Going ‘AI first’ appears to be backfiring on Klarna and Duolingo

Klarna is hiring again after replacing employees with AI. Meanwhile, Duolingo is facing blowback on social media from its AI-first strategy. [...]

GM’s Q2 sales fell four percent as EV demand dropped and Toyota closed in

General Motors’ second-quarter US sales fell just over four percent as demand for its all-electric vehicles and Chevrolet Silverado pickup trucks declined year over year. The Detroit automaker repor [...]

Meta is committing additional funding to keep its Oversight Board running through 2028

The social media company will add to the board's irrevocable trust, though the exact amount has not been disclosed [...]

Barcelona’s THEKER raises €73M to deploy AI-native factory robots that learn on the job

THEKER, the Barcelona-based AI robotics company, has raised €73 million ($85 million) in a Series A to scale its generalist factory robots across industrial production environments. The round was le [...]

TikTok is in Trouble with the European Commission Again. Here's the Latest and What it Means for You

TikTok hasn't published a list of its advertisers, a requirement that lets users spot scam advertisements. [...]

MiniMax is building China’s biggest AI model yet, and plans to open-source it

MiniMax plans its biggest model yet, a 2.7-trillion-parameter system it intends to open-source, The Information reports. It would be the largest Chinese model on the market, and another squeeze on US [...]

Ilya Sutskever discloses $7bn OpenAI stake during Musk-OpenAI litigation

The former OpenAI chief scientist, who now runs Safe Superintelligence, gave the figure under oath. It places him among the largest individual shareholders in the company. Ilya Sutskever, the former c [...]

The best streaming deals: Get 50 percent off MasterClass subscriptions, plus save on Starz, Audible, Crunchyroll and others

Whether you’re a true cord-cutter or you just want to watch the next season of Stranger Things when it drops, everyone’s on the lookout for streaming deals nowadays. Plenty have chosen VOD and liv [...]

Schneider Electric buys industrial-AI firm Cognite for $3.1bn

Schneider Electric is buying Cognite, a Norwegian-founded industrial AI company, for $3.1bn in cash. The French group wants software that can make factories and power grids think for themselves. Schne [...]