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Elon Musk's Neuralink raises $650 million in fresh capital
Neuralink is building a brain-computer interface, or a BCI, which is a system that translates brain signals into commands for external technologies.
China’s Leapmotor and Huawei-backed Aito report record high deliveries in May as competition heats up
Electric carmakers Leapmotor and Aito report record high deliveries in May, while other startups struggle to play catch-up as the price war intensifies.
DoorDash CEO Tony Xu is taking on the role of industry consolidator in food delivery
DoorDash CEO Tony Xu has spent 12 years building his food delivery company from an upstart into a big acquirer.
Omada Health aims to go public with market cap of up to $1.1 billion
Omada Health updated its IPO prospectus on Thursday, indicating that it plans to raise up to $158 million in its offering.
Salesforce shares fall as software maker shows pockets of weakness
Salesforce shares slumped despite topping Wall Street's fiscal first-quarter estimates and lifting its full-year guidance.
The U.S.' AI love affair with the UAE isn’t just about access — it’s about dominance
The UAE seeks to expand its geopolitical influence while the U.S. needs cheap, abundant power and international partners to stay ahead of China in the AI race.
Getty Images spending millions to battle a 'world of rhetoric' in AI suit, CEO says
Getty Images is spending "millions and millions of dollars" on its legal case against Stability AI, the photo licensing company's CEO Craig Peters told CNBC.
Founders of Amazon's PillPack launch health-care marketplace startup General Medicine
General Medicine acts as an online health-care marketplace that can connect users with medical providers or assess what care they need based on symptoms.
Stord, the e-commerce startup looking to take on Amazon, acquires UPS subsidiary
Logistics startup Stord said Monday that its buying UPS subsidiary Ware2Go as it looks to expand its footprint in the ecommerce space.
Klarna doubles losses in first quarter as IPO remains on hold
Klarna said its net loss for the first three months of 2025 totalled $99 million, up 110% from a year ago.
Nvidia, Cisco and OpenAI are backing the UAE Stargate data center project
President Donald Trump was in the UAE as part of a first foreign trip abroad in his second term. Trump also visited Saudi Arabia.
U.S., UAE agree on path for Emirates to buy top American AI chips, Trump says
The U.S. and United Arab Emirates are working on a path to allow Abu Dhabi to purchase some of the most advanced American-made chips.
Assassin's Creed maker Ubisoft plunges 18% as outlook fails to impress
Ubisoft, which is behind the "Assassin's Creed" franchise, said it sees net bookings for the current fiscal year being "stable" year-on-year
Samsung Electronics to acquire heating and cooling solutions provider FläktGroup for 1.5 billion euros
Samsung Electronics on Wednesday said it would acquire German-based FläktGroup, a leading heating and cooling solutions provider, for 1.5 billion euros.
Microsoft is cutting 3% of its workforce
It's likely Microsoft's largest job purge since it said goodbye to 10,000 employees in 2023.
Nvidia sending 18,000 of its top AI chips to Saudi Arabia
Nvidia CEO Jensen Huang said the cutting-edge Blackwell chips will be used in a 500 megawatt data center in Saudi Arabia.
Virtual chronic care company Omada Health files for IPO
Omada Health filed for an IPO on Friday, the latest digital health company to announce its intent to test the public market.
Shopify stock slips on light guidance, company notes tariff 'uncertainty'
Shopify said it expects its merchants to have less exposure to President Donald Trump's sweeping tariffs, while acknowledging there's "uncertainty ahead."
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