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Elon Musk’s xAI secures $20B boost as Nvidia, Apollo, and Valor back data centre expansion

Elon Musk’s artificial intelligence company xAI is scaling up its ambitions with a massive $20 billion funding round, backed by Nvidia, Apollo…
Stock

SoftBank to acquire ABB’s robotics unit for $5.4B in AI push

SoftBank Group said on Monday it would acquire the robotics division of Swiss engineering firm ABB for $5.4 billion, marking one of…
Stock

European stocks open higher: CAC 40 climbs 0.11%, FTSE 100 jumps 0.14%

European shares opened mostly higher on Wednesday, led by gains in banks and energy stocks, though advances were tempered by declines in…
Stock

EU steel tariff surge threatens UK exports and auto supply chains

The European Union’s decision to slash duty-free steel quotas and double tariffs on excess imports to 50% has triggered alarm among British…
Stock

Why Tata Motors stock remains in the red for the fourth session running

Tata Motors stock continues its downward streak, dropping for the fourth straight session to ₹688.9 on the NSE, a fall of nearly…
Stock

Adani Group under scrutiny again: what’s behind the latest probe in India

Adani Enterprises’ defence wing, Adani Defence Systems and Technologies, has found itself in hot water again, this time over allegations of import…
Stock

JLR resumes UK production after cyberattack disrupts global supply chain

Jaguar Land Rover Automotive Plc (JLR) is restarting production at several UK sites after a major cyberattack halted operations for weeks, disrupting…
Stock

Dow futures remain muted on Tuesday: 5 things to know before Wall Street opens

Dow futures remained in flat territory on Tuesday, after Wall Street enjoyed a strong rally that pushed major indexes to record highs….
Stock

Evening demand drives India’s return to coal-fired power, hindering decarbonisation

Despite India’s push for clean energy, state electricity distributors are entering into long-term agreements with coal-fired power generators. This move is aimed…
Stock

OpenAI identifies Chinese users leveraging ChatGPT for monitoring, profiling tools

OpenAI has said that suspected Chinese government-linked users attempted to use ChatGPT to design proposals and marketing materials for mass-surveillance tools, including…
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