DMR News

Advancing Digital Conversations

Mobileye Plans US Robotaxi Service With 17,000-Vehicle Expansion Target

Mobileye plans to launch its own robotaxi service in a major US city in 2027, expanding from an autonomous driving technology supplier into a direct ride-hailing operator. The company expects…

Snap Launches $2,195 Specs Smart Glasses With On-Device AI and AR

Snap has introduced its consumer Specs smart glasses at the Augmented World Expo in Long Beach, California, pricing the standalone augmented reality device at $2,195. Preorders open on June 16…

WordPress VIP Report Finds AI Visibility Is Rising Faster Than Consumer Trust

WordPress VIP says brands are gaining more traffic from AI search platforms, but many consumers remain cautious about AI-generated answers and want clear links to original sources. Its new report…

India Temporarily Blocks Telegram Ahead of NEET Medical Entrance Re-Test

India has temporarily blocked Telegram nationwide until June 22 after authorities said fraud groups were using the messaging platform to target students before a major medical entrance examination. The restriction…

Justice Department Backs xAI in Lawsuit Over Unpermitted Data Center Turbines

The US Department of Justice has supported xAI in a lawsuit seeking to stop the company from operating dozens of natural gas turbines at its Colossus 2 data center in…

Robinhood to Cut About 290 Jobs in Organizational Restructuring

Robinhood will cut about 10% of its full-time workforce as it restructures the company around smaller teams and fewer management layers. The reduction will affect approximately 290 employees, based on…

Probably Raises $9 Million to Build More Accurate AI Data Tools

Probably has raised $9 million in seed funding from Andreessen Horowitz to develop AI systems that prevent hallucinations and factual errors from reaching users. Founder Peter Elias said the company…

SpaceX to Acquire Cursor in $60 Billion All-Stock Deal

SpaceX has agreed to acquire Anysphere, the company behind AI coding platform Cursor, in an all-stock transaction valued at $60 billion. The agreement comes four days after SpaceX began trading…

Threads Reaches 500 Million Monthly Users and Adds Private Feed Controls

Threads has reached 500 million monthly active users nearly three years after Meta launched it as a competitor to X. The platform also introduced Your Algo, a private setting that…

ChatGPT’s AI Assistant Market Share Falls Below 50% as Gemini and Claude Gain

ChatGPT remains the world’s most widely used AI assistant, but its market share fell below 50% for the first time as users increasingly divided their activity among Google Gemini, Anthropic…

Respond.io Raises $62.5 Million to Expand AI Messaging Platform Globally

Respond.io has raised $62.5 million in Series B funding as the Malaysia-based company expands its AI-powered customer conversation platform into North America and Europe. Camber Partners led the round, with…

Softstar Shoes Transfers Ownership to Employees as US Founders Prepare to Retire

Oregon-based Softstar Shoes has transferred ownership of the company to its approximately 30 employees as former owner Tricia Salcido begins planning for retirement. The shoemaker completed the transition through an…

Starbucks Korea to Close Stores Early for History Training After ‘Tank Day’ Campaign

Starbucks Korea will close all its stores early on June 22 so employees can attend mandatory training on South Korean history and social sensitivity. The action follows public criticism of…

Anthropic Executives to Meet US Officials Over Fable 5 and Mythos 5 Restrictions

Anthropic executives are expected to meet senior US Commerce Department officials in Washington on Monday after the government restricted foreign access to the company’s latest AI models. CEO Dario Amodei…

Companies Target the Moon as Demand for Helium-3 Grows

Companies are developing ways to extract helium-3 from the Moon as demand rises from quantum computing, scientific research, and possible nuclear fusion applications. The rare gas currently comes mainly from…

Bank of Japan Raises Interest Rate to 31-Year High of 1%

The Bank of Japan has raised its policy interest rate from 0.75% to around 1%, the highest level since 1995. The increase follows a rise in global energy prices and…

Stanford Graduates Walk Out During Sundar Pichai’s Commencement Speech

Around 200 Stanford University graduates reportedly walked out as Google and Alphabet CEO Sundar Pichai delivered the university’s commencement address on Sunday. Students also booed and displayed signs criticizing Google’s…

Meta Adds AI Mode Search and New Editing Tools to Facebook

Meta is rolling out new AI features on Facebook that change how users search for information and edit photos and videos. The main addition is AI Mode, which uses Meta…

SpaceX IPO Raises $85.7 Billion After Underwriters Buy Additional Shares

SpaceX has increased the amount raised through its initial public offering to $85.7 billion after the offering’s underwriters exercised their option to buy the maximum number of additional shares. The…

Salesforce to Acquire Fin for $3.6 Billion to Strengthen Agentforce

Salesforce has agreed to acquire AI customer service company Fin for approximately $3.6 billion, bringing Fin’s customer support agent technology and development team into its Agentforce business. The companies expect…