Economy

Bezos’ AI Venture Prometheus Soars to $41 Billion Valuation Fueled by Industrial Tech Demand

Jeff Bezos' AI startup, Prometheus, has seen its valuation skyrocket to $41 billion, a…

Google Bets Big on Intel: A Strategic Shift in AI Chip Manufacturing

Alphabet (GOOGL, GOOG) is significantly expanding its AI chip manufacturing capabilities by placing a…

CFTC Chair Defends Approval of ‘Perps’ in the U.S., Dismisses Retail Risk Concerns

CFTC Chair Michael Selig is defending the U.S. approval of perpetual futures, or 'perps',…

Goldman Sachs Slashes Oil Price Forecasts on Easing Hormuz Tensions, Gulf Supply Rebound

Goldman Sachs has revised its oil price outlook downwards, citing an interim deal between…

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