SpaceX reportedly showed investors an AI device prototype, Musk says the report is false

SpaceX showed investors a prototype of a handset-like AI device before its record IPO, according to The Wall Street Journal. The prototype is reportedly slimmer than an iPhone, runs on a proprietary o [...]

Ashton Kutcher is leaving Sound Ventures to start a new VC firm with Morgan Beller

Ashton Kutcher is leaving Sound Ventures, the firm he co-founded with Guy Oseary 11 years ago, to start a new venture capital firm with Morgan Beller, according to TechCrunch. The new firm will target [...]

Together AI raises 800 million dollars in Series C as open-source cloud demand surges

Together AI has raised 800 million dollars in a Series C round led by Aramco Ventures, valuing the company at more than eight billion dollars. The round also drew Vista Equity Partners, General Cataly [...]

Alibaba will pay 600 million dollars to settle a US probe into illegal pharmaceutical sales on its platform

Alibaba and its US digital payment processor have agreed to pay 600 million dollars to resolve a federal investigation into whether they failed to prevent the sale and importation of illegal pharmaceu [...]

OpenAI has reportedly offered Washington a 5% stake worth $42.6bn

OpenAI has proposed handing the US government a 5% equity stake in the company, according to the Financial Times, as the White House and Silicon Valley’s best-funded startup edge closer to a deal th [...]

SK Hynix will spend $51bn on a new NAND factory to catch the AI memory wave

SK Hynix will spend 80 trillion won, or roughly $51.46 billion, building a new NAND flash memory factory in Cheongju, South Korea, with production targeted to begin in the first half of 2029. Chief ex [...]

Samsung details $90bn plan for South Korea’s Chungcheong region

Samsung Group has put a number on its next decade of domestic manufacturing: 140 trillion won, or roughly $90 billion, spread across displays, memory chips, batteries and chip-packaging materials in S [...]

Google says it has passed its $1bn Africa investment target

Google has exceeded a five-year pledge to invest $1 billion in Africa, the company said on Wednesday at the first Africa Cloud Summit in Johannesburg, alongside a batch of new infrastructure and AI in [...]

Ubisoft taps ex-Amazon Games chief to run its Tom Clancy studio

Ubisoft has hired Christoph Hartmann, until recently vice president of Amazon Games, to run the division that controls its Tom Clancy properties. He takes over as general manager of Creative House 2, [...]