Snap lost a 400 million dollar AI deal, 20 million dollars a month to the Iran war, and 24 per cent of its stock price. The AR glasses had better work.

Snap reported first-quarter earnings on Tuesday that should have been unremarkable: revenue up 12 per cent to 1.53 billion dollars, adjusted EBITDA more than doubled to 233 million dollars, free cash [...]

Skyroot becomes India’s first space-tech unicorn ahead of June Vikram-1 launch

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 [...]

Can we tax the robots?

If AI replaces workers, who carries the social contract? [...]

Quantum Motion lands $160m in EU’s first major late-stage commitment

The London company building silicon-CMOS spin qubits has been one of the cleaner technical credentials in European quantum hardware. The choice of investee for the EU’s first major late-stage ventur [...]

Meta acquires Moltbook but is our data safe?

Meta's acquisition of AI-agent social network Moltbook raises fresh data privacy concerns for billions of users. [...]

Generative AI turns identity theft into an industrial-scale operation

A Bloomberg investigation shows how generative AI and autonomous agents are supercharging identity theft in the US, from social security number lookups on the darknet to deepfake driver's license [...]

I'm a devoted iPhone user but Android 17 is tempting me with its new video and social features

Android 17 just made it easier to switch from an iPhone or exist alongside a group of iOS users with new features and capabilities. [...]

Perceptron Mk1 shocks with highly performant video analysis AI model 80-90% cheaper than Anthropic, OpenAI & Google

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 [...]

Mythos goes to Tokyo: Japanese banks to get Anthropic’s vulnerability-hunting AI

MUFG, Mizuho, and SMFG would be the first Japanese institutions added to Anthropic’s restricted Project Glasswing rollout, a source familiar with the matter told Reuters Japan’s three megabanks ar [...]