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Kim Oversees Test of New Engine for North Korean ICBM
North Korean Supreme Leader Kim Jong Un attended the tests of new missiles, including an upgraded engine for its intercontinental ballistic missiles (ICBM). North Korean state media reported on Sunday that Kim oversaw the tests of a new engine for its ICMB that generated significantly more thrust. He said, “The test [is] of great significance […]
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Feb 27, 2026 / Tyler Durden
OpenAI Secures Record $110 Billion Funding Round Backed By Amazon, Nvidia, & SoftBank
OpenAI Secures Record $110 Billion Funding Round Backed By Amazon, Nvidia, & SoftBank
OpenAI has closed a new funding round that could total $110 billion, valuing the ChatGPT maker at $730 billion pre-money and potentially putting it on course for an IPO in the second half of the year, according to a new Financial Times report.
The three investors in the deal are Nvidia, Amazon, and SoftBank. People familiar with the deal say this opens the pathway to the public markets at the end of this year.
Breaking down funding numbers by...
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Apr 18, 2026 / Tyler Durden
Iranian Gunboats Open Fire On Tanker As Hormuz Closure Sparks Maritime Chaos
Iranian Gunboats Open Fire On Tanker As Hormuz Closure Sparks Maritime Chaos
Summary:
Two Iranian gunboats Open Fire on a tanker near Oman
Friday: Hormuz Open; Saturday: Hormuz Closed
Iranian Forces Open Fire On Tanker
The UK Maritime Trade Operations (UKMTO) reports that a tanker was "approached by 2 IRGC gunboats, with no VHF challenge, and then fired upon."
UKMTO did not provide any further details about the two Iranian vessels that fired on the tanker or the type of weapons used in the maritime incident, which was reported to have occurred 20 nautical miles...
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Jun 10, 2026 / Tyler Durden
Apollo's President Warns AI Is Coming For Professional Services Jobs Next
Apollo's President Warns AI Is Coming For Professional Services Jobs Next
First AI came for Software, disrupting its various offshoots and sparking a brutal bear market at the start of the year before a powerful squeeze sent software stocks surging in recent weeks. Now, it's the turn of professional services, including law firms, accountancies and consulting firms, which according to Apollo’s co-president, Scott Kleinman are likely to be the next sector to face disruption from artificial intelligence.
Investors have had their worries focused on the software sector, and the extent to which AI...
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