Trump Campaign's Financial Advantage Short-Lived as Democrats Surge with $100M Funds

Donald Trump and the RNC gained a financial edge over Democrats by June, but a historic fundraising surge followed Biden's withdrawal and endorsement of Kamala Harris.


Tractor Drone Maker Monarch Reveals $133 Million Series C Funding

Monarch Tractor CEO Praveen Penmetsa recently announced that it has raised $133 million through its Series C funding...

Anthropic, Menlo Launches $100M Fund To Invest in AI Startups

In addition to funding, selected AI entrepreneurs will also be given access to a network of investors as well as advanced AI research and tools...

Poland Inches Into War Footing as It Allots 5% of 2025 GDP on Defense

Polish Foreign Minister Radoslaw Sikorski announced that it was planning to spend 5% of its gross domestic product on defense by 2025...


Latest News

Ex-Tesla Board Member Criticizes Increase in Elon Musk's Salary
Former Tesla board member and clean technology venture capitalist Steve Westly said that he is siding with current board members plotting a coup against the move to increase Elon Musk’s pay package to
JPMorgan to Expand Use of AI Tool 'Moneyball' to Enhance Investment Decisions
JPMorgan will expand the use of its generative AI tool "Moneyball" later this year to help portfolio managers make better investment decisions and avoid mistakes.
Saudi Arabia Funds China's AI Startup to Compete With OpenAI
A Saudi Arabian fund has become the sole foreign investor in China's generative artificial intelligence sector, supporting the country's efforts to rival industry leader OpenAI.
Russian Firms Turn to Cryptocurrency for Cross-Border Transactions with China Amid Sanctions
Russian firms increasingly use cryptocurrencies, such as Tether's USDT stablecoin, for cross-border transactions with Chinese partners to circumvent financial difficulties stemming from international
Elon Musk's xAI Valued at $24 Billion After Securing New Funding to Compete Against OpenAI
Elon Musk's AI startup xAI has successfully secured $6 billion in series B funding, propelling its post-money valuation to an impressive $24 billion.
China’s ‘Big Fund’ Launches 3rd Local Chip Industry Funding Worth $47.5 Billion
China launched the third phase of its ‘Big Fund’ program supporting local semiconductor manufacturers with an estimated value of $47.5 billion.
Alibaba Says It Considers Selling Convertible Bonds to Raise $5 Billion, Then Its Hong Kong Shares Suddenly Dropped
Hong Kong-listed shares of Alibaba dropped more than 5% on Thursday after news broke that the Chinese e-commerce giant was considering issuing convertible notes to get $5 billion.
Melinda Gates Invests in Female-Led Startups to Overcome 'Bro Culture' in Tech
Melinda French Gates revealed that she left the Gates Foundation to focus on empowering women leaders and combating tech's male-dominated culture, drawing from her four decades of experience at Micros
Pfizer Unveils Multi-Year Cost-Cutting Plan to Offset Plummeting COVID-19 Vaccine Sales
Pfizer has announced a multi-year cost-cutting program focusing on operational efficiencies, network structure changes, and product portfolio enhancements, aiming to save $1.5 billion by 2027 amidst d
China To Invest Billions in a Government-Backed AI Model Based on Xi Jinping's Thoughts
China will invest billions in the Cyberspace Administration's language model, based on Xi Jinping's ideology. They boast that it is more "secured and reliable" as ChatGPT remains inaccessible in China
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