Latest in Hedge Fund Donor’s
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AI search start-up Perplexity targets $8bn valuation in new funding round
Investor frenzy over artificial intelligence continues after OpenAI valued at $150bn in latest fundraisingBusiness - Financial Times - October 21 -
Social Security funds could run out in 6 years under Trump plans: Analysis
Social Security’s trust fund reserves could be depleted as early as 2031 under former President Trump’s proposals, several years earlier than recent projections, according to an analysis from the ...Politics - The Hill - October 21 -
World’s largest sovereign wealth fund posts $76 billion in quarterly profit as interest rates fall
Norway's gigantic sovereign wealth fund on Tuesday reported third-quarter profit of 835 billion Norwegian kroner ($76.3 billion).Business - CNBC - October 22 -
Trump still falsely claiming that FEMA is diverting funds from hurricane relief to help migrants
Former President Donald Trump campaigned in North Carolina on Monday where he continued to peddle false claims that FEMA is diverting funds from hurricane relief to assist migrants. CBS News ...Top stories - CBS News - October 22 -
Boise State star RB Ashton Jeanty launches scholarship fund to help support future Broncos athletes
The Heisman Trophy contender is looking to make an impact for his school off the fieldSports - CBS Sports - October 22 -
The Day Before Dev's Kickstarter Canceled After Minimal Funding, Announces New Project
Fntastic, the developer behind the troubled game The Day Before , has canceled its Kickstarter campaign for Escape Factory due to a lack of interest. The game, which aimed to deliver a ...Tech - GameSpot - October 23 -
Bad state data may misdirect nearly $1 billion in federal funds to replace lead pipes
The Environmental Protection Agency didn't ensure that states submitted accurate estimates of the number of lead pipes they hadHealth - ABC News - October 23 -
French official proposes entrance fee for Notre Dame to help fund preservation work
France’s culture minister has proposed introducing an entrance fee to visit Notre Dame cathedral in Paris when it reopens in December, aiming to generate funds for the preservation of the country’s ...World - ABC News - October 24 -
Jailed former Malaysian leader apologizes for fund embezzlement scandal, reiterates his innocence
Imprisoned former Malaysian Prime Minister Najib Razak issued a rare apology over the looting of a state investment fund worth billions of dollars “under my watch” while reiterating his innocenceWorld - ABC News - October 24 -
Tech boom forces US funds to dump shares to avoid breach of tax rules
Asset managers including Fidelity and T Rowe Price are bumping up against limits on size of large holdingsWorld - Financial Times - October 25 -
Alphabet's self-driving unit Waymo closes $5.6 billion funding round as robotaxi race heats up in the U.S.
Alphabet-owned driverless vehicle unit Waymo just closed a $5.6 billion funding round to expand its robotaxi service across the U.S.Business - CNBC - October 25