Mira Murati’s Thinking Machines Lab is raising money again. The figure that travelled around the internet last week was the wrong one. The Information broke the story on 3 September. Its current version puts the raise at $5bn to $6bn, on a pre-money va…
Oura filed to go public on Nasdaq on 3 September, and the coverage split within hours. Reuters reported that the smart ring maker had recently turned profitable. The Wall Street Journal told its readers the same. Bloomberg’s Subrat Patnaik led on a los…
Henna Virkkunen told Axios at the G20 innovation ministerial that the US and the EU keep arriving at similar AI protections, Europe by regulating in advance and America through courts and state law. She made the argument at the summit where Washington …
Nigeria’s Federal Competition and Consumer Protection Commission is investigating Uber’s abrupt exit, particularly unfulfilled services to customers, after the company shut down without warning as part of a global review that cut 3,300 jobs. The main b…
Uber has put $100m into a company that just hired Anthony Levandowski. His theft of Google’s self-driving secrets cost Uber a fortune, and it helped end Travis Kalanick’s time as chief executive. The company is Atoms, Kalanick’s new venture. Rafe Rosne…
Isar Aerospace’s Spectrum rocket reached orbit and deployed satellites from Andoya in northern Norway on Saturday night, the first commercial European company to do so and on only its second flight. It lands four days before Macron’s Paris space summit…
SpaceX, Blue Origin, Stoke Space and Starcloud pulled out of Macron’s Paris space summit after White House pressure, though several are expected back in the city days later for World Space Business Week. Organisers describe the event as behind schedule…
Tata Consultancy Services said its HyperVault unit and partners have committed 700 billion rupees, about $7.4B, to an AI data centre campus of up to one gigawatt in Hyderabad, using green energy and water-neutral design principles. EU rules require any…
Sam Altman said he was very sad about Apple’s trade-secrets lawsuit and that his first reaction was that the allegations sounded egregious, while OpenAI has moved to have the case dismissed. California voids non-compete agreements, so an employer losin…
Japan’s trade minister said discussions on AI and semiconductors will carry very significant weight in the third tranche of its $550B US investment pact, after two rounds went to energy and minerals. The EU’s own framework contains no comparable vehicl…