CNBC Daily Open: Musk’s artificial intelligence startup raises $6 billion
Elon Musk’s artificial intelligence startup, xAI, secured $6 billion in Series B funding, valuing the company at $24 billion.
How the world got into $315 trillion of debt
According to the Institute of International Finance, the world is $315 trillion in debt. This combines borrowings from households, businesses and governments. With global debt at a record high, should we be concerned?
Top K-pop stocks fall as Hybe sells $50 million stake in SM Entertainment
Stocks of Hybe — which manages K-pop sensation BTS — stock slid as much as 2.4%, while SM Entertainment saw its shares plunge as much as 5.74% on Tuesday.
Safaris aren’t the only tourist attraction in Africa. From cruises to wine tasting, here’s what else you can do
Safaris draw many to Africa, but travelers can also hike, bike and cruise around the continent, tour its wine regions and explore coastal cities like Mombasa.
Amazon reportedly in talks with Italy to invest billions of euros in cloud expansion
Amazon’s computing unit AWS is in talks with Italy to invest billions of euros in the expansion of its data center business in the country, four people said.
Deepfake scams have robbed companies of millions. Experts warn it could get worse
A growing wave of deepfake scams has looted millions of dollars from companies worldwide, and cybersecurity experts warn it could get worse as criminals exploit generative AI for fraud.
Weapons are on the way, U.S. lawmakers tell Taiwan during visit
Weapons from the U.S. are on the way to Taiwan, a senior U.S. lawmaker said Monday, as a bipartisan House delegation met with the island’s new president.
CNBC Daily Open: Musk’s AI start-up raises $6 billion
Elon Musk’s artificial intelligence startup, xAI, secured $6 billion in Series B funding, valuing the company at $24 billion.
Asia markets are mostly lower as investors assess comments from ECB officials, Aussie sales data
Australia’s retail sales for April rose 0.1% month over month, while Japan’s services producer price index rose 2.8% year on year in April.
Gold, silver and copper rally has just taken a breather — new highs are not that far off, experts say
UBS strategists in a note last week raised their forecasts for gold to $2,500 per ounce by the end of September, and $2,600 by year-end.
