The AI governance debate is expected to take centre stage at the G7 summit in Évian-les-Bains this week, with the US administration arriving with an explicit agenda to promote American AI technology and standards globally. The White House has framed G7 AI discussions around several core objectives: establishing US aligned principles for AI safety and governance, promoting the adoption of American-built AI tools among allied nations, and reducing dependency on Chinese AI infra

President Trump signaled on Saturday that the US-Iran peace deal could be signed as early as Sunday, June 14, today, while Iran's foreign ministry has urged caution on exact timelines, saying the process requires more internal deliberation. Polymarket prediction markets, which have seen more than $310 million in trading on the question, currently reflect high confidence that a permanent deal will be reached by the end of June, citing Pakistan's announcement that the final tex

The Food and Drug Administration announced Friday that it has cleared the first over the counter continuous glucose monitor designed specifically for children, a move that expands access to a technology that has already transformed diabetes management for adults. Continuous glucose monitors use a small sensor worn on the skin to track blood sugar levels throughout the day and night, sending real-time data to a smartphone or receiver without the need for repeated finger-prick

SpaceX made history on Friday with the largest initial public offering ever recorded, pricing shares at $135 and watching them rocket more than 19% on their first day of trading on the Nasdaq under the ticker SPCX. Shares opened at $150, surged past $160 shortly after the bell, and closed around $161.11, valuing Elon Musk's space and AI infrastructure company at approximately $1.77 trillion. The offering raised roughly $75 billion, instantly making Musk, who retains more than

A new analysis circulating on Wall Street this week is putting fresh scrutiny on just how concentrated the stock market's gains have become. According to figures cited by the Wall Street Journal, the ten largest companies in the S&P 500 now represent nearly 40% of the index's total value — and every single one of them has a direct connection to artificial intelligence. The finding underscores a theme that strategists have been flagging for months: the broad market's performan

Prometheus, the industrial AI startup co-led by Amazon founder Jeff Bezos, announced this week that it has raised $12 billion in a new funding round at a valuation of $41 billion, bringing its total funding to more than $18 billion in just over a year. Investors in the round include JPMorgan Chase, Goldman Sachs, BlackRock, DST Global, and Arch Venture Partners, alongside Bezos himself, who was also the largest backer of the company's initial $6.2 billion raise when it launch