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Anthropic has closed a $13 billion Series F funding round, lifting the AI startup’s valuation to $183 billion, according to people familiar with the deal cited by Reuters. The financing marks one of…
NATO Secretary General Mark Rutte said on Saturday that all alliance members now meet the bloc's longstanding target of spending at least 2% of GDP on defense. He described the shift as a major…
Hong Kong’s securities regulator has proposed a major overhaul of rules for virtual asset trading platforms, signaling a sharper push to bring the sector under stricter supervision. The draft…
Klarna has secured $2.5 billion in new funding in a round led by SoftBank Vision Fund 3, according to Reuters. The Swedish buy-now-pay-later company was valued at about $15 billion in the…
NATO allies meeting in The Hague have agreed to aim for defense spending equal to 3% of GDP by 2030, a higher benchmark meant to respond to growing security concerns across Europe and beyond. The…
Federal Reserve Chair Jerome Powell said the central bank is still weighing its next move on interest rates as new economic data comes in, pointing to continued strength in consumer spending.…
Swedish buy-now-pay-later company Klarna has secured $1.2 billion in new financing, lifting its valuation to $10.5 billion. The deal marks the firm’s first major capital raise since 2022 and comes as…
The Pentagon said Friday that U.S. military assistance to Ukraine will continue under existing authorities, even as lawmakers weigh new funding measures. The statement comes amid ongoing debate in…
OpenAI has closed a new $8.3 billion funding round, according to people familiar with the transaction, in a deal that values the company at $300 billion. The round was led by Thrive Capital and…
The U.S. economy grew at a 2.1% annual pace in the second quarter, a slowdown from the 3.0% rate recorded in the first quarter, according to Reuters. The softer reading reflected a moderation in…
EU defense ministers have reached a preliminary deal on new joint procurement rules designed to make military spending faster and more coordinated across the bloc. The plan is aimed at simplifying…
The U.S. economy expanded at a 1.8% annualized pace in the first quarter, falling short of market expectations as household spending lost momentum and business investment eased. The latest reading…
