Donald Trump says he’s managed to pull together almost half a billion dollars to pay his eye-watering appeal bond owed to New York state after he and his companies were found liable for fraud. The GOP’s presumptive nominee claimed in recent legal filings that he hasn’t been able to secure more than $460 million required … Read more
Pinterest announced a new ad deal with Google as the company aims to ramp up its ad revenue. Google is the social platform’s second third-party ad partner after Amazon signed a multiyear deal with Pinterest last year. The company talked about the Google partnership during the earnings call for Q4 2023, where it posted results … Read more
Tesla will spend $500 million to build one of its so-called “Dojo” supercomputers at its Buffalo, New York factory, the state’s governor Kathy Hochul said Friday during a news conference just days after CEO Elon Musk called the project a “long shot.” Tesla’s decision was “informed by New York’s reliable power supply, strong talent pipeline and … Read more
German AI start-up Aleph Alpha has raised a Series B funding round of $500 million from a consortium of seven new investors, as well as existing investors from previous rounds. Founded in 2019, Aleph Alpha’s funding may be dwarfed by that of Microsoft-backed OpenAI ($11.3B), but the startup makes great play of the fact that … Read more