Venture
fromTNW | Artificial-Intelligence
2 hours agoAccel raises $5 billion AI fund after Anthropic and Cursor returns soar
Accel has raised $5 billion for late-stage AI investments, targeting 20-25 companies with average cheques of $200 million.
Berkshire Hathaway disclosed ownership of 5,065,744 shares of the New York Times, valued at approximately $351.7 million, marking its return to media investing after exiting its newspaper portfolio in 2020.
Steve Murray, co-founder of RealTrends Consulting, stated that anyone claiming privately owned independent brokerages cannot compete is misinformed. The data indicates otherwise, showing their resilience and success.
"The surge in petrol prices, which has risen by more than 17 percent since the conflict began, is largely driven by disruptions to global supply routes, particularly through the Strait of Hormuz, a critical chokepoint for international oil shipments."
Jose Cuervo remains the top-selling tequila brand in the U.S., consistently outperforming both budget and high-end competitors. With 8.9 million cases sold, it still leads the market despite a 6.4% decrease from the previous year.