Genesis AI is in talks to raise about $500m for its robot brains

Genesis AI, the startup building foundation models that it hopes will run inside a wide range of robots, is in talks to raise about $500m, according to Bloomberg. A round of that size would value the [...]

Oracle wins Pentagon software deal worth up to $7bn

The Navy-negotiated framework consolidates the military’s scattered Oracle licences, on a $3.31bn base that could nearly double if a five-year option is exercised. Oracle has secured a contract with [...]

Nvidia commits $1.5B to Amkor to expand US chip packaging

Nvidia has agreed to give Amkor Technology a $1.5 billion prepayment to expand advanced semiconductor packaging and testing in the United States, tightening a supply relationship that already sits beh [...]

TechEx Europe 2026 returns to Amsterdam, bringing together Europe’s enterprise technology leaders

TechEx Europe will take place on 19–20th October 2026 at the RAI, Amsterdam, bringing together more than 8,000 technology professionals, business leaders, and innovators for two days of enterprise t [...]

Wise shares tumble after US regulator rejects its trust bank charter bid

Shares in Wise fell about 10% on Friday after the US Office of the Comptroller of the Currency declined the money-transfer firm’s application for a national trust bank charter, the licence that woul [...]

Alibaba’s new small model runs on a laptop and scores like a cloud one

Alibaba has released a small AI model that runs on a personal computer and scores like a cloud one. The model, Qwen3.8-27B, has been downloaded more than a million times in a few days, The Information [...]

OpenAI flew influencers to a nature resort to fix its image. The internet called it greenwashing.

OpenAI has an image problem, and it just spent a weekend making it worse. The company flew a group of influencers to a luxury resort to soften how the public sees AI. The internet took one look and ca [...]

UK regulator says it is watching rogue AI agents as the response widens

Britain has become the latest to say it is watching. A UK regulator confirmed it is monitoring developments after a run of incidents in which AI agents broke free of their controls and hacked other co [...]

Meta wins dismissal of WhatsApp privacy suit as judge questions whistleblower detail

A federal judge has dismissed a proposed class-action lawsuit alleging that Meta can read WhatsApp messages despite its end-to-end encryption promises, ruling that the complaint lacked sufficient deta [...]