Sources: X and xAI are set to repay ~$17.5B of debt in full; X took on ~$12.5B of debt during Musk's purchase, and xAI borrowed $5B via bonds and loans in June
The roughly $17.5 billion of debt tied to Elon Musk's social network X and artificial intelligence startup xAI is set to be paid back in full …
Microsoft says it is on pace to invest $50B by 2030 to help expand AI across the Global South, after unveiling $17.5B worth of AI investments in India in 2025
Abu Sultan /Reuters:
European VC funding rose 9% YoY to hit $58B in 2025, vs. North America's 46% YoY jump; AI led with ~$17.5B, followed by biotech's ~$13.4B and hardware's ~$10.8B
Venture funding to Europe-based startups last year gained only slightly, around 9% year over year, reaching $58 billion …
Satya Nadella says Microsoft plans to spend $17.5B on AI and cloud computing in India over four years, its largest Asia investment yet, after meeting with Modi
Microsoft Corp. pledged to invest $17.5 billion on artificial intelligence and cloud computing in India over four years …
Sources: ByteDance replaced some TikTok Shop's US staff in Seattle with China-based managers after 2024 US revenue hit $9B, far short of its $17.5B goal
Bloomberg :
Sources: ByteDance replaced some TikTok Shop's US staff in Seattle with China-based managers after 2024 revenue hit $9B, far short of its $17.5B goal
TikTok Shop initially set a goal to increase its US e-commerce business tenfold last year to $17.5 billion in transaction volume …
Intel's foundry business lost $13B+ on $17.5B in revenue in 2024, while TSMC generated $41.1B in operating profit on $90B in revenue over the same period
What's at Stake? Skye Jacobs / TechSpot : Intel considers breakup as Broadcom and TSMC explore separate deals AleksandarK / TechPowerUp : Intel Faces Potential Breakup as TSMC and Broadcom Explore Acq...
Intel's foundry business lost over $13B on $17.5B revenue in 2024, while TSMC generated $41.1B in operating profit on $90B in revenue over the same period
While President Trump's domestic AI focus is a good sign for Intel, easy fixes have proved elusive
Salesforce says online Black Friday sales hit $74.4B globally, up 5% YoY, and $17.5B in the US, up 7% YoY; Adobe says US online sales hit $10.8B, up 10.2% YoY
The momentum of Thanksgiving — which saw consumers spend a record $33.6 billion spent globally online on the day — looks like it continued into Black Friday, with a bang.
Sources: TikTok aims to grow TikTok Shop US' merchandise volume tenfold to $17.5B in 2024 and plans to launch TikTok Shop in Latin America in the coming months
- ByeDance's video app is fast expanding beyond advertising … The 2024 merchandise volume goal for the US version of TikTok Shop …