The United Nations released a preliminary figure estimating direct economic losses from the June 24 double earthquake across northern Venezuela.
Category: Business
Luxury Shoppers Increasingly Turning to Airport Retailers for Pre-Flight Bargains
A new retail trend shows high-end consumers treating airport duty-free stores as primary destinations rather than travel necessities.
Warner Bros Discovery Rebuilds Advertising Technology Stack Around Agentic AI
The media giant is automating media planning audience forecasting and campaign management using AWS-hosted AI agents under human oversight.
Yahoo Launches Open AI Agent Network Connecting 23 Advertising Technology Partners
Yahoo’s new Agent Network within its demand-side platform allows advertisers to use competing AI tools through standardised open protocols.
OpenAI Unveils Jalapeño Custom Chip Targeting 50% Cheaper AI Inference
OpenAI partnered with Broadcom to release a proprietary chip aimed at dramatically cutting the cost of running large language models.
Google Microsoft GitHub NVIDIA Release Agentic Resource Discovery Open Standard
Major technology companies published a draft specification allowing AI agents to locate and connect with tools and APIs at runtime without preconfigured integrations.
Anthropic Reaches Projected Q2 Operating Profit of $559M at $4.7B Annualised Run Rate
Claude Code’s dominance of the AI coding market has made Anthropic the first major AI lab to reach operating profitability ahead of rivals.
S&P 500 Rotation Sees 63% of Stocks Trading Above 50-Day Moving Average
A broadening rally is underway as investors move capital from AI mega caps into industrials and consumer discretionary sectors.
OpenAI Considers Delaying IPO to 2027 Amid Regulatory Volatility
Uncertainty over AI governance and model access restrictions is reportedly pushing OpenAI to defer its initial public offering by at least a year.
Spain’s BBVA Adjusting Client Pricing in Response to Global Warming Risks
One of Spain’s largest banks is restructuring loan pricing and credit risk models to incorporate climate change projections into its lending standards.