Joby Aviation shares pop 13% as electric air taxi maker closes $250 million Toyota investment
Joby announced that it received the first $250 million of a $500 million investment from Toyota to support its air taxis.
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Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI
Instacart has appointed business chief Chris Rogers as its new CEO, less than a month after OpenAI announced CEO Fidji Simo as its new operations chief.
Instacart names Chris Rogers as CEO after Fidji Simo’s exit for OpenAI Read More »
Goldman-backed Starling Bank reports 26% drop in annual profit as it flags Covid loan fraud issue
British neobank Starling posted an annual profit before tax of £223.4 million, down nearly 26% year-on-year.
China and tariffs have wiped off $130 billion from critical chip firm ASML since peak value
ASML, like many chip firms, has been hit by restrictions on exports to China and U.S. tariff uncertainty.
The U.S.’ AI love affair with the UAE isn’t just about access — it’s about dominance
The UAE seeks to expand its geopolitical influence while the U.S. needs cheap, abundant power and international partners to stay ahead of China in the AI race.
The U.S.’ AI love affair with the UAE isn’t just about access — it’s about dominance Read More »
Getty Images spending millions to battle a ‘world of rhetoric’ in AI suit, CEO says
Getty Images is spending “millions and millions of dollars” on its legal case against Stability AI, the photo licensing company’s CEO Craig Peters told CNBC.
Getty Images spending millions to battle a ‘world of rhetoric’ in AI suit, CEO says Read More »
SpaceX’s Starship explodes for third time in a row, Musk promises more frequent launches
SpaceX’s Starship system exploded on Tuesday in a test flight, the third consecutive setback for the rocket company.
SpaceX’s Starship explodes for third time in a row, Musk promises more frequent launches Read More »
Musk’s role leading DOGE qualifies as ‘continuing and permanent,’ federal judge says
A district court judge in Washington, D.C., said on Tuesday that Elon Musk has an expansive role in the federal government.
Musk’s role leading DOGE qualifies as ‘continuing and permanent,’ federal judge says Read More »
Circle IPO has peculiar Facebook-like characteristic
In its updated IPO prospectus on Tuesday, Circle indicated that most of the shares being sold are coming from existing stakeholders rather than the company.
Circle IPO has peculiar Facebook-like characteristic Read More »