DeepSeek slated to raise $7 billion in maiden funding round, sources say
June 3 (Reuters) – DeepSeek, China’s best-known AI startup, is set to raise about 50 billion yuan ($7.4 billion) in...
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Ukraine strikes St Petersburg oil terminal, naval base as Putin's 'Davos' gets under way
by Reuters
By Guy Faulconbridge and Andrew Osborn ST PETERSBURG, Russia, June 3 (Reuters) – Ukrainian drones hit an oil terminal in...
Zara owner Inditex defies consumer gloom with strong early summer sales
by Reuters
By Helen Reid LONDON, June 3 (Reuters) – Zara owner Inditex reported a strong start to summer trading on Wednesday...
Hilton, Becerra lead primary race for California governor
by Reuters
By Daniel Trotta June 2 (Reuters) – Republican television commentator Steve Hilton and Democratic former cabinet secretary Xavier Becerra took...
Analysis-A strong El Nino may be imminent. Climate change will make its effects worse
by The Record
By Kate Abnett BRUSSELS, June 2 (Reuters) – The El Nino weather pattern is forming, and is expected to cause...
Euro zone business wilts in May as war-driven inflation surges, pointing to Q2 GDP contraction
by Reuters
LONDON, June 3 (Reuters) – Euro zone private sector activity shrank at the fastest rate in 18 months in May...
Trump administration to ask US AI firms to voluntarily submit models for cybersecurity tests
by Reuters
By Courtney Rozen, Ismail Shakil and Bhargav Acharya June 2 (Reuters) – The Trump administration will ask leading AI developers...
Trump administration drops $1.8 billion 'weaponization' fund after Republican backlash
by Reuters
By Dan Rosenzweig-Ziff, Nandita Bose and Richard Cowan WASHINGTON, June 2 (Reuters) – The Trump administration is abandoning the president’s...
Exclusive-SpaceX plans to set IPO price at $135 per share, targeting record $75 billion raise, source says
by Reuters
By Echo Wang NEW YORK, June 2 (Reuters) – In a surprise move ahead of its investor roadshow, Elon Musk’s...
Exclusive-SpaceX targets $1.75 trillion valuation in all-primary IPO next week, sources say
by Reuters
By Echo Wang June 2 (Reuters) – SpaceX, Elon Musk’s rocket and satellite company, plans to target a valuation of...