Biggest AI Rivals Agree They Need to Slow It Down
Elon Musk and Sam Altman supported Anthropic boss Dario Amodei's call for curbs on breakneck development. Altman even suggested OpenAI may delay its IPO to focus on safety.
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AstraZeneca Breast-Cancer Drug Misses Goal in Late-Stage Trial
The Etcamah results came a week after the U.S. granted approval for the drug for advanced breast cancer upon the detection of a specific mutation.
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Forget Robot Workers, This Company Wants to Build Soldiers
Unmanned aerial drones and vehicles are already on the frontlines of military conflicts. Foundation Future Industries wants combat-ready humanoid robots to be next.
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Hugo Boss Chairman to Step Down After Frasers Talks
The decision comes after Frasers Group reached near-majority ownership.
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Amazon Pauses Operations With 21 Air After Miami Crash
The crash has put a spotlight on 21 Air and owner Jim Crane, the logistics magnate and owner of Houston Astros baseball team.
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Metlen Signs Greek Energy Supply Deal with Petronas
Metlen said the partnership would enhance supply security and meet internal energy needs as well as broader European gas demand.
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Pfizer Makes an Unusual Enemy in $2 Billion Fight Over Unwanted Covid-19 Vaccines
The drugmaker has targeted air-traffic control fees in a dispute with Poland and Romania.
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Z.AI Plans $5.0 Billion Fundraising to Fuel AI Expansion
The latest fundraising by Z.AI, formerly known as Zhipu AI, comes less than two months after the company raised US$4.0 billion through a share placement in July.
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Tesla Is Reclaiming the U.S. EV Market as Legacy Automakers Retreat
U.S. EV sales remain depressed, but Tesla's market share has recovered from its 2025 nadir.
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J&J Is in Talks to Sell Its Hips-and-Knees Business to Apollo for $20 Billion
The health-products company said it planned to hive off its DePuy Synthes unit to focus on higher-growth areas.
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Larry Ellison Scraps Plan to Sell Up to $7.5 Billion Worth of Oracle Stock
The billionaire said that no stock was sold, and that he canceled a plan to unload 50 million shares.
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How PayPal's CEO Is Planning to Go It Alone and Fix the Payments Giant
A $50 billion buyout is stalled but Enrique Lores could make a $25 million bonus if Wall Street buys into his plans to transform the payments company.
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Abu Dhabi's Oil Giant Inks Partnerships With German Energy, Industry Groups as Part of UAE's $46.5 Billion Investment
The deals come as capital-rich UAE looks to invest in Germany's economy, where its leaders have been received on a visit this week.
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BMO, Sun Life Pledge C$75 Billion Private Capital for Canadian Infrastructure Push
BMO plans to mobilize up to C$70 billion over the next decade for sectors critical to Canadian economic security and resilience. Sun Life launched its own C$5 billion initiative to take direct debt and equity stakes in major national projects.
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Kroger Cuts Sales View, Citing Cyclospora and Pressured Shoppers
The grocery-store chain said it now expects annual same-store sales to increase by 0.2% to 0.8%, compared with its previous projection of 1% to 2% growth.
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The Upstart Using 'Guerrilla Tactics' to Shake Up the Football Helmet Business
Light Helmets circumvents locker-room gatekeepers and makes endorsement deals in a bid for visibility.