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Oil Prices Hit Seven-Month High as US-Iran Tensions Rise

Key Points: Brent crude and US oil prices jumped roughly 2% on Thursday. Gold prices reclaimed the $5,000 mark as investors sought safety. Negotiations in Geneva stalled over President Trump’s "red lines." Traders fear conflict could close the vital Strait of Hormuz. Oil prices surged to their highest level in nearly seven months on Thursday....

New York Governor Scraps Plan to Expand Commercial Robotaxis

Key Points: Governor Hochul withdrew her proposal to allow commercial robotaxis. The plan lacked support from state lawmakers and stakeholders. Waymo called the decision disappointing but plans to keep trying. Supporters argue that self-driving cars improve safety for pedestrians. New York Governor Kathy Hochul has officially scrapped her plan to bring commercial robotaxi services to...

Toronto Startup Taalas Raises $169 Million for “Hard-Wired” AI Chips

Key Points: Taalas raised $169 million to build faster, cheaper AI chips. The technology "hard-wires" AI models directly onto silicon. Manufacturing takes only two months compared to the usual six. The startup aims to run advanced models like GPT 5.2 this year. Toronto-based chip startup Taalas has secured $169 million in new funding to change...