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Bill Gates-Backed Breakthrough Energy Halts New Investment, Lays Off Staff
Breakthrough Energy, the Bill Gates-backed group that bankrolls climate tech, has stopped making new investments from one of its key funds to scale up nascent green technologies.
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Anthropic To Shoulder Some Costs As Data Center Expansions Threaten High Power Bills
Artificial intelligence company Anthropic announced initiatives to limit the impact of data centers on consumer energy prices amid increased investment in power-hungry infrastructure necessary for AI tech.
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The AI Bubble Question: What Is It and Should You Be Worried About an Implosion?
Record AI investment and infrastructure spending have sparked debate over a potential bubble. While leaders like Sam Altman and Sarah Friar point to adoption and momentum, figures such as Bill Gates, Demis Hassabis and Bridgewater Associates warn of overvaluation and risk. Surging deals, high commitments and revenue gaps underpin the scrutiny as ma...
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Cabinet Approves Bill To Raise Foreign Direct Investment In Insurance Sector To 100%
Finance Minister Nirmala Sitharaman had proposed to raise the foreign investment limit to 100 per cent from the existing 74 per cent in the insurance sector.
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NBA Approves 6.1 Billion USD Sale Of Boston Celtics
The NBA on Wednesday approved the sale of the Boston Celtics to an investment group led by Bill Chisholm, five months after the deal worth a then-record $6.1 billion was agreed.
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Invest Rs 2,000 Today To Avoid Rs 2 Lakh Hospital Bills: Health Tests Every Indian Should Take
According to nutritionist Rashi Chowdhary, Vitamin D deficiency affects more than 80% of Indians; testing and proper intake can significantly improve health.
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Trump Accounts Explained: Who's Eligible, How Much And When Can One Withdraw
Every baby born in the US between January 1, 2025 and December 31, 2028, will be seeded with a one-time $1,000 contribution from the government into an investment account.
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Trump's Big Bill Cuts Clean Energy Tax, Residential Solar To Get Hit Fast
The bill in the Housetakes anaxto clean energy incentives, including killing a 30% tax credit for rooftop residential solar by the end of the year that the Biden administration'sInflation Reduction Acthad extended into the next decade.
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19 US Employees Become Millionaires After CEO Sells Company Stake For $1 Billion
Bill Phelps, the CEO of Dave's Hot Chicken and former CEO and co-founder of Wetzel's Pretzels, recently revealed that he turned 19 of his employees into millionaires after selling a majority stake to a private equity firm for close to $1 billion.
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Parliament Budget Session Highlights: Parliament Passes Bill To Amend Law Governing Oilfields Development
Parliament on Wednesday passed a bill that seeks to amend the existing law governing exploration and production of oil and gas as well as delink petroleum operations from mining operations to boost investment in the sector.
-
Bill Gates-Backed Breakthrough Energy Halts New Investment, Lays Off Staff
Breakthrough Energy, the Bill Gates-backed group that bankrolls climate tech, has stopped making new investments from one of its key funds to scale up nascent green technologies.
-
Anthropic To Shoulder Some Costs As Data Center Expansions Threaten High Power Bills
Artificial intelligence company Anthropic announced initiatives to limit the impact of data centers on consumer energy prices amid increased investment in power-hungry infrastructure necessary for AI tech.
-
The AI Bubble Question: What Is It and Should You Be Worried About an Implosion?
Record AI investment and infrastructure spending have sparked debate over a potential bubble. While leaders like Sam Altman and Sarah Friar point to adoption and momentum, figures such as Bill Gates, Demis Hassabis and Bridgewater Associates warn of overvaluation and risk. Surging deals, high commitments and revenue gaps underpin the scrutiny as ma...
-
Cabinet Approves Bill To Raise Foreign Direct Investment In Insurance Sector To 100%
Finance Minister Nirmala Sitharaman had proposed to raise the foreign investment limit to 100 per cent from the existing 74 per cent in the insurance sector.
-
NBA Approves 6.1 Billion USD Sale Of Boston Celtics
The NBA on Wednesday approved the sale of the Boston Celtics to an investment group led by Bill Chisholm, five months after the deal worth a then-record $6.1 billion was agreed.
-
Invest Rs 2,000 Today To Avoid Rs 2 Lakh Hospital Bills: Health Tests Every Indian Should Take
According to nutritionist Rashi Chowdhary, Vitamin D deficiency affects more than 80% of Indians; testing and proper intake can significantly improve health.
-
Trump Accounts Explained: Who's Eligible, How Much And When Can One Withdraw
Every baby born in the US between January 1, 2025 and December 31, 2028, will be seeded with a one-time $1,000 contribution from the government into an investment account.
-
Trump's Big Bill Cuts Clean Energy Tax, Residential Solar To Get Hit Fast
The bill in the Housetakes anaxto clean energy incentives, including killing a 30% tax credit for rooftop residential solar by the end of the year that the Biden administration'sInflation Reduction Acthad extended into the next decade.
-
19 US Employees Become Millionaires After CEO Sells Company Stake For $1 Billion
Bill Phelps, the CEO of Dave's Hot Chicken and former CEO and co-founder of Wetzel's Pretzels, recently revealed that he turned 19 of his employees into millionaires after selling a majority stake to a private equity firm for close to $1 billion.
-
Parliament Budget Session Highlights: Parliament Passes Bill To Amend Law Governing Oilfields Development
Parliament on Wednesday passed a bill that seeks to amend the existing law governing exploration and production of oil and gas as well as delink petroleum operations from mining operations to boost investment in the sector.
