Author: Daniel snow
[ad_1] The SBA’s new center will help faith-based companies and places of worship navigate government contracts and access to capital. [ad_2] Source link
[ad_1] Mira Murati, Chief Technology Officer of OpenAI, speaks during The Wall Street Journal’s WSJ Tech Live Conference in Laguna Beach, California on October 17, 2023. Patrick T. Fallon | Afp | Getty ImagesMira Murati, the former chief technology officer of OpenAI, said Tuesday that her artificial intelligence startup Thinking Machines Lab has raised $2 billion in fresh capital and will announce its first product “in the next couple months.”Murati rocketed into the spotlight in 2023 when she was named interim CEO of OpenAI after Sam Altman was briefly ousted by the company’s board. She left OpenAI in September and launched…
[ad_1] Job candidates are encountering AI voice bots more frequently as companies struggle to keep up with surging numbers of applicants. [ad_2] Source link
[ad_1] A sharp rise in homeowners-insurance premiums is connected to rising levels of financial distress, especially among first-time buyers. [ad_2] Source link
[ad_1] A Rolls-Royce aircraft engine on view during the Hannover Messe industrial trade fair on March 31, 2025.Ronny Hartmann | Afp | Getty ImagesBritish aerospace and defense company Rolls-Royce announced it is investing $75 million to expand its engine manufacturing facility in Aiken, South Carolina.The investment will boost output of mtu Series 4000 diesel engines, which are used in backup power systems for data centers and other critical infrastructures.”The increased investment strengthens our ability to serve our U.S. customers — especially in the fast-growing American data center industry,” Adam Wood, managing director for Rolls-Royce’s power systems division in America, said…
[ad_1] BofA analysts said Chewy’s pharmacy segment and vet clinics stand to benefit from a rebound in pet adoptions. [ad_2] Source link
[ad_1] The Pentagon is taking immediate action to boost critical mineral production in the U.S. and counter China’s dominance of the supply chain for rare earth magnets, a defense official told CNBC on Tuesday.The Defense Department last week agreed to buy a direct equity stake in MP Materials, which will make the U.S. government the miner’s largest shareholder. MP operates the only rare earth mine in the U.S. located at Mountain Pass, California, and a magnet plant in Forth Worth, Texas.When asked whether the Pentagon is considering similar investments in other U.S. mining companies, the defense official said it is…
[ad_1] JoeBen Bevirt, founder and CEO of Joby Aviation, stands near an electric air taxi by Joby Aviation at the Downtown Manhattan Heliport in Manhattan, New York City, U.S., November 12, 2023.Roselle Chen | ReutersJoby Aviation is ramping up its manufacturing capabilities in the U.S. as it races to roll out air taxi service in 2026.The electric vertical takeoff and landing (eVTOL) maker said Tuesday that it’s launching production at its remodeled components facility in Dayton, Ohio, and plans to double capacity at its Marina, California, manufacturing hub.”Reimagining urban mobility takes speed, scale, and precision manufacturing. Our expanded manufacturing footprint…
[ad_1] The iPhone maker is committing $500 million to buying rare-earth magnets from the company’s flagship facility in Texas, which Apple is helping to build out. [ad_2] Source link
[ad_1] Howard Lutnick, U.S. Secretary of Commerce speaks during the Pennsylvania Energy And Innovation Summit 2025 at Carnegie Mellon University in Pittsburgh on July 15, 2025.David A. Grogan | CNBCCommerce Secretary Howard Lutnick on Tuesday said the Trump administration reversed course on allowing Nvidia to sell its AI chips to China because the U.S. company will not be giving over its best technology.Lutnick made the remark speaking with CNBC’s Brian Sullivan, saying that Nvidia wants to sell China its “4th best” chip, which is slower than the fastest chips that U.S. companies use.”We don’t sell them our best stuff, not…