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Chinese President Xi Jinping welcomed US CEOs to Beijing for a high-stakes summit as President Trump aimed to level up American business interests in the country.
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Mind Robotics, the startup founded by Rivian CEO RJ Scaringe, has now raised over $1 billion for its AI-powered industrial robot project, valuing the company at $3.4 billion.
The latest fundraising round, which secured $400 million, was led by Kleiner Perkins and includes investments from Salesforce Ventures and Incharge Capital, a Volkswagen-affiliated venture-capital firm, The Wall Street Journal reports.
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The US Commerce Department has approved around 10 Chinese companies including Alibaba, Tencent, ByteDance and to purchase Nvidia's H200 chips.
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$MU has become a bellwether for the AI-memory trade.
$MU went from $93 to $803 in 365 days. 🤯
“We believe Elon Musk is the greatest entrepreneur of all time,” ERShares chief investment strategist @eva_ados says. “He built a whole supply chain.”
She explains:
The US Senate confirmed Kevin Warsh as the new chairman of the Federal Reserve.
It's official: We have a new Fed chair.
The CLARITY Act has received over 100 amendments ahead of Thursday’s Senate Banking Committee markup, 40 of which were filed by Elizabeth Warren.
“She's useless, but she’s going to make this a very hard fight,” The Daily Wolf host @scottmelker says.
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Trump's A-team for his China trip includes Elon Musk, Jensen Huang, Tim Cook, and more.
