Octopus Energy to Spin Off Kraken Ahead of Possible IPO

    Standalone funding round values Kraken at $8.65 billion British renewable energy group Octopus Energy is preparing to spin out its artificial intelligence software arm, Kraken...

    Meta Acquires Agentic AI Startup Manus for $2 Billion

    Meta strengthens push into consumer-focused artificial intelligence Meta has agreed to acquire Manus, a Singapore-based, Chinese-founded artificial intelligence startup, in a deal reportedly valued at...

    U.S. Consumer Confidence Ends Year at New Lows

    Confidence index slides for fifth straight month U.S. consumers are closing the year in a noticeably pessimistic mood. The Conference Board reported that its consumer...