Openai in Talks That Value Company at 150 Billion
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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 -
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 -
OpenAI’s Journey to $157 Billion Chronicled in Documents
OpenAI originally applied to be recognized as a tax-exempt charitable organization by the IRS in 2016.Business - Inc. - October 13 -
Former OpenAI Researcher Says Company Broke Copyright Law
Suchir Balaji helped gather and organize the enormous amounts of internet data used to train the startup’s ChatGPT chatbot.Tech - The New York Times - October 23 -
OpenAI Speaks to California Attorney General About Becoming For-Profit Company
A new report says CEO Sam Altman’s efforts to shed its nonprofit AI research lab status are moving forward.Business - Inc. - 3 days ago -
SAP Gains $26 Billion in Market Value, Surging Past ASML
The German business-software company’s shares climbed more than 5% after it raised its revenue and earnings forecasts for the year on strong demand for AI.Business - The Wall Street Journal - October 22 -
The Columbus Blue Jackets Are Now Valued Over $1 Billion Per Sportico
The Columbus Blue Jackets paid an expansion fee of $80 million to start in 2000.Sports - Yahoo Sports - October 30 -
Philadelphia Phillies capital raise values the team at around $3 billion
The Philadelphia Phillies recently raised close to $500 million in capital from three new investors, according to two people familiar with the deal.Business - CNBC - 10 hours ago -
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 -
OpenAI Chair’s AI Startup Sierra Gets $4.5 Billion Valuation in Latest Funding Round
Former Salesforce co-CEO Bret Taylor’s company keeps pulling in money from top VC firms as expectations mount.Business - Inc. - October 29 -
Jeff Bezos and OpenAI invest in robot startup Physical Intelligence at $2.4 billion valuation
Amazon's Jeff Bezos and OpenAI invested in Physical Intelligence, a robot startup that raised $400 million at a $2.4 billion post-money valuation.Business - CNBC - 4 days ago -
The Family That Went Against the Grain---and Built a Billion-Dollar Company
It was a side hustle. Now it’s a tortilla empire. Siete Foods did it in seven steps.Business - The Wall Street Journal - October 11 -
Boeing Has a $15 Billion Plan to Weather Company Turbulence
The planemaker wants to sell shares and a convertible bond to shore up its shaky finances.Business - Inc. - October 17 -
Boeing workers to vote on ending strike as company reports billions in quarterly losses
Striking Boeing workers are set to vote on a new contract offer Wednesday after the company announced a $6 billion loss in its third-quarter earnings. CBS News senior transportation correspondent ...Top stories - CBS News - October 23 -
Billions in taxes hang in balance for US companies as election nears
Research shows Trump’s tax cuts led to expanded corporate investment — and a spike in share buybacksWorld - Financial Times - October 30 -
Inside the Massive Crime Industry That’s Hacking Billion-Dollar Companies
When you download a piece of pirated software, you might also be getting a piece of infostealer malware, and entering a highly complex hacking ecosystem that’s fueling some of the biggest breaches ...Tech - Wired - 4 days ago -
Elon Musk’s xAI startup said to eye funding round, valuing the company at this much
xAI is in talks with investors for a funding round, the Wall Street Journal reported.Business - MarketWatch - October 29 -
ASML share plunge wipes over $50 billion off Dutch chip giant's value
ASML published its third-quarter earnings Tuesday, a day earlier than expected.Business - CNBC - October 16 -
US and Taiwan set for talks to end double taxation for companies
Deal would increase investment in American semiconductor manufacturing and away from ChinaWorld - Financial Times - October 30 -
Companies are increasingly talking about tariffs as Election Day nears
Republican presidential nominee Donald Trump described “tariff” as his favorite word earlier this month, and it’s increasingly a word that’s coming up in S&P 500 companies’ quarterly earnings ...Business - MarketWatch - October 31 -
Marc Benioff is in talks to sell media company Time to Antenna Group
Benioff acquired Time in 2018 for $190 million. Early talks to sell to Antenna have centered around a price of $150 million, according to a person familiar.Business - CNBC - November 1 -
Paris aid talks mobilize €1 billion for Lebanon, as war drags on
World - Yahoo News - October 24 -
Longboard Pharmaceuticals’ stock soars amid Lundbeck’s $2.6 billion deal to acquire the company
H. Lundbeck plans to acquire Longboard Pharmaceuticals in a $2.6 billion deal, the companies announced Monday.Business - MarketWatch - October 14 -
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion deal
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion dealSports - ABC News - October 24 -
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion deal
Parent company of WWE and UFC is buying Professional Bull Riders, On Location, and IMG in a $3.25 billion dealEntertainment - ABC News - October 24 -
Nevada jury hands $5.2 billion verdict against Vegas company in bottled water liver damage lawsuit
A jury in Nevada has delivered a $5.2 billion award in the latest large-sum civil lawsuit against a former Las Vegas-based bottled water company found responsible for causing liver damage in ...Health - ABC News - October 24 -
Political Division and Incivility Cost Companies $2 Billion a Day. Science Suggests Jiu Jitsu Persuasion Is the Answer
Want to have actually productive discussions at work? Research suggests jiu jitsu persuasion.Business - Inc. - October 31 -
Apple sales rise 6%, company seeing early iPhone 16 demand
Apple reported earnings after the bell. Here are the results.Business - CNBC - 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 -
AI Startup Perplexity in Funding Talks to More Than Double Valuation to $8 Billion
The search-based chatbot is seeking to raise around $500 million in what would be its fourth funding round in a year.Tech - The Wall Street Journal - October 20 -
Church bell rings after 150 years of silence
World - Yahoo News - October 19 -
Denny’s to Shutter 150 Locations by the End of 2025
The chain that brought us Moons Over My Hammy will sunset its worst perfoming restaurants.Business - Inc. - October 23 -
OpenAI hires first chief economist
OpenAI hired its first-ever chief economist to examine the economic impacts of artificial intelligence (AI), the ChatGPT maker announced Tuesday. Aaron “Ronnie” Chatterji, a professor of business ...Politics - The Hill - October 22 -
OpenAI outlines national security approach
OpenAI doubled down on the importance of the U.S. maintaining leadership on artificial intelligence (AI) development in a new outline of the company's approach to national security. The ChatGPT ...Politics - The Hill - October 25 -
OpenAI Launches ChatGPT Search Engine
The popular online chatbot can now access and deliver information from across the internet in real time, including news, stock prices and sports scores.Tech - The New York Times - October 31 -
OpenAI brings online search to ChatGPT
Move takes aim at rivals including Google and PerplexityBusiness - Financial Times - October 31 -
Trump Family’s Outfits for Election Win Offer a Picture of What Is to Come
Melania, Ivanka, Barron and an extended cast of supporters offer a picture of what is to come.Lifestyle - The New York Times - 17 hours ago