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Business

Meta Considers a Strategic Shift: From Open-Source to Closed-Source AI Models Under New Leadership

Meta Platforms Inc. is reportedly considering a shift from its open-source Behemoth AI model to a closed-source approach under new leadership. This strategic reevaluation follows i...

Business

Elon Musk's xAI Secures $200M Pentagon Deal to Revolutionize Government AI with Grok

Elon Musk's xAI has secured a $200M deal with the Pentagon to enhance government AI capabilities using Grok, amidst controversies surrounding the chatbot's outputs and Musk's publi...

Business

Elon Musk Announces SpaceX's Starship Next Test Flight in Just Three Weeks

Elon Musk reveals SpaceX's Starship is set for another test flight in about three weeks, as announced on X. This announcement has generated excitement for the next phase in SpaceX'...

Business

NIQ Global Intelligence Aims for $7.08 Billion Valuation in NYSE IPO Debut

NIQ Global Intelligence plc is making headlines with its IPO filing on the NYSE, targeting a $7.08 billion valuation. Backed by Advent International and KKR, the company plans to o...

Business

Lockheed Martin Ventures into Deep-Sea Mining: A Strategic Move in the Pacific

Lockheed Martin is engaging in early talks with mining firms to exploit its Pacific deep-sea assets, following President Trump's executive order on international mining rights. Dis...

Business

MicroStrategy Expands Bitcoin Portfolio with a $472.5 Million Purchase Amid Market Fluctuations

MicroStrategy has significantly increased its Bitcoin investment with a $472.5 million purchase, bringing its total holdings to 601,550 Bitcoin. The acquisition, funded through sha...

Business

Panasonic Energy Launches Cutting-Edge EV Battery Plant in Kansas, Promising Thousands of Jobs

Panasonic Energy's new EV battery plant in Kansas is now operational, aiming to significantly boost US production capacity to 73 GWh and create thousands of jobs, marking a pivotal...

Business

High-Stakes Negotiations: India and US Edge Closer to Historic Trade Deal Amid Tariff Tensions

A senior Indian delegation is in Washington DC to negotiate an interim trade deal with the US ahead of Donald Trump's tariff deadline. Key sectors like agriculture and automobiles ...