Embark Trucks, a San Francisco autonomous trucking firm once valued at $5.2 billion, announced Friday it will lay off 230…
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Eurozone’s €440 Billion Invested in US Tech Fuels American AI Expansion
Eurozone households hold about €440 billion in US tech stocks, effectively funding America’s AI expansion while Europe captures little benefit,…
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European Workers’ Retirement Savings Quietly Underwrite America’s $1 Trillion AI Gamble
European pension funds and insurers are pouring retirement savings into long-term corporate bonds issued by US tech giants financing artificial…
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$60 Billion Cursor Deal Adds Enterprise AI to Starlink Portfolio
SpaceX completed its $60 billion acquisition of Anysphere, developer of the Cursor AI coding platform, on August 14. The all-stock…
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AI Demand Fuels China’s Exports to Record 23.9 Percent July Surge
China’s exports just hit an all-time monthly high, with AI hardware driving a 23.9 percent jump in July shipments. The…
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Protesters Slam Zelensky’s Wartime Removal of Defense Minister Fedorov
Ukraine is swapping out its defense minister at a moment when battlefield momentum hangs in the balance and Western patience…
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Record 38 Mega-Deals in Six Months Signal the Biggest M&A Surge in History as Trump Era and AI Hunger Reshape Corporate America
Global M&A activity surged roughly 30% year-on-year to US$2.6 trillion in the first half of 2026, with 38 deals valued…
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Global M&A Hits $2.6 Trillion as Executives Stop Waiting for Stability and Start Chasing a Record Year
Global mergers and acquisitions surged 30% year-on-year to US$2.6 trillion in the first half of 2026, spanning sectors from food…
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Canada Has the AI Talent to Win but a Two-Year Window Before U.S. Rivals Lock Up the Market
Canada possesses the talent and infrastructure for an AI startup boom but lacks the strategic focus to capitalize on it,…
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Defense Tech Funding Doubles in 2026 as War-Driven Startups Shatter Annual Records in Just Months
Global venture capital funding for defense technology startups has surged to $12.3 billion in 2026, more than doubling the same…
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