Latest in Billion Merger Plan
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Elon Musk-led investor group offers $97.4 billion for control of OpenAI
Billionaire Elon Musk is leading a group of investors in a $97.4 billion bid to take control of artificial intelligence pioneer OpenAI.CBS News - 2d -
Musk-Led Group Makes $97.4 Billion Bid for Control of OpenAI, WSJ Reports
In response to the news, OpenAI CEO Sam Altman wrote: ‘no thank you but we will buy twitter for $9.74 billion if you want’.Inc. - 2d -
Elon Musk and investors offering $97.4 billion for control of OpenAI, WSJ reports
Elon Musk is leading a group of investors in offering to buy control of OpenAI for $97.4 billion, The Wall Street Journal reported on Monday.NBC News - 2d -
Collins, Britt raise concerns about NIH move to slash billions in research costs
Two Republican senators, including a reliable ally of President Trump, have raised concerns about the National Institutes of Health's (NIH) decision to cut billions of dollars of “indirect” costs ...The Hill - 2d -
Eight years after selling AppDynamics to Cisco, Jyoti Bansal is pursuing an unusual merger
Jyoti Bansal, who sold AppDynamics to Cisco for $3.7 billion, is pulling together his two newest startups into one company.CNBC - 2d -
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These States Could Miss Out on $47 Billion in Energy Loans
Billions of dollars in loans are in limbo due to Trump’s freeze of clean energy funding, affecting businesses across the country.Inc. - 3d -
How far is Trump willing to go on Gaza plans?
President Trump is insisting on his Gaza plans and comparing them to a real estate development for the future. CBS News senior White House correspondent Weijia Jiang reports.CBS News - 3d -
Trump’s nitwitted Gaza plan
Let’s move the 2 million permanently out of Gaza. But where? And how? And who will take them? Unclear.The Hill - 3d -
France unveils 109-billion-euro AI investment as Europe looks to keep up with U.S.
Macron announced the mammoth investment sum ahead of France's AI Action Summit, where world leaders and tech bosses are gathering in Paris this week.CNBC - 3d -
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Trump Expects Musk to Find Billions in Pentagon Waste Next
The Pentagon’s budget is roughly $1 trillion per year.Inc. - 3d -
Macron unveils plans for €109bn of AI investment in France
French president speaks ahead of AI summit in Paris involving executives such as OpenAI’s Sam AltmanFinancial Times - 3d -
Trump predicts ‘billions’ of dollars of Pentagon fraud in Fox News interview
President targets education department and military in pre-Super Bowl chat and repeats wish for Canada to be 51st state. Super Bowl 2025 – live updates Donald Trump said that he expects Elon ...The Guardian - 3d -
Taylor Swift has made the NFL almost $1 billion since she started dating Travis Kelce
Going into the Super Bowl, the “Taylor Swift effect” on the NFL looks even stronger than it did at this time last year. Here’s why.MarketWatch - 4d -
Trump vows to cut billions of dollars from US defence spending
President says ‘fraud and abuse’ at Pentagon will be Elon Musk’s next targetFinancial Times - 4d -
Trump Plans to Send $8 Billion in Arms to Israel, Bypassing Some Lawmakers
President Biden announced the arms sales at the end of his administration, and President Trump is pushing it soon after his meeting with Prime Minister Benjamin Netanyahu of Israel.The New York Times - 4d -
Meta Plans Layoffs for Monday
Meta is planning to trim about 5 percent of its lowest performers.Inc. - 4d -
Musk says he has no plans to buy TikTok
Tech billionaire Elon Musk said he is not interested in acquiring the video-sharing app TikTok, and has no plans regarding what he would do if he owned it. Musk made the remarks during a virtual ...The Hill - 4d -
Trump amends CBS '60 Minutes' lawsuit and demands $20 billion
President Trump doubled the damages he is seeking from CBS and its parent company, Paramount Global, which needs FCC approval for its pending merger.Los Angeles Times - 4d -
Trump administration to cut billions in medical research funding
National Institutes of Health said the $4bn loss will affect ‘indirect’ funding of buildings, equipment and staff. The Trump administration is cutting billions of dollars in medical research ...The Guardian - 4d -
A Trump peace plan for Ukraine?
Reports suggest a proposed US peace plan could be unveiled this week.BBC News - 5d -
Tech megacaps plan to spend more than $300 billion in 2025 as AI race intensifies
Meta, Amazon, Alphabet and Microsoft intend to invest as much as $320 billion this year into AI advancement technologies.CNBC - 5d -
Looming $2.7 billion Pell Grant shortfall poses a new threat for college aid
The Congressional Budget Office last month released Pell Grant program projections, which now estimate a $2.7 billion funding shortfall later this year.CNBC - 5d -
This HR Company Valued at $12 Billion Just Announced Plans to IPO. Here’s Why Other Companies Are Watching Closely
Human Resources startup Deel recently hit an annual revenue run rate of $800 million.Inc. - 5d -
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 - 5d -
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 - 5d -
Graham's plan for Trump tax cuts
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Graham rolls out plan to tackle Trump agenda Senate Budget Committee Chair ...The Hill - 5d -
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 - 5d -
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 - 6d -
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 - 6d -
McLellan Mum on Red Wings Deadline Plans
When asked about his team's trade deadline plans, Detroit coach Todd McLellan declined to provide detailsYahoo Sports - 6d -
LinkedIn Made $2 Billion in Subscriptions Last Year. How’s Hiring Going for You?
Something smells fishy.Inc. - 6d -
Trump’s Tariff Plan Is Looking Potentially Disastrous for Inflation
Here’s why Trump’s opening tariff salvo will likely hurt U.S. consumers.Inc. - Feb. 6
