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EU has allocated $11.4 billion for 7 AI gigafactories to compete with the US and China.
Elon Musk launches X Money, offering 6% interest, 3% cashback, and real-time transfers.
China’s CXMT, the largest chip memory maker, soars 472% with debut.
Britain’s NatWest loaned NBFI Amplifi Capital £250 million before it collapsed, posing risks to the wider financial system.
Kuwait Petroleum Corporation signs a $16 billion oil pipeline network lease and leaseback, the largest FDI ever.
AfDB approves a $114 million loan for Africa’s first EV battery gigafactory in Morocco.
EU fines Google $1 billion for favoring its own services in the Play app store and search results.
Judge awards Anthropic a $1.5 billion settlement for the largest copyright infringement in history, utilized to train the Claude chatbot.
UK’s Metro Bank is considering a merger with rival Aldermore in a $2.7 billion deal.
Google is to introduce a new server chip to run Gemini models more effectively.
On Monday, Jensen Huang, CEO of Nvidia, expounded on his strategy for maintaining his company’s leadership in the artificial intelligence boom, which he projected will
Poland’s residents were paid a tenth of what West Germans made, and the country rationed grain and sugar a generation ago. With an annual production
The Supreme Court’s ruling to overturn some of the president’s import taxes destroyed almost $1.6 trillion in lost tariff income, and this week the Trump
Investors in the recently concluded transaction to take over TikTok’s U.S. business will pay a fee of almost $10 billion to President Donald Trump’s government.
Wealthy people are trying to move their assets from the Gulf region to Switzerland due to the intensifying turmoil in the Middle East after the
A day after agreeing to release a record amount of oil from strategic stocks, the International Energy Agency said on Thursday that the Middle East
As telecom companies increase their investments to meet the growing demand for data, AT&T announced on Tuesday that it will hire thousands more technicians this
After obtaining $2 billion in its most recent investment round, the Nvidia-backed artificial intelligence company Nscale was valued at $14.6 billion, the British company announced
The firms announced on Friday that Axel Springer, a German media group, has reached an agreement to purchase the owner of the Daily Telegraph newspaper
After a protracted court struggle that resulted in one of several verdicts denouncing its practices as an illegal monopoly, Google will reduce the lucrative fees
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