Browsing: billion

Technology

Alat, a $100 billion PIF-backed electronics manufacturing fund in Saudi Arabia, has removed its CEO Amit Midha; sources say he abandoned plans to invest in chip production (Matthew Martin/Semafor)

By Stacey D. WallsApril 11, 2026

Matthew Martin / Semafor: Alat, a $100 billion PIF-backed electronics manufacturing fund in Saudi Arabia, has removed its CEO Amit…

Technology

OpenAI supports an Illinois bill protecting AI labs from liability, even for “critical harms,” such as more than 100 deaths or more than $1 billion in damages, if safety reports were released (Maxwell Zeff/Wired)

By Stacey D. WallsApril 10, 2026

Featured Podcasts Access: OpenClaw for standards is here A show about the inside conversations of the tech industry, hosted by…

Technology

Annual Letter: Andy Jassy says AWS AI revenue hit an annual run rate of $15 billion starting in the first quarter, and Amazon plans to spend about $200 billion in capital spending in 2026 (Todd Bishop/GeekWire)

By Stacey D. WallsApril 9, 2026

Todd Bishop / GeekWire: Annual Letter: Andy Jassy says AWS AI revenue hit an annual run rate of $15 billion…

Technology

Anthropic completes employee tender offer at a valuation of $350 billion, short of the $6 billion investors sought because employees held shares before the IPO (Bloomberg)

By Stacey D. WallsApril 9, 2026

Featured Podcasts Big Tech Podcast: OpenAI vs. Anthropic’s Direct Faceoff + Future of Agents – With Aaron Levie The Big…

Technology

Los Angeles-based Hermeus, which aims to build unmanned hypersonic fighter jets, has raised $200 million led by Khosla Ventures and $150 million in debt at a $1 billion valuation (Sean O’Kane/TechCrunch)

By Stacey D. WallsApril 7, 2026

Featured Podcasts Cheeky pint: The history and future of AI at Google, with Sundar Pichai Stripe co-founder John Collison interviews…

Technology

Anthropic plans to invest $200 million in a new venture with private equity firms to sell AI tools to their portfolio companies; it is in talks to raise $1 billion for the effort (Wall Street Journal)

By Stacey D. WallsApril 7, 2026

Featured Podcasts Big Tech Podcast: More OpenAI Executive Drama, Is Siri Seriously Broken?, Meta’s Next Elusive Hit The Big Technology…

Technology

Medvi, glorified by the New York Times as a two-employee startup with more than $1 billion in revenue, is a warning about how AI can be misused for shady business and marketing practices (Gary Marcus/Marcus on AI)

By Stacey D. WallsApril 5, 2026

Featured Podcasts Lenny’s podcast: Anthropic’s Growth from $1 Billion to $19 Billion: How Claude Became the Fastest-Growing AI Product in…

Technology

Docs: Israeli AI chip startup Hailo pursues urgent IPO via SPAC merger for valuation below $500 million; it was last valued at $1.2 billion in 2024 (Meir Orbach/CTech)

By Stacey D. WallsApril 3, 2026

Meir Orbach / CTech: Docs: Israeli AI chip startup Hailo pursues urgent IPO via SPAC merger for valuation below $500…

Technology

Sources: SpaceX offers $2 trillion-plus valuation to potential investors in IPO; SpaceX’s acquisition of xAI would have valued the combined company at $1.25 billion (Bloomberg)

By Stacey D. WallsApril 2, 2026

Bloomberg: Sources: SpaceX offers $2 trillion-plus valuation to potential investors in IPO; SpaceX’s acquisition of xAI would have valued the…

Technology

Official data shows that Indian smartphone exports reached $11 billion in the first half of fiscal 2026, up 55% year-on-year; analysts warn Iran war could trigger 22-25% decline in coming weeks (Quratulain Rehbar/Nikkei Asia)

By Stacey D. WallsMarch 31, 2026

Quratulain Rehbar / Nikkei Asia: Official data shows that Indian smartphone exports reached $11 billion in the first half of…

