Adani and Jabil are teaming up to make AI hardware in India. The Adani Group, India’s infrastructure-and-energy conglomerate, and Jabil, the US contract manufacturer, said on Monday they intend to form a strategic alliance to build a vertically integra…
Monday.com is becoming an investor. The Israeli work-management company has launched Monday Ventures, a corporate fund that will put up to $200m into startups building the next generation of workplace AI, according to a report in the Israeli business d…
Zhipu shares are flying. The Chinese AI lab, listed in Hong Kong as Knowledge Atlas Technology, surged as much as 48 per cent on Monday before closing up about 33 per cent, as Wall Street banks bet that China is the clear winner from Washington’s clamp…
Sarvam, the Bengaluru company building India’s sovereign AI stack, has become the country’s newest AI unicorn. It has raised $234m in the first close of a $300m Series B, at a $1.5bn valuation, led by IT services giant HCLTech, which is putting in $150…
The Meta face recognition system for its smart glasses was built on software licensed from Rank One Computing, a Pentagon and police contractor, according to a WIRED investigation. Reporters Dell Cameron and Dhruv Mehrotra found a leaked, still-active …
An Anthropic lawsuit filed in California this week accuses the AI company of overselling its priciest Claude subscriptions. The complaint, brought by Washington, D.C. customer Karl Kahn, claims Anthropic’s “Max 5x” ($100 a month) and “Max 20x” ($200 a …
NewCore has come out of stealth with $66m to solve a problem most companies have not named yet: who, or what, is logging into their systems. The identity-security startup, based in Tel Aviv and San Francisco, is building a platform to govern both human…
The Kazakhstan AI deal is signed. Kazakhstan has agreed a set of accords with Firebird, a US startup backed by Nvidia, to build artificial-intelligence data centres that could draw as much as $10bn in investment, as the oil-and-gas producer tries to re…
Salesforce acquires Fin, the customer-service AI company formerly known as Intercom, in a deal worth about $3.6bn. The CRM giant signed a definitive agreement on Monday, it said, to fold Fin’s “customer agent” technology into Agentforce, its own fast-g…
The Nvidia bond sale is on. The chipmaker is seeking to raise at least $20bn in its first corporate bond offering since 2021, Bloomberg reported, citing people with direct knowledge. It is selling the debt in seven tranches, with maturities running fro…