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The Latest Breaking News from International Business Times

Nepal Flash Floods: Death Toll Rises to 626 as Kathmandu Rejects General International Rescue Help

The devastating Nepal Flash Floods leave at least 626 dead as Kathmandu formally rejects general international rescue help and requests only highly specialised technical assistance for trapped victims.

International Business Times

AI Agents Are Buying Things Online. Those Setting The Rules Aren't Govt. Regulators.

A 40-member industry body now governs the standard AI agents use to spend money. Washington has issued no rules of its own. The gap between them is where the risk lives.

International Business Times

Microsoft Is Significantly Behind Its Own Targets For AI Chip Deployment: Report

Despite committing billions annually to expand data center capacity, Microsoft sources say the company's total chip count has barely moved over the past year.

International Business Times

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SpaceX Is Building an AI Data Center in Space. Elon Musk Is Betting Big on Nvidia For It.

SpaceX plans to send a space-optimized version of Nvidia's Vera Rubin NVL72 computing system into orbit during the fourth quarter of 2027, roughly a year earlier than the timeline presented to investors.

International Business Times

The Is U.S. Using Lasers As Part Of Its Air Defense. It Shot Three Drug Cartel Drones Down Along Border.

Officials have said the military has used lasers three times to take out drug cartel drones near Texas' Rio Grande Valley

International Business Times

Meta's $18 Billion Settlement Could Be The First Step In The Overhaul Of Other Social Media Platforms

The company is urging TikTok and YouTube to make similar safety changes.

International Business Times

Europe Starts Enforcing Its AI Act. The World's Biggest Tech Companies Are Already Changing.

Companies are obligated make it clearer when people are interacting with AI rather than another human.

International Business Times

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Stocks Fall After Warsh Warns About Inflation, But S&P 500 Closes Winning Week

Chances of a rate hike by the Federal Reserve increased after Warsh's remarks in Jackson Hole.

International Business Times

'Grand Theft Auto 6' Preview Overwhelms Streaming Platforms. Analysts See Blockbuster Demand Ahead.

The highly anticipated extended look at gameplay for "GTA 6" debuted Thursday, August 27, on Netflix.

International Business Times

Bank of America to Pay $72.5 Million To Jeffrey Epstein Accusers As Judge Approves Settlement

The $72.5 million fund will compensate eligible women who were trafficked or sexually abused by Epstein or his associates between June 2008 and July 2019.

International Business Times

Ripple-Backed Evernorth Is One Vote Away From Nasdaq. Its Business Is Built Around Holding And Growing XRP.

Armada Acquisition Corp. II shareholders will vote Sept. 30 on the merger, with the combined company expected to trade under the ticker XRPN.

International Business Times

Hundreds of Suspected Chinese Fake Accounts Helping Fuel Opposition To Data Centers In The U.S., X Claims

"We found 200 accounts posting in a manner that could manipulate a legitimate debate about American AI and energy policy," X Safety said.

International Business Times

America Wants More AI Chips Made At Home. SK Hynix's Has Broken Ground In Indiana.

SK Hynix says the project will create about 7,000 direct and indirect jobs, while federal and state incentives could exceed $1 billion.

International Business Times

AI Is Keeping the Global Economy Afloat. The Investment Craze Is Helping Offset the Iran War.

AI spending is supporting the U.S. economy directly while creating another powerful source of demand for Asian economies that manufacture chips and other technology components.

International Business Times

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International Business Times

OpenAI Is Set To Bring Ads To One Of Its Biggest Markets

Ads will appear for users in India on the Free and lower-priced Go plans, while Plus, Pro and business subscriptions will remain ad-free.

International Business Times

Billionaires Who Turned Their Passion for Cars into Strategic Investments

Billionaires are turning their passion for collectible cars into strategic investments as the market attracts growing investor interest.

International Business Times

Sapien's Trevor Koverko Says AI Needs Better Data, Not Just More of It

Nearly four years after ChatGPT brought artificial intelligence into the mainstream, the industry is confronting a new constraint.

International Business Times

Consumer Sentiment Drops Sharply In August. It's More Than 10 Points Lower Than 2025.

The figure stood at 51.7, a roughly 6% drop compared to July, according to the University of Michigan's survey of consumers.

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International Business Times

Warsh Says Fed Could Have 'Work To Do' If Inflation Doesn't Trend Down. Chances Of a Rate Hike Increased.

Warsh said in Jackson Hole that even though recent inflation readings have been "better than expected, they do not tell me that underlying trends have meaningfully improved."

International Business Times

Warsh Says Inflation Trends Remain High Despite Recent Readings, But Stops Short Of Anticipating Moves From The Fed

"While this summer's PCE and CPI readings were better than expected, they do not tell me that underlying trends have meaningfully improved," Warsh said in Jackson Hole.

International Business Times

Big Tech Is Again Sounding the Alarm on AI. 116 Companies Unite To Issue a Warning as Threats Accelerate.

OpenAI, Anthropic, Microsoft and Advanced Micro Devices are among the companies and entities that signed the letter.

International Business Times

Anthropic Just Beat The Pentagon In Court. A Judge Said National Security Was Used To Punish Its AI Rules.

Judge Rita Lin said the government violated Anthropic's First Amendment rights and denied the company required due-process protections.

International Business Times

Vinhomes Is Redefining What ESG Means for the Cities of Tomorrow

Vinhomes is embedding ESG, regeneration and resilience into Green Paradise and Global Gate Ha Long, shaping a new model for sustainable urban development.

International Business Times

SpaceX Stock Has Suddenly Gone Quiet. Options Traders Are Betting on What Comes Next.

After a volatile public-market debut that sent shares soaring before a sharp reversal, SpaceX stock has spent roughly three weeks trading in a narrow range around $140.

International Business Times

Iranian Oil Exports Plunged Over 80% In August As U.S. Blockade Persists, Data Shows

Tehran loaded some 260,000 barrels per day so far this month, compared to 1.7 million in the same month of last year.

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