Author: Admin
SoftBank reportedly weighs $100 billion valuation for new AI and robotics spinout in potential U.S. IPO
CANADA – 2025/08/07: In this photo illustration, the SoftBank Group (Soft Bank) logo is seen displayed on a smartphone screen. (Photo Illustration by Thomas Fuller/SOPA Images/LightRocket via Getty Images) Sopa Images | Lightrocket | Getty Images SoftBank Group is planning to create and list a standalone artificial intelligence and robotics company in the U.S. as […]
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Nvidia just invested in the AI legal startup that’s splashing Jude Law ads everywhere
AI legal tech Legora advert featuring Jude Law. Credit: Legora Nvidia’s venture arm, NVentures, has invested in Swedish AI legal tech Legora at a $5.6 billion valuation, as the chip giant continues to ramp up startup funding across the globe. Legora on Thursday exclusively told CNBC that Nvidia had backed it as part of a […]
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U.S. House approves outline for $70 billion more for immigration enforcement
Federal agents, including members of the Department of Homeland Security, the Border Patrol, and police, attempt to keep protesters back outside a downtown U.S. Immigration and Customs Enforcement (ICE) facility on Oct. 4, 2025 in Portland, Oregon. Spencer Platt | Getty Images The U.S. House of Representatives on Wednesday approved a three-year budget plan that […]
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Brent crude tops $121 as U.S. military to reportedly brief Trump on potential action against Iran
Alexander Manzyuk | Reuters Oil extended gains as a report suggested the U.S. military would brief President Donald Trump on potential action against Iran, raising worries that armed conflict could resume, building on the American blockade of Iranian exports. Axios reported Thursday that the U.S. Central Command was set to present Trump plans for potential […]
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China factory activity tops expectations in April — but growth slows as new orders soften
Workers producing garments at a textile factory that supplies clothes to fast fashion e-commerce company Shein in Guangzhou in southern China’s Guangdong province. Jade Gao | Afp | Getty Images China’s factory activity topped analysts’ expectations in April, although growth slowed from the prior month when it hit a year-high, as new orders saw a […]
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CNBC Daily Open: Trump’s big threats and Big Tech’s bigger wallets
Iran is back at the top of our headlines after U.S. President Donald Trump threatened Tehran again. Source
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Investors still trust Google more than Meta when it comes to spending their money on AI
Sundar Pichai, CEO of Alphabet. Source: Alphabet Meta and Alphabet both beat expectations in their earnings reports on Wednesday, each recording their fastest growth in years. They also lifted their guidance for capital expenditures for the year, telling investors that they’re going to keep pouring money into artificial intelligence infrastructure. But despite their similarly upbeat […]
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Inside India newsletter: AI is exposing cracks in India’s growth story as it hits high-paying IT jobs
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Over the past two decades, India’s IT sector has been driving a consumption boom that has in many ways anchored the India growth story. […]
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Microsoft delivers a promising quarter but can’t shake the software fears
Microsoft on Wednesday reported better-than-expected quarterly results and issued a strong forecast for its all-important Azure cloud unit. But key debates hanging over the stock weren’t put to bed, resulting in a muted reaction in extended trading. Here’s a look at some of the key metrics in Microsoft’s fiscal 2026 third quarter versus the Wall […]
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Asia-Pacific markets open lower as oil climbs on Iran tensions, Fed holds rates
A man passes an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock Exchange in Tokyo on March 31, 2026. (Photo by Kazuhiro NOGI / AFP via Getty Images) Kazuhiro Nogi | Afp | Getty Images Asia-Pacific markets opened mostly lower Thursday, tracking overnight losses in key Wall Street benchmarks as […]
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