Once known for its eco-friendly sneakers, Allbirds has sold its footwear business and transformed into Smartbird, focusing entirely on AI infrastructure under new leadership.
China’s central bank signals increased scrutiny of stablecoins and CBDCs amid their expanding role in international payments and calls for stronger global regulatory coordination.
UK inflation stayed at 2.8% in May as slowing food price rises eased some pressure, while rising petrol costs kept overall household expenses elevated.
AI startups focused on physics simulation and world models are adopting Amazon’s Trainium chips for superior compute efficiency over traditional GPU-based options.
The G7 announced an increase in military aid to Ukraine, including advanced air defenses and long-range weapons, alongside intensified sanctions targeting Russia’s oil and gas sectors.
Australia eased travel advisories for Gulf countries after a US-Iran deal, improving transit conditions in Dubai and Doha but urging continued caution over regional security.
Uzbekistan’s mining ministry holds talks with China’s CGNPC Uranium Resources to explore collaboration opportunities in uranium exploration and mining.
A recent survey reveals that 61% of U.S. consumers would allow AI to suggest Pay Later financing, especially younger generations, though they insist on retaining final approval.
Bungie faces rumored cuts affecting half its workforce after ending Destiny 2 development and struggling with Marathon, despite Destiny 2’s Steam sales rebound.
Chinese AI startup DeepSeek has raised $7.4 billion, pushing its valuation past $50 billion and positioning it as the country's most valuable AI company.