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Figure AI said it has closed a $1.5 billion Series C funding round, a major capital boost aimed at expanding production of its humanoid robots and preparing them for broader industrial use. The…
Swedish fintech Klarna has raised $2.6 billion in a new funding round led by Sequoia Capital, valuing the buy-now-pay-later company at $15 billion. The deal marks the largest AI-related investment…
The U.S. economy expanded at a 2.8% annualized pace in the second quarter, outpacing forecasts and pointing to continued resilience in the face of higher borrowing costs and slower global growth.…
OpenAI has completed a massive new funding round, bringing in $40 billion and pushing its valuation to $300 billion, according to Reuters. The deal was led by Microsoft, which is also increasing its…
Spot bitcoin exchange-traded funds saw a sharp surge in demand on Monday, pulling in $1.2 billion in net inflows, according to Reuters. The jump marked one of the strongest single-day totals in weeks…
Brazilian President Luiz Inácio Lula da Silva has signed a decree designed to strengthen the country’s renewable energy sector by widening tax incentives for solar and wind projects. The move is part…
The U.S. economy grew at a 2.4% annualized rate in the second quarter, according to the latest Reuters report, topping analysts’ expectations. The reading suggests the economy maintained momentum…
Meta Platforms shares rose 2.4% on Friday after the company said it plans to spend $65 billion on artificial intelligence infrastructure this year, up from a previous target of $40 billion. The move…
The UK government has approved 41 renewable energy projects in its latest allocation round, advancing a mix of solar, onshore wind and battery storage developments across the country. The new…
Developers have announced plans for a major battery storage expansion in Texas and California, with projects totaling 4.8 gigawatts of capacity and about $2.7 billion in private investment. If…
The U.S. economy expanded at a faster pace than economists expected in the second quarter, helped by steady consumer demand and higher business investment. The Commerce Department said gross domestic…
The U.S. economy grew at a stronger-than-expected pace in the second quarter, according to preliminary Commerce Department data. The result suggests households and businesses kept spending despite…
