Shares in Ocado rose more than 9.5% on Friday, placing the stock among the top gainers on the FTSE 250, after the British online grocer and technology firm said it would receive a one-off $350 million cash payment from long-time US partner Kroger. The payment follows Kroger’s decision to close…
Baidu is exploring a Hong Kong listing for its Kunlunxin AI chip arm, as per a Bloomberg report. The move comes at a time when Beijing is intensifying efforts to reduce its reliance on US hardware, and companies across the sector are trying to strengthen their position in a market…
Tesla has introduced a lower priced Model 3 Standard in Europe, expanding its range at a time when buyers are seeking more affordable electric vehicles. The update appeared on the company’s website on Friday, only a few months after the same variant debuted in the United States. By offering a…
The Dow Jones Index held steady this week and is hovering near its all-time high as investors refocus on the upcoming Federal Reserve interest rate decision and key earnings by Adobe, Oracle, and Costco. It was trading at $48,000, its highest level since November 13, and is slowly forming a risky…
DeepNode’s latest funding reveals how investor interest is shifting toward decentralised artificial intelligence infrastructure that rewards practical model performance rather than raw compute.The project has secured $5 million across two rounds and plans to build a network where AI developers, validators, and compute providers collaborate without depending on large central…
Moore Threads’ blockbuster Shanghai debut has ignited talk of a credible Chinese challenger to Nvidia.The Beijing-based chipmaker has raised roughly ¥8 billion ($1.1 billion) with shares soaring more than 500% on the first day.The massive rally displays that the investors have high confidence about China bridging the technology gap faster…
Cristiano Ronaldo has entered the artificial intelligence sector through a new stake in Perplexity AI.The move links one of the world’s most recognisable sports figures with a rapidly expanding search company that is positioning itself as a major challenger in the race for more conversational and efficient digital discovery tools.…
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Metals One (AIM: MET1, OTCQB: MTOPF), a critical and precious metals exploration and development company, is pleased to announce it has successfully raised gross proceeds of £4.4 million (before expenses) through a placing of new ordinary shares with institutional and sophisticated investors (the ‘Placing’). The Placing comprises the issue of…