US to establish fuel depot in Philippines to support operations in South China Sea – Radio Free Asia

Japan’s combat role in Philippine war drills signals shift in regional strategy – Radio Free Asia

PNG-Australia defense treaty creates jobs, poses risks amid growing Chinese influence – Radio Free Asia

Sino-US competition for rare earths triggers Pacific seabed mining project near Guam – Radio Free Asia

North Korean hackers offer $70,000 per month to act as front – Radio Free Asia

Private jet companies battle for biggest spending customers at Masters

Amazon Launches Masters Golf Coverage as Fourth Media Partner

American Airlines Makes Baggage Fees Even More Expensive for Basic Economy

DOJ investigates NFL over media rights, antitrust issues

Disney plans to cut up to 1,000 employees

Democrats will act to force Pete Hegseth out

Epstein survivors denounce Melania Trump’s performative press conference

Thomas Massie, Jeffrey Epstein and the biggest sign yet that Trump and MAGA are dead

House Democrats accelerate efforts to impeach Trump

Trump’s Iran ceasefire collapses

Investigation details Webloc, an advertising-based geosurveillance system providing access to a constantly updated stream of recordings from up to 500 million mobile devices (The Citizen Lab)

How AI is transforming golf: Optimizing course operations, virtual assistants managing tee time reservations, and AI instructor apps improving player performance (Bradley S. Klein/Wall Street Journal)

Alat, a $100 billion PIF-backed electronics manufacturing fund in Saudi Arabia, has removed its CEO Amit Midha; sources say he abandoned plans to invest in chip production (Matthew Martin/Semafor)

U.S. CFTC says a district court judge has granted its request for a temporary restraining order barring Arizona from pursuing its criminal case against Kalshi (Jack Queen/Reuters)

Amazon Luna drops support for third-party game purchases, game stores and subscriptions; Previously purchased games will be available until June 10 (Michael Kan/PCMag)

Browsing: billion

Alat, a $100 billion PIF-backed electronics manufacturing fund in Saudi Arabia, has removed its CEO Amit Midha; sources say he abandoned plans to invest in chip production (Matthew Martin/Semafor)

OpenAI supports an Illinois bill protecting AI labs from liability, even for “critical harms,” such as more than 100 deaths or more than $1 billion in damages, if safety reports were released (Maxwell Zeff/Wired)

Annual Letter: Andy Jassy says AWS AI revenue hit an annual run rate of $15 billion starting in the first quarter, and Amazon plans to spend about $200 billion in capital spending in 2026 (Todd Bishop/GeekWire)

Anthropic completes employee tender offer at a valuation of $350 billion, short of the $6 billion investors sought because employees held shares before the IPO (Bloomberg)

Los Angeles-based Hermeus, which aims to build unmanned hypersonic fighter jets, has raised $200 million led by Khosla Ventures and $150 million in debt at a $1 billion valuation (Sean O’Kane/TechCrunch)

Anthropic plans to invest $200 million in a new venture with private equity firms to sell AI tools to their portfolio companies; it is in talks to raise $1 billion for the effort (Wall Street Journal)

Medvi, glorified by the New York Times as a two-employee startup with more than $1 billion in revenue, is a warning about how AI can be misused for shady business and marketing practices (Gary Marcus/Marcus on AI)

Docs: Israeli AI chip startup Hailo pursues urgent IPO via SPAC merger for valuation below $500 million; it was last valued at $1.2 billion in 2024 (Meir Orbach/CTech)

Sources: SpaceX offers $2 trillion-plus valuation to potential investors in IPO; SpaceX’s acquisition of xAI would have valued the combined company at $1.25 billion (Bloomberg)

Official data shows that Indian smartphone exports reached $11 billion in the first half of fiscal 2026, up 55% year-on-year; analysts warn Iran war could trigger 22-25% decline in coming weeks (Quratulain Rehbar/Nikkei Asia)