China Forces Meta to Unwind $2 Billion Manus Acquisition as Tencent Circles
Beijing orders reversal of Meta's AI agent startup deal, with Tencent set to become Manus's largest shareholder in a move that signals growing fragmentation in global AI.
SK Hynix Makes History With Record-Breaking $26.5 Billion Nasdaq Debut
South Korean chip giant's U.S. listing eclipses Alibaba's 2014 IPO record as investors pile into the AI memory chip leader, pushing market cap toward $1 trillion.
England and Argentina Complete World Cup Semifinal Lineup After Dramatic Quarterfinal Day
Bellingham scores twice as England edges Norway 2-1 in extra time; Alvarez stunner leads Argentina past 10-man Switzerland 3-1 to set up blockbuster semifinals.
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Business
Prime Intellect Raises $130 Million to Build the Infrastructure for Enterprise AI Agents
The San Francisco startup reached a $1 billion valuation in its Series A round, backed by Nvidia Ventures, Intel Capital, and Dell Technologies Capital as enterprises race to build custom AI agents.
Finance
SK Hynix Completes Largest Foreign IPO in US History With $26.5 Billion Nasdaq Debut
The South Korean memory chip giant surged 13% on its first day of trading, giving investors unprecedented access to the company that controls 60-70% of the AI chip memory market.
Sports
Merino's Late Strike Sends Spain Past Belgium Into World Cup Semifinals
Mikel Merino scored in the 88th minute as Spain defeated Belgium 2-1 in Friday's quarterfinal, advancing to the World Cup semifinals for the first time since their 2010 championship run.
Business
Philippine Airlines to Announce Historic $7 Billion Split Order for Boeing 787s and Airbus A350s
In its first direct Boeing purchase since 2007, Philippine Airlines is preparing to order 10 Dreamliners alongside 10 Airbus A350s at the Farnborough Airshow—the largest widebody order in the carrier's history.
Finance
Nvidia Loses $1 Trillion as 'Big Short' Investor Michael Burry Bets Against AI Chip Boom
After losing roughly $1 trillion in market value in less than two months, Nvidia's stock has fallen to its lowest valuation since before the AI boom. Meanwhile, Michael Burry has revealed short positions against the semiconductor sector.