Brussels begins decisive phase of negotiating shared budget Also in this newsletter: Hungary’s anti-graft pitch to unlock billions of euros #Brussels #begins #decisive #phase #negotiating

A 5-week course and a guaranteed job: Meta commits $115 million to solve the skilled-trades shortage stalling its AI build-out The investment is part of the company’s larger plan to spend $600 billion on its U.S. #week #course #and #guaranteed #job

Antonio Gracias, Elon Musk’s Friend, Is Set to Reap Billions From SpaceX’s IPO Antonio Gracias, an investor who has built a $65 billion stake in the company, exemplifies the economic upside of being Mr. Musk’s ally. #Antonio #Gracias #Elon #Musks #Friend

As per our latest research, the global SBOM Vulnerability Auto-Patcher market size stood at USD 1.42 billion in 2024. The market is expected to grow at a robust CAGR of 21.3% during the forecast period, reaching an estimated USD 9.23 billion by 2033. This rapid growth is fueled by the increasing need for automated vulnerability management solutions, stringent regulatory frameworks, and the rising adoption of Software Bill of Materials (SBOM) practices across industries. The surge in cyber threats and the necessity for real-time patching mechanisms are driving organizations to deploy advanced SBOM Vulnerability Auto-Patcher solutions globally. https://growthmarketreports.com/report/sbom-vulnerability-auto-patcher-market

AI giants head to Wall Street — but who controls the tech that shapes our world? | DW News Three American AI giants are racing toward Wall Street, each potentially worth hundreds of billions, if not more. For Europe, China, and the rest of the world, the question isn’t just who profits: it’s who controls the technology reshaping everything. #giants #head #Wall #Street #but

US Congress approves $70 billion bill to fund Trump’s immigration crackdown The US Congress on Tuesday passed a $70 billion funding bill for President Donald Trump's immigration agenda, sending the measure to the White House after months of partisan debate. The legislation allocates $38 billion for ICE, $26 billion for Border Patrol and $5 billion for contingency costs through fiscal 2029. #Congress #approves #billion #bill #fund

Sam Bankman-Fried formally files for pardon—but White House reiterates that FTX cofounder’s odds are slim After donating to the Democrats before his conviction, the onetime crypto billionaire has recently made overtures to the GOP. #Sam #Bankman #Fried #formally #files

Watchdog Group Skeptical of Vows to End Trump Administration’s $1.8 Billion Fund The group, Citizens for Responsibility and Ethics in Washington, doubled down on its request to a federal judge to issue a formal order stopping the fund from being set up. #Watchdog #Group #Skeptical #Vows #End

House Votes to Advance $70 Billion G.O.P. Immigration Bill The test vote cleared the way for final passage of Republicans’ megabill to fund immigration enforcement through the remainder of President Trump’s term. #House #Votes #Advance #Billion #GOP

41 million visitors “put off” holidaying in Europe if EES Border Delays Reach Three Hours New research commissioned by the World Travel & Tourism Council (WTTC) warns that prolonged border delays linked to the rollout of Europe’s new Entry/Exit System (EES) could put up to 41 million visitor arrivals and $45.4 billion in visitor spending at risk from four of Europe’s most important source markets. #million #visitors #put #off #holidaying

ChatGPT maker OpenAI confidentially files for IPO, a week after Anthropic The AI tech leader told investors it was planning to spend about $600 billion on AI infrastructure by 2030. #ChatGPT #maker #OpenAI #confidentially #files

The demographic crisis threatening China’s economy | DW News China has 1.4 billion people, but the number of births just plummeted to levels not seen since 1738. #The #demographic #crisis #threatening #Chinas

Jenn Landis rebuilt Citi’s Wall Street credibility. Her reward: CFO of a $22 billion business Landis, who spent five years leading investor relations, will become CFO of the Markets business effective early August. #Jenn #Landis #rebuilt #Citis #Wall

Elon Musk bullet-proofed his $1 trillion ‘Mars-shot’ pay at SpaceX after the epic battle over his $56 billion moonshot at Tesla The CEO will have almost complete control of his Texas-based space company, without colonizing Mars or building a single non-Earth data center. #Elon #Musk #bullet #proofed #his

Was kostet die Welt?: Der irre Börsenhype um SpaceX SpaceX hat die Raumfahrt revolutioniert. Jetzt will das Unternehmen an die Börse – und strebt bis zu 2 Billionen Dollar Börsenwert an. #Was #kostet #die #Welt #Der

Was kostet die Welt?: Der irre Börsenhype um SpaceX SpaceX hat die Raumfahrt revolutioniert. Jetzt will das Unternehmen an die Börse – und strebt bis zu 2 Billionen Dollar Börsenwert an. #Was #kostet #die #Welt #Der

