Elon Musk's AI startup xAI has successfully secured $6 billion in series B funding, propelling its post-money valuation to an impressive $24 billion.
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Bank of Israel Faces Inflation Risks Following Refusal to Cut Interest Rate due to Massive War Spending
The Bank of Israel has opted to maintain its benchmark interest rate amid concerns over war-related budget strains, inflationary pressures, and supply chain disruptions.
Post Office Scandal Sparks Major Criminal Inquiry, 80 Detectives Deployed Nationwide
Police are gearing up to investigate the Post Office scandal, where flawed software led to wrongful prosecutions, with victims facing a prolonged wait for justice.
EU Approves Law to Boost Domestic Green Tech Production, Targeting 40% Self-Sufficiency
European Union governments have officially approved the Net Zero Industry Act (NZIA) to boost green technology production, aiming to reduce reliance on US and Chinese manufacturers.
Starbucks Refuses to Discount Drinks as Price War Mounts in China's Booming Coffee Sector
Initially reluctant to engage in price wars in China's competitive coffee market, Starbucks now faces pressure to adapt as local budget-friendly rivals gain traction, prompting a surge in discount coupons.
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Indonesia's anti-trust agency is investigating the local operations of e-commerce platforms Shopee and Lazada for suspected violations of anti-competition regulations.
Cancer Research UK reports a nearly 30% increase in skin cancer rates over the past decade, urging the use of high-factor sunscreen, shade, and protective clothing, especially with the expected 20,800 cases this summer and a 57% rise among those over 80.
Miami has experienced a 50% rise in its freelance workforce and associated revenue over the past five years.
Iran plans to boost its oil production to four million barrels per day. Iran plans to boost its oil production to four million barrels per day. Iran Approves Plan to Increase Its Oil Production The country's Tasnim news agency said Sunday that an economic council headed by Iran's interim president Mohammad Mokhber approved this increase in its oil output.
Elon Musk is reportedly planning to launch a supercomputer for his artificial intelligence company, xAI.
David Beckham is the global brand ambassador for AliExpress as the e-commerce platform tries to expand internationally.
Texas experienced a record-breaking daily power consumption in May due to an ongoing heat wave. Texas experienced a record-breaking daily power consumption in May due to an ongoing heat wave.
Renowned bond investor Bill Gross believes the bond market would suffer more under a second Donald Trump term.
China launched the third phase of its ‘Big Fund’ program supporting local semiconductor manufacturers with an estimated value of $47.5 billion.
