrepreneurs—David Friedberg, Chamath Palihapitiya, David Sacks, and Jason Calacanis—recently shared sweeping investment theses and predictions for 2026 on the All-In Podcast, providing a rare glimpse into how elite tech investors are positioning capital
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ONDO Historical Price and Return Analysis: Should I buy ONDO now?
This article reviews the market price fluctuations of ONDO since its inception in 2024, analyzes the potential gains during bull and bear market phases, and points out that early investors have achieved significant returns. However, the recent market is in a correction, and it is recommended that beginners and long-term investors carefully assess the risks before deciding whether to buy.
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Rethinking Retirement Finances: Strategic Ways To Minimize Living Expenses
Retirement often brings the pressing question: how can you maintain your lifestyle without draining your nest egg? The answer lies in creative financial planning and a willingness to think differently about where your money goes. While increasing income becomes increasingly difficult after you
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From $2.47 to $420,000: The Incredible Journey of Rare Pokémon Cards as an Investment
When Pokémon cards first arrived in the United States in 1999, few could have imagined that a small rectangular piece of cardboard would someday command six-figure valuations. Yet for those who recognized the investment potential and preserved their collections with care, the financial outcomes have
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Decoding Top-Tier Fund Manager's Strategic Positions: A Look at Three Market Leaders Representing 39.5% of Holdings
Understanding the Investment Philosophy Behind Pershing Square's Portfolio
Bill Ackman, founder and CEO of Pershing Square Capital Management, has established a proven track record in identifying undervalued opportunities and supporting long-term wealth creation. His investment selections often re
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Global Healthcare Bargain: Where Retirees Can Access Quality Medical Care at 1/5 the U.S. Cost
Retiring abroad isn't just about chasing sunshine anymore—it's about stretching your healthcare dollars further. American retirees face a sobering reality: Fidelity estimates that a 65-year-old needs $157,000 saved just to cover Medicare gaps in retirement, with couples needing $315,000. Yet in
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Planning to Pay for Lottery Tickets With a Credit Card? Here's What You Should Know
Think you can simply swipe your way to a lottery jackpot? Think again. While credit cards have become the default payment method for nearly everything in our consumer lives, buying lottery tickets remains one of the few exceptions where plastic faces serious restrictions—and it's by design.
Why
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Understanding Viatical and Life Insurance Settlements: Key Distinctions and Financial Implications
When faced with significant financial pressure or changing life circumstances, policyholders often explore alternatives to traditional life insurance benefits. Two primary mechanisms exist for converting a life insurance policy into immediate liquidity: viatical settlements and life settlements.
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Comparing Stock and Real Estate Investments: Which Aligns With Your Financial Goals?
Understanding the Performance Gap
When it comes to investing in real estate vs stocks, historical performance tells a compelling story. Consider this: a $33,500 investment made in 1973 would have evolved very differently depending on the path taken. The U.S. median home price stood at $33,500 in 1
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Your Complete Guide to Sports Psychologist Education Requirements and Career Path
Starting Salary and Compensation Overview
Before committing to this career path, it's worth understanding the financial outlook. According to Payscale data, professionals in this field earn an average of $75,000 annually, with compensation ranging from approximately $49,000 at entry level to
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Creating an LLC in Illinois: A Complete Step-by-Step Guide
Limited liability companies have become increasingly attractive business structures since the late 1990s, when IRS regulations allowed LLC members to select their preferred tax classification—whether as a partnership or corporation. If you're considering establishing your business in Illinois,
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Understanding Roth IRA Income Limits: A Strategic Guide to 2020 Contributions
Why Roth IRA Income Limits Matter More Than You Think
Roth IRAs often fly under the radar in retirement planning conversations, yet they offer something traditional IRAs don't: tax-free growth and penalty-free withdrawals during retirement. The catch? Not everyone can access them. The IRS
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Ford vs. Rivian: Which EV Play Should Make Your 2026 Portfolio?
The New Player with Old Problems
Rivian [(NASDAQ: RIVN)](/market-activity/stocks/rivn) burst onto the automotive stage with impressive momentum. The company's R1 platform—available as both truck and SUV—captured market attention, with Q3 2025 revenue exploding 78% year-over-year. That's the kind o
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