U.S. Launches $5 Billion AI Initiative to Accelerate Scientific Research
The Trump administration has announced a $5 billion initiative to tackle long-standing scientific challenges using artificial intelligence across multiple fields. The program will involve 15 federal agencies, including the Departments of Health and Human...
House Passes Stopgap Bill to Avoid U.S. Government Shutdown
The Republican-controlled U.S. House of Representatives on Tuesday passed a short-term funding measure aimed at preventing a government shutdown by extending federal agency funding through December 4. The temporary spending bill, known as a...
Trump Administration Pauses $1 Billion in Medicaid Payments to California, Minnesota
The Trump administration has temporarily halted nearly $1 billion in federal Medicaid payments to California and Minnesota, citing suspected fraud and noncompliance. U.S. Health Secretary Robert F. Kennedy Jr. announced the move alongside Centers...
US Judge Temporarily Blocks Trump Administration From Restricting Work Permits for TPS Holders
A U.S. federal judge has temporarily blocked the Trump administration from enforcing new immigration policies that would have stripped tens of thousands of asylum seekers and immigrants with Temporary Protected Status (TPS) of their...
Novo Nordisk Sues Eli Lilly Over Weight-Loss Drug Advertising
Novo Nordisk has filed a lawsuit against rival Eli Lilly in a U.S. federal court, accusing the American pharmaceutical company of misleading advertising by claiming its weight-loss drugs outperform Novo’s treatments. The lawsuit, filed...
Judge Approves Anthropic’s $1.5 Billion AI Copyright Settlement
A U.S. federal judge in San Francisco has granted final approval to Anthropic’s landmark $1.5 billion settlement in a class-action copyright lawsuit brought by a group of authors who accused the artificial intelligence company...
MAGA Inc Crosses $400 Million Ahead of U.S. Midterms
MAGA Inc, the principal super political action committee supporting U.S. President Donald Trump, has accumulated more than $400 million in campaign funds as Republicans prepare for the November midterm elections. A filing with the...
Trump Administration Weighs Cutting Ties with U.N. Refugee Agency
The Trump administration has recently considered ending its relationship with the United Nations High Commissioner for Refugees (UNHCR), according to sources familiar with the discussions. Diplomats and U.N. officials reportedly launched a lobbying effort...
CuspAI Raises $450 Million to Accelerate AI-Driven Materials Discovery
British artificial intelligence startup CuspAI has raised $450 million in a Series B funding round led by Kleiner Perkins and NEA, reaching a valuation of $2.6 billion. The round attracted major investors including the...
Jersey Mike’s Targets Nearly $8 Billion Valuation in U.S. IPO
Sandwich chain Jersey Mike’s Subs is aiming for a valuation of up to $7.94 billion in its U.S. initial public offering (IPO), testing investor demand for restaurant stocks amid a recovering market for new...