Latest in OpenAI funding round could be cut by $10B if for profit conversion doesn't occur by year end
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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 - 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 - 4d -
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. - 5d -
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 - 3d -
OpenAI secures $300bn valuation after $40bn SoftBank-led funding round
Newest financing comes as ChatGPT maker seeks to become conventional for-profit companyFinancial Times - 3d -
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 - 2d -
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 - 3d -
Women's team sale pads £128.4m Chelsea profit
Chelsea recorded a pre-tax profit before taxation of 128.4 million pounds ($165.83 million) for the year ending in June despite a fall in revenue thanks to the repositioning of their women's team, ...ESPN - 3d -
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 - 2d -
Chelsea report £128m profit after selling women's team
Chelsea report a £128.4m profit in their latest financial results for the year ending June 2024, having sold their women's team to a parent company.BBC News - 4d -
Meet the 23-Year-Old Student Who Raised $25 Million in Democratic Losses
A law student in Florida has a lucrative side gig: fund-raising consultant. His firm earns a 25 percent cut of “profit” from donations, and critics have begun to pile up after two special elections.The New York Times - 5h -
$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 - 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 - 4d -
DOGE checks? Elon Musk claims 'progress' has been made, but says it isn't his decision
Waiting for a stimulus check funded by the cuts DOGE says it's making? It could be a while.The Hill - 3d -
China’s WeRide warns driverless tech profitability ‘difficult to predict’
Nasdaq-listed autonomous vehicle company says government regulation and local partners are key to ending years of lossesFinancial Times - 4d -
Trump administration ramps up threat to cut school funding over DEI
The Trump administration threatened to cut school funding if states don’t certify that they do not have unlawful diversity, equity and inclusion practices.NBC News - 21h -
Plaid raises funding at $6 billion valuation, enabling some employees to cash out
Plaid announced a new funding round that values the fintech company at less than half of its peak price tag four years ago.CNBC - 1d -
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 - 3d -
Radio Free Europe sues over U.S. funding cuts | 60 Minutes
Radio Free Europe, which has been a vital tool in the fight against disinformation and authoritarianism, filed a lawsuit after President Trump moved to cut funding to U.S. government-run broadcasters.CBS News - 4d -
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 - 2d -
Chelsea report £128.4m profit after selling women’s side to themselves
Club turn last year’s pre-tax loss into pre-tax profit Move scrutinised over rules around fair market value Chelsea appear to have complied with the Premier League’s profitability and ...The Guardian - 4d -
Trump administration cutting some funds to Planned Parenthood
The Trump administration will withhold some federal funding from Planned Parenthood beginning Tuesday, potentially making it harder for Americans to access birth control, cancer screenings, and ...The Hill - 3d -
Jaguars and Travon Walker having 'open conversations' about extension, says Liam Coen
The Jacksonville Jaguars and defensive end Travon Walker are having "open conversations" about a contract extension.Yahoo Sports - 3d -
US health secretary and agency sued by 23 states and DC over $11bn funding cut
Lawsuit alleges department’s ending of wide array of grants is ‘unlawful’ and poses ‘serious harm to public health’. Twenty-three states and the District of Columbia are suing the US Department of ...The Guardian - 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 - 3d -
Supreme Court weighs whether states can cut off Medicaid funding to Planned Parenthood
The Supreme Court will hear arguments in a South Carolina case over whether states can cut off Medicaid funding to Planned ParenthoodABC News - 3d -
Trump's tariffs could mean big business for supply chain software startup LightSource
LightSource, a supply chain software startup, has raised $33 million in a funding round led by Bain Capital and Lightspeed.CNBC - 3d -
Should female footballers play on different pitches?
A number of high-profile injuries have occurred in women's football in recent years. BBC Sport looks at whether the type of pitches they play on could be a contributing factor.BBC News - 14h -
Should female footballers play on different pitches?
A number of high-profile injuries have occurred in women's football in recent years. BBC Sport looks at whether the type of pitches they play on could be a contributing factor.Yahoo Sports - 14h -
Traders betting Fed will cut rates at least 4 times this year to bail out economy
Data from the CME Group on Friday showed raised odds the federal funds rate will fall to 3.00% to 3.25%, down from 4.25% to 4.50% where it is currently.CNBC - 7h -
Cowboys seven-round 2025 NFL mock draft: Dallas ends up with new WR2 and backup QB, Day 3 RB
A potential approach the Cowboys could use for their 10 picksCBS Sports - 2d -
Federal Judge Orders Legal Funds for Solo Migrant Children to Be Restored
The order for the funds’ temporary restoration came after nonprofit groups challenged the government’s decision to cut funding for legal services for unaccompanied children arriving in the United ...The New York Times - 2d -
Trump Science Funding Cuts May Hurt Economy, Experts Say
Since World War II, U.S. research funding has led to discoveries that fueled economic gains. Now cutbacks are seen as putting that legacy in jeopardy.The New York Times - 4d -
Cutting Off NPR and PBS
Republicans say there is no reason for the government to fund the public broadcasters.The New York Times - 3d -
Judge temporarily restores funding for legal aid for migrant children
A judge has temporarily blocked the Trump administration from cutting funding to the program that provides legal representation to unaccompanied migrant children.ABC News - 2d -
Norway urged to scrap ban on $1.8 trillion wealth fund investing in weapons makers
The debate over how Norway's wealth fund should respond to the security landscape comes at a time of higher defense spending and soaring industry profits.CNBC - 2d -
NFL insider hints at Eagles parting ways with Dallas Goedert if he doesn't take pay cut
Tim McManus of ESPN says that outside of him taking a pay cut, it's hard to envision Dallas Goedert returning to Philadelphia in 2025Yahoo Sports - 2h -
Lando Norris v Oscar Piastri another McLaren battle royal that could end in tears
Helmut Marko has done a lot of talking in the last week. Red Bull’s octogenarian motorsport adviser has been busy doing the rounds, on the radio and in the papers, defending the team’s decision to ...Yahoo Sports - 1d -
Chelsea find loophole to report pre-tax profit and rival fans will be angry – but it’s all within the rules
Chelsea’s owners have found a loophole and have been able to report a pre-tax profit in their finances this year, which will anger many.But by doing this, they will comply with PSR rules and also ...Yahoo Sports - 3d
