tldrdaily.news logo
Tag

Funding

All articles tagged with #funding

Yann LeCun’s AMI Secures $1B to Build AI World Models
technology3 days ago

Yann LeCun’s AMI Secures $1B to Build AI World Models

Yann LeCun’s new Paris-based startup AMI has raised over $1 billion (valuing the company at about $3.5 billion) to develop AI world models that understand and reason about the physical world, with global offices and investors including Cathay Innovation, Greycroft, Bezos Expeditions, Mark Cuban, and Eric Schmidt. AMI plans open-source technology, enterprise collaborations (e.g., Toyota, Samsung), and a long-term goal of a universal world model, positioning itself against the LLM-centric path to AI while LeCun remains a NYU professor and AMI’s leader.

via WIRED|
#ai#funding#startups
NetEase Drops Funding Threatening Nagoshi's Gang of Dragon PS5 Project
business6 days ago

NetEase Drops Funding Threatening Nagoshi's Gang of Dragon PS5 Project

NetEase plans to pull funding from Nagoshi Studio's PS5 game Gang of Dragon, a Yakuza-inspired title, after a strategic shift; employees were informed that funds will stop in May. The project reportedly needs about ¥7 billion ($44 million) to finish, and while NetEase isn’t opposed to independent development, the publisher would require repayment for work already completed. A new publisher could potentially salvage the project, but the odds look uncertain unless someone steps in.

via Push Square|
#business#funding#gang-of-dragon
politics7 days ago

GOP braces for costly funding fight over Trump’s Middle East war

Republican leaders in Congress are preparing for a potentially multibillion-dollar funding package for the Iran-focused war in the Middle East, spurred by closed-door briefings showing rapid munition expenditure and no end date. Some GOP lawmakers want an emergency, offsetting bill, while others caution against unfunded spending, risking a messy internal fight at next week’s policy retreat as the administration seeks funding and lawmakers weigh broader defense reforms.

via Politico|
#congress#defense#funding
politics8 days ago

Democrats weigh billions in emergency funding for Iran conflict as White House seeks aid

Democrats are debating whether to back a multibillion-dollar emergency defense package to replenish munitions amid Trump’s Iran offensive, with some urging caution and others signaling openness. A White House request could reach about $50 billion and would need at least seven Democrats to overcome a Senate filibuster, risking an internal party clash as lawmakers consider tying aid to Ukraine, disaster relief, or other priorities while demanding more transparency on goals, planning, and the endgame of the conflict.

via Politico|
#defense#democrats#funding
politics9 days ago

Lawmakers Brace for Emergency Funding as Iran War Goes Open-Ended

Lawmakers who attended classified briefings expect President Trump to request an emergency supplemental for the Iran war, amid descriptions of a vast, open-ended military operation. While some Republicans anticipate support, Democrats say they need more details on goals and endgame before approving new Pentagon cash. Any supplemental would come on top of hundreds of billions already approved this year, including about $150 billion in recent funding and roughly $839 billion in regular defense spending, with officials indicating a fuller spending package is forthcoming as the administration faces questions about planning and strategy.

via Politico|
#congress#funding#iran
Mamdani Begins NYC's 2-K Rollout with 2,000 Free Seats
us-politics10 days ago

Mamdani Begins NYC's 2-K Rollout with 2,000 Free Seats

New York City Mayor Zohran Mamdani announced the first 2,000 seats of a free universal 2-year-old child care program (2-K), to be rolled out this fall across four boroughs in neighborhood clusters including Canarsie, Washington Heights, Fordham and the Rockaways. The aim is to expand to about 12,000 seats next fall and 55,000 once fully built, with state funding from Gov. Hochul for the initial year; however, long-term funding, worker pay, and staffing costs remain unresolved as the city scales up universal access.

via The New York Times|
#2-k#funding#mamdani
Democrats Bet on War Powers Vote to Shape Iran Policy and Funding
politics11 days ago

Democrats Bet on War Powers Vote to Shape Iran Policy and Funding

Democrats expect a symbolic Senate vote to constrain President Trump’s Iran strikes via a War Powers Resolution, setting the stage for a potentially larger fight over funding for the operation. The move is seen as a party-line test of process, with Democrats broadly backing it and Republicans leaning against, though a few centrists remain undecided. A possible supplemental funding package could follow, signaling broader foreign-policy disagreements as lawmakers weigh accountability, costs, and U.S. involvement in the Middle East.

via Axios|
#democrats#funding#iran
politics12 days ago

Iran strikes become leverage for GOP push on DHS funding without reforms

Republicans are leveraging Iran’s strikes to push the House and Senate to quickly fund the Department of Homeland Security, arguing that homeland security should be funded now and should take precedence over Democrats’ reform demands (like changes to ICE/CBP). The GOP plans another DHS funding vote this week as negotiations continue, while Democrats insist any funding should accompany policy reforms and remain wary of a potential shutdown amid the ongoing dispute.

via Politico|
#congress#dhs#funding
DOE Boots Up $171.5M to Scale U.S. Geothermal Testing and Drilling
energy16 days ago

DOE Boots Up $171.5M to Scale U.S. Geothermal Testing and Drilling

The U.S. Department of Energy is awarding $171.5 million in a funding opportunity to support next‑generation geothermal field‑scale tests for electricity generation and exploration drilling to validate promising geothermal prospects. The first round will open with two topics focused on enhanced geothermal systems and hydrothermal resource characterization/confirmation. DOE says the effort could unlock large geothermal potential—up to about 300 GW by 2050—and is part of President Trump’s energy agenda; letters of intent are due March 27, 2026, with full applications due April 30, 2026.

via Department of Energy (.gov)|
#doe#energy#energy-policy
Trump Admin Withholds $259M Minnesota Medicaid Over Fraud Concerns
politics16 days ago

Trump Admin Withholds $259M Minnesota Medicaid Over Fraud Concerns

The Trump administration has paused $259 million in Minnesota's Medicaid funding, saying the state must address fraud allegations before funds are released. The move follows prior freezes of child care and social-services funds in Minnesota and other Democratic-led states. CMS officials claim scammers hijacked parts of the program, though Minnesota officials dispute the scope of fraud. Gov. Walz has 60 days to present a corrective action plan, and the administration signaled similar actions could target other states.

via MS NOW|
#fraud#funding#medicaid