The request, which the White House has not yet submitted to Congress, is already encountering some…
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Jeff Bezos in Talks to Raise $100 Billion Fund to Transform Companies With A.I.
The new fund would operate alongside the Amazon founder’s A.I. start-up, Project Prometheus. Source link
Continue ReadingTikTok Investors Set to Pay $10 Billion Fee to Trump Administration
The large fee is the latest example of the White House’s inserting itself into corporate deal…
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First 6 days of Iran war cost $11.3 billion, Pentagon tells Congress
WASHINGTON — Defense Department officials told senators in a closed-door briefing Tuesday that they estimate the…
Continue ReadingNvidia’s Quarterly Profit Hits $43 Billion on Strong A.I. Chips Sales
Total profit for the fiscal year was $120 billion, the company said. Three years ago, it…
Continue ReadingWayve, an A.I. Driverless Car Start-Up in Europe, Raises $1.2 Billion
The London-based company is building a system that uses artificial intelligence to power autonomous vehicles. Source…
Continue ReadingD.O.J. Sues U.C.L.A. After It Refused to Pay $1 Billion Fine
The Trump administration accused the university’s Los Angeles campus of not doing enough to curb antisemitism,…
Continue ReadingPentagon Races to Spend $153 Billion in Added Funds for Military
The Trump administration for months ignored Congress’s demand for a plan on how the Defense Department…
Continue ReadingElon Musk’s xAI Gets $3 Billion Investment From Saudi-Backed A.I. Firm
Humain, which was created by Crown Prince Mohammed bin Salman last year, said it made the…
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