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Latest in Increase Spending Billion

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315 items
  • Anthropic in Talks for $2 Billion Funding Round

    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 - Jan. 8
  • ‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending

    ‘We need to be in the room’: DOGE Caucus Democrat works with GOP to slash spending

    Rep. Val Hoyle (D-Ore.), a member of the new House caucus partnering with President-elect Trump’s announced Department of Government Efficiency, joins Meet the Press NOW to discuss the bipartisan ...
    NBC News - Jan. 8
  • Infinite Reality raises $3B to increase its immersive tech portfolio

    Infinite Reality raises $3B to increase its immersive tech portfolio

    Infinite Reality has raised $3 billion from a private investor, which it plans to put towards expanding its network and product offerings.
    VentureBeat - Jan. 8
  • AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation

    AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation

    The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.
    Inc. - Jan. 8
  • Heads say they face tough choices on school spending as costs rise

    Heads say they face tough choices on school spending as costs rise

    A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.
    BBC News - Jan. 8
  • Getty Images, Shutterstock to Combine in $3.7 Billion Deal

    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 - Jan. 7

  • 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 - Jan. 7
  • 'I can't spend another five years in my caravan'

    'I can't spend another five years in my caravan'

    A Doncaster mum suffers her second major flood in five years.
    BBC News - Jan. 7
  • Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill

    Speaker Johnson: ‘Intention’ is to increase debt limit in massive Trump agenda bill

    Speaker Mike Johnson (R-La.) said that congressional Republicans plan to increase the nation’s borrowing limit as a part of a massive party-line bill that they are crafting that will encapsulate ...
    The Hill - Jan. 7

  • Israel Needs to Go on the Offensive, Boost Military Spending, Commission Urges

    More military spending is needed to orient Israel’s military toward an attack posture, an Israeli government commission warned.
    The Wall Street Journal - Jan. 7

  • Business leaders court Trump as UAE billionaire promises to spend $20 billion on U.S. data centers

    President-elect Donald Trump drew another expression of support on Tuesday, as a billionaire businessman from the United Arab Emirates, Hussain Sajwani, promised to spend at least $20 billion in ...
    MarketWatch - Jan. 7

  • ‘Inflation levels seem to be increasing’: Businesses are worried about tariffs and rising prices.

    The holiday shopping season gave a boost to service-oriented companies in December, but top executives were wary of potential Trump tariffs and a recent uptick in inflation.
    MarketWatch - Jan. 7

  • Sources: A's keep spending with Rooker extension

    Designated hitter Brent Rooker and the Athletics are in agreement on a five-year, $60 million contract extension, sources told ESPN, continuing a winter of uncharacteristic spending with a ...
    ESPN - Jan. 7
  • Next blames clothes price rises on wage increases set out in Budget

    Next blames clothes price rises on wage increases set out in Budget

    The retailer expects employee costs to increase by £73m due in part to rising National Insurance
    BBC News - Jan. 7
  • Next warns of ‘anaemic’ growth after UK Budget tax increases

    Next warns of ‘anaemic’ growth after UK Budget tax increases

    Retailer says measures will cost it £67mn in current financial year and warns of potentially chilling effect on economy
    Financial Times - Jan. 7

  • How Nato will hold European capitals to higher defence spending promises

    Also in this newsletter: The countries breaking EU law by ignoring green deadlines
    Financial Times - Jan. 7
  • NDSU’s Dominance in FCS Football Doesn’t Extend to Bison Spending

    NDSU’s Dominance in FCS Football Doesn’t Extend to Bison Spending

    North Dakota State’s football team isn’t among the highest spenders in FCS—far from it in fact. But the school’s dominant 15-year run continued on the field Monday night, as the Bison upset ...
    Yahoo Sports - Jan. 7
  • Phillips 66 to Buy EPIC NGL for $2.2 Billion

    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 - Jan. 6

  • France signals fewer spending cuts and tax rises ahead of budget talks

    Economy minister seeks to ‘protect growth’ with slightly higher deficit target for 2025
    Financial Times - Jan. 6

