Funding

A US scheme to pay carriers and ISPs to remove Huawei and ZTE equipment from their networks is stalled owing to a $3 billion financing gap.

The Affordable Connectivity Program's (ACP) funding is declining, leaving New Yorkers wondering how they will afford broadband internet in their homes...

BlackRock and Saudi Arabia's PIF launched BRIM, a $5 billion investment platform in Riyadh. The platform aims to boost foreign investment, support local markets, and foster economic transformation...

Ryan Reynolds and Rob McElhenney, known for owning Wrexham AFC, have acquired a stake in Mexican soccer team Club Necaxa...

NEOM, a subsidiary of Saudi Arabia's sovereign wealth fund, secures ne...

The OpenAI Startup Fund has quietly concluded a $15 million funding ro...

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The National Science Board proposes $1.6 billion for a new "extremely large telescope" amid deliberations over two competing proposals.

Elon Musk has announced he will not donate to US presidential candidates Donald Trump or Joe Biden following reports on a weekend meeting with Trump and other wealthy Republican contributors.

Grayscale introduces the Grayscale Dynamic Income Fund, which will integrate assets from nine blockchains and award US dollars every three months.

BAE systems saw a spike in their profits in 2023 alone, amounting to $27.3 billion as a weapons manufacturer amid war in Ukraine and Gaza.

President Joe Biden reportedly wants to cut the number of F-35 jets the Pentagon will buy next year.

The leaders of the 27 European Union (EU) countries agreed on Thursday to give Ukraine a new $54 billion aid package after Hungary gave in not to veto the move.

Planet A Foods has raised $15.4 million in Series A funding to expand the global presence of its cocoa-free chocolate brand.

SAP's shares soar high in the first quarter of 2024 after announcing the restructuring plans to adopt AI technology in its workforce.

Vertical Aerospace has secured new funding from its founder Stephen Fitzpatrick, who will invest $50 million to ensure that the flying taxi firm will still have cash until later this year.

Elon Musk took to social media to deny a report claiming that his AI startup, xAI, has secured $500 million in commitments from investors.

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Funding

FCC Faces Funding Shortfall in Effort to Remove Chinese Tech Giants Huawei, ZTE From Networks

Affordable Connectivity Program: Congress Fights to Refuel Low-Cost Broadband Program Amid Looming Expiration

BlackRock Joins Saudi PIF for $5B Investment in Riyadh's BRIM Platform

Ryan Reynolds and Rob McElhenney Jump Into Mexican Soccer With Investment in Necaxa

Saudi Arabia's NEOM Receives $2.67 Billion Worth of Financing Facility

OpenAI Startup Fund Raises $15 Million in New Funding as It Continues to Expand Its Investment in AI Ventures

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