Latest in Investment Fund’s Desert
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Bret Taylor’s AI startup Sierra raises funding at $4.5 billion valuation
Sierra, the startup founded by ex-Salesforce co-CEO Bret Taylor, has raised a fresh round of capital that values the company at $4.5 billion.Business - CNBC - October 28 -
Elon Musk's xAI in Talks to Raise Funding Valuing It at $40 Billion
The new fundraising effort would substantially increase startup’s valuation from spring.Tech - The Wall Street Journal - October 29 -
Republicans unveil emergency bill to fund tapped-out disaster loan program
Senate Republicans released legislation this week that aims to replenish funds for a key federal program that provides disaster loans to businesses and homeowners. Sen. Thom Tillis (R-N.C.) led ...Politics - The Hill - October 29 -
In Election’s Final Days, Dark Money and ‘Gray Money’ Fund Hidden Agendas
Big-money operatives are taking advantage of lax rules at the end of the campaign to hide the true source of their money until after the election is called — or for forever.Top stories - The New York Times - October 30 -
Asia has ‘enormous’ shortfall of funds to adapt to climate change, warns ADB
Development bank report says region still needs hundreds of billions of dollars for action to tackle impact of global warmingWorld - Financial Times - October 31 -
New York semiconductor site picked for $825 million in funding
U.S. Sen. Chuck Schumer says a semiconductor research facility in upstate New York will be getting $825 million in funding as one of three national technology centersTech - ABC News - October 31 -
Musk in funding talks with Middle East investors to value xAI at $45bn
Early discussions include existing backers of artificial intelligence start-upWorld - Financial Times - October 31 -
BBC World Service secures Budget bump in government funding
Executives warned that previous cuts left the UK struggling to counter a rise in Russian and Chinese propagandaBusiness - Financial Times - October 31 -
Elon Musk’s xAI in Funding Talks That Could Value Company at $40 Billion
The financing efforts follow that of rival OpenAI, which recently closed a funding round that valued it at $157 billion.Tech - The New York Times - October 31 -
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Not one government has paid into fund for victims of Uganda warlord, says ICC
The international criminal court awarded a record €52.4m to survivors of Dominic Ongwen’s crimes but member states have failed to contribute. Not a single country has contributed towards ...World - The Guardian - November 1 -
Funding of A9 dualling project a real concern, say MSPs
They also say issues around funding had already delayed the £3bn Inverness to Perth project.Top stories - BBC News - November 1 -
Prince Andrew's funding cut off by King, says book
The Duke of York has been cut off financially by King Charles, according to a royal biography.Top stories - BBC News - November 2 -
Schroders shares tumble after fund manager reports outflows
Shares of U.K. fund manager Schroders fell on Tuesday after it reported outflows in the third quarter and said more money would leave the firm in the fourth quarter.Business - MarketWatch - November 5 -
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Labour hedge fund donor’s profits drop 76% after restructure
Quadrature made largest single donation to party after UK election called in MayBusiness - Financial Times - November 5 -
AI Startup Perplexity to Triple Valuation to $9 Billion in New Funding Round
The artificial intelligence search company is raising $500 million in its fourth funding round this year.Tech - The Wall Street Journal - November 5 -
Serious Fraud Office given extra funding to fight financial crime
Money will be used to reform how the UK agency manages its cases and handles evidenceWorld - Financial Times - November 7 -
UK government explores privately funded Birmingham-Manchester rail link
Mayors argue new train line is needed after northern leg of HS2 was axed on cost groundsWorld - Financial Times - November 8 -
Morning Report — Leadership races, funding up next for Congress
In today’s issue: As the remaining ballots are being counted in House and Senate races, Congress returns to Washington next week for the lame duck period. Republican electoral wins in the ...Politics - The Hill - November 8 -
Here's why ETFs often have lower fees than mutual funds
Fees are one of the few things people can control relative to investing.Business - CNBC - November 8 -
Buffalo Bills Fans Buy Municipal Bonds to Help Fund New Stadium
Critics of using public money to build sports facilities dismissed the bond sale, but some of the team’s devoted followers eagerly paid in.Business - The New York Times - November 10 -
The race to build a £354bn British pensions behemoth
Reeves’ Mansion House speech will push for faster integration of council retirement schemesBusiness - Financial Times - November 11 -
Smaller nations fear delays in climate loss and damage funding
Fragile states worry they may have to wait years before receiving assistanceWorld - Financial Times - November 11 -
FirstFT: Meet Trump’s hawkish foreign policy team
Also in today’s newsletter, Wall Street bonuses set to jump after two fallow years and China unveils new stealth jetWorld - Financial Times - November 12
