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America | Tech | Opinion | Culture | Charts Today we’re trying something new. We’re sharing a slide deck, “Intelligence is the Primitive. Applications are the Diffusion Layer” by Anish A, that he originally put together for a smaller audience. There’s a lot of great stuff that ge
The company reported net sales of $5.59 billion for the quarter ended August 1, up from $3.65 billion a year earlier, helped by the addition of Foot Locker and growth in its core sporting goods business. The figure, however, came in below market expectations of $5.65 billion. Adj
Gatik, the autonomous vehicle startup known for its self-driving box trucks, has raised $200 million just two months after striking a multiyear commercial agreement with PepsiCo. The round was led by Qatar Investment Authority and Koch Disruptive Technologies, with participation
OpenAI says its new AI chip, Jalapeño, completes tasks more efficiently and returns responses faster than other AI systems, according to a blog post published on Tuesday. During a briefing with reporters, OpenAI hardware vice president Richard Ho said Jalapeño offers the “best of
A viral bakery in London has fired a warning shot at an alleged copycat in Khobar, whose owners had built an almost like-for-like replica in the Saudi port city. “It has recently come to our attention that a bakery is operating using our brand name and logo in Saudi Arabia,” Arôm
Kuwait is advancing its citizenship crackdown under new rules introduced Sunday that bar naturalized citizens from voting and replace paper nationality certificates with electronic ones. Naturalized citizens could previously vote once they had held citizenship for 30 years, thoug
Apple on Tuesday unveiled a new Mac Mini that runs on the latest iteration of its “M” processors, the M6. The base model of this device comes with 256GB of storage, 16GB of RAM, and costs $899. It’s available for preorder now, but the device will ship only after September 22, the
Saudi Crown Prince Mohammed bin Salman concluded a visit to France with a raft of agreements covering many of his top priorities including AI, geopolitics, and even his favorite pastime: video games. France has become the fourth-largest investor in Saudi Arabia, and MBS is return
Lancium has announced a strategic collaboration and investment from NVIDIA to accelerate the deployment of large-scale accelerated computing infrastructure across Lancium’s data center portfolio. Lancium, a Blackstone portfolio company supported by Blackstone Energy Transition Pa
Root 'hacked off' and 'disappointed' at Carse incident - Published England captain Joe Root says he is "hacked off" and "disappointed" at the incident involving fast bowler Brydon Carse at a Derby nightclub. Carse, 31, was dropped from the squad for the second Test starting again
The regulator also directed Varanium Cloud to bring back Rs 62.51 crore, along with 12% interest, into the company’s account within three months. Sebi said the amount had been diverted from IPO and rights issue proceeds. Sabale has also been directed to disgorge unlawful gains of
Under the demerger, shareholders of HEG as on the record date will receive one fully paid-up equity share of face value Rs 2 in the resulting company for every one equity share of face value Rs 2 held in HEG. This means shareholders will get shares in the new company in a 1:1 rat
Listen to this article in summarized format At 10:56 a.m. ET, the Dow Jones Industrial Average rose 22.16 points, or 0.04%, to 53,439.32, the S&P 500 gained 11.36 points, or 0.15%, to 7,664.22 and the Nasdaq Composite gained 121.83 points, or 0.47%, to 26,102.02. The early streng
The US Treasury's decision to double its purchases of long-term bonds to $4 billion has drawn sharp criticism from banking experts and prominent investors, including billionaire Stanley Druckenmiller and JPMorgan's James Sullivan. The Treasury announced the move last week after t
Apple launches new M6 and M5 Ultra Apple silicon chips — debuting in new Mac Mini and Mac Studio A trio of Apple announcements August 25, 11:35 a.m. ET: This story was updated with more details from Apple regarding the M6's Dual 16-core neural engine and M5 Ultra's 32-core neural
Germany's 10-year bond yield, the benchmark for the bloc, fell 3 basis points (bps) to 3.222%, down from the 15-year high of 3.275% touched last week. Yields move inversely to prices. Yields, particularly those on longer-dated bonds, hit their highest in at least a decade around
Sterling was last at $1.3632, while the euro last bought 85.54 pence. The pound has had a strong run over the past four weeks on expectations that better-than-expected economic data through the first half of the year could prompt the Bank of England to raise interest rates by at
Ten-year gilt yields fell by as much as 5 bps on the day to 5.01%, their lowest since August 14 and heading for their biggest one-day decline since August 4, after a $3 daily drop in the price of Brent crude. The move was broadly in line with a drop in U.S. Treasury yields . Thir
United Airlines said Tuesday it's planning to add a host of new international destinations next year that span Ljubljana, Slovenia, to Okinawa, Japan, continuing its so-far profitable bet that consumers will keep spending big to try new destinations abroad. United already offers
