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Samsung Lands $16.5B Tesla Deal to Supply AI Chips for EVs

Samsung Lands $16.5B Tesla Deal to Supply AI Chips for EVs

Samsung’s Tesla AI chip deal worth $16.5 billion has been announced as the largest single-customer contract in Samsung’s…
Crypto Lender Divine Uses Iris-Scanning World ID to Disburse 30,000 Unsecured Loans

Crypto Lender Divine Uses Iris-Scanning World ID to Disburse 30,000 Unsecured Loans

San Francisco-based Divine Research has issued 30,000 unsecured crypto loans since December, using Sam Altman’s World ID iris scans to verify borro...
Analysts stoke bubble fears as US stocks trade at records amid meme frenzy and rising debt

Analysts stoke bubble fears as US stocks trade at records amid meme frenzy and rising debt

U.S. stocks have surged this summer to levels not seen in years thanks to very low borrowing costs. Yet record valuations, a revival in speculative...
Europe is offering to delay UN sanctions if Iran restarts talks with the US

Europe is offering to delay UN sanctions if Iran restarts talks with the US

Europe is offering to delay sanctions on Iran, but only if Tehran agrees to return to talks with Washington and starts working again with UN nuclea...
China still received over $1 billion worth of Nvidia AI chips despite export controls

China still received over $1 billion worth of Nvidia AI chips despite export controls

Over $1 billion worth of Nvidia’s top AI processors reached China in just 3 months after President Donald Trump tightened US chip export rules, acc...
Brussels and Washington are close to finalizing a trade deal

Brussels and Washington are close to finalizing a trade deal

Brussels and Washington are close to finalizing a trade deal that would impose a 15 % levy on specified goods from Europe, resembling the pact the ...
JPMorgan Chase Considering Allowing Clients To Borrow Against Their Crypto Assets: Report

JPMorgan Chase Considering Allowing Clients To Borrow Against Their Crypto Assets: Report

The financial giant JPMorgan Chase is reportedly considering loaning against its clients’ Bitcoin (BTC) and Ethereum (ETH) holdings. The Financial ...
EU braces for tense China talks amid trade disputes

EU braces for tense China talks amid trade disputes

EU leaders Ursula von der Leyen and António Costa are expected to meet Chinese President Xi Jinping this week as geographical tensions intensify.
Trump hails landmark Indonesia trade deal as boost for American jobs and exports

Trump hails landmark Indonesia trade deal as boost for American jobs and exports

Indonesia will remove tariffs on over 99% of US goods, and the US will cut tariffs on Indonesian imports from 32% to 19%.
JPMorgan Chase Mulling Crypto Collateral for Lending

JPMorgan Chase Mulling Crypto Collateral for Lending

JPMorgan Chase plans to offer a lending service that allows clients to present their crypto holdings as collateral, a major offering yet to be fina...