  • Biden signs bill to increase Social Security benefits for millions of public workers

    The Social Security Fairness Act repeals two provisions that reduced Social Security benefits for some public workers who also receive pensions.
    CNBC - Jan. 6
  • Firms to raise prices due to tax and wage increases

    Firms to raise prices due to tax and wage increases

    Consumers could face higher costs in the coming months amid falling confidence among UK businesses.
    BBC News - Jan. 6
  • Some Baseball Teams Won’t Spend Money, and It’s a Problem

    Some Baseball Teams Won’t Spend Money, and It’s a Problem

    Six clubs, including two that made the playoffs last season, have yet to invest in a free agent.
    The New York Times - Jan. 6
  • UK businesses plan price increases as Budget drives up costs

    UK businesses plan price increases as Budget drives up costs

    Tax and wage rises have caused confidence to ‘slump’, warns British Chambers of Commerce
    Financial Times - Jan. 5

  • How increased Israeli military activity is changing the Middle East

    The Biden administration notified Congress of a proposed $8 billion arms sale to Israel as the U.S. government maintains its strong support for its ally in the Middle East. While the Israeli ...
    CBS News - Jan. 4
  • Isak extends Newcastle hot streak to increase heat on Postecoglou’s Spurs

    Isak extends Newcastle hot streak to increase heat on Postecoglou’s Spurs

    Ange Postecoglou stood, as he always does, hands in pockets, at the edge of his technical area. It had been another frustrating afternoon, a defeat that means Spurs have now won just one of their ...
    The Guardian - Jan. 4

  • Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025

    Over half of Microsoft's $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.
    CNBC - Jan. 4

  • Europe readies for scattergun defence-spend bonanza

    Sickly economies and budgetary pressures likely to hit proposals and any increase will be thinly spread
    Financial Times - Jan. 4
  • Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months

    Microsoft expects to spend $80 billion on AI-enabled data centers over next 12 months

    Microsoft plans to spend $80 billion in fiscal 2025 on the construction of data centers that can handle artificial intelligence workloads, the company said in a Friday blog post.
    NBC News - Jan. 3
  • Pokemon Go Community Day Ticket Prices Increased For January Event

    Pokemon Go Community Day Ticket Prices Increased For January Event

    Each month, Pokemon Go players take part in the mobile game's Community Day: A recurring monthly event in which one Pokemon takes center stage and becomes available to catch in its Shiny form. ...
    GameSpot - Jan. 3
  • The Biggest U.S. Retailers Increased Their Dominance in 2024

    The Biggest U.S. Retailers Increased Their Dominance in 2024

    Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.
    Inc. - Jan. 3
  • French Quarter fully reopens to the public with increased security days after attack

    French Quarter fully reopens to the public with increased security days after attack

    The younger brother of the driver in the New Year’s Day terrorist attack on Bourbon Street said he’s shocked by his brother’s actions and there were no red flags beforehand.
    NBC News - Jan. 3

  • Helping boomers spend their retirement funds is harder than it sounds

    Worries about running out of money makes people frugal and wary of taking any big pension decisions
    Financial Times - Jan. 3
  • Constellation Inks $1 Billion Nuclear Power Deal

    Constellation Inks $1 Billion Nuclear Power Deal

    Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.
    Inc. - Jan. 2
  • Ron Johnson: Reducing 'out of control' government spending is not only 'reasonable but doable'

    Ron Johnson: Reducing 'out of control' government spending is not only 'reasonable but doable'

    Sen. Ron Johnson (R-Wis.) doubled down on a conservative plan to reduce government spending with new proposals outlined in an op-ed published by The Wall Street Journal. “Federal spending is out of ...
    The Hill - Jan. 2

  • Here's what to know about Medicare's new spending cap

    This year, a new spending cap on medication goes into effect for the first time for people on Medicare. CBS News medical contributor Dr. Celine Gounder explains its impact.
    CBS News - Jan. 2
  • Scopely scores a billion downloads and $10B in revenue to date

    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
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