Alphabet announces its first-ever dividend, Elon Musk’s OpenAI rival is closing on $6B in funding

Top News

Alphabet announces its first-ever dividend and authorizes the repurchase of up to an additional $70B of its Class A and Class C shares. - Link

xAI, Elon Musk’s OpenAI rival, is closing on $6B in funding and X, his social network, is already one of its shareholders. - Link

Norwest Venture Partners raises $3B for 17th vehicle, maintaining fund size despite market downturn. - Link

Sam Altman, Satya Nadella, Sundar Pichai, Jensen Huang, and others join a panel to advise US DHS on deploying AI safely within America's critical infrastructure. - Link

Former Twilio CEO and co-founder Jeff Lawson buys The Onion from G/O Media, via his new company Global Tetrahedron; Lawson had long wanted to buy the site. - Link

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