Tag Archives: Billion

Musk says xAI is not raising capital after CNBC report on $10 billion funding  Reuters Elon Musk’s xAI raising $10 billion at $200 billion valuation: sources  CNBC Elon Musk’s xAI Could Be Valued At $200 Billion After $10 Billion Funding Round, Report Says  Forbes Elon Musk denies xAI funding report, calls it “fake news”  Investing.com Musk’s XAI Raises $10 Billion at $200 Billion Valuation  Bloomberg.com …

News Summary: NVIDIA commits £2 billion to catalyze the U.K.’s AI startup ecosystem and accelerate the creation of new companies, jobs and globally transformative AI businesses. Accel, Air Street Capital, Balderton, Hoxton Ventures and Phoenix Court will join NVIDIA’s investment in the U.K. market, underscoring their commitment to foster the U.K. AI ecosystem. The investment will bring …

By Karin Strohecker and Libby George LONDON (Reuters) – Angola will decide by November whether to roll over its $1 billion total return swap deal with JPMorgan, or potentially raise the money on international capital markets, a senior debt official told Reuters. JPMorgan and Angola agreed in December a $1 billion, one-year derivative contract known as a total return swap, …

U.S. President Donald Trump’s commitment to America’s so-called “special relationship” with the U.K. this week helped fuel a record $200 billion package of investments into Britain. Trump’s historic two-day state visit to the country ended Thursday, after the president enjoyed a banquet at Windsor Castle with the royal family and talks with Prime Minister Keir Starmer, alongside business leaders. On …

US Government’s Intel Stake Worth $13 Billion After Nvidia Deal  Bloomberg.com Intel’s biggest problem isn’t going away with Nvidia’s $5 billion stake  Yahoo Finance NVIDIA and Intel to Develop AI Infrastructure and Personal Computing Products  NVIDIA Newsroom How Intel’s Nvidia deal could help Intel’s next generation of chip manufacturing  Reuters The U.S. Made 50% on Its Intel Stock Purchase. This Investment Did Even Better.  Barron’s …

Exclusive: Trump “wrong on the facts” in $15 billion defamation suit, NYT editor says  Axios Trump Sues The New York Times For Articles Questioning His Success  The New York Times New York Times chief warns Donald Trump is deploying ‘anti-press playbook’  Financial Times Trump’s lawsuit against The New York Times is meritless, First Amendment experts say  CNN Presidents Can’t Sue Their Way Out of …

That meant a sizable gain for Ellison’s net worth, which is heavily tied to the company. The 81-year-old entrepreneur co-founder, who currently owns more than 40% of Oracle, subsequently enjoyed a $101 billion surge in wealth overnight, to $393 billion—placing him ahead of Musk’s $385 billion fortune. He joined the likes of Amazon executive chairman Jeff Bezos and LVMH’s Bernard …

Why the $300 billion Oracle-OpenAI deal could be fueling an AI bubble  MarketWatch Moody’s flags risk in Oracle’s $300 billion of recently signed AI contracts  Yahoo Finance Exclusive | Oracle, OpenAI Sign $300 Billion Cloud Deal  The Wall Street Journal OpenAI’s $350 Billion Computing Cost Problem  The Information Oracle Stock Drops. Why Its OpenAI Deal Is a Sink or Swim Moment.  Barron’s Source link

Microsoft boosts Wisconsin data center spending to $7 billion  ReutersView Full Coverage on Google News Source link

Roche to Buy Maker of Fatty Liver Treatment 89bio for Up to $3.5 Billion  The Wall Street Journal Roche to acquire liver drug developer 89bio for up to $3.5 billion  Reuters RHHBY to Acquire 89bio for $3.5B, Add Late-Stage MASH Drug to Pipeline  Yahoo Finance Roche to buy metabolic biotech 89bio for up to $3.5B  Axios Roche enters into a definitive merger agreement to …