40m ago
Higgsfield rolls out Supercomputer 2.0 enterprise marketing agents integrated with NVIDIA stack
Higgsfield has launched Supercomputer 2.0, an enterprise AI marketing agent that deeply integrates NVIDIA’s Agent Toolkit and Nemotron models, and runs its proprietary Soul model on Blackwell. The company says its platform is used by 390 Fortune 500 companies and that revenue in the first five months of 2026 nearly quadrupled. The release reinforces NVIDIA’s early lead and commercial validation in agent infrastructure, but no specific orders or revenue-sharing terms were disclosed.
40m ago
40m ago
Brent set for more than 8% weekly drop as U.S.-Iran truce hopes fade
U.S.-Iran talks were called off and Israel intensified attacks in Lebanon, dimming the outlook for a Middle East truce. Brent is on track for a weekly decline of more than 8%, even as it held at US$79.78 a barrel on Friday. Expectations have cooled for a quick recovery in Strait of Hormuz shipping and for more than 85 million barrels of stranded crude to return to global markets. Goldman Sachs and Citi cut their mid-term oil price forecasts, with Citi’s base case projecting US$60–65 per barrel by the first quarter of 2027.
40m ago
46m ago
Trader and podcaster Ed Elson warns $350 billion mega-IPO wave could pressure Meta and Google shares
Trader Ed Elson warned in a Substack post that SpaceX, Anthropic, OpenAI and Google plan to inject roughly $350 billion of new equity into markets, a sum he said exceeds total US venture-capital investment last year and combined IPO proceeds over the past seven years. He argued the added supply could force investors to sell existing high-valuation tech holdings to fund new purchases, creating direct pressure on incumbents such as Meta and Google. He also cited SpaceX shares falling 10% in a single day after the listing and said the company’s valuation is far above historical comparables.
46m ago
50m ago
USTR opens Section 301 probe into Germany over pricing of innovative drugs
The Office of the U.S. Trade Representative has launched a formal investigation under Section 301 of the Trade Act of 1974 into what it describes as Germany’s long-running underpayment for innovative pharmaceutical products. The review will assess whether Germany’s practices are unreasonable or discriminatory and whether they burden or restrict U.S. commerce. While no tariff rate or timetable has been set, the move could lay the groundwork for future duties on German pharmaceutical imports and has heightened concerns about U.S.-Europe trade frictions in the sector.
50m ago
53m ago
Reliance to bring 120 MW of AI compute online by end-2026, targets ‘dramatically’ cheaper AI
Reliance said at its AGM that it will commission 120 MW of AI compute infrastructure by the end of 2026, using NVIDIA GB300 GPUs with capacity equivalent to more than 75,000 H100 GPUs. The company also said it has partnered with NVIDIA, Meta and Google, positioning the project as India’s “sovereign AI backbone” powered entirely by its own clean energy. Reliance added it is building AI services natively in 22 Indian languages and plans to embed AI directly into the Jio network for users.
53m ago
1h ago
Gold futures drop 2.27% to Rs 1,45,917 per 10 grams as US-Iran talks are postponed
Gold futures fell 2.27% on Friday to Rs 1,45,917 per 10 grams after follow-up talks on a US-Iran peace agreement planned in Switzerland were postponed indefinitely, dampening hopes of easing geopolitical risks. A stronger US dollar and the Federal Reserve’s signal that interest rates may stay high for longer also weighed on bullion. In New York, the benchmark August Comex gold contract slid 2.24% to USD 4,150.90 an ounce. The report also flagged renewed concerns that efforts to restore oil flows through the Strait of Hormuz could face disruption risks.
1h ago
1h ago
Mukesh Ambani launches Reliance Intelligence, citing partnerships with NVIDIA, Meta and Google at Reliance AGM on June 19, 2026
At Reliance’s 49th annual general meeting on June 19, 2026, chairman Mukesh Ambani announced the creation of Reliance Intelligence as a new growth engine. He said the initiative will work with NVIDIA, Meta and Google to build AI infrastructure and a platform for AI services. Ambani also said India should become a creator and global leader in AI rather than only a consumer.
1h ago