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nscale-raises-$2b-as-ai-data-centers-surge

Nscale Raises $2B as AI Data Centers Surge

Series C values the startup at $14.6 billion AI data center startup Nscale said Monday it raised $2 billion in a Series C round that values the company at $14.6 billion, extending a fundraising streak that underscores how aggressively investors are financing
March 9, 2026
retailers-brace-for-tariff-shifts-as-policy-swings-return

Retailers brace for tariff shifts as policy swings return

Supreme Court ruling and new levy reset planning assumptions U.S. retailers are reassessing pricing, sourcing, and forecasts after another change in the tariff backdrop, a shift that has added fresh uncertainty to consumer spending expectations for the year. Recent earnings commentary from
March 4, 2026
block-cuts-4,000-jobs-as-ai-reshapes-workforce

Block Cuts 4,000 Jobs as AI Reshapes Workforce

Major Workforce Reduction Tied to AI Gains Financial technology firm Block has confirmed plans to eliminate 4,000 positions, reducing its workforce from roughly 10,000 employees by nearly half. Chief Executive Officer Jack Dorsey said the move reflects productivity improvements driven by artificial
February 27, 2026
spirit-airlines-set-to-exit-bankruptcy

Spirit Airlines Set to Exit Bankruptcy

Deal with creditors keeps carrier alive Spirit Airlines has reached an agreement with creditors that will allow the ultra-low-cost carrier to exit bankruptcy protection later this spring or early summer, preserving the airline as an independent company after years of financial turbulence.
February 24, 2026
amazon-overtakes-walmart-in-annual-sales

Amazon Overtakes Walmart in Annual Sales

A Historic Revenue Shift Amazon has officially surpassed Walmart in annual revenue, marking the first time the retail giant has lost its position as the world’s largest company by sales. For the fiscal year ending in January, Walmart reported revenue of $713.2
February 19, 2026
alibaba-launches-qwen3.5-ai-model

Alibaba launches Qwen3.5 AI model

Focus on performance and lower costs Alibaba on Monday introduced Qwen3.5, a new artificial intelligence model the company says can independently handle complex tasks while significantly reducing operational costs. The Chinese technology group claims the latest version delivers major efficiency gains, describing
February 16, 2026
inflation-eases-in-january,-rate-cuts-eyed

Inflation Eases in January, Rate Cuts Eyed

U.S. inflation cooled more than expected in January, offering cautious optimism that price pressures may be gradually easing. The latest Consumer Price Index data showed slower annual growth in both headline and core measures, reinforcing hopes that inflation is moving closer to
February 14, 2026
kraft-heinz-pauses-breakup-to-refocus-growth

Kraft Heinz Pauses Breakup to Refocus Growth

Kraft Heinz announced it is pausing its previously unveiled plan to split the company, signaling a strategic shift under new CEO Steve Cahillane. Instead of moving forward with a separation, the food giant will concentrate on stabilizing and revitalizing its core operations,
February 11, 2026
eu-says-tiktok-breached-digital-safety-rules

EU says TikTok breached digital safety rules

Preliminary ruling targets addictive design The European Commission has issued a preliminary ruling stating that TikTok has breached the European Union’s Digital Services Act by failing to properly address risks linked to the platform’s addictive design. The decision signals that the video
February 6, 2026
spacex-acquires-xai-in-landmark-merger

SpaceX Acquires xAI in Landmark Merger

SpaceX has acquired xAI, merging two of Elon Musk’s most ambitious ventures into what is now the most valuable private company in the world. The deal underscores both the capital intensity of artificial intelligence development and the growing strategic link between AI
February 3, 2026
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