Rodrigo Liang, Co-founder & CEO, SambaNova Systems, on the AI Summit stage during day two of Web Summit Vancouver 2026 at Vancouver Convention Centre in Vancouver, Canada. Shauna Clinton | Sportsfile | Getty Images An AI chip startup has raised $1 billion in financing as investors continue to pour money into companies looking to challenge…
United Nations — A new assessment from the United Nations Development Programme (UNDP) warns that the Ebola outbreak could cost Africa USD 3.6 billion, push 985,000 people into poverty, and put 300,000 jobs at risk. The new analysis shows that the damage extends well beyond just those infected, disproportionately harming vulnerable populations and creating trade…
The Court of Justice of the European Union (CJEU), Europe’s highest court of appeal, has definitively upheld a record-setting €4.1 billion ($4.67 billion) antitrust fine against Google and its parent company, Alphabet. The ruling officially dismisses Google’s final appeal and solidifies the penalty originally levied in 2018 for anti-competitive practices surrounding its Android operating system….
In the modern private spaceflight sector, launching rockets is no longer enough, aerospace firms increasingly need to own the payloads they carry. Rocket Lab has announced a massive $8 billion acquisition of Iridium Communications in a direct bid to secure the infrastructure needed to compete with SpaceX’s rapidly expanding Starlink network. Subject to regulatory approvals,…
A general view of the Baidu logo is seen at the Shanghai New Expo Center during the World Artificial Intelligence Conference 2025 in Shanghai, China, on July 28, 2025. Ying Tang | Nurphoto | Getty Images Hong Kong-listed shares of Baidu surged more than 7% Monday on reports that its artificial intelligence chip unit Kunlunxin…
Fox Corp is placing a massive bet on the future of cord-cutting, announcing a cash-and-stock deal to purchase streaming pioneer Roku for approximately $22 billion. The blockbuster acquisition aims to combine Fox’s premier live sports and news programming with Roku’s hardware and software footprint, accelerating Fox’s transition into the digital-first era. Read: Meta rolls out…
Just days after its historic initial public offering (IPO), SpaceX has officially agreed to acquire AI coding startup Cursor in a massive $60 billion all-stock transaction. The agreement solidifies a fast-moving corporate courtship that began less than two months ago, with the deal projected to close in the third quarter of this year. Read: Meta…
Less than a week after its blockbuster $75 billion initial public offering, SpaceX has appointed veteran Sequoia Capital investor Roelof Botha to its board as an independent director. According to a regulatory filing, Botha will also join the aerospace giant’s audit committee effective immediately. Read: Siri AI: A deep dive into Apple’s new intelligent assistant…
The Manus logo is displayed on a smartphone screen, with the Meta logo visible in the background. Cheng Xin | Getty Images News | Getty Images Meta Platforms has begun dismantling its $2 billion acquisition of Manus, according to a Bloomberg report, as the tech giant moves to comply with Beijing’s unprecedented order to unwind…
The Blackstone headquarters in New York, US, on Wednesday, July 17, 2024. Bloomberg | Bloomberg | Getty Images Blackstone said Tuesday it had raised $13.1 billion for its latest Asia private equity fund, marking its largest PE fundraise in the region. The alternative asset manager said that Blackstone Capital Partners Asia III exceeded its $10…
