Spend Billion Ai - QuikReader

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 - 6h

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 - 10h

AI Startup Anthropic Raising Funds Valuing It at $60 Billion

The Amazon-backed OpenAI rival was valued at $18 billion last year.

The Wall Street Journal - 12h

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 - 14h

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 - 14h

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 - 16h

Online holiday spending rises nearly 9%, as deep discounts and AI-powered chatbots fuel purchases, Adobe data says

The holiday e-commerce results from Adobe are a promising sign for the retail industry, which will begin reporting holiday results in February.

CNBC - 21h

Microsoft Plans to Invest $3 Billion on AI, Cloud Infrastructure in India

The company plans to grow the company’s Azure cloud business in India and set up new data centers.

The Wall Street Journal - 1d

Nvidia unveils AI foundation models running on RTX AI PCs

Nvidia today announced foundation models running locally on Nvidia RTX AI PCs that supercharge digital humans, content creation, productivity and development.

VentureBeat - 1d

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 - 1d

Anthropic’s $60 billion valuation would obscure a stark reality in AI

Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...

MarketWatch - 26m

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

A Doncaster mum suffers her second major flood in five years.

BBC News - 15h

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 - 16h

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 - 19h

Online holiday spending rises nearly 9%, as deals and AI-powered chatbots fuel purchases, data shows

Online spending rose 8.7% during the holiday season from last year, according to data from Adobe Analytics, as deals and the use of AI-powered chatbots helped inspire purchases.

NBC News - 19h

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 - 1d

Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech

Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...

GameSpot - 1d

Sonic The Hedgehog Film Franchise Races Past $1 Billion At The Box Office

Paramount Pictures has announced that the Sonic the Hedgehog film franchise has earned more than $1 billion at the global box office. The movie franchise--based on Sega's long-running video game ...

GameSpot - 1d

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 - 1d

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 - 2d

U.S. Plans $8 Billion Sale of Arms, Including Bombs, to Israel

The Biden administration notified Congress of a weapons package for Israel that is one of the largest new arms sales since the war in Gaza began.

The Wall Street Journal - 3d

Congress notified of planned $8 billion weapons sale to Israel

President Biden has made it clear that Israel has the right to defend its citizens as the American ally presses forward with its war against Hamas in Gaza.

CBS News - 3d

Biden administration plans $8 billion weapons sale to Israel

State Department tells Congress of a planned $8 billion weapons sale to Israel.

ABC News - 3d

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 - 3d

State Dept. Tells Congress It Plans to Send $8 Billion in Arms to Israel

The arms transfer could be the final one the Biden administration provides to Israel. President Biden has largely ignored critics of Israel’s war in Gaza who have urged a halt to weapons aid.

The New York Times - 4d

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 - 4d

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 - 4d

After Fierce Lobbying, Treasury Sets Rules for Billions in Hydrogen Subsidies

With a lucrative tax credit, the Biden administration is hoping to establish a new industry that might help fight climate change.

The New York Times - 4d

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 - 4d

Constellation Inks $1 Billion Nuclear Power Deal

Under the contracts, Constellation will deliver electricity to more than 13 federal agencies.

Inc. - 5d

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 - 5d

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 - 5d

AI education revolution

Welcome to The Hill's Technology newsletter {beacon} Technology Technology The Big Story AI set to hit its stride in schools in 2025 Experts predict that 2025 will be the year artificial ...

The Hill - Dec. 31

Why 2025 will be the year of AI orchestration

For many, 2025 will be the year of AI agents, when pilot programs, experiments and use cases converge into something resembling ROI.

VentureBeat - Dec. 30

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.