Robot startup Figure valued at $2.6 billion by Bezos, Amazon, Nvidia

Startup Figure AI is developing general-purpose humanoid robots. Figure AI Figure AI, a startup working to build humanoid robots that can perform dangerous and undesirable jobs, just got a big vote of confidence from some of the largest names in artificial intelligence. The company said Thursday that it raised $675 million at a $2.6 billion … Read more

Explaining NASA’s approach to cargo moon landings

The surface of the moon, captured by Odysseus’ Terrain Relative Navigation camera from lunar orbit on Feb. 21, 2024. CNBC’s Investing in Space newsletter offers a view into the business of space exploration and privatization, delivered straight to your inbox. CNBC’s Michael Sheetz reports and curates the latest news, investor updates and exclusive interviews on the … Read more

Jeff Bezos sells over $2 billion in Amazon stock third time this month

Jeff Bezos looks on from the sidlines before kickoff between the Kansas City Chiefs and Los Angeles Chargers at GEHA Field at Arrowhead Stadium on September 15, 2022 in Kansas City, Missouri. The Amazon founder and chairman is one of the world’s richest men. Cooper Neill | Getty Images Sport | Getty Images Amazon founder … Read more

Jeff Bezos: Bezos sells $4 billion of Amazon stock in four trading days

Jeff Bezos didn’t wait long to start cashing in on Amazon.com Inc.’s rally to start the year. Less than two weeks after disclosing a plan to dispose of as many as 50 million shares of the company he founded, Bezos has offloaded 24 million shares, worth more than $4 billion. The sales, revealed in regulatory … Read more

Jeff Bezos sells more than $2 billion in Amazon stock

Jeff Bezos. Emma McIntyre | Getty Images Entertainment | Getty Images Amazon founder and executive chairman Jeff Bezos sold roughly $2.08 billion of shares in the company over the past few days, according to a financial filing. The sales began Friday, the filing shows, and continued Monday. In total, Bezos sold 11,997,698 shares in the … Read more

Startup K2 Space raises $50 million to build monster satellites

K2 Space co-founders Karan Kunjur and Neel Kunjur at the company’s facility in Torrance, California. Credit: K2 Space Los Angeles-based startup K2 Space raised $50 million in new funding as the company works to build monster satellites to match the massive rockets that are coming to market.  Nearly two years since founding, K2 co-founders and … Read more

Jeff Bezos’ move to Miami will save him over $600 million in taxes

Jeff Bezos and Lauren Sanchez walk in the Paddock prior to final practice ahead of the F1 Grand Prix of Miami at Miami International Autodrome on May 06, 2023 in Miami, Florida.  Clive Mason | Formula 1 | Getty Images Jeff Bezos’ $2 billion stock sale last week came with an added perk: no state … Read more

Bezos sells $2 billion of Amazon shares in first major stock sale since 2021

Jeff Bezos unloaded 12 million shares of Amazon.com Inc. this week, the first time the billionaire has sold the company’s stock since 2021. The sales took place on Wednesday and Thursday and netted just over $2 billion, according to a filing. Amazon disclosed on February 2 that Bezos plans to sell as many as 50 … Read more

Sierra Space’s Awesome New Spaceplane Is Taking The Fight To SpaceX

The private race to space basically has two main parties right now, there’s the Elon Musk-backed SpaceX, which regularly ferries supplies and satellites around for Nasa, and the Jeff Bezos-funded Blue Origin, which is the space travel agent of choice for the rich and famous. Now, there’s a third private space flight firm that’s almost … Read more

Bill Gates-backed miner discovers large-scale copper deposit in Zambia

A truck makes its way over the Victoria Falls bridge, spanning over the Zambezi River, linking Zambia and Zimbabwe, in Livingstone, Zambia, on Sunday, May 8, 2022. Bloomberg | Bloomberg | Getty Images KoBold Metals, a California-based metals exploration company backed by billionaires including Bill Gates and Jeff Bezos, said that it has discovered a … Read more