Indian Edtech Startup Physics Wallah Bags 28 Billion Valuation Amid Sector Troubles
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Australian casino group Star faces cash crunch as shares tumble 28%
Money laundering penalties and cost of living crisis take toll on gambling operationsFinancial Times - Jan. 9 -
Why Nvidia’s Jensen Huang Is So Bullish on ‘Physical AI’ and Robots
‘The ChatGPT moment for robotics is coming,’ Huang said. Here’s why.Inc. - Jan. 8 -
Trump’s Wind Turbine Threats Could Leave the Sector Spinning
President-elect Donald Trump pledged to halt development of wind energy projects, a threat that could slow offshore wind beyond his term.Inc. - Jan. 8 -
AI Startup Anthropic Plans to Raise $2 Billion at a $60 Billion Valuation
The new funding round, led by Lightspeed Venture Partners, sees the company at more than triple its 2024 valuation of $18 million.Inc. - Jan. 8 -
Back to office disputes spread across UK public sector
Staff at Land Registry to take industrial action after being ordered back to their desks three days a weekFinancial Times - Jan. 8 -
Anthropic’s $60 billion valuation would obscure a stark reality in AI
Anthropic may be joining rival OpenAI with its own eye-popping valuation, but the hefty valuations for the two biggest AI startups obscure the fact that, for now, these companies are burning ...MarketWatch - Jan. 8 -
Amid fears about Hollywood's future, L.A. approves $1-billion Television City project
The debate over the project has played out amid a downturn in the region's entertainment industry, with studios taking their film and television productions elsewhere.Los Angeles Times - Jan. 8 -
Indian stocks will benefit from the Trump 2.0 era, portfolio manager says
Investors eyeing up firms with the potential to become the "blue chip companies of the future" should look to India, according to investor Kunal Desai.CNBC - Jan. 7 -
AI Startup Anthropic Raising Funds Valuing It at $60 Billion
The Amazon-backed OpenAI rival was valued at $18 billion last year.The Wall Street Journal - Jan. 7 -
Anthropic in talks to raise funding at $60 billion valuation
AI startup Anthropic is in late-stage talks to raise as much as $2 billion at a $60 billion valuation, according to a person familiar with the deal.CNBC - Jan. 7 -
AI start-up Anthropic closes in on $60bn valuation
Maker of the Claude AI chatbot nears fresh $2bn investment in the latest sign of how much money is pouring into the sectorFinancial Times - Jan. 7 -
Deutsche Bank says it’s now overweight Europe stocks vs. the U.S. Valuation is just one reason.
There’s never been a bigger valuation gap between European and U.S. stocks, and that’s not the only reason why Deutsche Bank now says it prefers equities on the Continent on a tactical basis.MarketWatch - Jan. 7 -
Indian officials confirm first cases of HMPV, say "no reason to worry"
Officials in India have confirmed the country's first 7 cases of human metapneumovirus, which is reportedly surging in neighboring China.CBS News - Jan. 7 -
Blackstone joins private equity deal wave in US accounting sector
Acquisition of Citrin Cooperman from New Mountain Capital for $2bn marks a step up in valuationsFinancial Times - Jan. 7 -
CNBC Daily Open: The AI sector still has legs to run
Semiconductor stocks jumped on Monday, lifted by buoyant news regarding the artificial intelligence sector. The S&P and Nasdaq posted two straight days of gains.CNBC - Jan. 7 -
Praised abroad, troubled at home: Canada’s political ‘prince’ bows out
Justin Trudeau’s popularity undermined by higher costs and rising anti-immigration sentimentFinancial Times - Jan. 7 -
Nvidia using GenAI to integrate Omniverse virtual creations into physical AI apps
Nvidia unveiled generative AI models and blueprints that expand Nvidia Omniverse integration further into physical AI applications.VentureBeat - Jan. 7 -
Nvidia launches Cosmos World Foundation Model platform to accelerate physical AI
Nvidia launched its Cosmos World Foundation Model platform to accelerate physical AI development.VentureBeat - Jan. 7 -
Indian investors rush into highly valued defence stocks
Asset managers have launched specialist funds as push for domestic armaments sends share prices soaringFinancial Times - Jan. 7 -
Bethenny Frankel Uses ‘Dior Bags’ to Discuss Drones on TikTok
To weigh in on the rash of reported drone sightings without fear of content suppression, Bethenny Frankel borrowed a term from the fashion world.The New York Times - Jan. 6 -
‘Evolution not revolution’: Can the private sector help cut NHS waiting lists?
