Bill Gates and Other Billionaires Pledge $1 Billion for AI Project
The charitable foundations of Bill Gates and four other billionaires have pledged over $1 billion to fund NextLadder Ventures. This is a new philanthropic initiative that is focused on improving economic mobility through the use of artificial intelligence (AI). This commitment is set to further impact the net worth of the Microsoft co-founder, who recently lost his spot in the top 10 rankings of the Bloomberg Billionaire Index. Apart from Gates ($116.9 billion net worth), the billionaires that are involved in this initiative include Koch Inc chairman and co-CEO Charles Koch ($67.5 billion), Microsoft's former CEO Steve Ballmer ($142.5 billion), Intuit founder Scott Cook ($7.7 billion), and hedge fund investor John Overdeck ($7.4 billion). NextLadder Ventures will partner with Google and Amazon-backed AI startup Anthropic and support organizations using AI and other emerging technologies to enhance the financial prospects of low-income Americans. Three of these philanthropists, Gates (No. 2), Ballmer (No. 8), and Koch (No. 25), are already ranked among America's top 25 philanthropists by Forbes. Gates, along with his former wife, Melinda French Gates, has previously contributed an estimated $47.7 billion, primarily through the Gates Foundation, for health and poverty alleviation efforts. In 2024, the Gates Foundation reportedly made nearly $200 million in grants through its US Economic Mobility & Opportunity and Women's Economic Empowerment programs.
Bill Gates is out of the top 10 richest list
This announcement comes after Gates fell out of the top ten on the Bloomberg Billionaires Index after a recent recalculation that accounts for his significant charitable donations. His estimated net worth dropped by about $52 billion, which is roughly 30%, bringing it down from over $175 billion to $123 billion. As a result, Gates slipped from fifth to twelfth place. His former assistant and Microsoft CEO successor, Steve Ballmer, has now overtaken him with a net worth of $172 billion, claiming the fifth spot. Gates is currently behind several other tech leaders, including Alphabet co-founders Larry Page and Sergey Brin, Nvidia CEO Jensen Huang, and his longtime friend Warren Buffett. Bloomberg noted that the update adjusts asset appreciation assumptions to better reflect Gates' philanthropic contributions and aligns with the wealth figure he shared in a blog post this May.
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Uttarkashi Cloudburst Horror: Flash Floods Sweep Away Village, People Seen Running For Their Lives
DEHRADUN: A man narrowly escaped death after the flash flood swept through Dharali village in Uttarkashi on Tuesday, triggering a massive pile of debris. He was seen crawling out from the rubble, covered in mud and visibly injured, moments after the deadly waters destroyed homes, shops, and roads in seconds. The man's identity and his current condition remained unknown as of Tuesday evening, but widely circulated videos have already hailed him as a hero. Officials have not yet confirmed whether he was later taken to hospital or rescued by disaster response teams.
Can Vijay be the Next MGR in Tamil Nadu Elections?
A huge poster of actor Vijay stares down from the wall. A digital signboard flashes: 285 days, 3 hours, 43 minutes and 46 seconds, a countdown to the 2026 assembly election in Tamil Nadu. Scores of people sit glued to screens, fingers flying over keyboards, some others are on mobile phones trying to reach voters in remote hamlets. The Tamizhaga Vettri Kazhagam (TVK) war room in Chennai is fully activated.
Man Loses Leg in 'Phatka Gang' Attack on Moving Train in Kalyan
KALYAN: A 22-year-old farmer from Nashik suffered a partial amputation of his left leg after being hit by the notorious 'Phatka gang' near Kalyan. The incident occurred on Sunday morning while Gaurav Nikam was travelling on the Tapovan Express from Thane to Nashik. According to Kalyan GRP, the incident happened between Shahad and Ambivli railway stations when the train slowed down near Irani Pada. Nikam was on a phone call near the train door when a minor boy from outside struck his hand with a
Allegations of Fraudulent Surrogacy Practices Surface at Hyderabad Fertility Clinic
HYDERABAD: Gopalapuram police have registered five new cases against the head of Srushti Fertility Clinic Dr Athaluri Namratha alias Pachipala Namratha, and others based on complaints lodged by five sets of victims. While in one case a couple alleged that the doctor handed them a baby whose DNA did not match theirs, three other couples accused the clinic of adopting dubious methods. They claimed that they had already paid the money â anywhere from Rs 12.5 lakh to Rs 19 lakh â and even deposited their biological samples when they grew suspicious about the operations of Dr Namratha and her clinic. The frauds occurred between 2019 and 2025. Cops are yet to ascertain details of the fifth case.
Uttarkashi Cloudburst Horror: Flash Floods Sweep Away Village, People Seen Running For Their Lives
DEHRADUN: A man narrowly escaped death after the flash flood swept through Dharali village in Uttarkashi on Tuesday, triggering a massive pile of debris. He was seen crawling out from the rubble, covered in mud and visibly injured, moments after the deadly waters destroyed homes, shops, and roads in seconds. The man's identity and his current condition remained unknown as of Tuesday evening, but widely circulated videos have already hailed him as a hero. Officials have not yet confirmed whether he was later taken to hospital or rescued by disaster response teams.
