news

Shares in one of China’s biggest renewables firms almost tripled in value on its public debut. The company warned of “irrational speculation,” in a sign of recovering interest in China’s equity markets. Underlying the surge, however, is the growing global buildout of renewables a

Meta CEO Mark Zuckerberg appears poised to make a big bet on a potentially big market, but one that commands much slimmer margins than his company's dominant online ad business. Cloud infrastructure has proven to be highly lucrative for hyperscaler peers Amazon, Microsoft and Goo

Meta CEO Mark Zuckerberg appears poised to make a big bet on a potentially big market, but one that commands much slimmer margins than his company's dominant online ad business. Cloud infrastructure has proven to be highly lucrative for hyperscaler peers Amazon, Microsoft and Goo

Gulf sovereign wealth funds are on track for one of their busiest years on record, despite the economic disruptions caused by the Iran war. In the first half of 2026, Gulf funds invested $53.9 billion across 108 transactions, an all time high, according to data compiled by Global

Abu Dhabi’s International Holding Company and India’s Adani Group agreed to invest $11.5 billion to build an aluminum complex in the eastern Indian state of Odisha, the latest sign of growing ties between the two countries. The UAE and India have been steadily strengthening their

OpenAI mulling giving US gov't a 5% stake in the company, days after Washington delayed GPT-5.6 — Altman reportedly wants every leading U.S. AI lab paying into an Alaska-style public fund A 5% slice of OpenAI's $852 billion valuation would hand Washington roughly $42.6 billion in

Startup activates nuclear microreactor live on stage to power an Nvidia RTX Spark desktop PC — firm working with Nvidia to build a 30MW closed loop AI factory that doesn’t use local water Will this solve the AI boom’s power and water bottlenecks? Valar Atomics activated its Ward

MOST POPULAR AI - AI and ML Nvidia floats double-dipping datacenter financing scheme What's better than getting paid once? Getting paid twice of course - AI and ML Companies that add more AI also add more people But doing so doesn't necessarily meet business needs - ai and ml Sof

The AI data center buildout is forcing companies and legislators to rethink their climate pledges. Amazon’s carbon emissions have risen for two consecutive years, and its chief sustainability officer told Semafor they would continue to do so for years to come — the latest signal

This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Thursday. Don't fire up that grill just yet: President Donald Trump joins CNBC's Joe Kernen today at 5 p.m. ET. Watch live on CNBC or CNBC+. Stock futures were little changed

After a few years of the industry suggesting DTC-focused businesses might be dead, Reformation’s proposed initial public offering this month proved the model could still be profitable. But the brand’s proposed IPO filing reveals more than just a consistent positive net income. It

Google reported that its annual electricity consumption rose by 37 percent in 2025—the largest increase in the company’s history as Silicon Valley’s AI data center buildout continues. But the tech giant says it kept operational carbon emissions down by continuing to purchase mass

D2CX by Inc42 is a 12-week hands-on program to help you level up your D2C game. Learn from India's top 1% D2C founders and experts through actionable insights, proven strategies and tactics on how to 10X your D2C brand. view ManagementX by Inc42 – India’s first Startup Management

The Scoop Principal Asset Management, the Iowa-based firm that manages more than $590 billion, is planning to launch a Sharia-compliant US private credit fund aimed at Gulf family and institutional investors. The firm is working on the fund — which it says will be one of the firs

OpenAI is considering giving the US government a 5% stake, a move that could improve relations with the Trump administration and head off public blowback against the sector. How to redistribute AI windfalls is being debated on either side of the political aisle: Left-wing Senator

Save $521 on this 4K-capable RTX 5070 gaming PC from CyberPowerPC, now just $1,349 — huge price drop for budget-friendly rig with impressive Intel Core Ultra 250KF CPU, 16GB DDR5, and 1TB SSD A powerful and very budget-friendly gaming rig A 4K-capable gaming PC for under $1,400 i

HP has slashed $1,300 off this colossal 5080 gaming laptop for July 4 — 34% discount gets you 32GB of RAM and 24-core Arrow Lake mobile gaming for $2,499 A massive saving on a top-spec laptop for gaming Gaming laptops are harder and harder to find at good prices thanks to the ong

Off the Wire Press Releases July 2, 2026 — Researchers from the University of Sydney, working with IBM, have identified and quantified important factors limiting the performance of quantum computers and demonstrated ways to overcome their impact. The findings, which improve our u

D2CX by Inc42 is a 12-week hands-on program to help you level up your D2C game. Learn from India's top 1% D2C founders and experts through actionable insights, proven strategies and tactics on how to 10X your D2C brand. view ManagementX by Inc42 – India’s first Startup Management

SpaceX may put other mega-cap IPOs on the fast track. According to Kathmere Capital Management's chief investment officer, it could emerge as the ultimate blueprint for Silicon Valley — especially when it comes to the expected Anthropic and OpenAI public debuts. "It would not sur

