The US awards Intel $8.5B in CHIPS Act funding and $11B in loans to expand in Arizona, Ohio, New Mexico, and Oregon; Intel plans to spend $100B over five years (Financial Times) Read more
Tether Launches USDT Recovery Tool Amid Market Cap Hitting $100B; Pepe’s (PEPE) Bullish Run Continues; InQubeta (QUBE) Crosses $11M in Presale Read more
Whale Alert Reports More Than $100B Ripple Moved to Exchanges; Hedera and Borroe Finance Eye Explosive Growth Opportunities Read more
Special Electrek podcast: Is Elon Musk blackmailing TSLA for $100B, admitting to conflicts of interest? Read more
Sources: Shein raised $2B at a $66B valuation, down from ~$100B in 2022, co-led by Sequoia, General Atlantic, and Mubadala; Shein generated $23B in 2022 revenue (Jing Yang/Wall Street Journal) Read more
Sources: Chinese online fast fashion retailer Shein has been valued at $65B to $85B in private markets in recent months, down from $100B+ in April 2022 (Financial Times) Read more
Micron plans to spend up to $100B over 20 years to build a chipmaking complex in upstate New York, helped by federal and state government incentives (Steve Lohr/New York Times) Read more
Yandex opens YaLM 100B to the public, claiming the AI research language model contains 100B parameters, "more than any GPT-like model available in open-source" (Reuters) Read more