The dollar edged lower as investors weighed uncertainty surrounding the US-Israeli war with Iran, while shifting expectations for global interest rates and rising oil price volatility continued to drive currency market movements.
Armadin, an AI cybersecurity startup founded by Mandiant creator Kevin Mandia, has raised $189.9 million in seed and Series A funding. The company is developing autonomous AI agents that test digital systems for vulnerabilities and simulate cyberattacks. The investment reflects rising demand for automated cybersecurity tools as organizations face increasingly complex and AI-driven cyber threats worldwide.
A whistleblower complaint alleges that a Department of Government Efficiency staff member copied sensitive Social Security data from restricted Social Security Administration databases onto a thumb drive. The records reportedly came from the Numident database and the Master Death File, which together contain hundreds of millions of identity records. Lawmakers have called for an investigation into how the data systems were accessed and handled.
Meta has acquired Moltbook, a social network designed exclusively for autonomous AI agents. Co-founders Matt Schlicht and Ben Parr will join Meta’s Superintelligence Labs on March 16. Moltbook allows AI agents to post, comment, and interact independently, reflecting the growing global trend of autonomous AI platforms across North America, Europe, and Asia.
Anthropic will open a Sydney office to expand its artificial intelligence operations across Australia and New Zealand. The move follows growing regional adoption of the company’s Claude AI models used by businesses and research organisations. Australia ranks among the highest global users of Claude relative to population. The Sydney hub will support enterprise customers and strengthen partnerships with technology companies and institutions.
Amazon has launched a 90-day safety reset after a string of outages hit its shopping platform and cost millions of orders. On March 2 the company’s own AI coding tool Q helped trigger an incident that lost 120,000 orders. Three days later a separate outage caused a 99% drop in orders and wiped out 6.3 million sales. Amazon is now requiring two-person sign-offs on all code changes across its 335 most important internal systems. The company is also building longer term fixes that combine rule-based and AI-driven safety tools to prevent the same thing from happening again
Anduril Industries has signed a deal to buy ExoAnalytic Solutions, a company that runs more than 400 telescopes around the world watching satellites, missiles, and objects in deep space. The acquisition doubles Anduril’s space team and is its first deal under its space business unit. The move is widely seen as a push to win a bigger role in Trump’s Golden Dome missile defense project, which aims to build a space-based shield against ballistic, cruise, and hypersonic missiles. Financial terms were not disclosed and the deal still needs regulatory approval.
President Trump announced the first new US oil refinery built in America in 50 years, set for the Port of Brownsville in South Texas. India’s Reliance Industries, run by billionaire Mukesh Ambani, is backing the project. The refinery is designed to process American light shale oil from the Permian Basin under a 20-year deal covering 1.2 billion barrels. The total deal is valued at $300 billion over its lifetime. Construction is expected to begin in the second quarter of 2026 as Trump pushes his America First energy agenda forward.
Volkswagen reported a sharp drop in operating profit as tariffs, weakening sales in China and mounting competitive pressure weighed on the carmaker, while the company warned that margins may recover only modestly in the coming years.
Amazon is planning a major Amazon bond sale worth between $37 billion and $42 billion as it increases spending on artificial intelligence infrastructure and cloud computing capacity. The multi-tranche offering, which includes both U.S. dollar and euro-denominated bonds, has already drawn strong investor demand. The fundraising reflects a broader technology industry trend of raising debt to finance large-scale AI data center expansion.
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