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A sign of the World Economic Forum (WEF) is seen on the top of the Congress Centre that hosts the WEF annual meeting in the Alpine resort of Davos on its opening day in Davos on January 19, 2026.
It's Day Two of Davos.

It's Business Insider's second day at Davos, and it's a busy one.

Today, we'll cover speeches from power players like Microsoft CEO Satya Nadella, BlackRock CEO Larry Fink, Palantir CEO Alex Karp, and Salesforce CEO Marc Benioff.

Follow along here for updates on what people are saying.

Davos kicked off on Monday with a warning from Larry

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Fashion desgner Valentino (C) pose backstage with models Naja Auermann (2L), Claudia Schiffer 3rd R), Karen Mulder (2nd R) and Stephanie Seymour (R) during the Valentino Ready to Wear Spring/Summer 1995.
Italian fashion designer Valentino Garavani has died at age 93.
  • Italian fashion designer Valentino Garavani has died at 93 in Rome.
  • He launched the Valentino fashion house in 1960 and soon became a key figure in the fashion world.
  • Here's a look at how women across fashion and Hollywood paid tribute to him.

Italian fashion designer Valentino Garavani


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Vinod Khosla
Vinod Khosla says stock prices aren't the way to evaluate AI bubbles.
  • Vinod Khosla said he measures AI industry health by API calls, not stock prices or Wall Street trends.
  • Debate over an AI bubble grows as investment surges and leaders like Bill Gates and Michael Burry weigh in.
  • Nvidia CEO Jensen Huang argues AI is driving a major shift in computing, not



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Sarah Friar
OpenAI's Sarah Friar floated "licensing models" as a new revenue path as the company seeks to make more money amid massive compute costs.
  • OpenAI's finance chief just put "licensing models" on the table.
  • She said the company could take a share of downstream sales if a customer's product takes off.
  • Her comments come as OpenAI prepares to test ads to help fund



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Alexis Ohanian attends the Fortune Global Forum Riyadh 2025 on October 27, 2025 in Riyadh, Saudi Arabia. (
Alexis Ohanian said he doesn't miss Reddit.
  • Reddit's cofounder, Alexis Ohanian, said he does not miss being in leadership at the company.
  • He conducted an "Ask Me Anything" on Reddit, where a user asked him whether he missed the platform.
  • Ohanian is partnering with entrepreneur Kevin Rose to relaunch Reddit's old rival, Digg.

Reddit's cofounder doesn't miss


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A 3D sketch of the Geran-5 can be seen on a plain background.
GUR has uploaded a model of the Geran-5 and its foreign parts. The drone's warhead is shown mounted near the aircraft's nose.
  • Ukraine says it's found at least nine American parts in Russia's new Geran-5 attack drone.
  • GUR listed over a dozen foreign components, including some from China and Germany, found in the drone.
  • It was found in

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Sam Altman standing on stage at DevDay, wearing a blue shirt and jeans.
Sam Altman
  • Advertising could be a $25 billion business for OpenAI by 2030, Evercore ISI's Mark Mahaney wrote.
  • OpenAI said Friday that it will start testing ads for some ChatGPT users.
  • A big ads business at OpenAI could present a challenge to Google's search business.

Advertising could become a $25 billion business for OpenAI — and pose a threat to Google


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Portrait of a woman smiling t the camera.
Sally Tian spent years moving between cultures. In 2025, she decided to move back to China to start a search fund.
  • Sally Tian grew up between China and Canada, living and working in both countries at different points in her life.
  • After grad school, she decided against corporate life and moved to China to pursue a search fund.
  • She says returning to China reshaped her identity, work goals



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Gina Jaguttis
Gina Jaguttis came to Bali to improve her surfing and left with a newly launched side hustle.
  • Gina Jaguttis launched a slow fashion workwear brand after being inspired at a surf camp.
  • Her business idea came from personal struggles finding quality professional clothing.
  • She said she realized that if the business fails, it would at least make a good story.

On a Monday morning in early


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Au Hui Her and Liu Yi Wen run The Weirdoughs, a bakery in Singapore.
Au Hui Her and Liu Yi Wen run The Weirdoughs, a bakery in Singapore.
  • Au Hui Har and Liu Yi Wen opened a cozy neighborhood bakery in Singapore this year.
  • Before becoming business owners, they worked in the fine dining and pharmaceutical industries.
  • Running a bakery means rising well before the sun and baking hundreds of loaves daily.

Ten minutes before The Weirdoughs opened its doors on a


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