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OUC Proposes Fuel Rate Cut to Trim Orlando Power Bills Business

OUC Proposes Fuel Rate Cut to Trim Orlando Power Bills

Donald Hunt • 4 hours ago
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OUC Proposes Fuel Rate Cut to Trim Orlando Power Bills Business

OUC Proposes Fuel Rate Cut to Trim Orlando Power Bills

ORLANDO, Fla. — Orlando Utilities Commission customers could pay a little less for electricity next year. The utility plans to ask its board to lower its fuel rate, a change that would shave about $5 off a typical monthly residential bill. Board members are set to vote on Dec. 15.…

Donald Hunt • 4 hours ago
AI’s Trillion-Dollar Price Tags Meet a Market That Blinked From Merger Monday

AI’s Trillion-Dollar Price Tags Meet a Market That Blinked

A month ago the debate over the two leading AI labs was whether they were worth $1.5 trillion or $2 trillion. This week the debate moved lower. OpenAI closed $11 billion at a $1.25 trillion valuation, below the price it first sought and far short of the $30 billion it…

Merger Monday • 4 hours ago
OpenAI Raises $11 Billion at a $1.25 Trillion Valuation From Merger Monday

OpenAI Raises $11 Billion at a $1.25 Trillion Valuation

OpenAI closed on $11 billion of new funding, the first piece of a round that values the artificial-intelligence company at $1.25 trillion, according to people familiar with the matter, as investors grow more selective about the prices they will pay for AI developers. The initial close covers a little more than…

Merger Monday • 4 hours ago
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