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Hadrian raises $260M to build out automated factories for space and defense parts

Investors are continuing to rally behind the call to reindustrialize American industry, this time by building out a $260 million war chest for automated manufacturing startup Hadrian to scale its factory footprint and make even more machine parts. Hadrian’s aim is to modernize American manufacturing by leveraging advance automation to deliver mass-produced parts for aerospace...
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WTO | 2025 Press Releases – UK gives CHF 850,000 to boost developing economies’ capacity to negotiate trade deals

Over the past 10 years, the Global Trust Fund has covered on average 50 per cent of the costs allocated to trade-related training activities designed for government officials from developing economies. Services, agriculture and trade facilitation are among the broad range of areas covered. The UK Ambassador to the WTO, Simon Manley, said: “The UK...
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OpenAI priced GPT-5 so low, it may spark a price war

OpenAI astounded the tech industry for the second time this week by launching its newest flagship model, GPT-5, just days after releasing two new freely available models under an open source license. OpenAI CEO Sam Altman went so far as to call GPT-5 “the best model in the world.” That may be pride or hyperbole,...

WTO | 2025 News items

A surge of imports in the United States in the first quarter ahead of widely anticipated tariff hikes contributed to the upward revision to the forecast for 2025 issued in the April Global Trade Outlook and Statistics report. Increased tariffs—including those that took effect this week—will dampen trade in the second half of 2025 and...

Meta acquires AI audio startup WaveForms

Meta has acquired AI voice startup WaveForms for an undisclosed sum, The Information reports. It’s the company’s latest buy to strengthen its new AI unit, Superintelligence Labs, and Meta’s second major AI audio acquisition in the last month after it bought PlayAI.  WaveForms, founded just eight months ago, raised $40 million from Andreessen Horowitz in...

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