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School Dropout's AI Startup Hits $3.3B Valuation in Nine Years: Founder Turns Billionaire at Just 25
British AI chip innovator Olix raised $312M in Series B, valuing the company at $3.3B (£2.5B). Founder James Dacombe's stake is worth £946M as they prepare to launch their groundbreaking chip in 2027.
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PERSONAL FINANCE
BUSINESS
PERSONAL FINANCE

'My Bloodline Will Die With Me': Woman Says Three Layoffs Ended Her Dream of Having Children
A millennial woman shares her decision to forego parenthood due to financial struggles, job instability, and caregiving responsibilities, reflecting broader challenges faced by many in her generation.
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BUSINESS

Nvidia Taps Wall Street for $500B AI Bet: Stock Falls as Investors Question Demand
Nvidia partners with top asset managers to mobilise $500 billion for AI infrastructure, but investor concerns over circular financing impact stock performance.

IBTimes Mags
Colombia's New President Faces First Crisis as 7.4-Magnitude Earthquake Kills 111
Colombia's new president, Abelardo de la Espriella, faces a major crisis after a 7.4-magnitude earthquake devastates the Pacific region, killing 111 and leaving thousands missing. Rescue efforts are ongoing.
France Imposes Water Restrictions Across 70% of Country as Europe's Drought Crisis Deepens
France imposes water restrictions as a severe drought affects 70% of the country, revealing Nazi shipwrecks in the Danube due to record low water levels amidst a European heatwave.
Trump Says the Strait of Hormuz Is Open, but Ship Data Shows Why Your Fuel Price Is Not Falling Yet
Trump says the Strait of Hormuz is open, but ship-tracking data shows only single-digit daily transits versus 130 before the war, keeping US fuel prices from falling.
Zuckerberg Says Meta Will Give Billions a 24/7 Personal Superintelligence, Lays Out AI Vision in Lengthy Essay
Mark Zuckerberg outlines Meta's plan to provide personal AI agents, aiming to democratise superintelligence and empower individuals with advanced AI tools for personal and professional growth.
Iranian Adviser Tells Tehran to Play the Long Game and Outlast Trump Until 2029
An Iranian adviser suggests Tehran should avoid both war and deals with Trump, advocating for strategic patience until his presidency ends in 2029, while denying direct US talks.





