Elon Musk donated $288 million to Trump’s 2024 election campaign, but now the tech mogul is calling for Trump’s impeachment…
The struggling chain has already closed over 100 locations as part of its Chapter 11 bankruptcy plan…
Soon human jobs may be taken over by technological innovations some think have gone too far…
Image Credits:Yuichiro Chino / Getty Images 3:14 PM PDT · June 5, 2025 Anysphere, the maker of AI coding assistant Cursor, has raised $900 million at a $9.9 billion valuation, Bloomberg reported. The round was led by returning investor Thrive Capital, with participation from Andreessen Horowitz, Accel, and DST Global. The massive round is Anysphere’s…
Image Credits:KTSDESIGN/SCIENCE PHOTO LIBRARY / Getty Images 3:06 PM PDT · June 5, 2025 Circle, one of the world’s largest issuers of USDC, a stablecoin pegged to the U.S. dollar, ended its first trading day as a public company at $83.23 per share, 168% above its IPO price of $31 set the previous day. The…
US stocks seesaw as investors weigh potential progress in US-China trade talks against soft data
US stocks slip in choppy trade, Tesla slumps on Trump-Musk feud
Meanwhile, a new consumer sentiment survey finds most people want someone else to run the EV company. When Elon Musk appeared in the White House last week at a ceremony with President Donald Trump marking the end of his controversial role leading the federal job-slashing DOGE initiative, he sported a shiner on his right eye…
India coal-fired power output falls at fastest pace in five years in May
Despite what some experts have characterized as an environment increasingly hostile to AI R&D, North America continues to receive the bulk of AI venture dollars, according to data from investment tracker PitchBook. Between February and May of this year, VCs poured $69.7 billion into North America-based AI and machine learning startups across 1,528 deals. That’s…
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