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Peter Thiel-backed ‘Olympics on steroids’ looks to raise $300M

The Peter Thiel-backed company, which plans to hold an Olympic-style event that encourages athletes to use performance-enhancing substances, is reportedly in talks to raise around $300 million. Christian Angermeier, co-founder of Enhanced Games, said: He told Bloomberg News Early discussions were held with several potential investors, including sovereign wealth funds, about raising a combination of […]

Nvidia rival Groq AI set to raise $300M in funding round

Groq AI, a buzzy startup competing with AI chip supplier Nvidia, is set to raise hundreds of millions of dollars in a new funding round, The Washington Post has learned. The Mountain View, California-based company, which is not affiliated with Grok, a chatbot developed by billionaire Elon Musk’s startup xAI, is seeking to raise $300 […]

Critics Raise Alarm Over New DHS ‘Speech Police’

Estimated Reading Time: 2 minutes Critics have raised the alarm after the Department of Homeland Security announced the creation of a new federal board that will monitor and combat speech it deems “disinformation.” DHS Secretary Alejandro Mayorkas spoke about the “Disinformation Governance Board” while testifying before Congress this week. Mayorkas called disinformation a “threat” that […]

Top CUNY official gets 16% raise, bringing salary to over $320K

The City University of New York is often called the “poor man’s Harvard,” but that may not be the case when it comes to administrative salaries. CUNY Board of Trustees On Monday night, the board approved paying Gayle Horowitz, who was promoted to secretary and senior vice president, a staggering $320,681 in salary. The public […]

Republicans raise 'grave concerns' with Biden immigration order

A group of Republican senators has expressed “serious concerns” about President Biden’s recent move to allow certain undocumented immigrants who are spouses or children of U.S. citizens to remain in the country and work legally. in letter In a June 21 letter to Biden, Republican lawmakers wrote that Biden’s latest immigration relief package “directly violates […]

Florida’s state-backed home insurance to raise rates 14%

Florida’s government-backed home insurers plan to raise premiums by 14 percent, another blow to more than 1 million hurricane-ravaged state residents who already have some of the highest insurance rates in the country. The state’s People’s Property Insurance Corp. board of directors voted unanimously Wednesday to raise premium rates for next year, even though nine […]