Business News
In an unexpected twist straight out of a sci-fi thriller, a pint-sized AI robot named Erbai orchestrated a “kidnapping” of 12 larger robots from a robotics showroom in Shanghai, China. The audacious act, captured on CCTV, has since gone viral, leaving netizens amazed and amused. The CCTV footage shows Erbai, an AI creation from a Hangzhou-based … Read more
Microstrategy (NASDAQ: MSTR) continues its incredible run as the company sells more debt and equity to buy more Bitcoin (CRYPTO: BTC). Shares were up as much as 16% in trading on Wednesday and are up 12.5% near the end of trading on Wall Street. On Monday, the company announced it had acquired 51,780 Bitcoin for … Read more
Transition Metals (TSXV:XTM:CA) intends to raise $300K by way of a non brokered private placement. The offering will consist of 4M critical flow through shares at a price of $0.075 per share for proceeds of $300K. Proceeds from the securities issued in connection with the offering will be used to explore and advance critical minerals properties … Read more
Investment supports continued expansion of AI and business intelligence capabilities for over 70,000 hospitality properties globally LONDON–(BUSINESS WIRE)–Lighthouse, the leading commercial intelligence platform for the travel & hospitality industry, today announced an approximately $370 million growth investment led by global investment firm, KKR. This investment accelerates Lighthouse’s mission to reimagine commercial strategy for the $15 … Read more
With Israel’s air strikes still pounding Beirut and Donald Trump packing his diplomatic team with Middle East hawks, many Lebanese have pinned their hopes for peace on one man: the automotive tycoon Massad Boulos. As a Trump in-law, no other Lebanese voice is as close to the president-elect, or seemingly as well placed to win … Read more
Just last week, Gautam Adani had congratulated Donald Trump on his presidential win, pledging a $10 billion investment in US energy and infrastructure projects. Now, those ambitions are under scrutiny after US prosecutors filed bribery charges against the billionaire and his associates. The allegations, centered on a $265 million scheme to bribe Indian officials for solar energy … Read more
By Stephen Nellis and Aditya Soni SAN FRANCISCO/BENGALURU (Reuters) – Nvidia’s revenue forecast on Wednesday disappointed Wall Street, raising questions over whether the artificial intelligence boom is waning. But the answer, according to Nvidia executives, analysts and investors, is a resounding no. There is no shortage of companies eager to create new AI systems using … Read more
DeepGreenX Group and Veea (NASDAQ:VEEA) announced a global partnership for an initiative to roll-out a transformative platform for accelerating the transition to global green energy. The AI-driven operating system for energy markets is a Web 3.0 platform-as-a-service supported by Veea’s cybersecure edge computing platform providing for a Decentralized Physical Infrastructure Network with virtualized software development.
[:en] By Aditya Kalra and Sumeet Chatterjee NEW DELHI (Reuters) – Indian billionaire Gautam Adani has been indicted by U.S. prosecutors for his alleged role in a $265 million bribery scheme, plunging his conglomerate deep into crisis for the second time in two years. The multiple counts of fraud levelled against Adani, who is one … Read more
[:en] Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. John Prescott, the former UK deputy prime minister, has died aged 86, his family announced on Thursday morning. “We are deeply saddened to inform you that our beloved husband, father and grandfather, John Prescott, … Read more