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SpaceX and Tesla Explore $3.5 Trillion Merger That Could Reshape Elon Musk’s Empire

SpaceX and Tesla Explore $3.5 Trillion Merger That Could Reshape Elon Musk’s Empire

SpaceX and Tesla have formed independent committees to explore a potential merger that could create a technology giant worth approximately $3.5 trillion. Elon Musk supports the idea, but no agreement has been reached and shareholder approval would be required.

Nvidia Expands Into the CPU Market, Challenging Intel and AMD’s Longtime Dominance

Nvidia Expands Into the CPU Market, Challenging Intel and AMD’s Longtime Dominance

Nvidia is expanding into the traditional CPU market with its Vera processor, winning AI cloud startup Modal as a customer after early tests showed significant performance improvements over Intel and AMD chips.

Saudi Arabia Postpones Its Flagship Investment Conference as Houthi Attacks Threaten Vision 2030

Saudi Arabia Postpones Its Flagship Investment Conference as Houthi Attacks Threaten Vision 2030

Saudi Arabia has postponed its flagship Future Investment Initiative conference until 2027 following deadly Houthi attacks on Riyadh and major infrastructure. The event, known as Davos in the Desert, was expected to bring together some of the world's most influential investors and executives.

Houthi Attacks Threaten Saudi Arabia’s Economic Ambitions

Houthi Attacks Threaten Saudi Arabia’s Economic Ambitions

Houthi attacks on Riyadh airport and Saudi Aramco are striking directly at the foundations of Saudi Arabia’s Vision 2030 strategy: tourism, aviation, energy security and foreign investment.

Anthropic Forecasts Extraordinary AI-Driven Growth

Anthropic Forecasts Extraordinary AI-Driven Growth

Anthropic has modeled a scenario in which AI could push the U.S. economy to roughly $44.4 trillion by 2030, implying growth rates almost unprecedented for a developed economy.

IMF Warns of Growing Global Economic Risks

IMF Warns of Growing Global Economic Risks

The IMF expects the global economy to grow 3.1% in 2026, but warns that the risks beneath that resilience are increasing. War, high debt, rising borrowing costs, inflation and growing dependence on the AI investment boom are all narrowing the world economy’s margin for error.

IMF Forecasts Middle East Economy Will Contract 1.3% in 2026

IMF Forecasts Middle East Economy Will Contract 1.3% in 2026

The IMF now expects the Middle East, North Africa and Pakistan region to contract by 1.3% in 2026, reversing 3.3% growth last year as war disrupts energy production, shipping and investment.