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DeepSeek Resumes $74BN Mega-Raise - Then Warns It's Jacking-Up Prices
DeepSeek Resumes $74BN Mega-Raise - Then Warns It's Jacking-Up Prices
Chinese AI startup DeepSeek is looking to raise roughly 50 billion yuan at a valuation of 500 billion yuan (US$74 billion) - while the company warned developers a day later that it's raising prices. The resumed funding round, first reported by Chinese business outlet Caijing (via The Standard), is expected to be signed by the end of the month, with the process kept deliberately quiet; some participating institutions reportedly haven't even been formally told the deal is back on. The pricing notice, posted...
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Apr 16, 2026 / Tyler Durden
House Effort To End Trump's Iran War Fails By One Vote: Guess The Lone GOP Dissenter
House Effort To End Trump's Iran War Fails By One Vote: Guess The Lone GOP Dissenter
Two parallel war-related votes in the House and Senate reveal growing dismay and political fractures over President Trump's Iran war, as the Strait of Hormuz remains locked down and ceasefire still seems distant.
The Republican-controlled House voted Thursday to reject a resolution ordering the White House to end the war with Iran, as Memorial Day approaches and Americans are anxious over gas prices and general rising costs at the grocery store.
The vote was 213-214, almost entirely...
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Apr 16, 2026 / Robert Aro
Why the Crash Was Delayed
A $2.3 trillion contraction met with a $2.5 trillion injection.
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May 21, 2026 / Tyler Durden
The Growing Burden Of Old-Age Dependency
The Growing Burden Of Old-Age Dependency
Many countries around the world are facing a rapidly rising old-age dependency ratio, according to projections published in the UN’s World Population Prospects 2024.
As Statista's Anna Fleck details below, this indicator measures the number of people aged 65 and older relative to the working-age population (between 15 and 64 years old).
South Korea is expected to experience a particularly steep increase, with the number of people aged 65 and over per 100 working-age adults projected to jump from 31.2 in 2026 to 75.6 by 2050.
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