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Gold Hits Above $4,500 an Ounce for the First Time in History

Gold climbed above $4,500 an ounce for the first time in history on Wednesday, driven by escalating geopolitical tensions in Venezuela and expectations of further U.S. interest rate cuts.

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Dazzle Raises $8 Million Seed Round

While Mayer is not yet sharing specifics about Dazzle’s functionality, she has revealed that the new company has raised an $8 million seed round at a $35 million valuation.

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US to Start Garnishing Wages of Student Loan Borrowers in Default

The Trump administration will start garnishing the wages of student loan borrowers in default in early January, a spokesperson for the U.S. Department of Education confirmed to CNBC on Tuesday.

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Nvidia Acquiring Assets from Chip Startup Groq

Groq said in a blog post on Wednesday that it's "entered into a non-exclusive licensing agreement with Nvidia for Groq's inference technology," without disclosing a price.

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Algerian Parliament Declares France's Colonisation a Crime

France's President Emmanuel Macron has previously acknowledged the colonisation of Algeria was a "crime against humanity" but has not offered an apology.

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Deeptech Startup Naxatra Labs Closes $3 Million Pre-Series A Funding Round

Deeptech startup Naxatra Labs has raised $3 million in a pre-Series A funding round led by Rainmatter, with participation from a group of founders, operators, and angel investors.

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