Decart raises 300 million dollars in Nvidia and Amazon backed round

Decart, a San Francisco based artificial intelligence research lab focused on real time world models, has raised 300 million dollars in a new funding round led by Radical Ventures. The deal brings the company’s total funding to more than 450 million dollars and values it at around 4 billion dollars, up from 3.1 billion dollars in August......

Amazon launches AI podcasts on demand with Alexa Plus

Amazon has introduced a new feature for its Alexa Plus assistant that allows users to generate full podcast episodes on demand using artificial intelligence. The tool, called Alexa Podcasts, is being rolled out to Alexa Plus subscribers in the United States and marks a deeper push into personalized audio content. The system lets users request......

Rupee and rupiah hit record lows as oil tops 111 dollars

The Indian rupee and Indonesian rupiah fell to historic lows on Monday as rising oil prices and global bond market pressure strengthened the US dollar and intensified selling across Asian emerging market currencies. The move reflected growing investor concern over capital outflows from energy-importing economies exposed to surging crude costs. The......

Iran says Khamenei suffered only minor injuries in airstrikes

Iranian officials have publicly downplayed the injuries suffered by Supreme Leader Mojtaba Khamenei during the February 28 airstrikes carried out by the United States and Israel, insisting his wounds were minor despite months of international reports describing him as seriously injured and absent from public life. Hossein Kermanpour, head......

Global markets rebound after report on possible Iran sanctions relief

Global financial markets recovered from steep early losses on Monday after reports emerged suggesting the United States could temporarily ease sanctions on Iranian oil exports during ongoing diplomatic talks. The late session reversal helped calm investors rattled by escalating tensions between Washington and Tehran, surging oil prices, and......

Nvidia warns memory shortages are slowing global AI expansion

Nvidia CEO Jensen Huang said the biggest constraint facing the artificial intelligence industry is no longer chip production capacity but access to high bandwidth memory, as demand for AI infrastructure continues to outpace global supply. Speaking during the Dell World conference in Las Vegas, Huang said semiconductor manufacturing is expanding......

India’s LPG crisis pushes California gasoline prices above $6

California gasoline prices have surged past six dollars per gallon as the conflict involving Iran, Israel, and the United States disrupts global energy supply chains and reshapes fuel production priorities in India. The crisis has linked cooking gas shortages in South Asia to mounting pressure on American fuel markets, exposing the fragility......

Meta details AI restructuring as 8,000 layoffs begin

Meta will begin a new round of global layoffs on Wednesday as the company accelerates a broad restructuring focused on artificial intelligence and leaner management structures. Internal documents shared with employees show that dismissal notices will be delivered in three waves at 4 a.m. local time on May 20, while thousands of workers are......

United States strengthens Ebola precaution measures while saying public risk remains low

Health authorities in the United States have announced new precautionary measures to reduce the potential risk of Ebola entering the country, following concerns linked to a recent outbreak in parts of Africa. Officials, however, emphasized that the immediate risk to the public remains low. The Centers for Disease Control and Prevention (CDC)......

X limits non verified users to 50 posts daily

X has introduced new posting limits for accounts that are not verified, restricting them to 50 original posts per day and 200 replies per day. The change also introduces additional throttling through time windows, further limiting how frequently non paying users can publish content during short intervals. The move sharpens the divide between......

US treasury reaches $275 million settlement with Adani Enterprises

The United States Department of the Treasury has announced a financial settlement worth 275 million dollars with Adani Enterprises over alleged violations linked to American sanctions on Iran. According to U.S. authorities, the agreement concerns dozens of apparent breaches of sanctions regulations involving trade or financial activities......

Cuba defends its “Legitimate” right to respond to possible US aggression

Tensions between Cuba and the United States have intensified after Cuban President Miguel Díaz-Canel defended his country’s “legitimate” right to respond to any potential military aggression from Washington. In recent statements published on social media, Díaz-Canel argued that Cuba has the right to defend......

Citi and BlackRock’s HPS launch major private credit program in Europe and the Middle East

Citigroup and BlackRock, through its subsidiary HPS Investment Partners, have announced a major partnership to launch a private credit program valued at approximately 17.5 billion dollars. The initiative aims to expand direct lending activities across Europe, the United Kingdom, and eventually the Middle East. The new investment program is......

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