CuspAI Raises $450 Million to Accelerate AI-Driven Materials Discovery
British artificial intelligence startup CuspAI has raised $450 million in a Series B funding round led by Kleiner Perkins and NEA, reaching a valuation of $2.6 billion. The round attracted major investors including the...
Jersey Mike’s Targets Nearly $8 Billion Valuation in U.S. IPO
Sandwich chain Jersey Mike’s Subs is aiming for a valuation of up to $7.94 billion in its U.S. initial public offering (IPO), testing investor demand for restaurant stocks amid a recovering market for new...
Trump Seeks Review of Federal Climate Science Judicial Manual
U.S. President Donald Trump has called for a review of the Federal Judicial Center’s scientific reference manual used in climate change-related court cases, alleging it contains “discredited” information that has caused significant losses to...
Trump Pressures Canada Over Wildfire Smoke
U.S. President Donald Trump said he urged Canadian Prime Minister Mark Carney to strengthen efforts to control Ontario’s wildfires, whose smoke has spread across several U.S. states. Speaking after attending the FIFA World Cup...
Citadel Securities Invests $400 Million in Crypto.com at $20 Billion Valuation
Crypto.com has secured a $400 million investment from global market maker Citadel Securities in its first-ever institutional fundraising round, valuing the cryptocurrency exchange at $20 billion. The investment reflects the increasing convergence of traditional...
Trump Declassifies China Election Documents, Revives 2020 Claims
U.S. President Donald Trump on Thursday declassified a series of documents that he said revealed Chinese interference in U.S. elections and exposed vulnerabilities in America’s election system. He claimed China had obtained millions of...
U.S. Appeals Court Backs Pentagon Press Access Restrictions
A U.S. federal appeals court has ruled in favor of President Donald Trump’s administration, allowing the Pentagon to continue enforcing its policy requiring journalists to be escorted while inside the Pentagon. The decision overturns...
US Pending Home Sales Drop Sharply in June Amid High Mortgage Rates
Contracts to purchase previously owned homes in the United States fell far more than expected in June, highlighting continued weakness in the housing market. The National Association of Realtors’ Pending Home Sales Index dropped...
Portugal Joins Global HealthAI Network Ahead of EU AI Rules
Portugal has become the first European Union member state to join HealthAI’s Global Regulatory Network (GRN), marking a significant step in strengthening international oversight of artificial intelligence in healthcare. The agreement between Portugal’s healthcare...
U.S. Slaps 25% Tariffs on Brazil, Escalating Global Trade Tensions
The United States has imposed a 25% tariff on many imports from Brazil while granting a broader-than-expected list of exemptions, marking the first country targeted under the Trump administration’s revamped tariff strategy. The duties,...