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AI legal tech Legora ad featuring Jude Law. Credit: LegolaNvidia’s Venture arm NVentures has invested in Swedish AI legal tech Legora at a valuation of $5.6 billion, as the chip giant continues to raise startup funding around the world. Regola exclusively told CNBC on Thursday that Nvidia backed the company as part of a $50 million Series D extension, bringing the total to $600 million after the initial close in March. Atlassian, Adams Street Partners, and Insight also participated in the expansion.Investors are flooding into promising young AI companies, betting big on the technology’s commercial potential to reshape entire industries…
Congressman Steve Scalise (R-Louisiana) during a press conference at the U.S. Capitol on Monday, November 3, 2025 in Washington, DC, USA. Aaron Schwartz | Bloomberg | Getty ImagesHouse Minority Leader Steve Scalise said Thursday that Republicans still have a chance to win a majority in the 2026 midterm elections, even though the party faces strong headwinds ahead of a crucial November campaign. Polls show voters’ attitudes toward President Donald Trump and Congressional Republicans have worsened ahead of the election, largely due to dissatisfaction with the economy. According to a recent AP-NORC poll, President Trump’s approval rating on the economy has…
WASHINGTON (AP) — The U.S. economy accelerated in early 2026, expanding at a modest 2% pace from January to March after recovering from a 43-day federal government shutdown last fall. However, the outlook is uncertain iran war.The Commerce Department reported Thursday that gross domestic product, the country’s output of goods and services, has rebounded from a 0.5% slump in the last three months of 2025. Federal government spending and investment increased at an annualized rate of 9.3% in the first quarter, adding more than 0.5 percentage points to the growth rate, after falling by 1.16 percentage points in the fourth…
The Panama Canal has emerged as the latest maritime flashpoint, with the United States and China in recent weeks at loggerheads over control over one of the world’s most important shipping lanes.Earlier this week, Washington and its allies in the region accused China of seizing and detaining a Panama-linked vessel, calling China’s actions a “blatant attempt to politicize maritime trade.”Recommended stories list of 4 itemsend of listChina strongly denied the allegations Wednesday, calling them “hypocritical” and accusing the United States of politicizing global commerce and undermining its sovereignty.Analysts have warned that even a temporary disruption to the canal could cause…
For the third time in 12 days, the Russian Black Sea town of Tuapse woke up to apocalyptic scenes on Tuesday. Thick toxic gases and flames rising from a recent Ukrainian drone attack on the Rosneft-owned Tuapse refinery have nearly reached the heights of the surrounding Caucasus mountains. Officials said the fire was extinguished by Thursday morning. Fires from two previous attacks on April 16 and 20 also took several days to extinguish. Toxic substances rained down with black rain, coating cars and roads in oil, leading to what experts called the region’s worst environmental disaster in years. “The city…
LIV Golf announced a major restructure on Thursday, with Saudi Arabia’s Public Investment Fund (PIF) set to remove future funding of the rebel golf league.In a statement, LIV Golf unveiled a new independent board and confirmed it was trying to “secure long-term financial partners” to salvage the future of the organisation. The statement did not confirm the withdrawal of Saudi funding, but existing chairman Yasir Al-Rumayyan is also expected to depart. Please use Chrome browser for a more accessible video player Kaveh Solhekol explains why Saudi Arabian funding will be cut from LIV Golf and where this leaves the likes…
Gas prices displayed at a gas station in Brooklyn, New York on April 21, 2026. Spencer Pratt | Getty ImagesConsumers faced higher prices in March, economic growth was slower than expected and layoffs were at a generational low, a series of reports on Thursday showed, as the Iran war sent oil prices soaring and created a new level of challenge for the Federal Reserve.The core personal consumption expenditure price index, which excludes food and energy, increased by a seasonally adjusted 0.3% in the month, bringing the 12-month inflation rate to 3.2%, the Commerce Department said Thursday. This reading was in…
Traders work on the floor of the New York Stock Exchange (NYSE) as the opening bell rings on April 16, 2026. Timothy A. Clary | AFP | Getty Images Hello, my name is Katie Foley. I am writing from London on the last trading day of April. With oil prices soaring this morning and stocks falling, the market isn’t waiting for the calendar to pass and lean into the adage “sell in May.”Over the past month, we have seen fragile Iran ceasefire negotiations negotiated and then extended in the face of multiple cliffhanger moments dictated by the US president’s truthful…
Canada – 2025/08/07: In this illustrated photo, the SoftBank Group (SoftBank) logo is displayed on the smartphone screen. (Photo illustration: Thomas Fuller/SOPA Images/LightRocket, Getty Images)Sopa Images | Light Rocket | Getty ImagesSoftBank Group plans to establish and list a standalone artificial intelligence and robotics company in the United States as early as this year, the Financial Times reported on Thursday. The new organization, called Roze, will focus on building data centers and leveraging robotics to improve the efficiency of building AI infrastructure, according to the report, which cited anonymous sources familiar with the matter.SoftBank founder and CEO Masayoshi Son is…
Meta doesn’t come up as often in discussions about top AI products these days, but its products are still benefiting from the growing interest in the technology. Mehta said on Wednesday’s first-quarter conference call that the company’s business AI tools enabled about 10 million conversations a week as of late March, up from 1 million at the beginning of this year. This growth is due to the company’s recent expansion of its business AI assistant beta program in the US, EMEA, APAC, and Latin America. Meta hasn’t yet monetized its business AI tools and is offering them for free to…