Possible AMD RX 7900 XTX engineering sample with red PCB surfaces — prototype came with no backplate & custom VBIOS but matches RX 7900 GRE specs It has 16GB of GDDR6 VRAM. It's always interesting to revisit an engineering sample for an older GPU as it allows us to analyze it wit

Singapore cops seize $42 million mansion, freeze $772k bank account of suspected Nvidia AI GPU smugglers — individuals alleged to have illegally exported data center servers to China charged with fraud, money laundering The individuals were charged with fraud and money laundering

The best tech deals this July 4th — save on gaming desktops, laptops, GPUs, gaming chairs, monitors, and more Grab big savings on prebuilt gaming PCs, gaming laptops, components, and more this July 4th. Prime Day came earlier this year and has just finished, but we already have a

AI agents will soon have the ability to match the capabilities of human traders, Robinhood CEO Vlad Tenev predicts. The power of agentic technology — AI that can carry out tasks for users — has been touted as potentially transformational by many in the tech sector, with industry

Walmart-owned Flipkart has appointed Vinay Vaidya as Senior Vice President, Technology for Supply Chain. In his new role, Vaidya will lead technology and platform development across fulfillment services, seller experience, trust and safety, and marketplace operations. He will als

Apple's Hide My Email service reportedly reveals users' actual email addresses with little effort — Cupertino has seemingly known about the problem for a year but has yet to fix it Millions of users risk having their real email addresses exposed If you read or watch any privacy t

Drones, missiles, and warships were, for a long time, deemed uninvestable in Silicon Valley—or, at minimum, contentious. Consider 2018: Googlers were storming out over their company’s involvement in the AI military initiative Project Maven, and Anduril was the anomaly, a multi-mi

MOST POPULAR AI - AI and ML Nvidia floats double-dipping datacenter financing scheme What's better than getting paid once? Getting paid twice of course - AI and ML Companies that add more AI also add more people But doing so doesn't necessarily meet business needs - ai and ml Sof

OpenAI has floated giving the US government a 5 percent ownership stake as a way of easing tensions with the Trump administration and blunting mounting public backlash against AI, according to the Financial Times. OpenAI floats giving Trump administration 5 percent cut of AI boom

Intel expands production of photomasks in California: EUV and High-NA EUV in the focal point More masks, more EUV layers. Intel this week initiated expansion of its Bowers Campus in Santa Clara, California, in a bid to produce more photomasks (reticles) in the U.S. The company in

BCT Ventures, an AI native consumer brands platform, has launched its operations and raised Rs 42 crore in a seed funding round led by 3one4 Capital. The company will initially focus on the nutrition and wellness segment, using its three proprietary AI engines, Nucleus, Resonance

Near the end of May, the Office of Management and Budget (OMB) proposed a new rule that would govern how the federal government handles the grants it issues, including those that fund the vast majority of scientific research in the US. If formalized, the rule would make political

As frontier artificial intelligence becomes increasingly centralized in the hands of a few Western companies, India is betting that innovation doesn’t have to come only from the biggest labs. The country has launched a hackathon inviting startups, researchers, students, and acade

Google testing controversial webcam-based reCAPTCHA that asks for a hand scan to prove you're human — testers beat it with a stock photo The experimental hand-gesture check maps 21 points of your hand. Google is testing a reCAPTCHA check that switches on a user's camera and asks

D2CX by Inc42 is a 12-week hands-on program to help you level up your D2C game. Learn from India's top 1% D2C founders and experts through actionable insights, proven strategies and tactics on how to 10X your D2C brand. view ManagementX by Inc42 – India’s first Startup Management

Elon Musk categorically denies SpaceX is making an AI device with proprietary OS — says rumors of a handheld thinner than an iPhone are 'utterly false' No smoke without fire? Elon Musk has slammed reports that SpaceX is developing a handheld AI device as "Utterly False," in a pos

MOST POPULAR AI - AI and ML Nvidia floats double-dipping datacenter financing scheme What's better than getting paid once? Getting paid twice of course - AI and ML Companies that add more AI also add more people But doing so doesn't necessarily meet business needs - ai and ml Sof

The News Congressional Republicans could counter a possible wave of Democrat investigations into President Donald Trump’s self-enrichment next year with a parallel front of probes if they lose the House majority. Doing so would amount to an unusual assertion of power from the Hou

The Trump administration is expected to launch Trump Accounts next week without a way for firms to host the children’s savings accounts on their own platforms, people familiar with the talks told Semafor. Firms like Chime, Empower, Fidelity, and SoFi had initially hoped they woul

The News Democrats are waking up to a new reality: Impeaching President Donald Trump just doesn’t land the way it used to. After two prominent backers of Trump’s impeachments lost their primaries to candidates with few major policy differences, Israel is eclipsing the desire to h

News that President Donald Trump made more than $1 billion from cryptocurrency while in office has emboldened Senate Democrats who want industry-friendly legislation to stop him from profiting off digital assets — potentially making it harder still to strike a deal this year. The