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Kohlberg, Kravis, Roblox

Kohlberg, Kravis, Roblox

The Roblox Roll-Up We were talking the other day about the bizarrely active market for mergers and acquisitions on Roblox, which raises the obvious question: Why? Why would a professional studio pay a teenager millions of dollars for a game that might be forgotten in six months? The answer is
The Muskonomy

The Muskonomy

Roblox M&A

Roblox M&A

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Why Is OpenAI Building a Web Browser

Why Is OpenAI Building a Web Browser

OpenAI, the company that ignited the artificial intelligence race with ChatGPT, is now preparing to launch its own AI-powered web browser. According to a recent report from Reuters, the browser is designed to directly challenge Google's market-dominating Chrome and fundamentally change how people interact with the internet. The
How a Niche Memory Chip Dethroned Samsung in the AI Race

How a Niche Memory Chip Dethroned Samsung in the AI Race

Samsung Electronics Co., a titan of the technology world, just saw its operating profit plummet by 56%, a shocking result that wiped billions from its bottom line. The culprit wasn’t slumping smartphone sales or a weak TV market. The crisis stems from its failure to lead in a highly

How Private Credit Is Powering the AI Revolution

Meta is reportedly in talks to raise a staggering $29 billion, not from the public markets, but from private credit giants like Apollo Global Management and KKR. The purpose: to finance its all-in push into artificial intelligence. The move is the latest and one of the most dramatic signs that
With Robotaxis on the Road, What's Behind Tesla's Bet Against Lidar?

With Robotaxis on the Road, What's Behind Tesla's Bet Against Lidar?

Tesla rolled out its long-promised robotaxi service in Austin this week, a landmark moment CEO Elon Musk called the "culmination of a decade of hard work." The deployment of driverless Model Ys carrying paying customers puts Tesla squarely in the autonomous ride-hailing market. But within hours of the

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Kohlberg, Kravis, Roblox

Kohlberg, Kravis, Roblox

The Roblox Roll-Up We were talking the other day about the bizarrely active market for mergers and acquisitions on Roblox, which raises the obvious question: Why? Why would a professional studio pay a teenager millions of dollars for a game that might be forgotten in six months? The answer is
The Muskonomy

The Muskonomy

SpaceX's Side Hustle Here is a fun corporate governance story. Elon Musk’s rocket company, SpaceX, is investing $2 billion in his artificial intelligence company, xAI. This is part of a larger funding round for xAI, which is a private company. SpaceX is also a private company, but
Roblox M&A

Roblox M&A

Virtual Private Equity Here is a fun story about the creator economy. A 19-year-old who made a soccer video game on Roblox with an anime vibe sold it a few months later for more than $3 million. Not to a big game studio like EA or Ubisoft, but to another
The Browser Wars Are Back

The Browser Wars Are Back

OpenAI's Chrome So OpenAI is making a web browser. Which is a thing that startups do when they have a lot of money and are looking for new ways to spend it. But of course, this isn't really about building a better Chrome. It's