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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 - November 23 -
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 - 6 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 - 6 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 - 6 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 - 6 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 - 5 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 - 5 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 - 4 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 - 4 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 - 4 days ago -
This $22 billion robotics company’s stock is tumbling as accounting errors found
Symbotic’s stock plunged after the robotics company became the latest example of the consequences of weaknesses in controls over financial reporting.Business - MarketWatch - 3 days ago -
OpenAI Employees Can Sell $1.5 Billion in Stock to SoftBank
The Japanese bank is keen to increase its stake in the AI market leader, which is also backed by Microsoft.Business - Inc. - 3 days ago -
Canadian media companies sue OpenAI in case potentially worth billions
Litigants say AI company used their articles to train its popular ChatGPT software without authorization. Canada’s major news organizations have sued tech firm OpenAI for potentially billions of ...World - The Guardian - Yesterday -
The Whiz Kid Who Made Billions for Yale Is Rethinking His China Strategy
Lei Zhang helped university endowments and foundations make big returns in his native country, then the U.S. soured on China.World - The Wall Street Journal - 19 hours ago -
Vietnam approves $67 billion high-speed railway project
Vietnam has approved the construction of a high-speed railway connecting the capital Hanoi in the north with the financial capital of Ho Chi Minh in the southWorld - ABC News - 8 hours ago -
Apple sells $46 billion worth of iPhones over the summer as AI helps end slump
Apple snapped out of a recent iPhone sales slump during its summertime quarterTech - ABC News - October 31 -
Apple's services unit is now a $100 billion a year juggernaut after 'phenomenal' growth
Apple's services business has become a critical part of the company's appeal to Wall Street over the past decade.Business - CNBC - November 1 -
Apple Announces $46 Billion in Global iPhone Sales as AI Helps End Slump
Putting artificial intelligence tech into its flagship product ensured the summer quarter had a positive turnaround.Business - Inc. - November 1 -
Losing GPS could cost billions, so the Space Force is having companies like Astranis build a backup network
The U.S. Air Force began deploying the Global Positioning System (GPS) nearly 50 years ago, critical infrastructure to both the military and economy.Business - CNBC - November 1 -
Berkshire Hathaway's cash fortress tops $300 billion as Buffett sells more stock, freezes buybacks
The Omaha, Nebraska-based conglomerate saw its cash fortress swell to a record $325.2 billion by the end of September.Business - CNBC - November 4 -
Nearly $1 billion has been spent on political ads over the last week
With Election Day around the corner, there's been just shy of $1 billion spent on political ads up and down the ballot in the last week.Politics - NBC News - November 3