Latest in OpenAI closes $40 billion funding round, largest private tech deal on record
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OpenAI closes $40 billion funding round, largest private tech deal on record
OpenAI on Monday announced the close of its $40 billion financing, the most money raised in a single round by a private tech company.CNBC - 1d -
OpenAI closes $40B funding round
OpenAI raised $40 billion from investors in its latest funding round, the ChatGPT maker announced Monday. The deal, which values the artificial intelligence (AI) company at $300 billion, was led ...The Hill - 1d -
An AI 'gold rush.' What to know about OpenAI's record $40-billion funding round
The latest $40-billion investment round will bring the ChatGPT's valuation to $300 billion.Los Angeles Times - 22h -
OpenAI funding round could be cut by $10B if for-profit conversion doesn't occur by year-end
OpenAI’s massive private funding round could be slashed by as much as $10 billion if the company doesn’t restructure into a for-profit entity by Dec.NBC News - 2d -
$40B into the furnace: As OpenAI adds a million users an hour, the race for enterprise AI dominance hits a new gear
In a move that surprised the tech industry Monday, OpenAI said it has secured a monumental $40 billion funding round led by SoftBank, catapulting its valuation to an unprecedented $300 billion -- ...VentureBeat - 2d -
To Secure $40 Billion, OpenAI Must Complete For-Profit Transition by End-Year
SoftBank can reduce funding to $20 billion if OpenAI fails to fully transition by the deadline.Inc. - 4d -
OpenAI funding round could be cut by $10 billion if for-profit conversion doesn't occur by year-end
If OpenAI doesn't restructure into an independent for-profit company by Dec. 31, its mega-financing round could be slashed by $10 billion.CNBC - 2d -
OpenAI Closes Deal That Values Company at $300 Billion
The start-up’s valuation, which has nearly doubled in six months, shows continued enthusiasm for A.I. among investors.The New York Times - 2d -
OpenAI backs deepfake cybersecurity startup Adaptive Security in new funding round
Artificial intelligence cybersecurity company Adaptive Security announced a $43 million funding round co-led by OpenAI.CNBC - 16h -
OpenAI secures $300bn valuation after $40bn SoftBank-led funding round
Newest financing comes as ChatGPT maker seeks to become conventional for-profit companyFinancial Times - 2d -
Pennsylvania's largest coal-fired power plant, now retired, to become gas-powered data center campus
What was once Pennsylvania’s biggest coal-fired power plant is being turned into a $10 billion natural gas-powered data center campus designed to capitalize on Big Tech's fast-growing energy demandsABC News - 17h -
OpenAI raises $40bn in deal with SoftBank that values it at $300bn
Japanese investor to put $10bn at first into OpenAI and $30bn more by end of 2025 if certain conditions are met. Business live – latest updates OpenAI has raised $40bn (£31bn) through ...The Guardian - 1d -
Singapore’s Temasek snaps up stake in Indian snack maker Haldiram’s
Bet on middle-class shoppers said to be largest private equity consumer deal in IndiaFinancial Times - 3d -
Google DeepMind’s drug discovery spin-off Isomorphic Labs raises $600mn
AI unit is boosted by first external funding round led by OpenAI-backer Thrive CapitalFinancial Times - 2d -
Trump Administration Will Review Billions in Funding for Harvard
The move follows the cancellation of roughly $400 million in funding for Columbia and the suspension of $175 million for the University of Pennsylvania.The New York Times - 1d -
Real Estate Fund Exceeds $2.5 Billion for Affordable Housing
The size of the fund, which is run by the Vistria Group, highlights how investors see an opportunity to address the nation’s housing crisis.The New York Times - 2d -
Ashton Hall’s Unconventional Morning Routine Has Drawn Nearly a Billion Views
Ashton Hall’s unconventional morning routine has drawn close to a billion views, and scores of copycat videos.The New York Times - Mar. 25 -
Elon Musk sells X to his own xAI for $33 billion in all-stock deal
Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on FridayABC News - 5d -
The NHL and Rogers agree on 12-year, $7.7 US billion media rights deal in Canada, AP source says
