Latest in Anthropic raises $3.5 billion, reaching $61.5 billion valuation as AI investment frenzy continues
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Alibaba’s stock falls on expensive AI-investment pledge
The online retailer plans to spend $53 billion over the next three years on AI and cloud technology.MarketWatch - Feb. 24 -
OpenInfer raises $8M for AI inference at the edge
OpenInfer has raised $8 million in funding to redefine AI inference for edge applications. It’s the brain child of Behnam Bastani and Reza Nourai, who spent nearly a decade of building and scaling ...VentureBeat - Feb. 20 -
Chinese investment surge into Vietnam raises risk of Trump retaliation
Shifts to avoid trade war have increased Hanoi’s vulnerability as surplus with US has grownFinancial Times - Feb. 25 -
NIH Research Grants Lag Behind Last Year’s by $1 Billion
After weeks of disruption to scientific federal grants, the National Institutes of Health has fallen behind in funding research into treatments for deadly diseases.The New York Times - Feb. 18 -
UnitedHealth Medicare Advantage bombshell exposes $83 billion in government waste
Will Musk and Trump dare to take it on?MarketWatch - Feb. 21 -
$1.4 Billion Stolen From ByBit in Biggest Crypto Theft Ever
Plus: Apple turns off end-to-end encrypted iCloud backups in the UK after pressure to install a backdoor, and two spyware apps expose victim data—and the identities of people who installed the apps.Wired - Feb. 22 -
California governor asks Congress for nearly $40 billion for LA wildfire relief
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfiresABC News - Feb. 22 -
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MicroStrategy now owns $47.4 billion worth of bitcoin after latest purchases
Last week, the company disclosed that it was more than doubling its bitcoin holdings last year while reducing its workforceMarketWatch - Feb. 25 -
North Korean hackers behind $1.5 billion crypto hack: Security firm
North Korean hackers were behind a sophisticated hack that stole about $1.5 billion worth of digital currency from Bybit, a major cryptocurrency exchange, according to security firm TRM. “TRM has ...The Hill - Feb. 25 -
Bad DOGE: Firing IRS workers will fuel tax cheating and cost billions
Cutting IRS jobs may sound appealing to some, but the long-term consequences could be disastrous.The Hill - 6d -
Trump administration frees up billions in federal aid for Pennsylvania: Shapiro
Pennsylvania Gov. Josh Shapiro (D) said the Trump administration has agreed to unfreeze more than $2 billion in state funding he claimed was unlawfully withheld, in part citing his recent lawsuit ...The Hill - 6d -
Here’s why more than $1 billion in sales was not enough for Grocery Outlet
Grocery Outlet Holding Co.’s sales topped $1 billion in the fourth quarter, slightly above Wall Street expectations, but weaker quarterly profits and 2025 guidance dragged the stock down more than ...MarketWatch - 6d -
North Korea’s $1.5 billion crypto hack exposes bitcoin’s weakness
Crypto’s vulnerability to theft will keep bitcoin from widespread useMarketWatch - 5d -
North Korea was responsible for $1.5 billion ByBit hack, FBI says
The FBI said on Wednesday that North Korea was responsible for the theft of approximately $1.5 billion in virtual assets from cryptocurrency exchange ByBit.NBC News - 5d -
FBI accuses North Korean-backed hackers of stealing $1.5 billion in crypto
The FBI has accused North Korean-linked hackers of conducting one of the largest known thefts of cryptocurrency — worth some $1.5 billion from a Dubai-based firmABC News - 5d -
Trump administration says it's cutting $60 billion in USAID foreign aid contracts
The Trump administration said it is eliminating more than 90% of the U.S.NBC News - 4d -
Trump’s Tariff Threats Revive Interest in $44 Billion Alaska L.N.G. Project
As the president pressures countries to buy more American energy, Asian officials and investors are reconsidering a hugely expensive plan stalled for decades.The New York Times - 4d -
Trump cuts nearly $60 billion in foreign aid grants and contracts
For 60 years, the United States has believed that foreign aid in the form of international grants to provide food, medical care and other humanitarian aid would stabilize the chaotic world. In a ...CBS News - 4d -
Microsoft pulling the plug on Skype after buying it for $8.5 billion
Microsoft will soon switch off Skype, a pioneering telecom and video call platform that emerged from the rubble of the dotcom era.CBS News - 3d -
Trump administration approves nearly $3 billion arms sale to Israel
The arms sale approval comes as the first phase of the ceasefire between Israel and Hamas is set to expire on Saturday.CBS News - 3d -
Trump administration approves nearly $3 billion arms sale to Israel
The Trump administration approved a nearly $3 billion arms sale to Israel on Friday, bypassing the normal congressional review by declaring the war against Hamas an "emergency." The State ...NBC News - 2d -
Dead Athletes. Empty Stands. Billions to Keep Horse Racing Alive.
