Gen Z is investing in their retirement, but anxiety— not prudent financial planning — is often the motivator.
The big picture: Young workers have started their careers facing an unwelcoming job market, a student loan debt crisis, rising housing costs, and threats to Social Security. They're also tasked with securing a future that feels increasingly far away.
Shareholders in Groq, a hot AI chipmaking startup, will receive handsome payouts from the company's $20 billion deal with Nvidia, even though no equity is changing hands, Axios has learned from sources close to the deal.
Why it matters: Social media has been full of questions about what the unusual arrangement means for Groq employees — both those heading to Nvidia and those staying put.
