Key Points: OpenAI reportedly to pay Cerebras over $20 billion. Deal is for using Cerebras-powered servers for three years. OpenAI may receive an equity stake in Cerebras. Agreement highlights high demand for AI-specific computing power. OpenAI has reportedly entered into...
Key Points: California motorists are currently paying an average of $5.86 per gallon of gasoline, the highest price in the nation. Statewide gasoline stocks dropped to a record low average of 9.44 million barrels over the last four weeks. The state relies heavily on Asian imports, making it highly vulnerable to the closure of the Strait of Hormuz. Experts warn that the full shock of...
Key Points: SpaceX moved up the vesting date for employee stock options to April, instead of the expected May. The company aims for a historic initial public offering that could value the business at more than $2 trillion. Elon Musk hopes to raise as much as $75 billion during the massive public stock debut. Early investor Alphabet Inc. stands to make a staggering $100 billion...
Key Points: OpenAI introduced GPT-Rosalind, a new artificial intelligence model designed specifically for scientific research. The model helps researchers with tasks in biochemistry, drug discovery, and translational medicine. Major pharmaceutical companies like Amgen and Moderna are already testing the software in their daily workflows. Qualified customers can access the research preview through ChatGPT, Codex, and OpenAI's API. OpenAI is pushing aggressively into the medical field....
Key Points: Kyriakos Pierrakakis stated that a unified European energy union is necessary for the EU to remain competitive. Current...
Key Points: BNP Paribas economists predict the artificial intelligence boom could drive US economic growth over 10% by 2034. The...
Key Points: The International Energy Agency warns that Europe has only about six weeks of jet fuel in its reserves....
Key Points: Russia-linked cryptocurrency exchange Grinex suspended all operations following a massive cyber attack. Hackers successfully stole digital assets worth...
Key Points: U.S. lawmakers scaled back a controversial bill that restricts the sale of advanced chipmaking equipment to China. The...
Key Points: China's Q1 GDP grew 5%, exceeding expectations. Manufacturing and exports were the primary growth drivers. Consumer spending remains...
Key Points: Gold prices rose on hopes for a diplomatic resolution to the Iran war. US and Iran consider extending...
Key Points: Oil prices stable as US and Iran consider extending ceasefire and peace talks. Strait of Hormuz remains largely...
Key Points: Elon Musk's team contacted major chip industry suppliers to build his new Terafab AI chip complex. Staff approached...
Key Points: China's gross domestic product expanded by 5% in the first quarter of 2026, beating expert forecasts. The country's...
Key Points: President Donald Trump's naval blockade of the Strait of Hormuz directly threatens a key Chinese energy supply route....
Key Points: The One Big Beautiful Bill Act increased the average tax refund by 11% to over $3,400 this year....
Key Points: The cruise industry hosted 37 million passengers last year and expects to reach 42 million annually by 2029....
Key Points: Doug Field is leaving Ford after spending nearly five years leading the automaker's electric vehicle and technology divisions....
Key Points: The war in Iran is creating severe cost pressures and complicating hiring plans for American businesses. Overall economic...
Key Points: Mega-cap tech stocks like Tesla and Microsoft saw massive gains during Wednesday's trading session. Broadcom shares jumped 2.78%...
Key Points: European Central Bank supervisors plan to question banks about the cybersecurity risks posed by the new Mythos AI...
Key Points: Chinese electric vehicle maker BYD refuses to join a price war in the South African auto market. The...
Key Points: Investors await Netflix earnings, focusing on content spending and ad growth. Netflix faces tougher competition after its failed...
Key Points: Meta and Broadcom expand partnership for custom AI processors until 2029. The deal includes over one gigawatt of...
Key Points: Samsung SDS shares surged over 17% after KKR's $820 million investment. The investment boosts Samsung SDS's AI infrastructure...
Key Points: Amazon acquires Globalstar for $11.6 billion, intensifying satellite competition. Amazon will launch a direct-to-device service in 2028. The...
Key Points: Oil prices remained low as the US and Iran plan more peace talks. The US continues its blockade...
Key Points: Artificial intelligence startup Anthropic received several funding offers that could value the company at $800 billion. The startup...
Key Points: Chinese technology firm Huaqin launched a share sale in Hong Kong to raise roughly $580.85 million. The company...
Key Points: Treasury Secretary Scott Bessent believes the US economy remains strong and could exceed 3.5% growth this year. Bessent...
Key Points: Portuguese company Aptoide filed a new antitrust lawsuit against Google in a federal court in San Francisco. The...
Key Points: OpenAI launched GPT-5.4-Cyber to help organizations spot and fix software security vulnerabilities. The company will roll out the...
Key Points: The Trump administration will launch a new system next Monday to refund $166 billion in unlawful tariffs to...
Key Points: A Milan court accepted a major class action lawsuit brought by a consumer group against Meta Platforms. The...
Key Points: French President Emmanuel Macron will host a video call to discuss banning social media for minors. European Commission...
Key Points: Bitcoin prices jumped 4% to break back above the $74,000 mark during Tuesday trading. The cryptocurrency still sits...
