Swedish vibe-coding startup Lovable has raised $400m in new funding, at a $13.3bn valuation, more than double its valuation at its last funding round, in a round which was co-led by Europe’s new €5bn …
Foxconn crossed a line this quarter that it will not cross back. Its cloud and networking division, the one that builds AI servers, made up 51% of revenue in the three months to June. That is the first time the segment has passed half. Smart consumer e…
Lovable is worth $13.3bn and its revenue is tripling. The interesting name on the cheque is the European Union. Lovable has raised $400m at a $13.3bn valuation. The Stockholm company lets people build software by describing it in ordinary language, and…
Bookstores in Europe receive massive online purchases for obscure titles that haven’t seen interest in years. They fear that these orders were made by AI firms looking to find more data to train their LLMs.
SpaceXAI has launched Grok Bot in beta, AI agents that sign into apps and websites, retain context between tasks and coordinate with each other. Access is limited at first to SuperGrok Heavy, Cursor Ultra and Cursor Teams Premium subscribers, with an e…
Sonos chief executive Tom Conrad says model quality will converge and the advantage will sit with hardware that already knows a home. An FCC filing names the first product of that push, the Ace Ultra headphones, expected at a September launch event. So…
Target has named Lowe’s executive Chandhu Nair as its first chief AI officer, starting August 24. IBM research puts the share of organisations with a chief AI officer at 76% this year, up from 26% in 2025. Target has appointed its first chief AI office…
Nvidia said on Monday it would partner with six of the largest names in private capital to finance AI infrastructure through vehicles worth more than $500 billion. Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR are all in. The compa…
Fei-Fei Li thinks schools are worrying about the wrong thing. The danger of AI in classrooms is not that students will use it to cheat, she argues, but that it will strip away their reason to learn at all. She made the case on the science podcast Huber…
Activist investor Anson Funds is pressing Lionsgate to redefine itself for the AI era or put itself up for sale, according to a July letter to the board reviewed by Semafor. The argument turns on how the market reads a film library. “The rise of genera…