Keir Starmer has vowed to make better use of existing capacity to reduce massive backlogFinancial Times - Jan. 6 -
Citigroup’s stock is a banking-sector bargain as ‘inflection point’ looms, analyst suggests
Barclays analyst Jason Goldberg upgrades Citigroup to overweight from equal weight on bullish 2025 prospects.MarketWatch - Jan. 6 -
Putin plus Trump spell trouble for European security
German rearmament is crucial to shoring up Europe’s defencesFinancial Times - Jan. 6 -
To Interact With the Real World, AI Will Gain Physical Intelligence
By grappling with the messy and unpredictable side of existence, machine learning can have impact beyond the digital.Wired - Jan. 6 -
Body of missing Indian journalist found in septic tank
Mukesh Chandrakar's corpse was found with severe injuries consistent with a blunt-force attack, police say.BBC News - Jan. 5 -
5 Ways This Startup Puts Values in Action
This AI company’s values help drive its booming biotech business.Inc. - Jan. 5 -
João Pedro’s penalty for Brighton hurts Arsenal after Saliba heads into trouble
If Arsenal are serious about winning the title this season then Mikel Arteta may want to rethink his plans for the January transfer market. This was another two points dropped in the race to keep ...The Guardian - Jan. 4 -
6 Rules for Startup Fundraising
Lessons learned from my startup’s most recent fundraising round.Inc. - Jan. 4 -
This Colorado Startup Is Challenging NASA in the Concorde 2.0 Race
Boom Supersonic is trying to build a quieter, 21st century supersonic jetliner.Inc. - Jan. 3 -
Foreign phone sales plunge 47% in China, spelling trouble for Apple
Apple is under pressure in China as a result of rising competition from domestic brands, in particular Huawei.CNBC - Jan. 3 -
US relaxes green hydrogen rules in race to boost sector
Biden administration’s Treasury delays stricter requirements for claiming tax credits ahead of Trump’s returnFinancial Times - Jan. 3 -
Indian village that changed its name to honor Jimmy Carter pays tribute
A village in India named after the late former President Jimmy Carter fondly remembers his visit almost 50 years ago.NBC News - Jan. 3 -
Doomed to fail? Hong Kong’s attempt to tackle ‘shoebox housing’ runs into trouble
Authorities are seeking to fix the city’s problem of tiny, overcrowded housing but critics say the new regulations fail to capture the worst offenders. Lai Shan Zse moves quickly, bounding up the ...The Guardian - Jan. 3 -
Reinsurance costs fall as sector deploys record capital
Decrease follows two years of bumper profits for providersFinancial Times - Jan. 2 -
Live ones go in paper bags, dead ones in the freezer: the volunteers saving birds that fly into windows
Across Toronto, a team sets out at dawn to rescue migrating birds that have collided with buildings, and keep a record of the thousands each year that don’t make it. Every morning at dawn, a dozen ...The Guardian - Jan. 2 -
German solar sector in distress as glut of panels heaps pressure on industry
Wave of bankruptcies hits key European market as double-digit growth rate slowsFinancial Times - Jan. 2 -
Chicago and St. Louis Get Physical in N.H.L. Winter Classic at Wrigley Field
Teenage phenom Connor Bedard and teammates arrived on the L train before losing to the Blues in a game with chilling rain and biting wind.The New York Times - Jan. 1