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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 - 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 -
Trump Administration Will Review Billions in Funding for Harvard
The move follows the cancellation of roughly $400 million in funding for Columbia and the suspension of $175 million for the University of Pennsylvania.The New York Times - 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 -
Real Estate Fund Exceeds $2.5 Billion for Affordable Housing
The size of the fund, which is run by the Vistria Group, highlights how investors see an opportunity to address the nation’s housing crisis.The New York Times - 3d -
Federal judge temporarily pauses RFK Jr. effort to rescind billions of public health funds
A federal judge granted a temporary restraining order Thursday that stops the Trump administration from pulling back more than $11 billion in public health funding from state and local health ...The Hill - 16h -
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 -
Ashton Hall’s Unconventional Morning Routine Has Drawn Nearly a Billion Views
Ashton Hall’s unconventional morning routine has drawn close to a billion views, and scores of copycat videos.The New York Times - Mar. 25 -
OpenAI Closes Deal That Values Company at $300 Billion
The start-up’s valuation, which has nearly doubled in six months, shows continued enthusiasm for A.I. among investors.The New York Times - 3d -
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 - 3d -
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 -
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 - 22h -
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 - 3d -
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 -
Trump Administration Abruptly Cuts Billions From State Health Services
States have been told that they can no longer use grants that were funding infectious disease management and addiction services.The New York Times - Mar. 27 -
Professors Pushed Harvard to Resist Trump. Now Billions Are on the Line.
Harvard, the wealthiest school in the world, sought compromise amid pressure to do more to combat antisemitism. The Trump administration is examining its funding anyway.The New York Times - 2d -
Judge Blocks H.H.S. From Terminating $11 Billion in Public Health Grants
A coalition of states sued over the Trump administration’s unexpected move to cut off the funds, which they said imperiled everything from childhood vaccination programs to opioid addiction treatment.The New York Times - 15h -
Brown University to see federal funding halted by Trump administration
A White House official says the Trump administration is planning to halt more than half a billion dollars in contracts and grants awarded to Brown UniversityABC News - 13h -
Trump Administration Sends Harvard a List of Demands to Protect Federal Funds
The list was similar to one sent to Columbia University last month after the government canceled $400 million to the school. Harvard may have $9 billion on the line.The New York Times - 11h -
Cliff Asness's AQR multi-strategy hedge fund returns 9% in the first quarter during tough conditions
The Apex strategy from Cliff Asness' firm, which combines stocks, macro and arbitrage trades with $3 billion in assets under management, gained 9% in Q1.CNBC - 2d -
Musk-funded group spends big in Wisconsin Supreme Court race
Elon Musk and his political operatives have tried to shape the closely watched Wisconsin Supreme Court race in ways that are not immediately obvious but could be critical to Tuesday’s outcomeABC News - 4d -
$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 -
Alphabet to buy cybersecurity startup Wiz for $32 billion
Google owner Alphabet has agreed to buy cybersecurity startup Wiz for $32 billionABC News - Mar. 18 -
US stock markets see worst day since Covid pandemic after investors shaken by Trump tariffs
All three major US index funds close down as Apple and Nvidia, two of US’s largest companies, lose combined $470bn. US stock markets tumbled on Thursday as investors parsed the sweeping change in ...The Guardian - 17h -
Tsunoda told to be 'as close to Verstappen as possible'
Red Bull team principal Christian Horner tasks Yuki Tsunoda with "getting as close as possible" to Max Verstappen.BBC News - 3d -
A NASA spacecraft will make another close pass of the sun
A NASA spacecraft will make its second close brush with the sunABC News - Mar. 21 -
Musk’s xAI Buys Social Media Platform X for $45 Billion
Elon Musk said on X that ‘xAI and X’s futures are intertwined.’ He bought Twitter for $44 billion in 2022.Inc. - 6d -
Protests postponed after pharmacy funding boost
Community pharmacies have delayed protest action after the government agreed a new funding package.BBC News - 4d -
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 - 1d -
Eight Watch Brands Now Sell $1 Billion a Year
There now are eight brands selling more than $1 billion each year. Experts say it means big brands are getting bigger and their products are getting pricier.The New York Times - 4d -
Trump targets Smithsonian funding for programs with "improper ideology"
President Trump signed an executive order targeting funding for Smithsonian Institution programs that he says contain "divisive, race-centered ideology."CBS News - 6d -
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 -
Timberwolves sale: Marc Lore, Alex Rodriguez get ownership for $1.5 billion as Glen Taylor settles dispute
The $1.5 billion price tag is far below what other teams have sold for in recent yearsCBS Sports - 1d -
Oklahoma, Tennessee to get restored family planning funds
Click in for more news from The Hill {beacon} Health Care Health Care The Big Story Trump administration restoring some family planning funds to red states The Trump administration is restoring ...The Hill - 1d -
Vanguard’s expired patent may emerge as ‘game changer’ for fund industry
The exchange-traded fund industry is betting on a structure that could help investors reduce tax burdens.CNBC - 5d -
Pension Funds Push Forward on Climate Goals Despite Backlash
At a time of resistance to environmental, social and governance goals, pension funds have become a bulwark against efforts to sideline climate risks.The New York Times - 4d -
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 - 1d -
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 - 1d