Latest in Ellison’s Billions
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Google's $2 Billion Anthropic Investment Gets U.K. Antitrust Clearance
The Competition and Markets Authority said it wouldn’t open an in-depth investigation into Google’s investment in the AI startup.Tech - The Wall Street Journal - November 19 -
Italy recovers Etruscan artifacts worth $8.5 million bound for black market
Italian authorities have announced the seizure of an illegal excavation of an Etruscan burial site in the central Umbria regionWorld - ABC News - November 19 -
Inside the $3 billion school security industry as shootings continue
Products like AI surveillance monitoring and collapsible safe rooms have hefty price tags for schools, while bulletproof backpacks and school supplies are marketed to fearful parents.Top stories - CBS News - November 19 -
Comcast Greenlights $7 Billion Spinoff of NBCUniversal Cable Channels
The new venture will house channels like E!, USA and MSNBC, and Comcast also announced several leadership changes.Business - The Wall Street Journal - November 20 -
Elon Musk's xAI Startup Is Valued at $50 Billion in New Funding Round
The artificial-intelligence company has told investors it raised $5 billion in its latest funding round.Tech - The Wall Street Journal - November 20 -
Thrive Capital: the venture firm staking billions on a few big bets
The ‘all in or all out’ approach of Josh Kushner’s VC business inverts the traditional venture model. Will it pay off?Business - Financial Times - November 21 -
N.Y.C. Housing Plan Moves Forward With an Unexpected $5 Billion Boost
A City Council committee passed a major proposal that would ease restrictions on housing growth in New York. The full Council is likely to approve it next month.Top stories - The New York Times - November 22 -
Amazon to invest another $4 billion in Anthropic, OpenAI's biggest rival
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives.Business - CNBC - November 22 -
Amazon Invests an Additional $4 Billion in Anthropic, an OpenAI Rival
The tech giant doubles its investment in the startup as it aims to compete in the AI arms race.Tech - The Wall Street Journal - November 22 -
Amazon to invest an additional $4 billion in AI startup Anthropic
Amazon is investing an additional $4 billion in the artificial intelligence startup Anthropic as major technology companies rush to fund generative AITech - ABC News - November 22 -
Amazon Invests $4 Billion in Anthropic, Deepening Its A.I. Ties
Since last September, the tech giant has pumped $8 billion into the artificial intelligence start-up, a sign of intense competition in developing tools that are reshaping the tech sector.Business - The New York Times - 6 days ago -
Amazon Just Invested Another $4 Billion in AI Startup Anthropic
The shopping and computing giant is literally doubling down on enterprise AI.Business - Inc. - November 22 -
Honeywell to Sell Personal Protective Equipment Unit for $1.33 Billion
Honeywell International has agreed to sell its personal-protective-equipment business to a private-equity firm’s portfolio company for $1.33 billion in cash.Business - The Wall Street Journal - November 22 -
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U.N. Reaches $300 Billion Climate Financing Deal as Trump Looms
The U.S. and others have agreed to triple their annual climate financing by 2035, but the incoming administration is expected to repudiate the deal.World - The Wall Street Journal - 5 days ago -
Nations at COP29 climate talks agree on $300 billion a year for poor countries
The $300 billion will go to developing countries who need the cash to wean themselves off coal, oil and gas.Top stories - CBS News - 5 days ago -
U.N. reaches agreement on $300 billion climate deal for developing countries
The United Nations reached a $300 billion climate agreement for developing countries as they grapple with the significant effects of climate change. Delegates agreed Saturday to the billion-dollar ...Politics - The Hill - 5 days ago -
World leaders agree to $300 billion deal to manage climate change
World leaders at the COP29 climate conference came to an agreement to give $300 billion a year by 2035 to developing nations to manage the impacts of climate change.Politics - NBC News - 5 days ago -
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UniCredit offers to buy rival Italian lender Banco BPM for $10.5 billion
Italian lender UniCredit says its offer for domestic rival Banco BPM is separate from its pursuit of German bank Commerzbank.Business - CNBC - 4 days ago -
Oneok to Acquire EnLink Midstream in $4.3 Billion Stock Deal
Oneok shares will be used to acquire all of the outstanding publicly held units of EnLink Midstream for $4.3 billion.Business - The Wall Street Journal - 4 days ago -
Intel Gets Up to $7.9 Billion Award for U.S. Chip-Plant Construction
The government grant is less than originally expected because the chip giant is also receiving separate funding for defense-related projects.Tech - The Wall Street Journal - 3 days ago -
Senate report slams airlines for raking in billions in seat fees
The Senate panel is calling airline executives to testify next week about their carriers' fees.Business - CNBC - 3 days ago -
Senate report slams airlines for raking in billions in seat fees
A Senate subcommittee on Tuesday slammed U.S. airlines large and small over fees to pick seats on flights.Top stories - NBC News - 3 days ago -
Intel and Commerce Department finalize $7.9 billion CHIPS Act grant
The struggling chipmaker has cut jobs and pared back expansion plans as it grapples with its worst downturn ever, making the CHIPS Act money a welcome boost.Business - CNBC - 3 days ago