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U.S. tech giants have backed a German company in its latest fundraising round to develop its humanoid robotics tech.Neura Robotics’ Series C financing, which is worth up to $1.4 billion, featured Tether, Qualcomm, Amazon and Nvidia, alongside European industrial companies Bosch and Schaeffler and the European Investment Bank. The company hit a valuation of around $7 billion, according to a source familiar with the matter, who asked to remain anonymous as they weren’t authorized to discuss the information. The company declined to comment on the valuation.”The future of AI will not only live on screens,” said David Reger, founder and…
Bill Pulte, Federal Housing Finance Agency director, speaks on CNBC, Jan. 8, 2026.CNBCPresident Donald Trump on Wednesday doubled down on his choice of Bill Pulte as acting director of national intelligence, despite bipartisan pushback on the pick that could result in the lapse this week of a foreign surveillance program with major national security implications.Earlier this month Trump tapped Pulte, who leads the Federal Housing Finance Agency and has used his perch to launch a series of probes into several of the president’s political opponents over allegations of mortgage-related wrongdoing.The move drew swift criticism from both sides of the aisle…
A Tesla Cybertruck drives past SpaceX facilities in Hawthorne, California, April 13, 2026.Ethan Swope | Bloomberg | Getty ImagesCrypto traders in the SpaceX pre-IPO perpetual futures are expecting a big first day for Elon Musk’s much-hyped space company. The perpetual future contract is currently trading around $162 on the Hyperliquid trading platform, a market dominated by highly active, leverage-seeking crypto traders. That’s about 20% above its fixed IPO price of $135 per share, but down sharply from the peak levels exceeding $220, reached shortly after its May launch. SpaceX perpetual futures on Binance were trading at a similar level.Musk’s rocket…
Palantir CEO Alex Karp said the artificial intelligence software company’s enterprise customers are “unhappy” with how the frontier labs are operating. “It’s not just the man and woman on the street that is unhappy with the frontier labs, it’s in private, every single enterprise we deal with,” he told CNBC’s Sara Eisen on Wednesday. Many customers, he said, believe these companies don’t understand their businesses and only care about “tokenmaxxing,” or burning through AI tokens to signal productivity. Accelerating costs are raising alarm on Wall Street and fueling efficiency concerns as businesses funnel more AI into workloads and model costs…
Trump says he is seeking permanent intelligence chief with security experience Source link
The researchers used an AI system trained to identify comments in the dataset that were likely to violate Meta’s current policies in three areas: violence and incitement, hateful conduct, or bullying and harassment. Comments that violated Meta’s policies around violent threats quadrupled, from 1,800 in the six months before the changes to 7,600 in the six months after. Hate speech comments also quadrupled, from 6,900 to 30,000. Comments that broke Meta’s rules on bullying and harassment doubled, from 15,700 to 39,900. “We regularly issue public reports tracking violating content on our platforms, and the prevalence of hateful conduct did not…
The Attorney General, Lord Richard Hermer KC. Source link
North Carolina State Treasurer Brad Briner said the year’s hottest IPO is too expensive for his pension fund to own.Briner, who oversees roughly $200 billion for North Carolina’s teachers, firefighters and police officers, said the state has invested heavily in artificial-intelligence startups OpenAI and Anthropic while avoiding a direct stake in SpaceX — expected to go public Friday — because of concerns that the Elon Musk-led company’s $1.77 trillion valuation leaves little room for future gains.”There’s been a pricing issue that we’ve been concerned about for the last year or so with SpaceX,” Briner said on CNBC’s “Squawk Box” Wednesday.…
Federal regulators came out with their first proposed rules on how to oversee prediction markets on Wednesday. The Commodity Futures Trading Commission, which has taken the lead as the federal regulator over the markets, will seek to develop a framework to determine if contracts are contrary to the public interest and illegal. Those questions surround contracts that relate to terrorism, assassinations, war, gaming or illegal conduct under state and or federal law, based on the Commodity Exchange Act. The commission did not outright ban any type of event contract based on the category of the trade, like those related to sports…
By Foo Yun Chee BRUSSELS, June 10 (Reuters) – Paramount Skydance Corp’s $110 billion takeover of , backed by Gulf sovereign wealth funds, is under European Union subsidy scrutiny, according to a European Commission filing. The U.S. entertainment giant sought EU approval under its Foreign Subsidies Regulation, which targets unfair foreign state aid, on Tuesday. The Commission, which acts as the EU competition enforcer, will decide by July 14 whether to clear the deal or open a full-scale 90 working day investigation. Saudi Arabia’s Public Investment Fund (PIF), Abu Dhabi-based L’imad Holding Company, and Qatar Investment Authority (QIA) are backing…