All articles tagged with #funding
Originally Published 2 days ago — by abcnews.go.com
The Washington National Opera is ending its partnership with the Kennedy Center due to financial and operational disagreements, aiming for an amicable transition and relocating performances to new venues.
Originally Published 2 days ago — by PBS
The UN Secretary-General stated that the US has a legal obligation to pay its dues to UN agencies despite the Trump administration's decision to withdraw support from over 30 initiatives, including climate and humanitarian programs, which has caused concern among UN officials and diplomats.
Originally Published 5 days ago — by Financial Times
Elon Musk's artificial intelligence company xAI has successfully raised $20 billion in a funding round, which has doubled its valuation, highlighting strong investor confidence in Musk's AI ventures.
Originally Published 5 days ago — by CNBC
Elon Musk's AI company xAI raised $20 billion from investors including Nvidia, Cisco, and Fidelity, valuing the startup at around $230 billion. The funding exceeds its initial target and highlights the booming AI industry, despite regulatory and ethical challenges. xAI is focusing on infrastructure in Memphis and has secured a deal with the Department of Defense.
Originally Published 5 days ago — by xAI
xAI successfully raised $20 billion in its Series E funding round, surpassing its $15 billion target, with major investors including NVIDIA and Cisco. The company is advancing its AI infrastructure with the world's largest GPU clusters, developing cutting-edge models like Grok 4 and Grok Voice, and expanding its user base to around 600 million. Future plans include launching new AI products and expanding its infrastructure to transform various aspects of life and work.,
Originally Published 6 days ago — by House Committee on Appropriations (.gov)
The House Appropriations Committee released a bipartisan, bicameral three-bill package for FY2026 funding, focusing on energy, law enforcement, infrastructure, and resource management, emphasizing transparency, fiscal responsibility, and national security, with no poison pills and maintained legacy riders.
Originally Published 6 days ago — by U.S. Department of Education (.gov)
The U.S. Department of Education has allocated $169 million through the Fund for the Improvement of Postsecondary Education to support innovative projects in AI, civil discourse, accreditation reform, and workforce-aligned short-term programs, aiming to enhance teaching, learning, and student success in higher education.
Originally Published 7 days ago — by Daily Kos
A cartoon by Pedro Molina humorously highlights the importance of community support for the Daily Kos, emphasizing that their existence relies on reader contributions to sustain their work.
Originally Published 11 days ago — by The Guardian
A US appeals court allowed the Trump administration to end Medicaid funding for Planned Parenthood in 22 states, amid ongoing legal battles over the legality of the provision that restricts reimbursements for organizations providing reproductive health services, potentially leading to the closure of many clinics and reduced access to care.
Originally Published 11 days ago — by ABC News
A federal judge blocked the White House's attempt to stop funding the Consumer Financial Protection Bureau, ensuring its employees continue to be paid, despite legal arguments that the Fed's current losses mean the bureau has no funds. The case centers on whether the White House can effectively shut down the CFPB by halting its funding, with the judge ruling that the agency must continue to receive funds from the Federal Reserve.
Originally Published 12 days ago — by The Guardian
A federal judge ordered the Trump administration to continue funding the Consumer Financial Protection Bureau, ruling that attempts to starve the agency of funds were unlawful and based on invalid legal reasoning, ensuring its operations continue amid ongoing legal battles.
Originally Published 12 days ago — by AP News
A federal court blocked the White House's attempt to defund the Consumer Financial Protection Bureau by arguing that the agency must continue to receive funding from the Federal Reserve, despite the Fed operating at a loss, preventing potential layoffs and shutdown of the bureau.
Originally Published 12 days ago — by U.S. Department of Labor (.gov)
The U.S. Department of Labor announced $98 million in funding through the YouthBuild Program to support pre-apprenticeships in high-demand industries like construction, manufacturing, IT, and healthcare, aiming to provide young people with skills training and employment opportunities, with a focus on increasing apprenticeship participation and incorporating AI literacy.
Originally Published 12 days ago — by CNBC
A federal judge ruled that the Trump administration must fund the Consumer Financial Protection Bureau, rejecting claims that it cannot legally do so, as the agency faces potential funding exhaustion and legal challenges to its operations.
Originally Published 13 days ago — by The White House (.gov)
The Trump Administration announced a historic $50 billion investment in rural health care through the Rural Health Transformation Program, with funding allocated to all 50 states over five years, aiming to improve access, modernize facilities, and deploy innovative care models.