Latest in Billion Ev
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A.I. Military Start-Up Anduril Close to Deal That Would Value It at $28 Billion
The Southern California start-up, which builds flying drones and missiles, is set to raise up to $2.5 billion.The New York Times - 3h -
Democrats demand probe into Musk's alleged 'conflicts' over billions in fed contracts
House Judiciary Democrats sent a terse letter Friday to Attorney General Pam Bondi, expressing concerns that Elon Musk’s role at DOGE creates "conflicts of interest."ABC News - 3h -
Trump administration tells states to stop spending on EV charging infrastructure
The Federal Highway Administration directed states to stop spending money for EV charging infrastructure — funds that were allocated under former President Biden.CBS News - 5h -
Anduril in talks to raise money at $28 billion valuation as defense-tech booms
Anduril has signed a term sheet to raise up to $2.5 billion at a valuation of $28 billion, according to sources close to the company.CNBC - 6h -
OpenAI Close to Deal that Values Company at $300 Billion
The Japanese conglomerate SoftBank would invest up to $40 billion in the maker of the chatbot ChatGPT.The New York Times - 9h -
Bill Ackman reveals he's been building a more than $2 billion stake in Uber
The hedge fund manager said his fund began buying Uber shares in early January and has amassed 30.3 million shares, worth $2.3 billion.CNBC - 11h -
Softbank set to invest $40 billion in OpenAI at $260 billion valuation, sources say
Part of the funding is expected to be used for Stargate, the joint venture between SoftBank, OpenAI and Oracle announced by President Donald Trump.CNBC - 13h -
Elon Musk’s journey from climate champion to backing EV-bashing Trump
Musk believes Tesla’s rivals are more vulnerable to Trump’s moves against electric vehicles. Donald Trump ’s attempts to slash incentives for electric cars would cause sales of the vehicles to ...The Guardian - 17h -
LinkedIn Made $2 Billion in Subscriptions Last Year. How’s Hiring Going for You?
Something smells fishy.Inc. - 19h -
EV Sales Climb in Spite of Automaker Losses and Trump-Related Uncertainty
Ford’s EV unit lost billions of dollars, but at the same time, EV sales as a whole were up in the U.S. in 2024 compared to the year before.Inc. - 1d -
Japan's Toyota announces EV and battery push in China and U.S., as its quarterly profit surges
Toyota is developing and making electric vehicles and EV batteries in China under a new partnership with the Shanghai governmentABC News - 2d