Anthropic planned a $7bn takeover of chip startup MatX, then walked away
Anthropic got far enough into a plan to buy the AI chip startup MatX to have a number attached to it, roughly $7bn, before the deal stopped moving. Reuters reported the talks on Thursday, citing peo [...]
US moves to close the loophole letting Nvidia’s top chips reach Chinese firms abroad
New Commerce Department guidance ties export-licence rules to where a company is headquartered, not where it sits, snaring the overseas units of Chinese AI firms. For about a year, there was a way aro [...]
Quant fund Qube is hiring human stock pickers to sit beside its algorithms
Qube Research & Technologies, one of London’s largest quantitative hedge funds, is doing something that would once have looked heretical for a firm built on code: it is hiring humans to pick st [...]
Vinted Ventures backs Tilt’s $26M live-commerce round as Whatnot pressure mounts
Tilt’s $26M raise, the first Vinted Ventures cheque into a live-commerce platform, looks like a defensive move against the Whatnot expansion threatening Vinted’s European resale base. Tilt, the Lo [...]
China is drafting a $295bn plan to build AI data centres, and to lock Nvidia out of them
China wants to win the AI race on its own hardware. A new plan shows just how much it is willing to spend, and how far it will go to cut American chips out of the picture. Beijing is drafting a bluepr [...]
Amazon moves Prime Day back to June and keeps it a four-day event
Amazon has decided its big summer sale should arrive a little sooner. Prime Day 2026 will run from June 23 to 26, the company confirmed, starting at 12:01am Pacific time on the first day and keeping t [...]
Meta killed its Muse Image AI feature three days after launch. Hollywood had had enough.
Meta has pulled its Muse Image AI feature from Instagram and the Meta AI app just three days after launch, saying the tool “missed the mark” on user privacy. The model, the first image generator [...]