IJR News

Manus Raises $500M After China Blocks Meta Deal — 6hManus raised more than $500 million in its first funding round since Chinese regulators blocked Meta’s planned $2 billion acquisition, with Boyu Capital and IDG Capital leading the investment and existing backers also participating. The company did not disclose its valuation, though reports put it near $4 billion, as it resumes operating independently and develops AI-agent products.

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Anduril Plans $3.7B Maryland Submarine Shipyard — 1dAnduril will invest $3.7 billion in a Sparrows Point, Md., shipyard for Virginia-class sub parts and won a Navy contract worth up to $2.9 billion; operations expected in 2030.

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SpaceX Seeks $40 Billion for Nvidia Chips — 1dSpaceX seeks $40 billion in loans and investment-grade debt, led by Apollo, to buy Nvidia chips; shares fell after hours on the report.

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AirTrunk plans A$43 billion Japan data-centre expansion amid AI surge — 1dAirTrunk plans to invest up to A$43 billion (about US$30 billion) in Japan over five years, more than doubling its data-center capacity to over 1 gigawatt as demand for AI and cloud computing grows. An additional US$1 billion investment at its Inzai campus will support liquid cooling and high-density AI workloads.

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Fast Retailing Posts Record Profit, Up 32% — 5hUniqlo parent Fast Retailing posted a fifth straight record as operating profit jumped 32% to 743.1 billion yen; overseas Uniqlo business profit surged 44%.

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Most Influential Women in World HistoryYourlist — RankingFrom ancient queens who ruled empires to modern activists who changed laws, these women left indelible marks on politics, science, and culture. Vote for who you think shaped history most profoundly.

Apollo reportedly submits nonbinding bid for Uniper — 1dApollo submitted a non-binding bid for Uniper, the German utility Berlin rescued with €13.5 billion in 2022, in a deal that could value it at about €10 billion.

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AI Medical Scribes Draw $1 Billion, Adoption LagsHealth — 1dAmbient AI medical scribes drew at least $1 billion in 2025 as Abridge reached a $5.3 billion valuation, while AMA survey data show adoption still lags clinician enthusiasm.

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Energy Transfer to Acquire Vaquero Midstream for $2.6 Billion — 2dEnergy Transfer agreed to acquire Vaquero Midstream for about $2.625 billion in cash and stock, adding Delaware Basin pipelines and gas processing capacity.

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Trump, Anduril Make $6.6 Billion Bet To Fix America’s Submarine Production Crisis — 19hDefense technology company Anduril is betting billions of dollars that a massive new Maryland shipyard can help break one of the Navy’s most persistent submarine-production bottlenecks.

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Vinci Raises $250 Million at $1.5B ValuationBusiness — 2dVinci4D closed a $250 million Series B at a $1.5 billion valuation for AI physics simulation it says can run analyses up to 15 billion degrees of freedom in minutes.

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DeepSeek Reportedly Nears $12 Billion in Tencent-Backed Funding Round — 2dDeepSeek is nearing a funding round of at least 80 billion yuan—well above its original target—with Tencent and CATL among the major investors; the total could approach 100 billion yuan. The financing is expected to support the AI company’s growth ahead of a planned 2027 IPO.

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Dana Whitfield This funding round at nearly 100 billion yuan feels like a bet on DeepSeek's long-term edge. Still, hitting those IPO targets will depend on actual model performance, not just capital.

New York Pizza vs Chicago Deep DishYourlist — VS BattleThe foldable slice versus the fork-and-knife casserole — America's longest-running food fight.

Moonshot Eyes Hong Kong IPO at $50B Valuation — 2dMoonshot AI’s annual recurring revenue climbed from $300 million in June to about $1 billion as it eyes a Hong Kong IPO after a $50 billion valuation.

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Sam Okafor Moonshot's $50B valuation looks risky with China's AI rules tightening, might be better to wait for clearer signals.

