This Billionaire’s AI Was Supposed To Speed Up Policing. It’s Not Going Well.

The top 20 owners on The Forbes 400 are worth $607 billion, up 20% from 2024. And with the cutoff rising to $10.1 billion, the club is more exclusive than ever. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

San Mateo County pumped $12 million into a grand AI surveillance system made by billionaire Tom Siebel’s C3 AI that was supposed to level up its police work. Three years into the project, cops say they still haven’t seen the benefits. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

The company says the spectrum it’s buying will let it beam full 5G service from space to cell phones. But that depends on it launching bigger, more powerful satellites with a rocket that is still in development. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Patrick Mahomes can add a crown to his collection of Super Bowl rings, as the leader of ten football stars hauling in an estimated $571 million combined this year. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

It’s the fourth consecutive year at the top of The Forbes 400 for the wealthiest billionaire in the U.S.—and the world. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Inside Forbes’ ranking of the richest billionaires in the United States. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Donald Trump lost money during his first term. Out of office, he found a formula for profiting off politics—now he’s piling up billions. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Mercor, debuting on the Forbes Cloud 100 list, built an AI recruiter to interview job candidates. Along the way, it discovered a more immediate cash cow: finding humans to train AI models. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Dick Portillo opened a hot dog stand in Chicago with $1,100 and built it into a billion-dollar regional chain, Portillo’s. After cashing out in 2014, he bought back some stores and built a new real estate and restaurant empire—now, he sits back and collects the rent. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

With more than 80,000 AI-powered cameras across the U.S., Flock Safety has become one of cops’ go-to surveillance tools and a $7.5 billion business. Now CEO Garrett Langley has both police tech giant Axon and Chinese drone maker DJI in his sights on the way to his noble (if Sisyphean) goal: Preventing all crime in the U.S. See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.