Elon Musk’s xAI Seeks $20B in New Funding at $120B Valuation
Elon Musk’s artificial intelligence startup, xAI, is reportedly in early discussions to raise up to…
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Nvidia to Release Downgraded H20 AI Chip for China Amid U.S. Export Controls
Nvidia is set to release a downgraded version of its H20 artificial intelligence chip for…
Bank of England Governor Calls for Rebuilding UK-EU Trade Relations to Mitigate Post-Brexit Economic Challenges
Bank of England Governor Andrew Bailey has emphasized the necessity for the United Kingdom to…
Trump Maintains 145% Tariffs on China Ahead of Trade Talks
On May 7, 2025, President Donald Trump announced that he will not reduce the current…
US and UK Finalize Trade Agreement with 10% Tariff on Auto Exports
On May 8, 2025, President Donald Trump and UK Prime Minister Sir Keir Starmer announced…
Cardinal Robert Prevost Elected as Pope Leo XIV, First American Pontiff
On May 8, 2025, Cardinal Robert Francis Prevost of the United States was elected as…
U.S. Stock Futures Rise Amid Trade Deal Hopes and Anticipation of Fed Decision
U.S. stock futures experienced an uptick on May 7, 2025, buoyed by optimism surrounding upcoming…
Bitcoin Climbs to $96.4K Amid Optimism Over U.S.-China Trade Talks and Corporate Investment
Bitcoin’s price rose to $96,400 on May 7, 2025, driven by renewed optimism surrounding U.S.-China…
Amazon’s Zoox to Expand Robotaxi Production in 2026 for U.S. Growth
Amazon’s autonomous vehicle subsidiary, Zoox, is set to significantly expand its robotaxi production in 2026,…
Announces Pharmaceutical Tariffs and Signs Executive Order to Boost Domestic Production
On May 5, 2025, President Donald Trump announced plans to impose new tariffs on pharmaceutical…