Newsom budget promises ‘no new taxes’ but $15.2B in cuts against $80B deficit
(The Center Square) – California Gov. Gavin Newsom promised “no new taxes” in his 2024-2025 budget as he announced the state’s shortfall is $7 billion worse than was expected in January, and proposed $15.2 billion in budget cuts against an up to $80 billion deficit. Newsom’s cuts include reducing water storage and reducing the state’s […]
Microsoft-Backed (NASDAQ:MSFT) OpenAI Hits $80B Valuation – TipRanks.com – TipRanks
Tech giant Microsoft (NASDAQ:MSFT) Backing OpenAI was a good bet, if recent valuations are any indication. OpenAI recently signed a deal that will value the company at least $80 billion if all goes according to plan. This tripled its valuation compared to the previous transaction just a few months ago. It also makes OpenAI one […]
OpenAI valued at $80B after deal: report
Barron Roundtable panelists Ben Levisohn, Al Root, and Elizabeth OBrien discuss how NVIDIA’s earnings report will impact the market. OpenAI powered by Microsoft Artificial intelligence (AI) A new report says it has completed a deal that values the company at more than $80 billion. The New York Times reported Friday that OpenAI will sell its […]