After nearly a year-long boycott, major advertisers have resumed their campaigns on X (formerly Twitter). Companies including IBM, Disney, Comcast, Discovery, Warner Bros., and Lionsgate Entertainment have returned to the platform, signaling renewed trust in X’s leadership under CEO Linda […]
Elon Musk’s SpaceX—the leader in rocket launches and high-speed satellite internet through Starlink—is gearing up for a tender offer in December, offering existing shares at $135 each, according to an exclusive report from The Financial Times citing insider sources. At […]
Late last month, Toyota-backed self-driving startup Pony AI announced plans to go public, marking a major milestone after eight years of development. The company has filed for an initial public offering (IPO) in the United States, targeting a valuation exceeding […]
Alphabet’s Google on Thursday launched a smartphone app for its AI chatbot, Gemini, on Apple’s App Store Thursday, bringing its latest voice assistant to iPhone users. This release follows Google’s recent rollout of Gemini Live in English for Android users […]
The crypto boom sparked by Trump’s recent November 5 victory shows no signs of slowing down, with Bitcoin reaching $90,000 and driving the global cryptocurrency market beyond the $3 trillion mark. On Thursday, crypto market capitalization hit a record $3.12 […]
Carbon emissions are one of the major drivers of climate change, trapping heat in the atmosphere and fueling extreme weather, rising sea levels, and biodiversity loss. According to Bloomberg climate data, global energy-related CO₂ emissions rose by 1.1% in 2023, hitting a […]
AMD announced on Wednesday that it would lay off 4% of its global workforce as the longtime chipmaker sharpened its focus on the fast-growing artificial intelligence chip market, which remains dominated by rival Nvidia. The layoff announcement comes just a […]
Klarna, Europe’s leading buy now, pay later (BNPL) fintech, announced Wednesday that it has confidentially submitted IPO documents to the Securities and Exchange Commission (SEC). The $15 billion Swedish payments company has yet to make its IPO prospectus publicly available, […]
Rivian announced on Wednesday a $5.8 billion investment from German automaker Volkswagen as part of a joint venture, driving the Amazon-backed electric truck maker’s stock up over 15% on Wednesday. The funding is a much-needed boost after Rivian posted a […]
Late last month, we covered Amazon’s plans to launch a budget-friendly storefront with a $20 price cap to compete with bargain sites like Temu and Shein. Just two weeks later, Amazon has rolled out its new discount store, offering everything […]
OpenAI co-founder Greg Brockman has returned to the company three months after stepping away as president. On Tuesday, he shared on X that his “longest vacation” was over and that he was “back to building OpenAI.” Back in August, Brockman […]
Just a year after going public via a SPAC merger, Vietnam’s ambitious EV startup VinFast finds itself in turbulent waters, grappling with mounting losses and operational setbacks that are complicating its global expansion. Now, the Nasdaq-listed EV maker is looking […]
Firefly Aerospace has closed a $175 million Series D funding round led by RPM Ventures, with participation from both current backers and newcomers like GiantLeap Capital and Human Element. This latest round now brings the Texas-based space startup’s valuation at […]
The momentum in Bitcoin’s price that kicked off with Donald Trump’s election victory shows no sign of cooling. Yesterday, Bitcoin surged to a fresh high near $85,000 as investors celebrated the arrival of what many are calling the ‘crypto president.’ But […]
Earlier this year, SoftBank made a $1 billion bet on artificial intelligence (AI), teaming up with Nvidia to secure specialized chips for training complex AI models. Just a few months later, the investment appears to be paying off On Tuesday, […]
While artificial intelligence continues to dominate the headlines, billions of dollars are quietly flowing into other essential sectors, particularly defense and government. As optimism grows around a potential resolution to the Ukraine conflict under the new U.S. administration, the spotlight […]
OpenAI CEO Sam Altman anticipates reaching artificial general intelligence (AGI) by next year, despite slower progress in GPT and large language models (LLMs). Altman said he remains confident that the company can achieve AGI in 2025, even as advancements in […]
Bitcoin reached a new milestone on Monday as the cryptocurrency rally picked up steam following Donald Trump’s presidential election victory. This surge comes just after Bitcoin broke the $80,000 mark on Sunday, setting a fresh all-time high. By 6:58 a.m. […]
In a move that feels straight out of sci-fi, SpaceX has unveiled a groundbreaking proposal to NASA: “Marslink,” an adaptation of its Starlink satellite network, to deliver internet connectivity on Mars. Presented to NASA early this week, Marslink aims to […]
In August, we covered Swiggy’s ambitious plans for an initial public offering (IPO) with a target valuation of approximately $15 billion. Now, just three months later, Swiggy’s long-awaited offering has arrived. Swiggy’s $1.4 billion IPO saw strong demand on Friday, with […]