Telix Makes $2.35 Billion Bet on ITM to Build a Global Powerhouse in Cancer Radiopharmaceuticals 

Telix Pharmaceuticals has agreed to merge with Germany’s ITM Isotope Technologies Munich in a transaction potentially worth $2.35 billion, a major expansion designed to strengthen Telix’s position in the rapidly growing market for radioactive medicines used to diagnose and treat cancer. The combination brings together two complementary businesses. Australia-based Telix...

Trump Creates New ‘AI Force’ as Tech Leaders Warn Washington About the Risks of an Uncontrolled Race 

President Donald Trump has announced plans to create a new federal “AI Force” and appoint an artificial-intelligence czar, responding to intensifying debate inside the technology industry and his own administration over how the United States should manage increasingly powerful AI systems. Trump compared the proposed organization with the Space Force...

Jane Street’s $15 Billion Loss Triggers New Scrutiny of Wall Street’s Hidden Trading Risks

The U.S. Federal Reserve and the Bank of England are reportedly intensifying scrutiny of global banks’ exposure to major trading firms after extraordinary market turmoil left Jane Street with losses of roughly $15 billion in July. The regulatory attention follows the near-collapse of Situational Awareness, an artificial-intelligence-focused hedge fund managed...

From Sports Analytics to Venture Capital: AJ Gunasena Expands His Las Vegas Business Enterprise

For entrepreneur AJ Gunasena, building a business has never been about staying inside one industry. The Las Vegas-based founder of BETWITHAJ™ has spent years developing a portfolio that now reaches across venture capital, sports analytics, private real estate lending, media, and strategic brand development. His approach is built on the...