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...
German Bond Yields Hit Two-Year High as Oil Surge Fuels ECB Rate Hike Expectations
German two-year government bond yields climbed to their highest level in two years on Monday as rising oil prices, driven by escalating tensions involving Iran, strengthened expectations that the European Central Bank (ECB) will...
EU Pushes to Ease Cross-Border Bank Mergers to Boost Global Competitiveness
The European Commission plans to reduce political interference in banking mergers and remove barriers to cross-border consolidation within the European Union, aiming to help European banks compete more effectively with larger U.S. financial institutions....
Hitachi Energy, Eve Partner to Build Charging Network for Flying Cars
Hitachi Energy and Eve Air Mobility have entered into a strategic partnership to develop the power infrastructure required for Eve’s electric vertical takeoff and landing (eVTOL) aircraft, commonly known as flying cars. The collaboration...
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...