Bitcoin crossed $72,000 Friday, fueled by cautious optimism over upcoming US-Iran ceasefire talks and anticipation of a key inflation report later in the day. The top cryptocurrency rose 1.6% to around $72,159 early session, positioning for a roughly 7.3% weekly gain as risk appetite improved to support digital assets. The rally followed......
Anthony Armstrong, appointed xAI CFO in October 2025, left Elon Musk's AI firm after about six months, The Information reported Thursday citing two sources familiar. Armstrong, a former banker who advised Musk on his $44 billion Twitter buyout, oversaw finances for xAI and social media platform X. He reported to Bret Johnsen, longtime......
Goldman Sachs warned Thursday that Brent crude could average above $100 a barrel through 2026 if the Strait of Hormuz remains closed to normal tanker traffic for another month. The note highlights fragility in the recent US-Iran ceasefire. "The situation remains uncertain," analysts including Daan Struyven wrote after the two-week......
SpaceX has begun installing equipment at its advanced semiconductor packaging facility in Texas, marking a key step toward bringing part of its chip production process in-house, according to sources familiar with the project. The facility, located in Bastrop, is expected to focus on packaging radio frequency (RF) chips used in systems linked......
The Trump administration announced Thursday a solicitation for loans of up to 30 million barrels of light crude from the Strategic Petroleum Reserve. This marks the third such exchange since the US tapped emergency stocks last month to counter supply disruptions from Iran's Strait of Hormuz blockade. Bids for crude from the West Hackberry......
Researchers at MIT Media Lab and Italy's Politecnico di Bari developed a new class of artificial muscle fibers that operate silently without motors, external pumps or bulky hydraulic gear. The advance could reshape robot movement and portable assistive device design. The technology, called electrofluidic fiber muscles, appeared in a Science......
South Korean automaker Hyundai Motor Company has announced a large-scale recall affecting more than 294,000 vehicles in the United States due to a potential safety defect involving seat belt anchors. According to the National Highway Traffic Safety Administration (NHTSA), the issue may cause the seat belt anchor to detach during use. This......
Global markets posted broad gains Friday as investors showed cautious optimism ahead of high-stakes US-Iran peace talks set to begin Saturday in Islamabad, Pakistan. The rebound remains fragile. Israeli strikes in Lebanon threaten to shatter the two-week truce, and the Strait of Hormuz stays largely closed to maritime trade. The ceasefire......
Google has expanded its redesigned Finance platform to more than 100 countries, marking the largest global rollout of the product since its relaunch last year and signaling a broader push to integrate artificial intelligence into consumer financial tools. The update brings full local language support to key markets including Australia, Brazil,......
The Science Based Targets initiative reported a 40 percent increase in the number of companies with validated climate targets in 2025, countering claims that corporate climate ambition is weakening. According to newly released data, more than 2,800 companies received validation during the year, bringing the total to over 10,000 firms with......
Intel and Google have announced a multi-year collaboration to advance artificial intelligence and cloud infrastructure, strengthening a long-standing relationship as demand for high-performance computing continues to grow. Under the agreement, Intel’s Xeon processors will remain a core component of Google Cloud infrastructure. These......
Employment growth across major US technology companies has slowed sharply since the end of the pandemic hiring surge, even as layoffs continue and investment in artificial intelligence accelerates. An analysis by Business Insider shows that Amazon, Microsoft, Meta, Alphabet, and Apple collectively added nearly one million net employees between......
CoreWeave and Meta have expanded their artificial intelligence cloud partnership to an estimated $21 billion, extending their agreement through December 2032 and reinforcing one of the largest infrastructure deals in the AI sector. The announcement, disclosed in a regulatory filing and company statement, confirms that CoreWeave will deliver......
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