LONDON — British autonomous driving start up Wayve is reportedly in talks with Microsoft and SoftBank to raise as much as $2 billion in fresh funding, a deal that could value the London based company at about $8 billion, according to a report by the Financial Times on Monday. If confirmed, the investment would mark … Read more
Broadcom’s top chip executive on Monday dismissed speculation that OpenAI was the company’s unnamed $10 billion customer, clarifying widespread assumptions that emerged after Broadcom’s September earnings call. Charlie Kawwas, president of the semiconductor solutions group at Broadcom, said during a joint appearance with OpenAI President Greg Brockman on CNBC’s Squawk on the Street that the … Read more
BEIJING (AP) — China trade data showed a surprising rebound in September as exports rose at the fastest pace in six months and imports climbed to their strongest level since April 2024, defying expectations of a prolonged slowdown amid rising trade tensions with the United States. Exports increased 8.3% from a year earlier in US … Read more
NEW YORK — Cathie Wood, founder and chief executive of ARK Invest, trimmed her firm’s position in artificial intelligence giant Palantir Technologies, signaling a tactical shift as valuations across the AI sector soar. According to ARK’s daily trade filings, the firm sold about 4,000 Palantir shares on October 10, worth roughly $754,000. Though modest, the … Read more
SYDNEY — In a quiet suburb outside Brisbane, a spider like construction robot named Charlotte is turning heads and reshaping ideas about how homes are built. The Australian robot can 3D print an entire 2,150 square foot house in just one day, using locally sourced and sustainable materials. Developed by Crest Robotics in collaboration with … Read more
JERUSALEM — Former US President Donald Trump departed Sunday for Israel and Egypt to mark a newly brokered ceasefire between Israel and Hamas, a deal his administration helped negotiate to end nearly two years of conflict. The visit comes as both sides begin implementing the first phase of the Trump mediated agreement aimed at a … Read more
BEIJING — China’s market regulator said Sunday that US semiconductor giant Qualcomm Inc. admitted it had failed to notify authorities before completing its acquisition of Israeli automotive chipmaker Autotalks in June, prompting an antitrust investigation into the company’s conduct. The State Administration for Market Regulation announced that Qualcomm proceeded with the $350 million acquisition despite … Read more
NEW YORK — Comedian Amy Poehler returned to Saturday Night Live on Saturday to celebrate the show’s 50th anniversary, blending humor with a pointed jab at artificial intelligence. During her opening monologue, she took aim at the emerging phenomenon of digital performers, joking, “You’ll never be able to write a joke, you stupid robot,” in … Read more
LOS ANGELES — Diane Keaton, the Oscar winning actor celebrated for her roles in Annie Hall, The Godfather, and Something’s Gotta Give, has died at age seventy nine in California, according to a statement released to People magazine on Friday. Her family, through a spokesperson, confirmed the news and requested privacy, saying further details would … Read more
NEW YORK — US stocks tumbled Friday after former President Donald Trump warned of “massive” new tariffs on Chinese imports, wiping out roughly $2 trillion in market value within hours and sending a shockwave through global markets. The S&P 500, which had been near an all time high early in the session, fell 2.7% by … Read more