Chinese AI developer MiniMax released its H3 video-generation model on Friday, a system capable of processing text, images, video and audio simultaneously, intensifying a domestic race that already includes heavyweight …
Freddy Miller
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British AI neocloud Nscale has agreed to acquire workload-scaling startup Anyscale for $1.65 billion, a transaction that looks less like conventional consolidation than a land grab for the software layer …
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The Bank of Canada held its policy interest rate steady at 2.75% on July 15, 2026, pausing after a sequence of cuts that had brought borrowing costs down from a …
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News
US GDP Grows Just 1.5% in Q2, Missing Forecasts and Raising Recession Fears Across Global Economy
The United States economy expanded at an annualized rate of 1.5% in the second quarter, falling well short of the 2.1% consensus forecast and marking a significant deceleration from the …
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The U.S. Federal Reserve held its benchmark interest rate steady in May 2025, but the decision carried a tone that unsettled markets more than a straightforward pause might suggest. Chair …
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Robinhood’s second-quarter results beat expectations on nearly every measure that matters, with revenue reaching a record $1.31 billion against estimates clustered between $1.25 billion and $1.28 billion, and earnings per …
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Japan’s government has trimmed its growth forecast for the current fiscal year, cutting the expected pace of real expansion to 0.9% from the 1.3% penciled in back in January, an …
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South Korean authorities convened an emergency session this week, an unmistakable sign of how urgently policymakers want to arrest a stock market slide that has now reached a record 33% …
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China’s manufacturing engine is losing momentum just as the rest of the global economy leans on it to keep supply chains humming, with the official gauge of factory activity poised …
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Corporate enthusiasm for artificial intelligence continues to outpace the technical readiness required to deploy it profitably, and the latest signal comes from Capgemini, which this week lifted its 2026 revenue …