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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…
The U.S. personal savings rate fell to 3.9% in May, its weakest level since early 2024, as households used more of their income to cover rising living costs. Higher prices for essentials such as…
Alphabet and Meta are set to report quarterly results this week, with investors focused on two big questions: how much the companies are spending on artificial intelligence and whether legal pressure…
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…
NATO Secretary General Jens Stoltenberg has called on European allies to increase defense spending as pressure from U.S. President Donald Trump grows ahead of the alliance summit. The warning…
Economists expect the U.S. economy to maintain steady momentum in the second quarter, supported by resilient consumer spending and solid corporate earnings. The latest forecasts point to continued…
OpenAI has completed a $40 billion funding round that places the company’s post-money valuation at $300 billion, according to Reuters. The deal adds fresh capital to one of the world’s most closely…
European Union defence ministers have agreed to add €5 billion to a joint procurement plan aimed at strengthening the bloc’s defence-industrial base. The decision comes as European leaders prepare…
Humanoid robotics startup Figure AI has raised $1.5 billion in a new funding round, according to Reuters. The deal was led by Bezos Expeditions and NVIDIA, adding fresh capital to a company that has…
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.…
Venture funding for AI tutoring platforms and adaptive learning management systems reached $1.2 billion in the second quarter, reflecting strong investor interest in tools that personalize education.…
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…
