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Basecamp Research Secures $140 Million Series C Funding to Advance AI-Designed Drugs

Basecamp Research Secures $140 Million Series C Funding to Advance AI-Designed Drugs

Basecamp Research Secures $140 Million Series C Funding to Advance AI-Designed Drugs
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AI infrastructure firm Accelevation targets up to $5.4 billion valuation in US IPO

AI infrastructure firm Accelevation targets up to $5.4 billion valuation in US IPO

By Pragyan Kalita Sept 22 (Reuters) - Accelevation is targeting a valuation of up to $5.37 billion in its US initial public offering, the data center infrastructure company said on Tuesday, joining a wave of firms tapping investor demand for AI-linked stocks.
ReutersReuters
Data center firm Accelevation targets up to $5.4 billion valuation in US IPO

Data center firm Accelevation targets up to $5.4 billion valuation in US IPO

Sept 22 (Reuters) - Accelevation is targeting a valuation of up to $5.37 billion in its US initial public offering, the data center infrastructure company said on Tuesday, joining a wave of firms tapping investor demand for AI-related stocks.
ReutersReuters
Oil falls to two-week low as Gulf supply outlook improves

Oil falls to two-week low as Gulf supply outlook improves

By Anushree Mukherjee LONDON, Sept 22 (Reuters) - Oil prices fell to a two-week low on Tuesday as prospects for increased oil supplies from the Gulf eased market concerns, with Iran signaling it could reopen the Strait of Hormuz within seven days and Saudi Arabia set to resume exports from its Red
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Oil prices settle lower as crude flows from Middle East improve

Oil prices settle lower as crude flows from Middle East improve

By Erwin Seba HOUSTON, Sept 22 (Reuters) - Oil prices fell on Tuesday on increasing flows of Saudi crude with the restart of the East-West pipeline and ship movements through the Strait of Hormuz, through which 20% of global supply moved before the US-Israeli war on Iran began in late February.
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Oil falls 1% after reports suggest Iran could reopen Hormuz within seven days

Oil falls 1% after reports suggest Iran could reopen Hormuz within seven days

By Anushree Mukherjee LONDON, Sept 22 (Reuters) - Oil prices fell on Tuesday after reports that Iran said it could reopen the Strait of Hormuz within seven days if the US takes initial steps to ease military pressure, easing concerns over disruptions to a key global oil shipping route.
ReutersReuters
AI firms should not get regulatory waivers, Nvidia CEO says on podcast

AI firms should not get regulatory waivers, Nvidia CEO says on podcast

By Stephen Nellis SAN FRANCISCO, Sept 23 (Reuters) - Nvidia CEO Jensen Huang believes AI firms should not receive exemptions from antitrust or liability laws, according to a podcast released on Wednesday.
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Meta's Muse rekindles fears over winners and losers as personal AI agent emerges

Meta's Muse rekindles fears over winners and losers as personal AI agent emerges

Sept 23 (Reuters) - Meta's Muse, the first major consumer product to emerge under Alexandr Wang since he was hired to head its AI efforts last year, has split the fortunes of US stocks this week.
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Australia PM Albanese says OpenAI agent breached government website in June

Australia PM Albanese says OpenAI agent breached government website in June

Sept 23 (Reuters) - Australian Prime Minister Anthony Albanese said on Wednesday an AI agent developed by OpenAI infiltrated an Australian government website in June, accessing public and non-public files in the first known instance of an AI agent hacking a government website.
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Oil prices rise on Trump timeline for Iran peace deal: after US elections

Oil prices rise on Trump timeline for Iran peace deal: after US elections

By Erwin Seba HOUSTON, Sept 22 (Reuters) - Oil prices rose on Tuesday as traders worried about global supplies after US President Donald Trump told the United Nations General Assembly in a speech that a peace deal with Iran could come after the US midterm elections, which are not until early
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Anthropic unveils Claude Opus 5.5

Anthropic unveils Claude Opus 5.5

Sept 22 (Reuters) - Anthropic on Tuesday launched Claude Opus 5.5, a new AI model that it says delivers performance comparable to its top-tier Fable 5.1 while costing 40% less to run than its predecessor. The release lands amid growing debate over AI risks.
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Wall St futures rise as AI stocks gain, oil prices slide

Wall St futures rise as AI stocks gain, oil prices slide

Sep 21 (Reuters) - Wall Street futures advanced on Monday, led by AI stocks, as a 2% slide in oil prices pulled Treasury yields lower on signs the warring parties in the Middle East were open to a resolution.