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Archer Aviation Inc. and Boeing announced the definitive agreement. According to the deal, Archer will acquire three Boeing-owned companies, including Wisk Aero, SkyGrid, and Insitu, to become much bigger in AI, autonomous aircraft, drones and defense technology.

Archer Aviation Inc. and Boeing announced the definitive agreement. According to the deal, Archer will acquire three Boeing-owned companies, including Wisk Aero, SkyGrid, and Insitu, to become much bigger in AI, autonomous aircraft, drones and defense technology.

Sydney’s agricultural technology company, Farmbot, raises $22 million in new investment, called a Series B funding round. The investors are providing opportunities for the company to scale and grow.

Meta announced the appointment of Nikhil Kant to its consumer marketing team. He joins Meta from Flix, where he served as India Team Lead, Marketing and Sales, and was responsible for brand, social media, content, sales, and online and offline distribution.

Morgan Stanley has launched a major program called the US Innovation Infrastructure Initiative. This ambitious project aims to direct approximately $1.5 trillion into capital raising, financing, investing, and advisory activities over the next ten years.

The US Department of Health and Human Services (HHS), led by Secretary Robert F. Kennedy Jr., announced two major food policy changes on 11 August.

Dream Finders Homes, a US-based homebuilding company, is spending around $2.2 billion to buy another homebuilding company, Beazer Homes.

Lumilens, a two-year-old startup company based in San Jose, California, has raised more than $700 million in its latest funding round at a $ 5.5 billion valuation.

McDonald’s announces the appointment of Skye Anderson as its new President of the USA business. With more than 26 years of experience at McDonald’s, she brings deep operational discipline and strong financial judgment to her new role.

The United States government has decided to stop using AI technology developed by Anthropic, an AI research company.