Architect Labs raises $24 million to accelerate AI-Driven custom chip design

U.S.-based startup Architect Labs has secured $24 million in seed funding as it seeks to transform the way custom semiconductors are designed using artificial intelligence. The company aims to simplify and accelerate chip development, positioning itself in a market currently dominated by established players such as Broadcom and Marvell. The......

US announces review of military presence in Europe, Pete Hegseth says

The United States has announced a comprehensive review of its military presence in Europe, signaling a potential shift in the strategic balance within the NATO alliance. US Secretary of Defense Pete Hegseth confirmed that the reassessment will take place over a six-month period and will examine the deployment of American forces across European......

Kroger maintains annual forecast despite mixed quarterly results and cautious consumer spending

U.S. grocery retailer Kroger has maintained its full-year financial forecasts unchanged, even as it reported stronger-than-expected sales for the first quarter but fell short of profit expectations. The company’s decision to keep its outlook steady reflects a cautious approach to ongoing economic uncertainty, particularly as inflation......

Waymo to recall over 3,800 robotaxis after software risk in construction zones

Waymo, the autonomous driving company owned by Alphabet, has announced a recall of 3,871 robotaxis in the United States following the identification of a software issue that could cause vehicles to enter closed highway construction zones. According to the U.S. National Highway Traffic Safety Administration (NHTSA), the affected vehicles may......

Finland strengthens F-35 capabilities with purchase of advanced US glide bombs

Finland has announced plans to enhance the capabilities of its future F-35 fighter jet fleet through the acquisition of advanced precision-guided glide bombs from the United States, marking another step in the country's ongoing defense modernization efforts. The purchase will provide Finland with a new air-to-ground strike capability......

Oil prices fall sharply after US-Iran agreement eases market concerns

Global oil prices recorded a significant decline on Thursday following the signing of a framework agreement between the United States and Iran, a development that has eased concerns over energy supplies and reduced tensions in one of the world's most strategic regions for oil transportation. Market sentiment improved after the agreement......

US judge rules Huawei CFO’s admissions can be used in upcoming criminal trial

A US federal judge has ruled that admissions made by Huawei’s Chief Financial Officer Meng Wanzhou can be used as evidence in the company’s upcoming criminal trial, marking a significant development in a long-running legal dispute involving the Chinese technology giant. The ruling, issued in Brooklyn federal court, relates to......

Norsk Hydro to close two US plants, cutting around 350 jobs

Norsk Hydro, the Norwegian aluminium producer, has announced plans to shut down two of its extrusion plants in the United States next year, resulting in the loss of approximately 350 jobs. The company said the affected facilities are located in City of Industry, California, and Delhi, Louisiana. It explained that both sites are operating......

Trump says he will not sign FISA without inclusion of his voting reform bill

U.S. President Donald Trump has stated that he will refuse to sign the Foreign Intelligence Surveillance Act (FISA) unless his proposed voting reform legislation is included in the final package currently under discussion in Congress. Speaking to reporters during the G7 summit in Evian-les-Bains, France, the president emphasized that his......

Shrek 5 unveils first trailer as the beloved ogre family returns for a new adventure

Fans of the iconic animated franchise have been given their first glimpse of Shrek 5, as Universal Pictures and DreamWorks released the movie’s debut trailer ahead of its scheduled theatrical release on June 30, 2027. The new installment brings back the beloved characters who helped make the series a global phenomenon. Shrek, Fiona,......

Pope Leo XIV welcomes US-Iran agreement and calls for dialogue in Ukraine War

Pope Leo XIV has welcomed the recent agreement between the United States and Iran, describing it as a positive outcome of sustained diplomatic efforts, while also calling for renewed dialogue to address the ongoing war in Ukraine. Speaking to journalists while leaving the papal residence at Castel Gandolfo to return to the Vatican, the pontiff......

Javier Bardem leaves his handprints on Hollywood Boulevard

Spanish actor Javier Bardem has been honored in Hollywood after placing his handprints in cement at the iconic Chinese Theatre on Hollywood Boulevard, joining a long list of global film legends immortalized at the historic venue. The ceremony, held on Tuesday, brought together fans and industry figures as the Oscar-winning actor participated......

US SEC moves toward allowing stock token trading in potential market overhaul

The U.S. Securities and Exchange Commission (SEC) is preparing to introduce new policy guidelines that could allow crypto companies to offer tokenized versions of stocks, a development that may significantly reshape American equity markets, according to analysts and legal experts. The proposed framework is expected to include exemption rules......

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