Latest in China’s Billion 2,700
Sort by
133 items
-
Anthropic in Talks for $2 Billion Funding Round
The financing efforts follow new funding rounds by Elon Musk’s xAI and the market leader, OpenAI, which is now valued at $157 billion.The New York Times - 2h -
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 - 3h -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - 4h -
Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals
Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.The New York Times - 4h -
Getty Images, Shutterstock to Combine in $3.7 Billion Deal
Getty shareholders will own about 54.7% of the combined company, which will retain the Getty name. Shares of both companies surged on the news.The Wall Street Journal - 5h -
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 - 6h -
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 - 16h -
Phillips 66 to Buy EPIC NGL for $2.2 Billion
Phillips 66 will buy EPIC NGL for $2.2 billion to help the Houston oil refiner grow its Permian midstream business.The Wall Street Journal - 1d -
Stryker to Acquire Inari Medical in Deal Valued at $4.9 Billion
Inari makes mechanical thrombectomy solutions designed to treat peripheral vascular diseases. Stryker said the deal would be complementary to its neurovascular business.The Wall Street Journal - 1d -
Getty Images to buy Shutterstock as part of $3.7 billion visual content expansion
Getty Images said on Tuesday it would merge with rival Shutterstock to create a $3.7 billion stock image powerhouse geared for the artificial intelligence era, in a deal that would likely draw ...NBC News - 10h -
-
The man making a business out of China’s burnout generation
Li Jianxiong was a highflying marketing executive in Beijing until a breakdown sent him to the west on a wellness voyage of discovery – just as his peers were losing faith in the Chinese Dream. Li ...The Guardian - 21h -
What to know about the HMPV virus reported in China
The human metapneumovirus is reportedly surging in China, but should Americans be concerned? Here's what to know about HMPV symptoms and more.CBS News - 1d -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - 1d -
Sonic The Hedgehog Film Franchise Races Past $1 Billion At The Box Office
Paramount Pictures has announced that the Sonic the Hedgehog film franchise has earned more than $1 billion at the global box office. The movie franchise--based on Sega's long-running video game ...GameSpot - 1d -
The Challenge for Made-in-America Bikes? Made-in-China Parts
Two and a half years after Guardian Bikes opened a factory in Indiana, it is trying to find components manufactured in the U.S.The Wall Street Journal - 1d -
China rushes to reassure investors as equities and renminbi fall
CSI 300 down 4.2% this year and currency slides to 15-month low as Donald Trump’s return weighs on marketsFinancial Times - 1d -
-
Assad’s fall is an opportunity for a US win over China
Trump may believe that Syria is “not our fight,” but the competition with China is very much ours and will undoubtedly be a focus of his administration.The Hill - 2d -
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 - 3d -
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 - 3d -
Biden administration plans $8 billion weapons sale to Israel
State Department tells Congress of a planned $8 billion weapons sale to Israel.ABC News - 3d -
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 - 3d -
After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies
With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.The New York Times - 4d -
Constellation Inks $1 Billion Nuclear Power Deal
Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.Inc. - 5d -
China Hits Dozens of U.S. Companies With Trade Controls
The move was the latest escalation in the back and forth between Beijing and Washington over products considered vital to national security.The New York Times - 5d -
China’s Hack of U.S. Treasury Breached Sanctions Office
The cyberattack reported earlier this week reached into the Office of Foreign Assets Control and the Office of Financial Research, sections of the agency that oversee economic penalties against ...Inc. - 5d -
How to invest in a much-changed China
While Trump threatens punitive tariffs, investors need to understand how much the country has altered in recent yearsFinancial Times - 5d -
-
The Panama Canal Has a Big Problem, but It’s Not China or Trump
Climate change is causing drought conditions that are making the Panama Canal harder to operate and more expensive to pass through.The New York Times - 6d -
China is forcing out foreign car companies
This year has been troubling for almost all foreign carmakers in that country, which boasts the world’s largest car market.The Hill - 6d -
China Reckons With Years of Excess
Overindebtedness, overbuilding and overcapacity are causing problems at home and abroad.The Wall Street Journal - 6d -
Xi Jinping, China’s Leader, Nods to Economic Challenges
In a New Year’s address, Xi Jinping made a rare acknowledgment of the flagging economy while reiterating the government’s growth targets.The New York Times - 6d -
Scopely scores a billion downloads and $10B in revenue to date
Scopely announced several key milestones achieved to date: $10 billion in lifetime revenue for its mobile games and a billion downloads.VentureBeat - Dec. 30
