Hundreds of billionaires pledged to give away $600 billion to charity—but the Bill Gates and Warren Buffett era of philanthropy may be over

Hundreds of billionaires pledged to give away $600 billion to charity—but the Bill Gates and Warren Buffett era of philanthropy may be over

Bill Gates and Warren Buffett ushered in a new Gilded Era of philanthropic giving, likened in influence to the Rockefellers and Carnegies. But charity work is about to look very different as higher taxes are threatened on liberal institutions, and new methods of giving are popularized by women mega-donors. MacKenzie Scott has become a pioneer…

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Bill Gates Rethinks Climate Catastrophe

Bill Gates Rethinks Climate Catastrophe

The climate conformity caucus is breaking up at long last, and the latest evidence is a change of mind by none other than Bill Gates. The Microsoft billionaire turned liberal philanthropist now says the “doomsday view” about the climate is wrong, and “it’s diverting resources from the most effective things we should be doing to…

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Microsoft CEO Satya Nadella says Bill Gates told him his big bet on OpenAI would be a flop: 'Yeah, you're going to burn this billion dollars'

Microsoft CEO Satya Nadella says Bill Gates told him his big bet on OpenAI would be a flop: ‘Yeah, you’re going to burn this billion dollars’

OpenAI is now the world’s most valuable private company, but when Microsoft originally invested $1 billion in the startup in 2019, it was less than a sure bet. Microsoft CEO Satya Nadella faced pushback even from the company’s cofounder and original CEO Bill Gates, he recalled during an interview on tech-focused YouTube channel TPBN. “Remember…

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Bill Gates Told Satya Nadella 'You're Going To Burn This Billion Dollars' By Investing In OpenAI — But Microsoft's Bet Became A 100-Bagger

Bill Gates Told Satya Nadella ‘You’re Going To Burn This Billion Dollars’ By Investing In OpenAI — But Microsoft’s Bet Became A 100-Bagger

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. When Bill Gates cautioned Satya Nadella that Microsoft Corporation’s (NASDAQ:MSFT) $1 billion OpenAI investment could go up in flames, few could have imagined it would turn into a $135 billion stake. Microsoft shares climbed nearly 2% Tuesday after…

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