Corporate filings show the closures, Reuters reported in an exclusive. The revenue figure is the one that explains the rest. China accounted for 1.5% of global revenue as of 2024. Microsoft has no current plan to exit. It has simply stopped growing the…
The firm calls the deal Project Mercury, Bloomberg reported, citing people familiar with it. It gathers assets from two Lightspeed funds, Select V and Opportunity II, plus a separately managed account. OpenAI is the anchor. Coller Capital is the lead b…
Representatives of Meta, TikTok, Google and Snap give evidence to an Australian parliamentary inquiry on Friday, Reuters reported. Regulators and government officials appear too. Meta went first, and it went alone. On Wednesday it published its enforce…
Ukraine intelligence claims that Russia’s latest S-71 ‘Monochrome’ cruise missiles use Nvidia’s Jetson Orin NX modules with AI capabilities, allegedly for terminal guidance.
A 17-year-old in Massachusetts has been charged with murdering his mother and younger brother, and prosecutors say that in the period before the deaths he had used ChatGPT to explore what they described as fantasy scenarios about killing his family. It…
The artificial-intelligence weather boom has a dirty secret. For all the talk of models that see storms days ahead, an AI forecaster is only as good as the observations that feed it, and lately those have run thin. According to Bloomberg, drones are no…
Writer, the enterprise AI company, has launched Palmyra X6, its new flagship model, alongside an upgraded “harness” built to do something the industry has been curiously reluctant to promise: spend fewer tokens. The model is a post-training variation o…
Databricks has closed a $5bn round at a $190bn valuation, led by Coatue, with revenue run-rate past $7bn and growth above 80% year on year. That is a 42% valuation increase in six months, and it comes after chief executive Ali Ghodsi called 2026 a bad …
Google has released Gemini 3.7 Flash with sharp gains on coding benchmarks and introductory pricing of $0.75 per million input tokens. Gemini 3.5 Pro remains months behind schedule, and Google will not say whether it is still coming. Google has release…
Volvo is launching Safety Coach, an optional app that scores braking, acceleration and cornering, with high scorers offered cheaper usage-based insurance through Volvia. It starts in Sweden and Norway this month, with the United States and other Europe…