Your Trusted Source for Global and Local News About Economy
China’s Moonshot releases a new open-source model Kimi K2.5 and a coding agent The company said that the model was trained on 15 trillion mixed visual and text tokens. The…
Node-based design tool Flora raises $42M from Redpoint Ventures Flora's node-based design tool is being used by companies like Pentagram and Lionsgate. Flora's node-based design tool is being used by…
Uber launches an ‘AV Labs’ division to gather driving data for robotaxi partners Uber is not developing its own robotaxis again; instead it plans to collect and offer data. It's…
Northwood Space secures a $100M Series B and a $50M Space Force contract This is the El Segundo, California-based startup's second raise in less than a year. This is the…
‘Among the worst we’ve seen’: report slams xAI’s Grok over child safety failures “We assess a lot of AI chatbots at Common Sense Media, and they all have risks, but…
South Korea’s Edenlux set for U.S. debut of eye-strain wellness device Edenlux builds wearable tech to protect and train your eyes, inspired by its founder’s personal vision recovery. Edenlux builds…
Qualcomm backs SpotDraft to scale on-device contract AI with valuation doubling toward $400M SpotDraft now processes over 1 million contracts annually using its AI tool, with contract volumes up 173%…
Google pays $68 million to settle claims its voice assistant spied on users The tech giant did not admit wrongdoing in the case. The tech giant did not admit wrongdoing…
AI chip startup Ricursive hits $4B valuation two months after launch Ricursive joins Recursive and Unconventional AI in raising massive funds at multi-billion valuations out of the gate. Ricursive joins…
Meta to test premium subscriptions on Instagram, Facebook, and WhatsApp In the coming months, Meta is going to explore a premium experience on Instagram, Facebook, and WhatsApp that gives users…