Chai Discovery raises $400M at $3.8bn as AI drug discovery moves from promise to deployment

Chai Discovery’s $400m raise triples its value to $3.8bn in seven months. It is the latest sign that AI drug discovery has moved from promise to deployment. AI drug discovery just minted another fas [...]

MiniMax eyes a Shanghai listing after a 400% run in Hong Kong

MiniMax went public in Hong Kong less than five months ago. Its shares have since roughly quadrupled. Now the Chinese AI startup wants to do it again, closer to home. In a filing to the Hong Kong stoc [...]

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 [...]

BP, Walmart and 7-Eleven sued over AI-set petrol prices in California

A group of California drivers has sued six of the country’s biggest fuel retailers, accusing them of using an artificial-intelligence pricing tool to coordinate the cost of petrol and keep it artifi [...]

Paris preventive-health startup Lucis raises $20M Series A four months after seed

Paris-based Lucis, a preventive-health platform that pairs blood biomarker testing with an AI-driven companion app, has raised a $20m Series A led by Singular, with participation from General Cataly [...]

The Pentagon published 162 UFO files on war.gov/ufo. Two-thirds are redacted. The government says it is being transparent.

The Department of War launched a website on Friday called war.gov/ufo. It contains 162 files, including photographs from the Apollo 17 mission that NASA cannot explain, infrared videos of objects the [...]

A California city just approved $3.15 million in police drones that respond to 911 calls in 30 seconds

Stockton, California, has approved a $3.15 million investment in police drones that can respond to 911 calls in as little as 30 seconds. The city council voted 7-0 to expand its contract with Flock Sa [...]

‘It’s literally the gulag’: inside the revolt at Meta’s AI unit, where elite engineers were drafted to label data

It takes a particular kind of dysfunction for an employee to hijack a company-wide livestream and demand the hosts pass a message to a senior executive: that he is, in not so many words, garbage. That [...]

Hugging Face built a $4.5 billion empire on free AI models. Now Nvidia is buying it for $12.9 billion

Thomas Wolf has spent a decade convincing the world that open-source AI is not a charity project. On August 27, 2026, the market settled the argument. Nvidia agreed to buy Hugging Face, the company fa [...]