Samsung-backed AI chip firm Rebellions raises $400 million ahead of IPO
Rebellions’ chips are focused on AI inferencing, putting it in competition with Nvidia as well as other startups from Groq to Cerebras.
Pessimism sets in for Europe as Iran war hits economic and consumer confidence
Economic sentiment in Europe plummeted in March, according to the latest flash data released on Monday.
Quantum technology firms race to market as the industry sees ‘inflection point’
Quantum technology firms are braving turbulent markets to publicly list this year, as the nascent industry looks towards commercialization.
Treasury yields slide as traders pare bets on Fed rate cuts
U.S. Treasury yields were lower on Friday as investors looked ahead to job data for the week and monitored the U.S.-Iran war, which entered its fifth week.
Mistral secures $830 million in debt financing to fund AI data center
Mistral is one of the few European startups building foundational AI models.
Budget airlines built on cheap fares now face a painful reality: Fuel is getting expensive
Budget airlines try to maintain low costs while fuel costs continue to rise
Russia welcomes arrival of oil tanker in Cuba after Trump softens approach to U.S. blockade
A Russian oil tanker carrying a humanitarian shipment of 100,000 tons of crude oil reportedly arrived in Cuba on Monday.
India flags slower growth, wider deficit as Iran war raises the stakes for New Delhi
India warns growth may slow as the Iran conflict pushes up energy costs, widens deficits, and strains supply chains.
CNBC Daily Open: Trump’s ‘favorite thing’ is Iranian oil
President Trump’s tough rhetoric and a build-up of ground troops raise escalation fears and drive risk-averse trade across global markets.
European markets set to start the week lower as Iran war intensifies
European stocks are expected to start the new trading week in negative territory as the war in Iran showed no signs of ending soon as it entered its fifth week.
