Rivian CEO RJ Scaringe tours the inside of electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024. Joel Angel Juarez | Reuters DETROIT — Rivian Automotive will let artificial intelligence take the wheel to try to convince investors that its future can be more lucrative than its past. The all-electric vehicle…
The backdrop for private equity exits is turning more favorable — and a Federal Reserve rate cut could give dealmaking activity more momentum. Investors are firmly focused on the Fed’s rate-setting Federal Open Market Committee, which is predicted to lower borrowing costs by a quarter percentage point at its latest meeting on Wednesday, bringing the…
Investors are betting there’s room for another startup using artificial intelligence to help software engineers write code faster. The difference with Kilo Code is it counts former GitLab CEO Sid Sijbrandij among its founders. On Wednesday, Kilo Code announced $8 million in seed funding, with backing from Breakers, Cota Capital, General Catalyst, Quiet Capital and…
This page may contain affiliate links to legal sports betting partners. If you sign up or place a wager, FOX Sports may be compensated. Read more about Sports Betting on FOX Sports. The No. 23 Nebraska Cornhuskers (9-0, 0-0 Big Ten) will look to extend a nine-game home winning streak when they host the Wisconsin…
Don’t worry about the Federal Reserve announcing a rate cut in a few hours. A quarter-point reduction is baked into the market now. The Fed’s 2026 rate outlook is a different story. In September, when the Fed last issued its quarterly ” summary of economic projections ,” the central bank projected only one rate cut…
Construction company Alquist 3D worked with Walmart last year to build a nearly 8,000-square-foot 3D printed addition to its store in Athens, Tennessee. Alquist A version of this article first appeared in the CNBC Property Play newsletter with Diana Olick. Property Play covers new and evolving opportunities for the real estate investor, from individuals to…
Jensen Huang, chief executive officer of Nvidia Corp., outside the US Capitol in Washington, DC, US, on Wednesday, Dec. 3, 2025. Bloomberg | Bloomberg | Getty Images Nvidia on Wednesday refuted a report that the Chinese artificial intelligence startup DeepSeek has been using smuggled Blackwell chips to develop its upcoming model. The U.S. has banned…
The Starcloud-1 satellite is launched into space from a SpaceX rocket on November 2, 2025. Courtesy: SpaceX | Starcloud Nvidia-backed startup Starcloud trained an artificial intelligence model from space for the first time, signaling a new era for orbital data centers that could alleviate Earth’s escalating digital infrastructure crisis. Last month, the Washington-based company launched…
TOKYO — The American playwright and actor Jeremy O. Harris has been released from detention in Japan three weeks after he was taken into custody on suspicion of smuggling the psychedelic drug ecstasy. The 36-year-old Harris, known for his Tony-nominated “ Slave Play,” was freed from police custody Monday, the Tomishiro police department told The…
A year ago, when NFL scouts and executives pondered a potentially strong class of quarterbacks in the 2026 NFL Draft, they all seemed to agree on one thing: The head of the class would clearly be Arch Manning. One year later, it looks like Manning will probably stay in school and return to Texas for…
