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OpenAI Secures Record $110 Billion Funding Round Backed By Amazon, Nvidia, & SoftBank
OpenAI Secures Record $110 Billion Funding Round Backed By Amazon, Nvidia, & SoftBank
OpenAI has closed a new funding round that could total $110 billion, valuing the ChatGPT maker at $730 billion pre-money and potentially putting it on course for an IPO in the second half of the year, according to a new Financial Times report.
The three investors in the deal are Nvidia, Amazon, and SoftBank. People familiar with the deal say this opens the pathway to the public markets at the end of this year.
Breaking down funding numbers by...
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Jul 22, 2026 / Tyler Durden
RFK Jr. Says Government Pausing More Than $1 Billion In Medicaid Payments To California, Minnesota
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Authored by Zachary Stieber via The Epoch Times,
The federal government is pausing more than $1 billion in Medicaid payments to two states, Health Secretary Robert F. Kennedy Jr. said. The Centers for Medicare and Medicaid Services (CMS) is withholding more than $867 million from California and more than $200 million from Minnesota.
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“Every dollar the federal government allows to be lost...
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Trump Says Ceasefire with Iran Is Over
President Donald Trump said that the ceasefire installed by the Memorandum of Understanding (MOU) between the US and Iran is over. “For me, I think it’s over. I don’t want to deal with them anymore. They’re scum. You know what scum is? They’re scum. They’re sick people. They’re led by sick people,” Trump told reporters […]
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Jun 15, 2026 / Tyler Durden
Anduril CEO Urges U.S. Arms Export Reset To Become World's Gun Store
Anduril CEO Urges U.S. Arms Export Reset To Become World's Gun Store
Anduril founder Palmer Luckey has called for critical resets across defense procurement, manufacturing, innovation, and national identity.
Luckey's defense startup, valued at over $60 billion, is one of the key forces reshaping America's military power through low-cost, automated systems that can be manufactured and reproduced at scale, from autonomous weapons and AI fighter jets to drones for the modern battlefield.
America's hollowed-out industrial base is being rebuilt through President Trump's reshoring push and other domestic policies designed to expand the...
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