Jamie Dimon called Elon Musk the ‘Edison of our time’ as JPMorgan hosted SpaceX’s $75 billion IPO road show—and even invited Musk’s mom Top bankers are lavishing praise on Musk ahead of his rocket company’s record-setting listing. #Jamie #Dimon #called #Elon #Musk

Is Albania being sold off? Protesters target Trump-linked resort | DW News Thousands of Albanians have taken to the streets to protest a proposed $1.6 billion luxury resort linked to Jared Kushner and Ivanka Trump. #Albania #being #sold #off #Protesters

Justice Dept. Promises to Drop $1.8 Billion Fund It was the department’s clearest statement to date that it was pulling back from a plan to use taxpayer money to make payments to people who claimed to have been politically persecuted. #Justice #Dept #Promises #Drop #Billion

Meta weighs big equity raising after blockbuster Google deal Facebook parent could sell tens of billions of dollars in new stock as it seeks to finance AI infrastructure #Meta #weighs #big #equity #raising

Trump Keeps Immunity from I.R.S. Audits, Even as $1.8 Billion Fund Falls Away Even as they rebelled against a $1.8 billion fund for President Trump’s allies, Republicans looked the other way as his administration granted him potentially lucrative tax protections. #Trump #Keeps #Immunity #from #IRS

Senate Passes $70 Billion G.O.P. Immigration Bill It was a victory for President Trump and his party, though the debate exposed fissures between Republican senators and Mr. Trump on a variety of issues. #Senate #Passes #Billion #GOP #Immigration

‘Big Tech is desperate’: Amazon engineers are calling out the tech giant for its $200 billion in data center spending after slashing 30,000 workers A group of Amazon employees spoke out against unfettered AI infrastructure expansion at a Seattle Land Use and Sustainability Committee hearing this week. #Big #Tech #desperate #Amazon #engineers

Viral videos mislead as Albania erupts against Kushner-linked luxury resort Thursday marked the fourth straight day of protests in Albania, that erupted over a proposed billion-dollar luxury resort backed by Jared Kushner, married to Donald Trump's daughter, Ivanka. Online though, false videos about the rallies are going viral, with internet users sharing dated and out of context footage misrepresented as the current demonstrations. #Viral #videos #mislead #Albania #erupts

20th Century's $3.2 Billion Franchise 'Ice Age' Returns in New Trailer The Blue Sky Studios produced series is finally coming back to the big screen. #20th #Centurys #Billion #Franchise #Ice

Will AUKUS nuclear sub deal provoke China? | DW News Australia has placed a massive bet on a long-term deal with the UK and US that is projected to cost $264 billion. The deal, better known as AUKUS for the countries involved, includes the stationing of US and British nuclear-powered attack submarines in Australia beginning in 2027, the transfer of US subs to Australia in the 2030s, and eventually the development by all three countries of an entirely new class of submarine in the 2040s. #Will #AUKUS #nuclear #sub #deal

What Suno’s $5.4 billion valuation says about the future of AI and music—and what remains uncertain From birthday songs to hospice tributes, Suno is finding real-world uses for AI-generated music. Whether that translates into a sustainable multibillion-dollar business is less clear. #What #Sunos #billion #valuation #says

Amazon and Google have billions riding on Anthropic. The IPO will finally reveal how much. Anthropic, valued at $965 billion, has filed confidentially for an IPO. Amazon and Google, two of its early backers, stand to be among the biggest winners #Amazon #and #Google #have #billions

Inside the $9 billion World Cup: How Gianni Infantino built a FIFA-dom with a tight grip on soccer’s biggest global event FIFA's president has vastly expanded its powers over the past decade, despite criticism of his tight control of the sport. #Inside #the #billion #World #Cup

The UK’s most successful hedge fund manager | FT #shorts How did Chris Hohn, founder of the Children’s Investment Fund, turn a handful of multibillion-dollar bets into one of the world's most successful hedge funds? Costas Mourselas examines the iron convictions behind his success — and how they are now increasingly being tested #shorts #shortsvideo #shortfeed #shortsviral #shortsyoutube #shortsvideos ► Enjoying FT content? #The #UKs #most #successful #hedge

SpaceX eyes $75 billion IPO, valuing company at $1.77 trillion SpaceX, Elon Musk’s rocket and satellite company, said on Wednesday it plans to raise about $75 billion in an initial public offering, valuing the company at $1.765 trillion. #SpaceX #eyes #billion #IPO #valuing

‘I Love It’: Trump Is Still in Favor of $1.8 Billion Payout Fund Todd Blanche, the acting attorney general, said on Tuesday that the administration was “not moving forward with the fund, period,” after the plan drew bipartisan backlash. #Love #Trump #Still #Favor #Billion

Who is Chris Olah? The atheist Anthropic cofounder the Pope chose to sit beside him at the Vatican and tell the tech industry it can’t govern itself The Anthropic cofounder is worth $8 billion and won a $100,000 Thiel Fellowship in 2012. #Who #Chris #Olah #The #atheist

