Alphabet plans to raise $80 billion to pay for AI buildout
Google parent company Alphabet said Monday that it plans to raise $80 billion to help pay for the massive AI infrastructure buildout it has planned. Alphabet will sell off that…
President Trump Dropping $1.776 Billion Anti-Weaponization Fund
President Trump Fine, I’ll Kill $1.776B Slush Fund … For Now!!! Published June 1, 2026 1:54 PM PDT President Donald Trump is abandoning plans to hand out nearly $2 billion…
Anthropic raises $65 Billion, nears $1T valuation ahead of IPO
Anthropic has snagged $65 billion in funding at a $965 billion post-money valuation in its latest funding round, marking what could be the AI startup’s last private fundraising before debuting…
Nvidia posts another record quarter, reveals $43 billion of holdings in startups
Nvidia announced another record revenue figure after market close on Wednesday, reporting financial results for the quarter ending April 26. Over those three months, the company brought in $81.6 billion…
Canadian governments set to spend $1 billion to host World Cup
Canada will spend just over $1 billion to host the World Cup this summer, the federal budget watchdog said Wednesday. That sum includes money from all levels of government. The…
Anthropic will pay xAI $1.25 billion per month for compute
Earlier this month, Anthropic surprised the AI world with a deal to buy 300 megawatts worth of compute — securing the entire output of the Colossus 1 data center near…
RJ Scaringe has raised more than $12 billion across three startups and investors still want more
Investors can’t seem to get enough of RJ Scaringe or his ideas. In less than a decade, the serial entrepreneur best known for his EV company Rivian, has raised more…
YouTube viewers watch 2 billion hours of Shorts on TVs each month
Short-form video is a format that’s built for mobile — these vertically oriented videos are designed to fit the shape of a smartphone. But according to YouTube, this kind of…
Fortress Co-Founder Wesley Edens Allegedly Extorted for $1 Billion By Ex-Hookup
Wesley Edens Fortress Co-Founder Allegedly Extorted By Ex-Hookup Published May 10, 2026 3:11 PM PDT Wesley Edens — co-founder of Fortress Investment Group and co-owner of the Milwaukee Bucks —…
SpaceX may spend up to $119 billion on ‘Terafab’ chip factory in Texas
SpaceX, Elon Musk’s space company that also houses his AI company, xAI, is considering spending $55 billion, at least initially, to build a semiconductor factory in Grimes County, Texas, according…