All posts tagged: 140M

Major Democratic group to spend 0M targeting women voters in 2024

Major Democratic group to spend $140M targeting women voters in 2024

A prominent Democratic super PAC announced Friday that it plans to spend $200 million on the 2024 election cycle, including $140 million on television, digital, streaming, radio and mail advertisements. American Bridge 21st Century intends to focus much of its firepower on winning over women voters in key swing states, a nod to the importance of that voting bloc in the outcome of November’s elections. “Another Donald Trump presidency would mean disaster for Americans who value their rights,” the group’s founder, Bradley Beychok, said in a statement. “We know exactly how to beat Donald Trump. We’ve done it before, and our paid media strategy is a big part of how we’re going to do it again. American Bridge intends to run paid programming, focus on opposition research and push back against third-party candidates who could increase the likelihood former President Trump wins back the White House. The group said it already has raised $85 million as of this month. Its $140 million paid media program will target Wisconsin, Michigan, Pennsylvania and potentially North Carolina. Biden …

LineNext secures 0M funding for its web3 service

LineNext secures $140M funding for its web3 service

LineNext, a web3 unit of the Japanese messaging app Line, raised $140 million in its funding led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm in South Korea, to expand its web3 platform.  The new funding comes nearly a year after LineNext released its browser-only beta service — consumer-to-consumer(C2C) marketplace launched on its non-fungible token (NFT) platform DOSI. So far, LineNext has focused on “gauging the potential for various Web 3 services, such as NFT platforms, avatar features, games and entertainment,” Woosuk Kim, business director of LineNext, told TechCrunch.   With the new funding, the company plans to launch its official NFT platform DOSI and web3 services in January next year. These include the DOSI’s mobile app launch, which will be available to global users, and the integration of games and more than 100 partners of LINE NFT in Japan into the DOSI platform. In addition, it will offer a new development tool to help Web 2 brands transform into Web 3 digital products and give users ownership to trade their products directly on …

Rwanda may get even more that £140m already paid under deportation deal, MPs told – UK politics live | Politics

Rwanda may be getting even more than £140m already paid under deportation deal, MPs told Sir Matthew Rycroft, the permanent secretary at the Home Office, has just started giving evidence to the Commons home affairs committee, and within minutes he was struggling badly. Here are the takeaways from the early exchanges. Rycroft implied that the government may be giving more money to Rwanda this year – even though £140m has been given to the country, and not a single person has been deported there yet. The Labour chair of the committee, Diana Johnson, started by asking Rycroft to say how much money the government was giving to Rwanda under the scheme. He said Rwanda had already had £120m under the Migration and Economic Development Partnership (MEDP) and £20m as an upfront payment for the costs of housing asylum seekers. He said the deal anticipated additional payments each year. But he refused to say if further payments were being made, telling Johnson that ministers had decided not to give a “running commentary”. Instead the Home Office …

Black Sesame, Chinese auto chip challenger to Nvidia, burns 0M a year

Black Sesame, Chinese auto chip challenger to Nvidia, burns $140M a year

Chinese auto chip maker Black Sesame has recently filed to go public in Hong Kong, offering a glimpse into the business prospect and challenges of an industry that’s increasingly important amid an autonomous driving boom and China’s stride towards semiconductor independence. Founded by veterans of Bosch and OmniVision, Black Sesame is seen as one of the potential domestic players that can potentially replace the likes of Nvidia, Qualcomm and NXP Semiconductors in the auto chip space. The seven-year-old company has seen its revenue grow significantly over the last three years, but its losses have also ballooned. The question, then, is whether Black Sesame can continue to pour money into R&D until it becomes profitable. Nvidia rival Black Sesame makes system-on-chips (SoCs) to power autonomous driving cars and other intelligent car functionalities. Its most advanced chip, the Huashan A1000 Pro designed for Level 3 autonomous driving (meaning a vehicle can handle all aspects of driving but still requires human intervention if necessary), offers 160+ TOPS, a unit for measuring computing power. It’s also in the progress …

Oxbotica raises 0M more as its B2B autonomous vehicle platform gains ground

Oxbotica raises $140M more as its B2B autonomous vehicle platform gains ground

Activity in the self-driving car industry, frenetic for years, has somewhat stalled in more recent times; but a handful of the most promising companies are continuing to see their businesses grow and attract investment in the process. In one of the more recent developments, Oxbotica, a startup out of England that develops software to power autonomous vehicles, has closed Series C round of $140 million, money that it will be using to continue building out services for existing clients and to drum up new business in that wake. The size of the round is big by any terms, bull or bear market, but it’s a signal of how AI startups especially continue to fare well at the moment, and of what kinds of companies are working with, and looking to back, startups breaking new ground in the space of autonomous driving. The basic model for Oxbotica — eight years old and based out of Oxford, England — is B2B: it sells and customizes its autonomous software, which it dubs “Universal Autonomy”, for a range of …