OpenAI and Softbank are starting a $500 billion AI data center company Image: The White House (YouTube)A plan to build a system of data centers for artificial intelligence has been revealed in a White House press conference, with Masayoshi Son, Sam Altman, and Larry Ellison joining Donald Trump to announce The Stargate Project. Their companies, Softbank, OpenAI, and Oracle (respectively), along with MGX are listed …

Amid Drake Legal War, Kendrick Lamar’s “Not Like Us” Hits 1 Billion Streams on Spotify submitted by /u/MarvelsGrantMan136

Elon Musk Plans To Cut $120 Billion In Federal DEI Initiatives Good morning! It’s Friday, January 17, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more…

Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case Hino Motors, a Toyota subsidiary, will plead guilty to conspiracy charges and pay penalties for deceiving regulators about its diesel engines, the E.P.A. said.

Toyota Truck Unit Hino Slapped With $1.2 Billion Fine After Yet Another Diesel Emission Scandal Good morning! It’s Thursday, January 16, 2025, and this is The Morning Shift, your daily roundup of the top automotive headlines from around the world, in one place. Here are the important stories you need to know. Read more…

Energy Dept. Offers Utilities $22 Billion to Reshape U.S. Power Grids The loan guarantees are one of the final attempts by the outgoing Biden administration to encourage power companies to cut emissions while trying to keep rates down.

Phone Startup Nothing Raises Funding, Crosses $1 Billion in Lifetime Sales submitted by /u/FragmentedChicken

TikTok’s U.S. operations could be worth as much as $50 billion if ByteDance decides to sell Business moguls should be prepared to spend tens of billions of dollars for TikTok’s U.S. operations should parent company ByteDance decide to sell.

Nvidia-backed AI video platform Synthesia doubles valuation to $2.1 billion Synthesia CEO Victor Riparbelli told CNBC his company isn’t “dependent” on venture capital, unlike companies such as OpenAI and Anthropic.

Capital One Is Accused of Cheating Customers Out of $2 Billion Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.

New Jersey Upset Over Missing Slice Of NYC’s $15 Billion Congestion Pricing Pie After Failing To Stop Tolls It’s been a week since the implementation of congestion pricing in New York City. The entire state of New Jersey fought tooth and nail against the daily $9 fee to drive into Manhattan’s tolled area, and now Jersey City’s mayor, Steven Fulop, is proposing “reverse congestion pricing,” charging New York drivers for… Read more…

Rage Against The Machine’s ‘Killing In The Name’ Surpasses One Billion Streams On Spotify submitted by /u/Puzzleheaded-Dig7475

The $34 Billion Collapse: How Brazil’s Richest Man Lost Everything – The Story of Eike Batista submitted by /u/bfcrew

Who Is Hussain Sajwani, the Developer Behind Trump’s $20 Billion Data Center Pledge? Hussain Sajwani, the founder and chairman of DAMAC Properties of Dubai, built the first Trump-branded golf course in the Middle East a decade ago.

Trump Blurs Lines in $20 Billion Data Center Announcement and Other Deals Even before the start of the new administration, there has been repeated blurring of lines between the federal government efforts and Trump family businesses.

Microsoft expects to spend $80 billion on AI-enabled data centers in fiscal 2025 Over half of Microsoft’s $80 billion in spending will take place in the U.S., Microsoft Vice Chair and President Brad Smith wrote in a Friday blog post.

State Dept. Tells Congress It Plans to Send $8 Billion in Arms to Israel The arms transfer could be the final one the Biden administration provides to Israel. President Biden has largely ignored critics of Israel’s war in Gaza who have urged a halt to weapons aid.

Winning $1.22 Billion Mega Millions Ticket Sold in California The identity of the jackpot winner was not immediately known, but lottery officials in California are expected to reveal it.

Do Kwon will be extradited to the US to face charges over Terra’s $40 billion crypto crash Image: GettyDo Kwon, the co-founder of the collapsed cryptocurrency firm Terraform Labs, will be extradited to the US to face federal fraud charges, as reported earlier by Bloomberg. The Montenegro Ministry of Justice announced the decision on Friday, which comes more than one year after the authorities arrested Kwon in the country. Kwon faces c…

Sports Streamer DAZN Acquires Foxtel From Rupert Murdoch’s News Corp, Telstra In $2.2 Billion Deal submitted by /u/NoCulture3505