Elon Musk has rejected reports that his artificial intelligence venture xAI is gearing up for a new fundraising round. A report had suggested that the company is looking at a funding round that could value the company between $170 billion and $200 billion. What Happened: Saudi Arabia’s Public Investment Fund (PIF) was reported to play a crucial role in this …
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Senate Rejects Trump’s Cuts to NSF, Other Science Agencies
Sen. Jerry Moran, Republican of Kansas, proposed sending $9 billion to the National Science Foundation. Andrew Harnik/Getty Images Signs that Congress intends to push back on the Trump administration’s wholesale slashing of federal budgets emerged during a Senate meeting Thursday that kicked off the annual appropriations process. Since January, the Trump administration has sought to significantly downsize the federal government via …
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