Credit: TEKEVER The fund raise is precisely designed to support that growth, not only organically, developing new technology, but through…
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Alibaba says its new Zhenwu V900 is China’s most powerful AI chip
Credit: Alibaba Group The most powerful AI chip in China today, delivering three times the performance of its predecessor, the…
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Cyera has now raised $1.4bn this year to police AI agents
Cyera cofounders Yotam Segev, left, and Tamar Bar-Ilan. Credit: Cyera They need to trust what AI agents can see and…
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Protests for Germany’s car industry as job losses loom
The future is looking increasingly bleak for Germany’s automotive industry. Since the turn of the century, car makers have been…
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FintechOS raises $28M in equity and debt after turning profitable
Teo Blidăruș, co-founder and chief executive of FintechOS. Credit: FintechOS FintechOS, a London-based company founded in Romania that sells AI…
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Morphotonics raises more than €40M to scale waveguide manufacturing for AI glasses
Morphotonics co-founder and CTO Jan Matthijs ter Meulen, CEO Hugo da Silva, and co-founder Bram Titulaer (from left). Morphotonics, a…
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Finnish AI cloud company Verda raises $189M and it is now the latest unicorn in Europe
Ruben Bryon, founder and chief executive of Verda. Credit: Verda Verda, an AI cloud company headquartered in Helsinki and previously…
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Saudi Arabia wants a car industry, launches Ceer with two EVs
Ceer provided flights from Detroit to Riyadh, Saudi Arabia, and accommodation so Ars could visit the factory. Ars does not…
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Hyundai’s answer to the EV slowdown is building tens of thousands of robotaxis
A Hyundai Ioniq 5 NE1 robotaxi test vehicle on a street in Seoul, April 2024. Credit: Damian B Oh /…
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California settles lawsuit against Paramount/Warner merger, angering advocates
California and Paramount Skydance have reportedly reached a settlement allowing the company to complete its $111 billion merger with Warner…
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