FIFA President Gianni Infantino has abandoned his plan to sell World Cup stakes for $4.2 billion in private funding, hours after senior adviser Carlos Cordeiro resigned, calling it a "bad deal for football." The proposal, which involved a subsidiary and private investors, had faced widespread condemnation.
President Donald Trump announced plans to build a granite helipad on the White House South Lawn, stating it's for new presidential helicopters. He claims the project will be privately funded by Sikorsky Aircraft, a Lockheed Martin subsidiary, with an estimated cost of up to $6 million.
UK Chancellor Rachel Reeves is exploring public-private partnerships to fund new town developments in England, engaging with major banks and investment funds. This initiative aims to accelerate infrastructure projects, learning from past models like PFI and utilizing frameworks such as RAB.
Anthropic is seeking approximately $50 billion in what is likely its last private funding round before an anticipated IPO later this year, according to sources. The AI company is targeting a valuation of about $900 billion, which could exceed OpenAI's $852 billion valuation. The round is expected to close within two weeks, with some early investors skipping this round to potentially cash out during the IPO. Anthropic's revenue run rate is reportedly around $40 billion.
