Cashmere sweaters have become widely available at surprisingly low prices, offering consumers access to a fiber prized for its softness, warmth, and lightweight feel. But behind these bargains is a growing sustainability problem.  Cashmere comes from the fine undercoat of specific goat breeds, and each goat typically produces only four to six ounces of usable fiber per year through two shearings. As demand has surged and prices have fallen, herders have been pressured to she

Finland’s emerging AI startup NestAI has captured significant attention after securing €100 million (about $115 million) in new funding and unveiling a strategic partnership with Nokia to advance artificial intelligence for defense and autonomous systems. The round, led by Finland’s sovereign wealth fund Tesi alongside Nokia, signals a major vote of confidence in the company’s mission to build AI technologies that can be deployed in unmanned vehicles, autonomous operations, a

SoftBank Group Corp. has once again made headlines with its decision to sell its entire stake in Nvidia Corp. for $5.83 billion, a move aimed at fueling its growing investments in artificial intelligence. The sale, though surprising to some investors, reflects founder Masayoshi Son’s ambition to position SoftBank as a dominant player in the expanding AI ecosystem (Bloomberg; Wall Street Journal). Son’s vision extends beyond software and into large-scale infrastructure, from S

Anthropic, a trailblazing artificial intelligence startup, is on the brink of securing $2 billion in a funding round that will propel its...

Two major players in the AI landscape, Tenstorrent and Nebius Group, have each secured $700 million in funding to bolster their efforts...

Jeff Bezos, the founder of Amazon, has joined forces with prominent investors such as Samsung and LG to back Tenstorrent, an AI hardware...

Saudi Aramco's venture capital arm, Wa'ed Ventures, has earmarked $100 million to invest in early-stage artificial intelligence (AI)...