The projects are expected to create more than $1.1 billion in new payroll and $2 ... Bedrock is owned by Dan Gilbert, who also owns the Cleveland Cavaliers and other sports teams as well as ...

It is also above analysts' estimate of $50.25 billion in 2025, according to LSEG data. Reuters contributed to this report. Get a brief on the top business stories of the week, plus CEO interviews ...

Languages: English and Farsi This comes as TikTok is valued at up to $200 billion in a "best case scenario," according to Wedbush analyst Dan Ives ... $40 billion and $50 billion.

xAI recently raised $6 billion, which puts its value at between $40 billion and $50 billion. Musk owns over half of xAI. The valuation of OpenAI recently hit $157 billion. Musk owns parts of ...

Microsoft committed $80 billion to AI data centers, with over $50 billion allocated in the US, creating jobs. Microsoft President Brad Smith emphasized the need for balanced AI regulations to ...

Son, a billionaire based in Japan, already committed in December to invest $100 billion in U.S. projects over the next four years. He previously committed to $50 billion in new investments ahead ...

SoftBank and OpenAI are leading the project, with SoftBank handling finances and OpenAI overseeing operations under Chairman Masayoshi Son. Key technology partners include Arm, Microsoft, NVIDIA ...

Elon Musk is already casting doubt on OpenAI’s new, up to $500 billion investment deal with SoftBank (SFTBY) and Oracle (ORCL), despite backing from his allies — including President Donald Trump.

Sean “Diddy” Combs has filed a $50 million defamation lawsuit against a man who publicly claimed to have videos depicting the mogul sexually assaulting inebriated celebrities and minors ...

Hong Kong billionaire Michael Kadoorie has approached investors to raise at least $50 million (HK$389 million) to fund efforts to boost the city’s image, according to people familiar with the ...

Son and Trump have had a close working relationship since 2016, during Trump’s first term, when Son announced that SoftBank would invest $50 billion in U.S. startups and create 50,000 jobs.