
After Musk slashed the money, Trump wants to send the money to US taxpayers as a special subsidy of 20% of the federal spending cut by DOGE, and may set aside another 20% to pay down the federal debt. Click to view...
President Trump: Could cut defense spending in half.
President Trump has said he could cut defense spending in half.
After spending $5.60 billion in cash last year, Anthropic said it would cut that by nearly half by 2025 and expects to make as much as $3.70 billion this year as it catches up with OpenAI, two people familiar with the matter said. Anthropic also expects its revenue to grow to $34.50 billion by 2027.
Federal Reserve Chairperson Jerome Powell said that even if the Department of Government Efficiency cuts spending by $1 trillion, it's hard to tell how that will affect the economy.
In a new report, PitchBook reveals that crypto venture capital spending continues to remain low at the end of 2024. Deal value jumped to $2.40 billion in the final quarter of 2024, up 13.6 percent from the third quarter, but the number of deals fell from 411 to 351. PitchBook says that while the rebound in funding indicates that investors are still willing to back established teams and differentiated technologies, the continued pullback in deal numbers highlights the increasing selectivity of in...
A trader previously spent 5,089 BNB (about $3.17 million) to buy 16.25 million TSTs at an average price of $0.195.
The monthly rate of construction spending in the United States in December was 0.5%, and the previous value was revised from 0.00% to 0.2%.
There are media reports today that ByteDance's capital expenditure in 2025 will exceed 150 billion yuan, mainly for artificial intelligence. The relevant person in charge of ByteDance told reporters that the information is false. (21st Century Business Herald)