Zoox Opens Robotaxi Factory to Compete With Tesla, Waymo
Zoox which received funding from Amazon established its first high-capacity robotaxi manufacturing facility in Hayward California to compete with Tesla...
Stablecoin Market Cap Hits Record After Senate Approval
Stablecoin market capitalization reached its highest point at $251.7 billion this week after the Senate passed a landmark bill to...
Middle East Conflict Lifts Oil, Shakes Global Markets
The rising tensions between Israel and Iran create market uncertainty which drives up oil prices at a time when central...
Musk’s xAI Eyes $4.3 Billion Equity Raise Amid Debt Sale
The artificial intelligence venture xAI led by Elon Musk plans to obtain $4.3 billion through equity funding while its $5...
NYSE Owner to Add Secondary Listing on Texas Exchange
Intercontinental Exchange (ICE) operates the New York Stock Exchange as its parent company while planning to list on NYSE Texas...
Dutch Court Rules Apple Abused Power in App Store Payments
A Dutch court maintained the 2021 consumer watchdog decision that Apple used its market dominance to force dating apps into...
IFC Extends $400 Million Loan for Pakistan’s Reko Diq Mine
The International Finance Corporation (IFC) will provide a $400 million subordinated loan to support development of the Reko Diq copper-gold...
Vietnam Gains BRICS ‘Partner Country’ Status, Brazil Confirms
The BRICS group of major emerging economies accepted Vietnam as their official partner country according to Brazil's government announcement on...
Mattel, OpenAI Partner on AI-Powered Toys and Games
Mattel the toymaker has formed a partnership with OpenAI to develop AI-powered toys which will debut as their first product...
Temasek Joins Microsoft-Led Group to Build AI Backbone
The global consortium backed by Microsoft and BlackRock and MGX received funding from Singapore’s Temasek through a presentation at BlackRock’s...
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