Tag Archives: Billion

WASHINGTON — The Supreme Court on Tuesday allowed the Trump administration to withhold $4 billion in spending on foreign aid that was appropriated by Congress, at least temporarily. Chief Justice John Roberts issued a brief order in response to the administration’s emergency request filed on Monday seeking to block a federal judge’s ruling that would have required the administration to …

Anthropic’s $1.5 billion book piracy settlement has been put on pause after the federal judge overseeing the class action case raised concerns about the terms of the agreement. During a hearing this week, Judge William Alsup rejected the settlement over concerns that class action lawyers will create a deal behind closed doors that they will force “down the throats of …

SpaceX to pay $17 billion to EchoStar for wireless spectrum  Axios Verizon CEO says SpaceX’s $17 billion 5G deal will be ‘complementary’ to business  Yahoo Finance AT&T Stock Rebounds After EchoStar and SpaceX Deal. Why the Shares Can Jump 10%.  Barron’s SpaceX’s $17 Billion Deal Plunges Musk Deeper Into Wireless Market  The Wall Street Journal EchoStar sells spectrum to SpaceX, cancels MDA satellite contract  SpaceNews …

Lilly launches TuneLab platform to give biotechnology companies access to AI-enabled drug discovery models built through over $1 billion in research investment  Eli Lilly Lilly will let small biotechs use its AI models at no cost  statnews.com Lilly invites biotechs to use AI platform to develop their drugs  Fierce Biotech In first-of-its-kind setup, Lilly offers startups free access to its AI models in …

ASML to Invest $1.5 Billion in Mistral, the French A.I. Start-Up  The New York Times Mistral AI Doubles Valuation to $14 Billion With ASML Investment  The Wall Street Journal Exclusive: ASML becomes Mistral AI’s top shareholder after leading latest funding round, sources say  Reuters AI firm Mistral valued at $14 billion as chip giant ASML takes major stake  CNBC What is Mistral AI? Everything …

Mistral AI Doubles Valuation to $14 Billion With ASML Investment  The Wall Street Journal ASML becomes biggest Mistral investor in boost to Europe’s AI ambitions  Reuters ASML to Invest $1.5 Billion in Mistral, the French A.I. Start-Up  The New York Times ASML Invests €1.3 Billion on Europe’s AI Champion Mistral  Bloomberg.com AI firm Mistral valued at $14 billion as chip giant ASML takes major …

Judge William Alsup has rejected the record-breaking $1.5 billion settlement Anthropic has agreed to for a piracy lawsuit filed by writers. According to Bloomberg Law, the federal judge is concerned that the class lawyers struck a deal that will be forced “down the throat of authors.” Alsup reportedly felt misled by the deal and said it was “nowhere close to …

(Reuters) – Nebius Group said on Monday it will provide Microsoft with GPU infrastructure capacity, in a deal worth $17.4 billion, over a five-year term, sending its shares soaring over 47% after the bell. The deal underscores the surging demand for high-performance AI compute, as companies invest heavily to bolster their AI infrastructure. Microsoft may also acquire additional services capacity …

Ticketing platform StubHub eyes up to $9 billion valuation in US IPO  Reuters StubHub IPO: Ticket reseller aims to raise up to $9.2 billion, pricing at $22 to $25 per share  CNBC StubHub Sets IPO Terms That Could Push Market Cap Above $9 Billion  The Wall Street Journal StubHub IPO: Ticket sales platform targets $9 billion valuation in latest high-profile stock listing  Fast Company …

Nebius signs $17.4 billion AI infrastructure deal with Microsoft, shares jump  Reuters Nebius’ stock soars 60% on multibillion-dollar AI infrastructure deal with Microsoft  CNBC Microsoft Signs Nebius Cloud Deal for as Much as $19.4 Billion  Bloomberg.com Microsoft taps Nebius to supply up to $20bn of AI computing power  Financial Times Nebius signs $17.4 billion dollar AI infrastructure deal with Microsoft  Yahoo Finance Source link