March 28, 2024
Investment

Amazon Expands Investment in AI Firm Anthropic to $4 Billion

Amazon made an additional $2.75 billion investment in Anthropic, bringing its total investment in the artificial intelligence company to $4 billion. The new investment joins the initial investment of $1.25 billion that Amazon made in September and completes the commitment the company promised at that time to invest up to $4 billion, according to a Wednesday (March 27) press release.

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Investment

Opinion | Why stock market stars are at odds with real world’s investment needs

We should be asking much deeper questions now than simply about whether and when another stock market bubble burst might come. We should be re-examining the role of private and public sectors in allocating financial resources to the global economy. Failure to do this could result in a dramatic rise in tax rates around the

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Investment

IGC Invest returns to Frankfurt, Germany on 25-26 June 2024

IGC Invest in Frankfurt, Germany on 25-26 June 2024 After its success in recent years, IGC Invest is back in Frankfurt, Germany on 25-26 June 2024 to address financial challenges and opportunities in geothermal. When talking to project participants in the geothermal energy sector, there is one topic in particular that cannot be avoided: financing.

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Funds

CT seeks to fund teachers’ project proposals with $4M investment

Kate Dias, president of the largest teachers union in the state, the Connecticut Education Association, this week recalled a time in her teaching career when she bought Barbie dolls to make a lesson more engaging. One of her colleagues, she said, used Play-Doh to help create calculus models. For both projects, the money to purchase

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Investment

Largest recycling investment in 30 years benefits MI organizations, tribes

LANSING, Mich. — Reduce, reuse and recycle — that’s a mission for the United States Environmental Protection Agency (EPA). The EPA announced its largest recycling investment in 30 years this past November, placing funding in the hands of Michigan tribes and the Michigan Recycling Coalition. FOX 17 spoke with Nena Shaw, the Director of the

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Crypto

HashKey claims ‘unicorn status’ after raising US$100 million for one of Hong Kong’s two licensed cryptocurrency exchanges

HashKey Group, the company behind one of Hong Kong’s two cryptocurrency exchanges approved to serve retail investors, said it raised nearly US$100 million in a funding round that valued it at more than US$1 billion, making it a so-called unicorn company. Existing and new investors took part in its new Series A round, giving HashKey

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Funds

Indian committee identifies underutilized funds meant to boost bulk dr

A high-level committee, established to spearhead India’s drive towards self-sufficiency in bulk drugs, has raised concerns about the substantial underutilization of allocated funds. Formed to reduce dependence on Chinese imports, the high-powered committee has urged the government to allocate additional funds for new initiatives. While expressing appreciation for the government’s efforts in implementing the ‘Promotion

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Investment

Raising the roof: These were the top 5 investment rounds raised by Houston startups in 2023

Editor’s note: As 2023 comes to a close, InnovationMap is looking back at the year’s top stories in Houston innovation. When it came to the money raised in Houston, these five startups raised the most, according to reporting done by InnovationMap. Be sure to click on each story to read the full article. Axiom Space’s

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