Jet.AI announced June 15, 2026, as the record date for stockholders to receive shares of its SpinCo in connection with a proposed merger with flyExclusive. Eligible Jet.AI shareholders will get SpinCo shares that convert into flyExclusive Class A common stock upon merger completion, pending stockholder approval and closing conditions. The deal aims to let Jet.AI focus on AI infrastructure while giving shareholders exposure to both AI and private aviation businesses. A special meeting to vote on the transaction is scheduled for June 11, 2026, with proxy voting encouraged.
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...
Alibaba and Baidu shares rose after Apple received approval from China's Cyberspace Administration to include Apple Intelligence, integrating Alibaba's Qwen AI model and Baidu's AI features into Apple devices in China. This partnership allows users t...
Ondo Finance has introduced the first tokenized stock representations backed by DTCC tokenized entitlements, joining major financial firms in a significant tokenization initiative. This move highlights Ondo's unique position in building infrastructur...
