xAI generated US$3.2 billion in total revenue during 2025 while reporting an operating loss of US$6.4 billion, according to financial information disclosed in SpaceX’s IPO
U.S. equity markets traded mostly higher on Tuesday after softer-than-expected inflation data reinforced expectations that the Federal Reserve will keep interest rates unchanged at its
Federal Reserve Chair Kevin Warsh reaffirmed the central bank’s commitment to restoring price stability, saying policymakers remain focused on bringing inflation under control while describing
Confidence among U.S. small business owners improved in June, with the National Federation of Independent Business (NFIB) Small Business Optimism Index rising to 97.4, its
Crude oil rose more than 3% to nearly US$81 per barrel on Tuesday, reaching its highest level in almost a month as the collapse of
LG Innotek reported a sharp increase in quarterly profitability, supported by strong demand for camera modules and semiconductor substrates, while continuing to expand its semiconductor
Shanghai-based Volant Aerotech has secured US$66 billion in orders for its electric vertical takeoff and landing (eVTOL) aircraft, underscoring growing commercial interest in the emerging
IFS has introduced IFS Zero, an agentic emissions operating system designed to help asset-intensive industries measure, disclose and optimize Scope 1, Scope 2 and Scope
FuriosaAI has partnered with Equinix to deploy its RNGD inference accelerator servers at the Equinix LS2 colocation facility in Lisbon, expanding artificial intelligence infrastructure for
European natural gas prices rose nearly 4% to around €50.7 per megawatt-hour (MWh) on Monday, recovering losses from the previous trading session as renewed military
