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The Latest Breaking News from 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 · Aug 28

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 · Aug 28

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 · Aug 28

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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 · Aug 28

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 · Aug 28

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.

International Business Times · Aug 28

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 · Aug 28

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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 · Aug 28

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 · Aug 28

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 · Aug 28

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 · Aug 28

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 · Aug 28

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.

International Business Times · Aug 28

Iran Says Returning To Diplomacy With The U.S. 'Isn't Impossible.' Trump Says He's Not Interested.

"We ‌don't want to speak to them. We're not looking to meet or anything," Trump said.

International Business Times · Aug 28

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International Business Times · Aug 28

The U.S.-Iran War Hit The Six Month Mark. Russia Believes Washington Has Been Weakened By The Conflict.

Different reports have claimed that the U.S. is experiencing severe shortages of equipment and ammunition as a result of its operations against Tehran, particularly in the Strait of Hormuz.

International Business Times · Aug 28

NATO Countries Believe Russia Could Attack Them. Trump Is Not Concerned.

"There is no problem," Trump said about the possibility.

International Business Times · Aug 28

The Ultra-Rich Are Putting More Money Into Stocks. AI Giants Are Among Their Favorite Bets.

Microsoft was the most widely owned stock, while private-market allocations fell as private credit, venture capital and real estate funds recorded markdowns.

International Business Times · Aug 28

Trump's Portfolio Traded Stocks as The Iran War Reshaped Markets. New Disclosure Details More Than 1,000 Transactions.

Among the most notable transactions were trades involving energy companies whose share prices can be affected by developments in the Iran war.

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International Business Times · Aug 28

Nvidia Could Follow Apple's Path. Dividends Could Fuel Its Next Stock Rally.

Nvidia could increasingly use dividends and stock buybacks to support its valuation, following the playbook that helped Apple shares command a higher price-to-earnings multiple.

International Business Times · Aug 27

Russian Hackers Used SpaceX's AI Coding Assistant To Conduct Attacks: Report

Gambit Security detailed the attacks in a recently released report.

International Business Times · Aug 27

A Grandy Jury Found Florida Misappropriated Funds Sent To Charity. It Was Run By The Governor's Wife.

The grand jury found that $10 million from a Medicaid settlement in Florida was misappropriated and possibly used for political purposes.

International Business Times · Aug 27

AI Was Supposed to Eliminate Human Bias. It Is Amplifying It Instead, Harvard Professor Warns

Mahzarin Banaji said artificial intelligence is reproducing human prejudices, favouring its own creators and offering gender-stereotyped career and salary advice.

International Business Times · Aug 27

How AI Bias is Impacting Nearly Every Sector of Industry

Numerous recent studies show that companies' bias is affecting sectors significantly across the board.

International Business Times · Aug 27

Nvidia's Earnings Buoyed The Broader Markets. All Indexes Climbed.

The markets now turn their attention to Fed chair Kevin Warsh's address in Jackson Hole on Friday.

International Business Times · Aug 27

The Trump Admin. Has a Cozy Relation With Venezuela's Interim Govt. It's Reportedly Closing In On Its Oil Reserves.

The deal would more than double the U.S.'s oil reserves.

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