AI Backbone Startup Vast Data Nears $30B Valuation with Backing from Nvidia, Alphabet
Key Points Vast Data, a company that builds key infrastructure for artificial intelligence, is in talks for a massive new funding round. The deal could
Key Points Vast Data, a company that builds key infrastructure for artificial intelligence, is in talks for a massive new funding round. The deal could
Key Points The Bank of Japan (BOJ) issued a stark warning on Friday, stating that profits at Japanese companies will likely fall this year due
Key Points EU regulators are setting their sights on a popular Big Tech tactic used to absorb smaller rivals: the “acqui-hire.” This practice, where a
Key Points China is gearing up to host the largest summit the Shanghai Cooperation Organization (SCO) has ever seen in Tianjin, a Foreign Ministry spokesman
Key Points For the first time, physicists believe they have spotted a rare, high-energy “dance” between three particles inside an atom’s nucleus. Protons and neutrons
Key Points A new and sneaky phishing scam is targeting Instagram users with fake login alerts. Cybercriminals are sending emails that look exactly like the
Key Points U.S. inflation picked up in June, with prices for imported goods like furniture and clothing rising due to new tariffs. This supports the
Key Points In a major break from a decades-long tradition, Microsoft has stopped calling out its rivals by name in its annual report. For the
Key Points The European Commission is considering a plan to group European companies to buy more U.S. liquefied natural gas (LNG). The move is part
Key Points Elon Musk’s AI company, xAI, announced it will sign the safety and security chapter of the European Union’s new code of practice for
Key Points OpenAI announced on Thursday that it is launching a “Stargate-branded” AI data center in Norway, its first such project in Europe. The massive
Key Points Jet fuel from Asia is flooding into Europe, hitting a multi-year high in July as traders ship out their excess supply to cash
Key Points China’s top cyberspace regulator has demanded an explanation from Nvidia about whether its H20 artificial intelligence chips have any “backdoor” security risks. The
Key Points An international team of astronomers has solved a long-standing mystery about a rare and massive star, revealing that it’s not one star, but
Key Points The U.S. dollar’s share of global currency reserves dipped slightly in the first quarter of 2025, while the euro’s share saw a modest
Key Points The Bank of Canada held its key interest rate at 2.75% for the third time in a row on Wednesday, citing ongoing uncertainty
Key Points Cybersecurity giant Palo Alto Networks is buying its Israeli rival CyberArk for about $25 billion in a massive cash-and-stock deal. The move is
Key Points President Donald Trump’s special crypto working group is set to release a major report on Wednesday that will outline the administration’s vision for
Key Points Chinese rocket developer LandSpace Technology, a major rival to U.S. companies like SpaceX, is planning to go public. According to a document from
Key Points Google will sign the European Union’s new code of practice for artificial intelligence, the company’s global affairs president announced on Wednesday. The move
Key Points South Korean battery giant LG Energy Solution has signed a massive $4.3 billion contract to supply batteries to a major corporation. While LG
Key Points Australia’s government has reversed its earlier decision. It will now include YouTube in its world-first ban on social media for teenagers under 16.
Key Points Scientists at Lawrence Berkeley National Lab have made a breakthrough that could lead to smaller, more affordable X-ray free-electron lasers (XFELs). These powerful
Key Points After two days of “constructive” talks in Stockholm, U.S. and Chinese officials have agreed to seek another extension of their 90-day tariff truce.
Key Points JPMorgan Chase is reportedly in advanced talks to take over Apple’s credit card program from Goldman Sachs. The move would see the largest
Key Points Apple is opening a new manufacturing training program in downtown Detroit. This move comes as the company faces intensifying pressure from President Donald
Key Points Europe is making a massive bet on “AI gigafactories” in an ambitious effort to close the gap with the U.S. and China in
Key Points In a major shift for global manufacturing, India has surpassed China to become the top exporter of smartphones to the United States. According
Key Points A U.S. senator is calling on SpaceX CEO Elon Musk to block criminal organizations in Southeast Asia from using Starlink’s satellite internet to
Key Points A distant, sub-Neptune-sized planet that was once thought to show possible signs of life does not appear to host living organisms after all,
Key Points Chip design software firm Cadence Design is expected to pay over $100 million to settle a U.S. government investigation into its sales to
Key Points After years of spiraling from one crisis to another, Boeing is finally finding some stability under the leadership of its new CEO, Kelly
Key Points Samsung Electronics has secured a massive $16.5 billion contract to make semiconductors for Tesla. While the South Korean company was initially tight-lipped about
Key Points In a major push for self-sufficiency, China’s artificial intelligence companies have announced two new industry alliances aimed at developing a domestic tech ecosystem.
Key Points The United States and the European Union have struck a major new trade deal, imposing a 15% import tariff on most EU goods.
Key Points The Trump administration will announce the results of its national security investigation into semiconductor imports in two weeks, Commerce Secretary Howard Lutnick said