The NHL has reached an agreement with Rogers Communications on a 12-year, $7.7 US billion media rights agreement in Canada, according to a person familiar with the deal. The contract is the latest ...Yahoo Sports - 2d -
Dozens of free measles vaccine clinics close in Texas as federal funding is cut
As Texas measles outbreak continues, federal funding cuts have forced public health officials in Dallas to cancel dozens of vaccination clinics and lay off 21 workers.NBC News - 1d -
Barclays’ private credit partner struggles to raise new funds
Tie-up with AGL Credit Management launched last year with $1bn from Adia but has attracted little money sinceFinancial Times - 2d -
Under Trump, the SEC should open up private markets to retail investors
Regulated funds are the natural bridge to allow individuals greater accessFinancial Times - 2d -
Our annual mock draft with 32 first-round trades: Deals for Kirk Cousins, Micah Parsons
We proposed 32 trades to shake up Round 1, including deals that involve Cousins and Parsons.ESPN - 1d -
Federal funding cuts are raising questions about university endowments. Here's what some are worth and how they work
Columbia is one of the richest universities with a $14.8 billion endowment. Still, covering federal funding cuts isn't as simple as smashing a piggy bank.CNBC - 1d -
Greece vows to spend $27B on armed forces overhaul centered on high-tech warfare technology
Greece has announced a $27 billion defense overhaul focused on high-tech warfare, including AI-powered missile systems, drones, and next-generation military gearABC News - 14h -
Trump Media Moves to Register the President’s $2 Billion in Shares Again
President Trump’s shares of the company have been held in a trust since he won the election last year. The stock has plunged 40 percent this year.The New York Times - 14h -
Thames Water picks private equity firm as preferred buyer
The troubled water utility firm says KKR could complete the deal in the second half of this year.BBC News - 2d -
Report: Cowboys have offered Micah Parsons the largest non-QB deal in NFL history
The Cowboys have offered to make Micah Parsons the highest-paid non-quarterback in NFL history, Clarence Hill of All City DLLS reports.Yahoo Sports - 1d -
UK and Mauritius close in on deal over Chagos Islands after US signals its consent
Britain and Mauritius are finalizing a deal to transfer sovereignty over the Chagos Islands, a U.K. territory that is home to a major U.S. military baseABC News - 1d -
The 60/40 portfolio 'may no longer fully represent true diversification,' BlackRock CEO Larry Fink says
When it comes to investing, a 50/30/20 allocation to stocks, bonds and private assets may become the "future standard portfolio," BlackRock's Larry Fink says.CNBC - 17h -
Trump Administration Abruptly Cuts Billions From State Health Services
States have been told that they can no longer use grants that were funding infectious disease management and addiction services.The New York Times - Mar. 27 -
Thames Water selects KKR as preferred bidder
Private equity interest comes as UK’s largest water utility fights to avoid renationalisationFinancial Times - 3d -
Professors Pushed Harvard to Resist Trump. Now Billions Are on the Line.
Harvard, the wealthiest school in the world, sought compromise amid pressure to do more to combat antisemitism. The Trump administration is examining its funding anyway.The New York Times - 1d -
How far is Alex Ovechkin from breaking the NHL goals record with 7 games left this season?
How close is Alex Ovechkin to breaking Wayne Gretzky's NHL career goals record?Yahoo Sports - 7h -
2025 Augusta National Women's Amateur leaderboard: Megha Ganne shoots record-low round with 63 to open ANWA
Ganne set a tournament record edging the reigning champion, Lottie Woad, who sits just a couple shots off the leadCBS Sports - 10h -
UFC signs wide-ranging sponsorship deal with Meta, bringing Mark Zuckerberg closer to Dana White
Meta and mixed martial arts league UFC reached a multimillion-dollar, multiple-year sponsorship deal that will span the tech company's portfolio, UFC told CNBC.CNBC - 13h -
United Microelectronics shares close up 9% on report of potential GlobalFoundries deal
The combined entity would aim to secure American access to mature chips amid potential risks from China competition and tensions between China and Taiwan.CNBC - 2d