North Korea Rejects Seoul Medical Aid as ProvocationWorld — 9hKim Yo Jong branded Seoul's 9.3 billion won UN-exempted medical shipment "part 2 of the mine explosion case" and said the North has nothing to give or receive from the ROK.

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Revolut Becomes Europe’s $115 Billion Startup — 4dRevolut hit a $115 billion private valuation, above Barclays and Société Générale, with £1.7 billion pretax profit and 80 million customers as it challenges Europe’s banks.

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Priya Raman With 80 million customers Revolut is forcing traditional banks to improve their apps and fees or lose ground.

Qualcomm, Arm Set for Billion-Dollar Royalty Trial — 3dQualcomm seeks to suspend Arm royalties for up to five years, potentially worth billions, as a Delaware jury trial began Oct. 5, 2026.

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Dana Whitfield Suspending five years of royalties feels excessive even if Arm did leak something about Meta.

Can you actually read a map?Quizie — QuizFifteen world-geography questions. Most people miss at least three — the AI grades you and names your traveler rank.

Paramount Closes $81 Billion Warner Bros. Acquisition After Democratic AG Settlement — 1dParamount completed its $81 billion acquisition of Warner Bros. Discovery on Tuesday, combining some of Hollywood’s most recognizable studios, television networks and streaming services under a new company called Skydance.

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Dana Whitfield The AG settlement cleared the way but these giant combinations always end up cutting jobs at the networks.

South Korea posts second-highest $46.11B current-account surplusFinance — 13hSouth Korea posted a $46.11 billion August current account surplus, second-highest on record, as semiconductor prices rose over 100% and volumes nearly 10%.

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Imperial Brands Continues £1.45bn Share BuybackFinance — 3dImperial Brands completed its £1.45 billion share-buyback program in October 2026, repurchasing more than 50 million shares for cancellation. The company has also announced a new buyback tranche of up to £750 million as part of a plan to repurchase up to £1.5 billion by 2027, alongside its ongoing dividend policy.

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Hungary Plans 1% Wealth Tax Above $3.1 Million — 1dHungary’s government has proposed an annual wealth tax starting in 2027: 1% on assets above 1 billion forints and 1.5% on wealth above 100 billion forints. The levy would cover assets at home and abroad, with debts deductible, and is intended to fulfill a campaign pledge as the government addresses a large budget deficit; the proposal will undergo public consultation.

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Longtime US Ally South Korea Bends Knee To The Green Altar — 16hLongtime U.S. ally South Korea is putting green energy on a $747 billion pedestal.

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AkzoNobel agrees $1.35 billion Asia sale to Nippon — 3dAkzoNobel agreed Oct. 5 to sell decorative paints in seven Asian countries to Nippon Paint for $1.35 billion enterprise value, a 21x EBITDA multiple.

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Maya Lindstrom Nippon is paying top dollar for those seven markets, but AkzoNobel may regret losing that regional footprint later.

Wolfspeed Receives Conditional $1.5B Loan Commitment — 16hThe U.S. Department of War conditionally committed up to $1.5 billion in 30-year financing to Wolfspeed to expand domestic production of silicon carbide and gallium nitride semiconductors for defense and other strategic uses. The loan still depends on further review, and Wolfspeed shares rose sharply after the announcement.

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Bahnsen Group plans $1.1B Naples acquisitionBusiness — 1dThe Bahnsen Group is bringing Hightower Naples, a $1.1 billion wealth management practice led by David Emma and Mark Masterson, under its brand in a deal expected to close at year-end 2026. The move is the first Hightower practice to join the Bahnsen flagship franchise, adding a second Florida office and lifting the group’s assets to about $11.6 billion.

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Cenovus to Acquire Athabasca Oil in C$5.7 Billion Deal — 3dCenovus agreed to buy Athabasca Oil in a C$5.7 billion cash-and-stock deal, adding about 45,000 barrels a day and long-life Alberta oilsands reserves, with a December 2026 close eyed.

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Dana Whitfield Increased thermal production from this merger could help the companies compete better.