Funding
OpenAI Claims It Reached $10 Billion In Annual Revenue
OpenAI Claims It Reached $10 Billion In Annual Revenue OpenAI has reached $10 billion in annual recurring revenue (ARR), up from $5.5 billion last year, driven by its ChatGPT business products and developer API. The company now serves over 500 million weekly active users and aims to achieve $125 billion in revenue by 2029. OpenAI […]
💻 Technology
Our trans health study was terminated by the government – the effects of abrupt NIH grant cuts ripple across science and society
Our trans health study was terminated by the government – the effects of abrupt NIH grant cuts ripple across science and society Funding cuts to trans health research have been terminated by the government, part of the Trump administration’s efforts to medically and legally restrict trans rights. The termination of grants like this one harms […]
🏥 Health
Nonprofit news media leaders are struggling to stop leaning on the foundations that say they should branch out more
Nonprofit news media leaders are struggling to stop leaning on the foundations that say they should branch out more Nonprofit news media leaders are struggling to diversify their revenue streams beyond foundations, which provide around half of all revenue, and instead rely on a single source of funding. The Knight Foundation and other funders have […]
📰 News
Lifecycle of a research grant – behind the scenes of the system that funds science
Lifecycle of a research grant – behind the scenes of the system that funds science Research grants are awarded to support specific research projects, and the process involves careful review by experts to ensure high standards of scholarship and financial integrity. The grant application process typically includes a literature review, a detailed description of the […]
🔬 Science
Trump issues order to pull funding for NPR and PBS
Trump issues order to pull funding for NPR and PBS President Trump has issued an executive order to end all federal funding for National Public Radio (NPR) and the Public Broadcasting Service (PBS), citing concerns over bias and journalistic independence. The order, which affects both direct and indirect funding, aims to ensure that taxpayer funds […]
🏛️ Politics
A Michigan research professor explains how NIH funding works − and what it means to suddenly lose a grant
A Michigan research professor explains how NIH funding works − and what it means to suddenly lose a grant Around $2 billion in federal grants have been terminated by the Trump administration since its first 100 days in office, and NIH is proposing to cut the $47 billion budget by nearly half. The effects of […]
📰 News
Used by ‘Vibe Coders’, Supabase Reaches a Valuation of 2 Billion
Used by ‘Vibe Coders’, Supabase Reaches a Valuation of 2 Billion Supabase, an open-source platform for managing Postgres databases, has reached a $2 billion valuation after raising $200 million in its Series D round. The funding round was led by Accel, with contributions from Coatue, Y Combinator, Craft Ventures, Felicis, and angel investors including Kevin […]
💻 Technology
Cancer research in the US is world class because of its broad base of funding − with the government pulling out, its future is uncertain
Cancer research in the US is world class because of its broad base of funding − with the government pulling out, its future is uncertain Cancer research in the US faces an uncertain future due to government funding cuts, which could lead to a decline in research and development of new cancer treatments. The US […]
🏥 Health
Trump’s ‘Garden of American Heroes’ is a monument to celebrity and achievement – paid for with humanities funding that benefits everyday Americans
Trump’s ‘Garden of American Heroes’ is a monument to celebrity and achievement – paid for with humanities funding that benefits everyday Americans Donald Trump’s “Garden of American Heroes” project aims to commission 250 statues of famous Americans from a predetermined list, funded by humanities grants that benefit everyday Americans. The list includes recognizable figures like […]
🏛️ Politics
US universities lose millions of dollars chasing patents, research shows
US universities lose millions of dollars chasing patents, research shows US universities are losing millions of dollars on patents annually, according to a recent study that used full-cost accounting. The average American research university loses money on patents due to high costs associated with patenting, including faculty time and litigation expenses. A study found that […]
💻 Technology