The UK-based startup hit a valuation of $75 billion in 2025 and is one of Europe's most valuable private tech companies.
CEO Clayton Magouyrk said on the earnings call that the 'bring-your-own-hardware' model has been working and the company will not incur any more debt in 2026.
The move comes as the Iran war continues to choke off traffic through the strategically vital Strait of Hormuz.
The consumer price index in February was expected to show a 2.4% increase from a year ago, according to the Dow Jones consensus.
Tech companies have funnelled billions of dollars into Middle East AI projects — the Iran war means questions will be asked about future investments
Russian President Vladimir Putin said Moscow is considering stopping all fuel exports to Europe as the bloc seeks to mitigate energy supply crisis.
"The Iranians are showing defiance by choosing the son of Khamenei," a former diplomat told CNBC.
U.S. Treasury yields moved higher on Wednesday as investors awaited February's inflation report and monitored developments on the US-Iran war front.
Oil was slightly higher as traders expect a group of countries to tap emergency crude reserves to mitigate disruption caused by the war in the Middle East.
More travelers are turning to AI to plan their trips, but concerns over accuracy and trust continue to shadow the technology’s rapid adoption.
The strike forced the crew onboard the unidentified vessel to evacuate, the UKMTO said.
The Indian cabinet has approved changes to its foreign direct investment policy, allowing investments from "Land Bordering Countries."
Oil prices were choppy on Wednesday morning as markets continue to watch developments in the U.S.-Iran war.
Arms maker Rheinmetall reported full-year sales that grew 29% year-over-year and said revenue would grow by even more this year.
This year's famous Cheltenham Festival comes at a time of crisis for British racing, which saw the head of the sport’s governing body quit amid acrimony.
AVK and Pure Data Centers’ microgrid facility in Ireland could mark the region’s first step toward a privately powered ecosystem.
China's latest policy meetings underscored the importance of domestic tech innovation to national growth.
Anduril, founded by Oculus creator Palmer Luckey, is positioning itself to be a key player in President Trump's "Golden Dome" project.
Iran has continued to ship crude oil via the Strait of Hormuz to China even as the war between U.S.-Israel and Iran has disrupted broader energy supplies via the waterway.
U.S. President Trump warned of “military consequences … at a level never seen before” if mines were not removed.
U.S. President said India's largest private energy company Reliance Industries is investing in a $300-billion refinery project in Texas.
Oil closed more than 11% lower, signaling that traders are betting the war won’t last long and the Strait of Hormuz will be reopened.
A Cerebras deal from one of the world's top cloud providers could be a big boon for a company that's trying to hit the public market.
Asia-Pacific markets opened higher on Wednesday as investors assessed the ongoing Middle East war.
Sen. Thom Tillis met with Federal Reserve chairman nominee Kevin Warsh, who President Donald Trump wants to replace Chair Jerome Powell.
Moltbook was built for OpenClaw agents, and OpenClaw's founder, Peter Steinberger, was hired by OpenAI.
U.S. officials have said Russia has given Iran information that could help its forces strike American military assets in the Middle East, MS Now has reported.
The IEA's members are advanced economies in North America, Europe and Northeast Asia. They collectively hold about 1.2 billion barrels of oil in reserve.