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Real-time News
On July 9th, at a press conference following the NATO summit on July 8th, US President Trump was asked why he had praised Iranian leaders last month as very rational, tough, intelligent, and easy to deal with, but now accused them of being distorted and pathological. Trump responded that it was because he "saw through Iran" and was "unsure whether to reach a deal with them." In answering a reporters question, Trump also claimed to be "number one on Irans assassination list." Trump further stated that he "does not believe there will be a large-scale, protracted war between the US and Iran" and that the conflict would "end quickly."1. Two Russian oil tankers were damaged in a drone attack. 2. The commander of the Ukrainian drone force in Kyiv stated that Ukrainian drones struck nine oil tankers belonging to Russias "shadow fleet" in the Sea of Azov last night. 3. South Korean officials: South Korea will provide $100 million in aid to Ukraine. 4. NATO announced several arms purchase and defense investment plans totaling tens of billions of dollars during the organizations summit, involving the development of counter-drone capabilities and drone procurement. 5. NATO summit statement: NATO allies pledged €70 billion in support for Ukraine by 2026. 6. US President Trump: Will work with Zelensky to explore what assistance can be provided to the country.US President Trump: (Regarding NATO) They had the opportunity to help us on Iran, but they chose to stand by. But we seem to have forgotten about it. Now, they are all eager to offer assistance on Iran.July 9th - According to foreign media reports, sources familiar with the matter revealed that AI chip startup Positron is in talks for a two-stage funding round, aiming to raise approximately $750 million. Positron focuses on developing high-efficiency inference chips for running AI models and is one of many companies seeking to challenge Nvidias dominance. The first stage of this funding round is expected to value the company at $3.5 billion, and the second stage could value it at approximately $5 billion. If the funding round is successfully completed, the companys valuation will more than triple in just five months. Positron has a large investor base, including Valor Equity Partners, Atreides Management, and DFJ Growth, as well as Arm and the Qatar Investment Authority.The UKs three-month RICS house price index for June was -33, compared to a forecast of -30 and a revised previous reading of -34 (from -35.00).