Let the sport of kings stand on its own.The New York Times - 1d -
Rubio Bypasses Congress to Send Israel $4 Billion in Arms
Secretary of State Marco Rubio’s emergency declaration calls for sending 2,000-pound bombs and other weapons to Israel as the war in Gaza continues.The New York Times - 17h -
Struggling With Errors, DOGE Deletes Billions More From List of Savings
For the second time in a week, Elon Musk’s government overhaul effort updated its “wall of receipts” to remove mistakes that inflated its success.The New York Times - 14h -
Walgreens’ breakup looms as $10 billion sale to go private is reportedly in the works
Drugstore chain Walgreens Boots Alliance Inc. is closing in on a roughly $10 billion deal to sell itself to Sycamore Partners, a private-equity firm, which would then take Walgreens private and ...MarketWatch - 6h -
Anthropic’s Claude 3.7 Sonnet takes aim at OpenAI and DeepSeek in AI’s next big battle
Anthropic launches Claude 3.7 Sonnet AI with groundbreaking 'thinking time' controls, challenging OpenAI and DeepSeek while reshaping enterprise AI with unified reasoning capabilities and new ...VentureBeat - Feb. 24 -
Anthropic says it's released its 'most intelligent' AI model yet as competition ramps up
Anthropic unveiled its latest frontier model, Claude Sonnet 3.7, on Monday and claims it's the company's "most intelligent" version yet.CNBC - Feb. 24 -
Amazon's most powerful new Alexa features being powered by Anthropic's AI, sources say
Anthropic's Claude large language model is powering the majority of complex tasks for Amazon's new Alexa+, sources tell CNBC.CNBC - 3d -
Crunchbase’s AI can predict startup success with 95% accuracy—will it change investing?
Crunchbase pivots to AI-powered predictions engine with 95% accuracy for startup funding rounds, abandoning historical data in favor of predictive intelligence that forecasts acquisitions and ...VentureBeat - Feb. 19 -
Alibaba shares jump 14% after pledge to invest ‘aggressively’ in AI
Chinese tech group says it will spend more on artificial intelligence in next three years than over past decadeFinancial Times - Feb. 21 -
Musubi, AI content moderation startup, raises $5 million in seed funding
Musubi, a startup that uses AI to moderate online content, raised $5 million in a seed round.CNBC - Feb. 21 -
Parents with these 2 toxic habits raise kids who are bad with money, says investment firm CEO
Spending money you don't have, and using cards too much, can give your kids financial anxiety as they grow up, says Ariel Investments co-CEO Mellody Hobson.CNBC - Feb. 23 -
GameStop CEO Ryan Cohen hikes his personal stake in Alibaba to $1 billion, WSJ says
Cohen's sizable stake in Alibaba is a bullish bet on China's economic growth in the long run, The Wall Street Journal said.CNBC - Feb. 20 -
Netflix Plans to Spend $1 Billion Making Content in Mexico Over the Next 4 Years
Netflix CEO Ted Sarandos says the money will go toward projects like Alfonso Cuarón’s film Roma, which was made in Mexico and went on to international acclaim.Wired - Feb. 20 -
Senate adopts $340 billion budget blueprint for Trump's agenda after marathon 'vote-a-rama'
The Republican-controlled Senate on Friday morning adopted a $340 billion budget blueprint designed to boost funding for President Donald Trump's immigration enforcement efforts, energy production ...NBC News - Feb. 21 -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
Aiding IMAX's lofty box office goals is the Chinese title "Ne Zha 2," which has already garnered $1.6 billion globally, including IMAX screenings.CNBC - Feb. 21 -
IMAX CEO expects $1.2 billion in box office receipts this year, the best in the company's history
An “embarrassment of riches” at the box office could fuel a $1.2 billion year for IMAX, CEO Rich Gelfond told CNBC on Friday.NBC News - Feb. 21 -
Crypto exchange Bybit suffers $1.4 billion hack. Here’s why it’s troubling for the industry.
The hack of Bybit is the latest incident in which the crypto industry has been targeted.MarketWatch - Feb. 21