Inside Alexandr Wang’s bid to revive Meta’s AI edge Muse Spark model has brought momentum, but doubts linger over whether billionaire prodigy can close the gap with rivals #Inside #Alexandr #Wangs #bid #revive

Justice Dept. Won’t Proceed With Trump’s $1.8 Billion Fund, Blanche Says The acting attorney general told lawmakers that he would leave in place an order forcing the I.R. #Justice #Dept #Wont #Proceed #With

Order Shielding Trump Family From I.R.S. Audits Will Remain, Blanche Says The acting attorney general said the administration was preserving a broad order shielding the president and his family from audits of already filed returns, despite dropping a $1.8 billion payout fund. #Order #Shielding #Trump #Family #From

Trump’s $1.8 Billion Fund Is ‘Not Moving Forward’ Also, California votes on its next governor. Here’s the latest at the end of Tuesday. #Trumps #Billion #Fund #Not #Moving

AI may already be adding hundreds of billions to the economy—without showing up in the data A new policy brief argues AI may already be adding hundreds of billions to the global economy—but official statistics aren’t built to see it. #may #already #adding #hundreds #billions

Shipping tycoon prefers $200,000 fee to cross Strait of Hormuz to ‘this hassle’ Paying a toll would be better than strategic waterway remaining closed, says billionaire football club owner #Shipping #tycoon #prefers #200000 #fee

Japanese tech giant pledges massive investment for French data centres Japanese SoftBank’s group announced 45 billion euros of investment in France by 2031 and the opening of three data centres. Data centre operators are choosing the country because it has space to expand and ample electricity thanks to its nuclear plants. #Japanese #tech #giant #pledges #massive

Anthropic’s confidential S-1 signals summer AI IPO race could heat up fast Anthropic, the $965 billion AI juggernaut, announced its confidential S-1 filing on Monday. #Anthropics #confidential #signals #summer #IPO

The U.S. and Europe feared the Iran conflict would curtail the Gulf’s appetite for global investments. The opposite is true The five biggest spenders–split across Saudi Arabia, the UAE and Qatar–collectively spent almost $26 billion during March, April and May. #The #and #Europe #feared #the

Mit Tesla und SpaceX: So wird Elon Musk zum Billionär Noch nie war ein Mensch so reich wie Elon Musk. Bald könnte der Unternehmer die Schwelle von einer Billion Dollar überschreiten. #Mit #Tesla #und #SpaceX #wird

Trump Backs Off Plan for $1.8 Billion Fund That Drew Political Backlash The fund has drawn backlash from critics who said it was a scheme to reward President Trump’s political allies with public benefits. #Trump #Backs #Off #Plan #for

Trump Backs Off Plans for $1.8 Billion Fund After Backlash Also, Serena Williams is making a comeback. Here’s the latest at the end of Monday. #Trump #Backs #Off #Plans #for

Cognizant CEO is swimming against the tide on AI: he’s hiring over 20,000 graduates this year and says AI tokenmaxxing is a ‘vanity metric’ Ravi Kumar S., CEO of $27 billion IT firm Cognizant, says AI won’t kill entry-level jobs—and companies obsessed with tokens are measuring the wrong thing. #Cognizant #CEO #swimming #against #the

Trump reconsiders $1.8 billion ally compensation fund amid Republican backlash President Donald Trump was said to be reconsidering a controversial $1.8 billion compensation fund on Monday, created as part of a settlement with the IRS, amid legal challenges and growing opposition from Republicans. #Trump #reconsiders #billion #ally #compensation

Börsenbillionäre: Die glorreichen Sieben sind nun schon zu zwölft Die Billionenbewertungen am Finanzmarkt nehmen inflationär zu. Das Land der größten Träume auf dem Börsenparkett ist derzeit Südkorea. #Börsenbillionäre #Die #glorreichen #Sieben #sind

Börsenbillionäre: Die glorreichen Sieben sind nun schon zu zwölft Die Billionenbewertungen am Finanzmarkt nehmen inflationär zu. Das Land der größten Träume auf dem Börsenparkett ist derzeit Südkorea. #Börsenbillionäre #Die #glorreichen #Sieben #sind

After issuing more than $20 billion in tariff refunds, the Trump administration is now pursuing legal action to bring the process to a standstill The Justice Department said in a court filing it would appeal a federal judge’s order allowing all importers—not just those who sued the administration—to seek out refunds. #After #issuing #more #than #billion

Inside an Ebola Ward, and a Roadblock for Trump’s $1.8 Billion Fund Plus, the 20-year-old director with the No. 1 movie. #Inside #Ebola #Ward #and #Roadblock

Macron eyes billions in AI investment at 'Choose France' summit French President Emmanuel Macron hosts his annual "Choose France" investment summit on Monday with foreign investors already pledging billions of dollars of capital for AI and data projects. The conference could also see announcements on rare earth investments in France. #Macron #eyes #billions #investment #Choose