Elon Musk’s xAI raises $6 billion in equity financing as AI race heats up
Elon Musk's artificial intelligence startup xAI has raised an additional $6 billion from investors as it ramps up competition from Sam Altman's OpenAI, according to a regulatory filing. XAI – the company that created that sneaky “Grok” chatbot available on Musk’s social media site X – has raised funding from a total of 97 investors. […]
Mike Johnson Nixes Biden’s $24 Billion Aid Request for Ukraine
House Speaker Mike Johnson (R-Louisiana) said Wednesday that there should be no further aid to Ukraine ahead of President-elect Donald Trump's inauguration. Johnson said the decision on additional aid to Ukraine should be left to Trump when he takes office again in January. “As we predicted, and as we told you weeks before the election, […]
San Francisco’s New Mayor Faces Nearly $1 Billion Deficit, Despite Federal Pandemic Cash
San Francisco Mayor-elect Daniel Lurie will have to tackle the city's nearly $1 billion budget deficit when he takes office on January 8, and could be forced to cut staff and services to overcome the city's own funding shortfalls. There is sex. San Francisco imposed strict lockdown policies during the coronavirus pandemic, but also adopted […]
Delaware Judge Upholds Ruling that Voids Elon Musk’s $56 Billion Tesla Pay Package
Tesla CEO Elon Musk received a record $56 billion payout in 2018 after a Delaware judge upheld a previous ruling that the compensation plan was improperly awarded. lost its bid to restore its remuneration package. CNBC report In a significant setback for Tesla CEO Elon Musk, Chancellor Kathleen McCormick of the Delaware Court of Chancery […]
Elon Musk blasts ruling denying him $100 billion pay package
Elon Musk has slammed a Delaware judge over an “absolutely crazy” ruling that denied him a payout now worth $100 billion. He denounced the move as “absolute corruption”. Musk responded to the ruling handed down by Court of Chancery Judge Kathleen McCormick on Monday on his social media platform X. The Tesla mogul accused the […]
Largest gold deposit in the world worth $83 billion found in China
What is said to be the world's largest gold deposit has been discovered in China, state broadcaster Xinhua News Agency said. According to Reuters, gold reserves are worth 600 billion yuan, which is equivalent to $83 billion. The discovery was made by geologists from the Hunan Provincial Geological Research Institute about 19 miles below the […]
Ripple Unleashes 1 Billion XRP Amid Historical XRP Price Breakout – U.Today
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Germany Looks to Spend $5 Billion for Four New Submarines
President-elect Donald Trump has long warned Europe's NATO allies to increase defense spending and stop relying on the United States to meet their security needs. His message seems to be getting across. It was revealed on Friday that German Defense Minister Boris Pistorius wants to buy four new submarines in a deal worth 4.7 billion […]
Trump sues CBS News for $10 billion over Harris interview | LiveNOW from FOX
Former President Donald Trump is suing CBS New for $10 billion in damages, stating the network practiced ‘deceptive conduct. source
Biden Administration Lends $6 Billion to Troubled Rivian for Electric Vehicle Factory
The Biden administration has agreed to loan troubled electric car maker Rivian $6 billion to build a new factory near Atlanta, Georgia, a huge sum from an administration loving EVs. This is assistance. of new york times report The Biden administration announced a $6 billion loan to Rivian, which makes electric vehicles and has struggled […]