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Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment
Nvidia Favors $30 Billion OpenAI Investment, Retreating From Prior $100 Billion Commitment
Update (Friday):
Bloomberg reported earlier this week that OpenAI is nearing completion of a new funding round that could raise more than $100 billion. Separately, the Financial Times reported on Thursday that Nvidia is close to finalizing an investment of about $30 billion in OpenAI, a significantly smaller amount than the $100 billion commitment agreed upon last year.
FT cited people familiar with the funding round who said the "final stages" have begun and that Nvidia's $30 billion equity...
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May 21, 2026 / Tyler Durden
Dubai's Shipping Hub Status Under Pressure As Some Industry Veterans Eye Greece
Dubai's Shipping Hub Status Under Pressure As Some Industry Veterans Eye Greece
Via Middle East Eye
Some shipping industry workers based in Dubai are looking to relocate from the UAE as a result of the US-Israeli war on Iran, one ship-owner and two industry sources familiar with the matter told Middle East Eye.
Western expats working in the maritime industry are eyeing the Greek capital, Athens , and Cyprus as potential alternatives to Dubai, given those countries' dominant positions in shipping and the favorable tax policies they offer the industry, the sources said.
via AFP
The search for alternatives...
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May 10, 2026 / Dave DeCamp
Israeli Soldiers Were Given Orders To Kill All Men on Sight in Gaza: Israeli TV Report
Israeli soldiers who killed three Israeli captives in Gaza back in 2023 have said that they were ordered to kill all men they encountered on sight, according to a TV report from Israel’s Channel 13. “A man, no matter what age, don’t play games with it; kill immediately,” one of the soldiers said, according to […]
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Oct 1, 2026 / Kyle Anzalone
Netanyahu Says Israel Warned UK About Iranian-Sponsored Terror Plot Before RAF Fairford Incident
UPDATE: UK police said on Thursday that a 27-year-old British-Iranian man was arrested in connection to the incident at RAF Fairford. Prime Minister Benjamin Netanyahu said that Israel warned the UK that Iran was plotting an attack inside the country, appearing to link the warning to the arrest of five men outside RAF Fairford earlier […]
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