With energy and cash to spare, the Middle East’s wealthy Gulf states are attempting to position themselves as the next global AI hub.
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Inside the Gulf’s trillion-dollar AI gamble
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Asia markets mostly set to rise as investors watch second day of Trump-Xi summit
China’s President Xi Jinping (R) and US President Donald Trump visit the Temple of Heaven in Beijing on May 14, 2026. Xi warned Trump that the issue of Taiwan could push their two countries into “conflict” if mishandled, a stark opening salvo as a superpower summit set to tackle numerous thorny issues began in Beijing […]
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SpaceX IPO prospectus could land as soon as next week, sources say
Tesla and SpaceX CEO Elon Musk attends a state banquet for US President Donald Trump and China’s President Xi Jinping at the Great Hall of the People in Beijing on May 14, 2026. Brendan Smialowski | Afp | Getty Images SpaceX, which confidentially filed for an IPO in April, is planning to disclose its prospectus […]
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Crypto industry scores win as Clarity Act regulation bill clears Senate hurdle
Gopixa | Istock Editorial | Getty Images The cryptocurrency industry notched a key win after a Senate panel on Thursday approved the Clarity Act, the first wide-ranging piece of legislation pertaining to the new industry. The Senate Banking Committee largely voted along party lines, 15-9, with Democratic Sens. Ruben Gallego, of Arizona, and Angela Alsobrooks, […]
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