Latest in SoftBank backed TravelPerk doubles valuation to $2.7 billion, plans fintech push
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SoftBank in Talks to Invest Up to $25 Billion in OpenAI
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.The New York Times - 1h -
SoftBank in talks to invest up to $25 billion in OpenAI
SoftBank is in talks to invest up to $25 billion in OpenAI, which would make it the company's biggest backer, CNBC has confirmed.CNBC - 16h -
Meta to Increase Spending to $65 Billion This Year in A.I. Push
Much of the capital investment, a big jump from 2024, will fund expansion of Meta’s data centers, which provide the computing power needed by A.I. products and algorithms.The New York Times - 2d -
SoftBank in Talks to Invest Up to $25 Billion in OpenAI
A new investment from the Japanese conglomerate would be separate from the $100 billion tied to a project announced at the White House last week.The New York Times - 1h -
Scholz’s rival pushes tough migration plans, faces blowback
Chancellor Olaf Scholz’s main challenger in Germany’s upcoming election plans to put proposals for a tougher migration policy to parliamentABC News - 1d -
SoftBank-backed TravelPerk doubles valuation to $2.7 billion, plans fintech push
Corporate travel platform TravelPerk raised $200 million from investors including Atomico and EQT in a funding round valuing the startup at $2.7 billion.CNBC - 2d -
Bessent pushes gradual 2.5% universal US tariffs plan
Trump’s Treasury secretary wants levies to rise month by month in order to give businesses time to adjustFinancial Times - 2d -
This man wiped $600 billion off Nvidia’s valuation by marrying quant trading with AI
DeepSeek was created by a top Chinese quantitative trading firm. It’s not unusual for Wall Street quant luminaries to try their hand at tech.MarketWatch - 2d -
Honduras Says Trump’s Deportation Plan Could Push It Closer to China
Many Latin American countries are trying to distance themselves from Beijing. But in response to President Trump’s sweeping deportation plans, Honduras is doing the opposite.The New York Times - 5d -
Brussels pushes ‘buy European’ procurement plan
Leaked policy proposal would give government option to exclude foreign companies from public contractsFinancial Times - 6d -
Hegseth attorney pushes back against latest accuser
The attorney for Defense Secretary nominee Pete Hegseth pushed back on the latest claims against President Trump's pick to lead the Pentagon in a letter sent to the chair of the Senate Armed ...The Hill - Jan. 23 -
Oracle Shares Surge as Trump Reveals $500 Billion AI Plan
Oracle saw massive growth today.Inc. - Jan. 22 -
Spain's Prime Minister Pushes for EU Plan to Rein In Social Media
Pedro Sanchez said the EU should put an end to anonymity of users in social-media platforms and hold their CEOs personally accountable if they fail to comply with regulations.The Wall Street Journal - Jan. 22 -
SoftBank and OpenAI back sweeping AI infrastructure project in US
Donald Trump calls $100bn initiative a ‘declaration of confidence in America’Financial Times - Jan. 22 -
Trump announces AI infrastructure investment backed by Oracle, OpenAI and Softbank
President Donald Trump announced a venture with OpenAI, Oracle and Softbank to invest billions of dollars in U.S. AI infrastructure.CNBC - Jan. 22 -
Trump Announces $100 Billion Stargate A.I. Initiative With OpenAI, Oracle and SoftBank
OpenAI, Oracle and SoftBank formed a new joint venture called Stargate to invest in data centers, building on major U.S. investments in the technology.The New York Times - Jan. 21 -
Wednesday Briefing: Trump Opponents Push Back
Plus, an interview with the Nobel laureate Han Kang.The New York Times - Jan. 21 -
Trump to announce AI infrastructure investment backed by Oracle, OpenAI and Softbank
President Donald Trump will announce a joint venture Tuesday with OpenAI, Oracle and Softbank to invest billions of dollars in AI infrastructure in the United States.NBC News - Jan. 21 -
Reeves backs plans for looser limits on mortgage lending
UK chancellor favours proposals by financial regulator for banks to take more risks to boost home ownershipFinancial Times - Jan. 20 -
A.I. Military Start-Up Anduril Plans $1 Billion Factory in Ohio
The company said its Columbus plant could eventually produce tens of thousands of autonomous systems and weapons each year.The New York Times - Jan. 16 -
SpaceX pushes Starship test flight back one day due to weather
If the weather cooperates, the Starship launch will follow the maiden flight of Jeff Bezos' already weather-delayed New Glenn rocket.CBS News - Jan. 15 -
Apple pushes back on call to end diversity programme
The tech giant has asked investors to reject a proposal from a conservative group to end its DEI policies.BBC News - Jan. 13 -
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Fox Must Face Smartmatic’s $2.7 Billion Defamation Lawsuit, Court Rules
The complaint, which arose out of Fox News’s promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.The New York Times - Jan. 9 -
Trump pushes back Ukraine war deadline in sign of support for Kyiv
US president-elect speaks of six months to end conflict, after pledging to solve it in ‘24 hours’ from taking officeFinancial Times - Jan. 9 -
Santos’s sentencing pushed back until April
Former Rep. George Santos's (R-N.Y.) sentencing is delayed until April, a judge ruled Wednesday. Santos, who was ousted from Congress in late 2023, had his request to delay sentencing in part ...The Hill - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Europe pushes back against Trump over Greenland military threat
European leaders expressed their confusion and pushed back Wednesday against President-elect Donald Trump's refusal to rule out using military force to take over Greenland.NBC News - Jan. 8 -
UK delays gene editing plans in push for Brexit reset
Brussels warns that current British plans not compatible with agreement to cut border checksFinancial Times - Jan. 8 -
Anthropic’s $60 billion valuation would obscure a stark reality in AI
Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...MarketWatch - Jan. 8 -
Gronk, Drew Brees push back on concern about Patriots hiring Vrabel
Rob Gronkowski and Drew Brees explain why they'd have no issue with the Patriots hiring Mike Vrabel despite his defensive background.Yahoo Sports - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India
The company plans to grow the company’s Azure cloud business in India and set up new data centers.The Wall Street Journal - Jan. 7 -
Amazon’s satellite project pushes ahead with UK broadband plans
Filings show Kuiper initiative held meetings with MoD as tech group bids to rival StarlinkFinancial Times - Jan. 5 -
U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel
The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.The Wall Street Journal - Jan. 4 -
Congress notified of planned $8 billion weapons sale to Israel
President Biden has made it clear that Israel has the right to defend its citizens as the American ally presses forward with its war against Hamas in Gaza.CBS News - Jan. 4 -
Biden administration plans $8 billion weapons sale to Israel
State Department tells Congress of a planned $8 billion weapons sale to Israel.ABC News - Jan. 4 -
State Dept. Tells Congress It Plans to Send $8 Billion in Arms to Israel
The arms transfer could be the final one the Biden administration provides to Israel. President Biden has largely ignored critics of Israel’s war in Gaza who have urged a halt to weapons aid.The New York Times - Jan. 4