Can Vijay be the Next MGR in Tamil Nadu Elections?
A huge poster of actor Vijay stares down from the wall. A digital signboard flashes: 285 days, 3 hours, 43 minutes and 46 seconds, a countdown to the 2026 assembly election in Tamil Nadu. Scores of people sit glued to screens, fingers flying over keyboards, some others are on mobile phones trying to reach voters in remote hamlets. The Tamizhaga Vettri Kazhagam (TVK) war room in Chennai is fully activated.
Man Loses Leg in 'Phatka Gang' Attack on Moving Train in Kalyan
KALYAN: A 22-year-old farmer from Nashik suffered a partial amputation of his left leg after being hit by the notorious 'Phatka gang' near Kalyan. The incident occurred on Sunday morning while Gaurav Nikam was travelling on the Tapovan Express from Thane to Nashik. According to Kalyan GRP, the incident happened between Shahad and Ambivli railway stations when the train slowed down near Irani Pada. Nikam was on a phone call near the train door when a minor boy from outside struck his hand with a
Allegations of Fraudulent Surrogacy Practices Surface at Hyderabad Fertility Clinic
HYDERABAD: Gopalapuram police have registered five new cases against the head of Srushti Fertility Clinic Dr Athaluri Namratha alias Pachipala Namratha, and others based on complaints lodged by five sets of victims. While in one case a couple alleged that the doctor handed them a baby whose DNA did not match theirs, three other couples accused the clinic of adopting dubious methods. They claimed that they had already paid the money â anywhere from Rs 12.5 lakh to Rs 19 lakh â and even deposited their biological samples when they grew suspicious about the operations of Dr Namratha and her clinic. The frauds occurred between 2019 and 2025. Cops are yet to ascertain details of the fifth case.
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Unlocking Wordle: Hints and Answers for Today's Puzzle
Wordle is a popular word puzzle game challenging players to guess a five-letter word within six attempts. Created by Josh Wardle, this simple yet addictive game has captured worldwide attention with its straightforward rules and daily challenges. Each guess offers feedback with colored tiles: green for correct letter in the correct spot, yellow for correct letter in the wrong spot, and gray for letters not in the word. Wordle's blend of logic and vocabulary makes it a beloved daily brain teaser for millions globally. Its minimalist design and once-a-day gameplay contribute to its viral appeal. Additionally, it encourages friendly competition as players often share results on social media without revealing the answer.
The Impact of Artificial Intelligence on Future Job Market
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5 Simple Ways to Detect Spy App on Your Smartphone
In a recent ruling in a Divorce case, the Madhya Pradesh High Court held that a wife's private WhatsApp chat can be allowed to be presented as evidence under Section 14 of the Family Court Act, 1984 even if they are obtained without her permission. In this case, the husband accessed his wife's private WhatsApp chat via a special app installed on her phone (likely a spy app) without her knowledge and found out that she was having an extra-marital affair. His lawyers decided to present this as evidence in the court and seek divorce on the grounds of cruelty and adultery. The wife's lawyers challenged this move and did not want her WhatsApp chats to be presented to the court, arguing that this action by the husband violated her right to privacy under Article 21 of Constitution of India and Sections 43, 66 and 72 of the Information Technology Act. The Madhya Pradesh High Court rejected this argument and said that even though the right to privacy has been recognized as a fundamental right, the same is not absolute and is subject to exceptions and limitations.
Microsoft Considers Stricter 'Return To Office' Policy
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How to Install iOS 26 Public Beta on Your iPhone
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Changes in Tatkal Ticket Booking: Aadhaar Mandatory for IRCTC
In a significant policy change aimed at enhancing transparency, rooting out fraud, and providing equitable access to emergency train travel, the Ministry of Railways has made comprehensive changes in the Tatkal ticket reservation system effective from July 1, 2025. According to the new guidelines, only users who have registered their Aadhaar number with their IRCTC account will be eligible to reserve Tatkal tickets online, ushering in a new era of digitally verified travel in India.
Bill Gates Warns Gen Z: AI Impacting Entry-Level Jobs
As artificial intelligence rapidly reshapes the workforce, Microsoft co-founder Bill Gates has issued a stark warning to Generation Z: simply learning to use AI tools won't be enough to secure a stable job. While Gates believes smart systems are "fun and empowering," he cautions that their growing presence is already causing serious disruptions in the entry-level job market. Despite the hype surrounding AI literacy, recent graduates are still struggling to find work in a competitive and shrinking employment landscape.
NYT Strands: A Look at the Latest Puzzle Game
NYT Strands hints, spangram, answers
NYT Strands
August 6, 2025: The New York Times published its inaugural crossword puzzle on February 15, 1942, in the Sunday Magazine. Created by Charles Erlenkotter and edited by Margaret Farrar, it was the first major newspaper to feature a crossword puzzle. Over the years, the NYT has introduced several beloved games, including the Mini Crossword in 2014, followed by Spelling Bee, Letter Boxed, and Tiles. In 2022, the NYT launched the wildly popular