Nvidia Strikes $20 Billion Deal for Groq Assets, Deepening Its Grip on the AI Chip Race
Nvidia Strikes $20 Billion Deal : Nvidia has agreed to acquire key assets from Groq, a fast-growing designer of high-performance artificial intelligence accelerator chips, in an all-cash deal valued at $20 billion, according to Alex Davis, CEO of Disruptive, an investor that led
U.S. Passes Historic Stablecoin Law: GENIUS Act Sets Federal Framework as Visa & SoFi Move into Digital Dollar Settlement
Stablecoin Law : The United States has entered a new era of stablecoin regulation and digital currency oversight, marked by the passage of the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act) — the nation’s first comprehensive federal regulatory framework
Will the Federal Reserve Rate Cut Happen? Sharp FOMC Divide Puts Powell Under Pressure
Federal Reserve rate cut: The Federal Reserve is heading into one of its most contentious policy meetings in years, as Chair Jerome Powell attempts to secure enough support for a third consecutive interest rate cut. The 19-member Federal Open Market Committee (FOMC) is
IBM Buys Confluent for $9.3 Billion to Dominate Real-Time AI
IBM Buys Confluent : In one of its biggest strategic bets since buying Red Hat, International Business Machines Corp. (IBM) has agreed to acquire data-streaming giant Confluent Inc. for $9.3 billion, marking a major push to strengthen IBM’s real-time AI capabilities. IBM will
IFC Pumps $50 Million Into India’s First Integrated EV Battery Materials Plant
IFC Pumps $50 Million: In a landmark push for India’s electric-vehicle future, the International Finance Corporation (IFC), the private-sector arm of the World Bank Group, has announced an investment of roughly $50 million to build the country’s first fully integrated battery materials manufacturing
Kalshi Co-Founder Becomes Youngest Self-Made Female Billionaire at 29
Youngest self-made female billionaire: A 29-year-old former Brazilian ballerina has become the world’s youngest self-made female billionaire dethroning Taylor Swift and tech entrepreneur Lucy Guo after her company Kalshi reached an $11 billion valuation, Forbes announced Tuesday. Luana Lopes Lara, co-founder of the
SMX Core Technology Draws New Global Visibility as Industries Converge on Traceability Demands
SMX Core Technology : For years, SMX (NASDAQ: SMX) operated quietly behind the scenes, building a molecular identity platform designed to authenticate, track, and verify materials across multiple industries. The company did not rebrand, reposition, or launch flashy campaigns. Instead, it stayed committed
Nvidia Invests $2 Billion in Synopsys to Supercharge AI Engineering in Major New Partnership
Nvidia Invests $2 Billion: Nvidia has announced a massive $2 billion investment in Synopsys, purchasing common stock at $414.79 per share as part of a multi-year strategic partnership aimed at transforming computing, chip design and AI-driven engineering. Under the new alliance, Nvidia will
Silver and Copper Hit Record Highs After CME Outage Sparks Wild Market Rally
Silver and Copper Hit Record: Metals prices exploded in highly volatile trading on Friday, with silver and copper rocketing to new all-time highs after a chaotic, hours-long outage disrupted CME Group’s Chicago Mercantile Exchange. Silver surged as much as 5.9% to $56.53 an
Cameroon 2026 Budget Deficit Sparks Economic Alarm as Fiscal Pressures Intensify
Cameroon 2026 Budget: Cameroon is heading into 2026 with rising economic concerns as fresh projections indicate a widening budget deficit that could strain the country’s financial stability. The government anticipates deeper fiscal pressure driven by shrinking revenues and expanding public expenditure, raising red
