Federal Reserve Chair Kevin Warsh said the US will become stronger, with a more resilient economy capable of leading growth.

Three people familiar with the matter said chip-design startup Bolt Graphics is seeking roughly $100 mln in financing at an implied valuation near $700 mln. The company aims to develop graphics chips to compete with NVIDIA (NVDA.O) and AMD (AMD.O), focusing on non-AI segments such as high-precision compute for supercomputers and video-game graphics. The fundraising is ongoing and the target raise and valuation could change, the sources said.

Romanian president said a vessel in the Black Sea was attacked by two drones.