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Hadrian Raises $260 Million to Transform Defense Manufacturing using AI and Robotics

In a significant vote of confidence for the future of U.S. defense infrastructure, defense manufacturing firm Hadrian raised $260 million in a Series C funding round, spearheaded by Peter Thiel's Founders Fund and Lux Capital. The large infusion of funds reflects the increasing investor belief in next-generation

Uber Signs $300 Million Agreement with Lucid and Nuro to Roll Out 20,000 Robotaxis by 2031

In a game-changing move that is expected to redefine city mobility, Uber has revealed a six-year collaboration with electric vehicle manufacturer Lucid and autonomous vehicle firm Nuro to deploy over 20,000 robotaxis across America. Uber's \$300 million investment represents a strategic gamble on the future of self-driving

Elon Musk's Neuralink Registered as a 'Disadvantaged Business' on the Brink of \$9 Billion Valuation

In a shocking twist, Elon Musk's ambitious brain-computer interface (BCI) firm Neuralink registered itself as a "small disadvantaged business" (SDB) with the U.S. Small Business Administration (SBA) just a few weeks before achieving a record \$650 million funding round that catapulted its valuation to \$9

Nvidia CEO Jensen Huang Sees High-End Chip Sales to China as H20 Ban is Removed

In a dramatic turn of the evolving U.S.-China tech environment, Nvidia CEO Jensen Huang made the surprise declaration on July 16, 2025, that he wants to sell even higher-end AI chips to China now that the ban on the firm's H20 chip has been eased. Attending

OpenAI Turns to Google Cloud for ChatGPT in Big Strategic Shift

In a development that indicates increasing demand for computer resources in the era of artificial intelligence, OpenAI said on Wednesday that it will start leveraging Google Cloud Platform to host its popular ChatGPT service and application programming interface (API) across a number of countries. This decision marks a significant evolution

TSMC Profit Tops 61% to All-Time High, Boosted by Surging AI Chip Demand

Hsinchu, Taiwan – July 17, 2025: The world's biggest contract chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC), has recorded a stunning 61% year-over-year increase in second-quarter profit of 2025 driven by hyper demand for artificial intelligence (AI) chips. The net income of the company climbed to NT\$398.27 billion

Goldman Sachs Exceeds Expectations as Traders Bring in $840 Million More Revenue Than Projected

Goldman Sachs produced a blockbuster second-quarter earnings report on Wednesday, well outpacing expectations. Powered by robust performance in its trading business, the Wall Street titan posted a 22% jump in year-over-year profit, largely owing to surging equities and fixed income revenues. The investment bank recorded a profit of \$10.91

Shares of ASML Fall 6.5% Following Caution That It Can't Assure Expansion in 2026

ASML, a key figure in the international semiconductor supply chain, watched its stocks plummet by a steep 6.5% after a conservative forecast on its growth prospects in 2026. Even after announcing robust financial performance in the second quarter of 2025, the Dutch technology giant was in doubt regarding its

Meta CEO Zuckerberg Announces First AI Data Supercluster 'Prometheus' to Go Live in 2026

Meta CEO Mark Zuckerberg said on Monday that the company is about to launch its initial artificial intelligence supercluster, which it has called Prometheus, onto the internet in 2026. It is a risky project that is one of many aimed at establishing Meta as a powerhouse in the AI competition—

Nvidia to Resume H20 AI Chip Sales to China Following U.S. Government Assurances

In a major boost to the worldwide semiconductor sector, Nvidia said on Tuesday that it is gearing up to restart sales of its H20 AI chips to Chinese buyers. The decision comes amid guarantees from the U.S. government that export permits shall be issued, ending a months-long pause precipitated

Tesla's Model Y Launches in India for $70,000 as Company Tests the Waters

In a development that has been awaited by auto and tech fans for long, Tesla has made its official entry into the Indian market with the launch of its electric sport utility vehicle, the Model Y, at around \$69,770. The high price point — almost 55% above its U.S.

Nvidia Chief Jensen Huang Unloads \$36 Million Worth of Stock, Reaches Warren Buffett's Net Worth Level

In a high-profile action that has already grabbed the attention of investors and analysts, Nvidia CEO Jensen Huang sold around \$36.4 million worth of company shares, as per a recent SEC filing. The sale was of 225,000 shares of Nvidia, the globe's number one producer of

Google Recruits Windsurf CEO Varun Mohan, Others in $2.4 Billion AI Talent Deal

In a daring bid that amplifies the current AI talent battle, Google revealed on Friday a \$2.4 billion deal to acquire Varun Mohan, the co-founder and chief executive of AI coding company Windsurf, and multiple senior members of his research and development team. The acquisition is one of the

Varda Space Industries Raises $187 Million to Transform Space-Based Drug Production

In a daring step towards restructuring the pharmaceutical sector, Varda Space Industries has raised $187 million in Series C funding, increasing its capital to $329 million. Natural Capital and Shrug Capital led the round, with prominent participation from players such as Peter Thiel, Lux Capital, Khosla Ventures, and Caffeinated Capital.