The RBI said in its monthly bulletin that it purchased $30.89 billion and sold $30.33 billion in June. The central bank had sold a net $6 billion in May, which had been preceded by a net sale of $8.9 billion in April. The Indian rupee declined to a record low of 96.96 per dollar
Rental car platform Zoomcar, which was erstwhile listed on Nasdaq, saw its net loss balloon 28% to $5.4 Mn in the quarter ended June 30, 2026 from $4.2 Mn in the previous year quarter. Net revenue for the quarter remained largely flat at $2.4 Mn. The flat revenue came at the behe
You've probably spruced up your resume for a job search before, maybe even added a few skills you didn't really have to seem like a stronger fit. In today's job market, some workers are "time traveling" on their LinkedIn profiles to add AI skills to jobs they left years ago, acco
The Mac mini and Mac Studio occupy two distinct points in Apple’s lineup of desktops, but lately, they’ve had something in common: They’re popular for local AI inference and software development thanks to the advantages of their unified memory architecture and the fast CPUs and G
With more consumers turning to Apple's computers for creating and running AI agents, the company is rolling out new Mac Mini and Mac Studio models with updated chips and other upgrades for artificial intelligence applications. The announcement, a few weeks before Apple is expecte
With more consumers turning to Apple's computers for creating and running AI agents, the company is rolling out new Mac Mini and Mac Studio models with updated chips and other upgrades for artificial intelligence applications. The announcement, a few weeks before Apple is expecte
Pie, the social app from Bonobos’ founder Andy Dunn, is taking its mission to connect people in real life one step further. On Tuesday, the startup launched a new communities feature that allows people to establish more permanent homes for their social groups on its app, offering
WhatsApp announced Tuesday that it’s launching new security features and updates to help users keep their accounts secure, including stronger two-step verification and the ability to add more than one passkey to your account. The Meta-owned app is also adding context to calls fro
China strategically slows exports of critical materials used in semiconductor fabrication to Taiwan — germanium and quartz exports to the region also threaten optical and robotics supply chain Only Taiwanese supply chains? China is slowing or restricting shipments of materials ba
Search engines were built and optimized for people, who can’t spare the time or attention required to scan entire web pages. But as people increasingly use AI chatbots to search the web and do tasks, there’s a line of thinking that the internet’s current infrastructure needs to b
Denmark’s state-owned export bank lent €100 million to build a large new wind farm in Ukraine. The project, which will use turbines from the Danish manufacturer Vestas and be operated by the Ukrainian agricultural company Kernal for both its own use and power sales to the country
Powered by chip stocks, Taiwanese equities emerged as one of the top performers among Asian markets, with the latest gains also helping the TAIEX move closer to reclaiming the top position from South Korea’s KOSPI. Chip stocks have emerged as some of the biggest beneficiaries of
The capacity of gas-fired power plants currently being planned to supply power to US data centers nearly doubled in the first half of 2026. A new study from Global Energy Monitor counted 189 gigawatts of gas-fired capacity in development in the first half of 2026. But it remains
The rapid electrification of China’s transportation sector means that oil demand in the country probably peaked in 2025, Sinopec chairman Hou Qijun said. Sinopec, the world’s largest oil refiner, posted a surge in profit for the first half of the year, reaching nearly $4 billion
Nvidia Jetson Orin-guided Russian AI drone killed three civilians in Ukraine, forensic teams say — first documented case of civilian deaths caused by a Russian drone using fully autonomous targeting The unencrypted module let Ukrainian investigators read the drone's terrain maps
Trump hopes sanctions will topple Iran's regime - its leaders are betting otherwise - Published The US says it has launched an "economic onslaught against Iran's financial connections around the globe". Treasury Secretary Scott Bessent said sanctions included digital assets, tech
Listen to this article in summarized format Shares of Groww ended Tuesday's session 3.33% higher at Rs 203.01, compared with the previous close of Rs 196.47. The stock traded in a range of Rs 196.11-Rs 205.21 during the day. The proposed transaction is estimated at Rs 1,914 crore
Lancium, Nvidia Partner on Gigawatt-Scale AI Data Centers The developer says it has 4 GW under lease and 15+ GW of powered land as Nvidia partnership advances its grid-responsive AI data center model. Lancium is partnering with Nvidia to deploy the chipmaker’s AI factory technolo
This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Tuesday. Paramount Skydance CEO David Ellison is having trouble with the last step of his Warner Bros. Discovery purchase, as a group of states challenge the deal. One might e