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Jeff Bezos-led AI startup Prometheus valued at eye-popping $41B in blockbuster fundraising
Amazon founder Jeff Bezos’s artificial intelligence startup Prometheus said Thursday it has secured an eye-popping $41 billion valuation in a new funding round. The AI venture, where Bezos serves as co-CEO alongside ex-Google executive Vik Bajaj, raised $12...
Papa Johns shutters nearly 50 locations across 17 states as competition intensifies
An American favorite pizza chain is quietly disappearing from communities across the country. Papa Johns is following through on its plan to close about 300 North American stores, with dozens of locations shuttering in the first quarter – primarily in core Sun...
Iran planning to treat Elon Musk’s companies in Middle East as military targets: Iranian state media
Iran is planning to treat all of Elon Musk’s companies as military targets, according to Iranian state media, which alleged the billionaire’s holdings were used by the US military to carry out war crimes. The nation will add all of Musk’s assets in the region...
OpenAI weighs slashing prices in attempt to lure users from rival Anthropic: report
OpenAI is considering slashing prices in an effort to win customers from its rival Anthropic – potentially igniting a price war ahead of planned public listings this year by both companies. The San Francisco-based artificial intelligence giant is contemplating...
Texas TV reporter under fire for ‘gorilla in the room’ remark during Karmelo Anthony trial coverage
A veteran Texas TV reporter is facing backlash after using the phrase “gorilla in the room” while covering the closely watched murder trial of Karmelo Anthony — prompting her station’s parent company to issue a public apology and acknowledge the remark was...
Elon Musk’s SpaceX IPO draws $70B in orders from retail investors, leaving many on sidelines: report
Many Elon Musk fans hoping to buy a piece of SpaceX will be out of luck on Friday when the rocket firm makes its record-setting public debut, according to a report. SpaceX, which is aiming to raise $75 billion at a $1.75 trillion valuation, has drawn more than...
Lesley Stahl signs new two-year deal to stay at ‘60 Minutes’ after string of firings: report
Lesley Stahl reportedly signed a new two-year contract to remain at “60 Minutes,” providing a vote of confidence in the newsmagazine after weeks of turmoil at the iconic broadcast. Stahl, 84, finalized the deal in recent days, the Status newsletter reported...
Wholesale inflation in May hit highest level since November 2022 on soaring energy costs
Wholesale inflation shot up in May to its highest level since November 2022 as higher energy costs amid the Iran war weighed on the economy – likely keeping the Fed from slashing interest rates anytime soon. The Producer Price Index rose 6.5% in May over the...
Look inside Santa Monica TMNT Pizzeria paying tribute to mutant crime-fighting turtles
Those who love both pizza and an iconic franchise will be in for quite the treat as a new pizzeria opens in Santa Monica this month. The first official Teenage Mutant Ninja Turtles Pizzeria will open on the 3rd Street Promenade (1444 Third Street Promenade) on...