Volkswagen Releases $1 Billion Funding To Rivian After Winter Testing Milestone For ID.EVERY1
Rivian has secured another $1 billion in funding from Volkswagen Group after completing winter testing for the VW ID.EVERY1, a vehicle built under their joint venture. The milestone marks progress…
SK Hynix Plans US Listing To Boost Valuation And Fund AI Memory Expansion
SK hynix has confidentially filed for a U.S. listing that could raise between $10 billion and $14 billion, as the company seeks to address a valuation gap and secure funding…
SoftBank Secures $40 Billion Loan To Fund OpenAI Investment Following Record $110 Billion Raise
SoftBank has secured a $40 billion loan to support its $30 billion commitment to invest in OpenAI, following the AI firm’s $110 billion fundraising round last month. The loan, disclosed…
Physical Intelligence Targets $11 Billion Valuation In New Funding Round For General Purpose Robotics AI
Physical Intelligence is in early discussions to raise approximately $1 billion in new funding at a valuation exceeding $11 billion, a figure that would nearly double its valuation within four…
Whoop Expands From Athlete Focus To Continuous Health Monitoring With Medical And Data Features
Whoop is shifting its positioning from a performance-focused fitness tracker used by elite athletes to a broader health monitoring platform, as it adds medical features, data integrations, and diagnostic tools…
Anthropic Sees Surge In Claude Subscriptions Amid DoD Dispute And Product Expansion
Anthropic has recorded a sharp rise in paid subscriptions for its Claude chatbot, driven by increased public attention from its dispute with the U.S. Department of Defense, advertising campaigns, and…
All xAI Co Founders Exit As Musk Rebuilds Company Following SpaceX Acquisition
All co-founders of xAI have now departed, with the final two remaining executives leaving the company, according to new reports, as leadership restructuring continues following its integration into SpaceX. The…
Zuckerberg Offered Support To Musk And Discussed OpenAI Bid In Newly Released Messages
Messages exchanged between Elon Musk and Mark Zuckerberg show a period of cooperation in early 2025, including offers of support and a brief discussion about a potential joint bid for…
Waymo Reaches 500,000 Weekly Robotaxi Rides As Expansion And Utilisation Accelerate
Waymo is now delivering 500,000 paid robotaxi rides each week across 10 U.S. cities, reflecting rapid growth in both ridership and market expansion as the company scales its commercial operations.…
US Judge Dismisses X Lawsuit Alleging Advertising Boycott By Major Firms
A U.S. federal judge has dismissed a lawsuit brought by X Corp, which accused several major companies and an industry group of coordinating an illegal boycott that reduced advertising revenue…
UK Blocks Ming Yang Wind Factory Plan Over Security Concerns At Ardersier Site
The UK government has rejected a £1.5 billion investment proposal from Ming Yang to build a wind turbine factory in the Scottish Highlands, citing national security considerations tied to foreign…
Indian Farmers Turn To Dragon Fruit As Crop Gains Traction And Investment
Farmers in India are increasingly adopting dragon fruit cultivation as a higher-return alternative to traditional crops, with new entrants and researchers driving its expansion across multiple regions. Arun Srinivas is…
Wisconsin Soda Maker Keeps Returnable Glass Bottle Tradition Alive Amid Plastic Dominance
A family-owned soda company in Wisconsin continues to use returnable glass bottles decades after the practice largely disappeared in the United States, offering an alternative to the widespread use of…
UK Regulator Probes Just Eat Autotrader And Others Over Fake Online Reviews
The UK’s competition watchdog has launched an investigation into several major companies, including Just Eat and Autotrader, over concerns about fake and misleading online reviews. The probe, led by the…
Scottish Government Withdraws Bus Campaign Image After China Location Identified
The Scottish government has removed an image from a Highland bus travel campaign after it was identified as depicting a location in China rather than Scotland. The advertisement, promoting a…
Meta Cuts Hundreds Of Jobs Across Sales Recruiting And Reality Labs Teams
Meta is laying off several hundred employees across multiple teams, including sales, recruiting, and its Reality Labs division, as the company continues to restructure while increasing investment in artificial intelligence.…
Intellexa Founder To Appeal Conviction In Greek Spyware Surveillance Case
The founder of spyware company Intellexa has said he will appeal a conviction issued by a Greek court over allegations of illegal data collection tied to a large-scale surveillance operation.…
Anthropic Report Finds Limited Job Losses From AI But Highlights Growing Skills Gap
New research from Anthropic suggests that artificial intelligence has not yet caused widespread job losses, though early indicators point to uneven effects across the workforce, particularly for younger and entry-level…
China Probes Manus After Startup’s $2 Billion Sale To Meta And Move To Singapore
Chinese authorities have begun reviewing the overseas relocation and sale of AI startup Manus after the company moved operations to Singapore and was acquired by Meta for $2 billion, drawing…
Uber Pony AI And Verne Partner To Launch Robotaxi Service In Europe Starting In Zagreb
A new partnership between Uber, Pony.ai, and Verne aims to launch a commercial robotaxi service in Europe, with initial operations planned in Zagreb. The companies announced Thursday that the service…