Markets, companies, and the deals moving them -- each story followed as new reporting comes in, not just a single snapshot.
The deal values Adani Airport Holdings at about $18 billion pre-money and is expected to boost capacity to 200 million passengers annually. The company manages eight airports, including Mumbai International, accounting for about 25% of India's passenger traffic and 33% of its air cargo.
The update cuts image generation latency by up to 50% versus Images 2.0 and introduces two developer models, Flare and Sunburst, with Flare running two to four times faster in Manus's tests. OpenAI also reports over 3 billion images are created weekly across its image tools.
The foldable iPhone, code-named V68, is expected to feature a 7.8-inch interior display and a 5.5-inch outer screen, with Apple targeting a price just under $2,000 to avoid the psychological barrier. IDC projects Apple could capture 31% of the foldable market by year-end, despite the segment being less than 2% of global shipments.
Coxon's resignation came days after UN rights chief Volker Türk told the UN Human Rights Council that advanced AI could pose an existential risk, calling for 'cast iron guarantees' on safety. Türk also warned that a handful of men hold 'almost unlimited power over AI' and urged countries to agree on red lines.
SIA holds SGD 10.48 billion in cash reserves as of June 30, with access to SGD 3.24 billion in undrawn credit lines. The investment follows Vistara's consolidation into Air India in November 2024, giving SIA a 25.1% stake in the enlarged group.
The initiative is part of the European Commission's Open Internet Stack, aiming to build open, secure digital infrastructure. Projects can request between €5,000 and €50,000, with NLnet Foundation coordinating alongside three other organizations.
Buckmaster, a New York University professor, says OpenAI accelerated its work after learning he and an Anthropic researcher were close to announcing their own breakthrough, and he worries their data stored in OpenAI's Codex may have been visible. OpenAI's Sebastien Bubeck denies using the pair's work, but the company admits it cannot rule out that their product usage helped improve its models.
Tata and Mahindra together accounted for nearly 64% of August's electric car registrations, while MG Motor saw a 17.77% YoY decline. Across all EV categories, total retail reached 2,98,448 units, up 53% YoY, with electric commercial vehicles hitting an all-time monthly high of 4,702 units.
Hee-Cheul Moon, head of Samsung's Advanced Mechanical R&D Group, told WIRED that the key to customer value is device weight, noting it's 'not easy.' Analysts expect Apple's entry to boost foldable category growth by nearly 30%, the only growth in the smartphone market.