The deal is Amazon’s second consecutive mega-round with a frontier AI lab, following a near-identical $50 billion investment in OpenAI two months ago. Anthropic’s annualised revenue has reached $3 [...]
In summary: Meta has hired five founding members of Thinking Machines Lab, the AI startup built by former OpenAI CTO Mira Murati, after she rejected a reported $1 billion acquisition offer. The most e [...]
Summary: John Ternus, Apple’s incoming CEO effective 1 September, is a 50-year-old mechanical engineer who reversed a period of declining product quality, personally lobbied for the creation of iPad [...]
The Hefei-based company, which has delivered 6,400 intelligent electric heavy-duty trucks in China and is targeting a Hong Kong stock market listing, has attracted an Australian superannuation fund am [...]
AI that can see and understand what's happening in a video — especially a live feed — is understandably an attractive product to lots of enterprises and organizations. Beyond acting as a secu [...]
GIC and BlackRock-managed funds anchor a fresh round that more than doubles the company’s 2023 valuation. The round is timed to the planned orbital launch of Vikram-1 from Sriharikota, the first pri [...]
The United States imposed 100% tariffs on Chinese electric vehicles to keep them out of the American market. TikTok and YouTube are making that strategy irrelevant. A survey of 9,000 potential EV buye [...]