$100 billion fund articles
-
Elon Musk's xAI Valued At $18 Billion In Latest Funding Round As Musk Looks To Take On $80 Billion OpenAI, A Company He Co-Founded
Elon Musk is reportedly raising $6 billion at a $18 billion valuation for his latest venture, xAI.Corp. Initially, xAI was set to raise $3 billion with a premoney valuation of $15 billion. However, because of overwhelming interest from investors, the terms of the deal were renegotiated, resulting in a significant increase in valuation. "We all received an email that basically said, ‘It's now $6B on $18B, and don't complain because a lot of other people want in," an anonymous source told...
-
Google to fund $1 billion for internet subsea cables
Plans to construct several new fiber-optic internet subsea cables that will improve Hawaii’s internet reliability and connectivity were announced Tuesday by Lt. Gov. Sylvia Luke and Benji Robinson, director of Asia Pacific network planning and acquisition for Google.
-
Ohio has $4 billion in unclaimed funds -- how to get your share
The Ohio Department of Commerce reported last week that its Division of Unclaimed Funds is safeguarding about $4 billion in unclaimed funds.