Tag: In Brief

OpenAI reportedly raises an additional $11 billion at a $1.25 trillion valuation

OpenAI has reportedly raised $11 billion so far in a new funding round that values the AI lab at...

Pentagon offers battery startup 6K $250M loan to build US factory

Batteries are everywhere, even on the battlefield, which helps explain the Pentagon’s recent interest in building more domestic manufacturing...

Fox completes its $22B acquisition of Roku

Fox has completed its $22 billion acquisition of Roku, wrapping up one of the biggest media deals in recent...

The New York Times reportedly in talks to buy Letterboxd for $330 million

The New York Times Company has reportedly “entered exclusive negotiations” to acquire Letterboxd for $330 million, according to a...