Business

US prosecutors have charged an Atlanta man with allegedly providing border officers a passcode that erased his phone during an airport inspection. Security specialists believe it may be the first…

Teenage and early-20s founders are raising millions of dollars for AI startups before gaining the work experience investors once expected. AI development tools have made it easier to build software…

India’s cybercrime agency has directed GitHub to restrict access to three repositories connected to Bitchat, an open-source messaging app that works without internet access or central servers. The request has…

World, the digital identity project co-founded by OpenAI CEO Sam Altman, has raised $52.5 million through a private sale of its WLD cryptocurrency. Pantera Capital led the transaction, with participation…

A coalition of AI and technology companies has urged US policymakers not to impose broad restrictions on open-weight models amid concerns about intellectual property theft and advanced Chinese AI systems.…

Electric vehicle maker Rivian has sued the US government to recover tariffs it paid under President Donald Trump’s “Liberation Day” trade measures. The Supreme Court ruled in February that the…

AI image and video company Midjourney has acquired Co-Star, a social astrology app with about 4.3 million monthly active users. The financial terms were not disclosed, and the transaction reportedly…

Alphabet reported stronger-than-expected second-quarter results as demand for AI infrastructure and enterprise software pushed Google Cloud revenue up 82% from a year earlier. Cloud sales reached $24.8 billion, compared with…

IBM has lowered its full-year growth forecast after weaker mainframe sales contributed to a disappointing second quarter. The company generated $17.2 billion in revenue and $2.2 billion in net income,…

ServiceNow has invested $40 million in Indian banking software provider BusinessNext, valuing the company at about $700 million. The deal gives ServiceNow an approximately 5% stake and expands an existing…

White House science adviser Michael Kratsios has accused Chinese AI company Moonshot AI of using Anthropic’s Fable model to develop Kimi K3. He also alleged that Moonshot used advanced Nvidia…

Apple is introducing MapKit for Automotive, a software development kit that lets automakers embed Apple Maps directly into vehicle infotainment systems. Ford will be the first manufacturer to use the…

Meta has released an advertisement presenting AI as a technology that can strengthen human connection and provide wider access to opportunity. The campaign uses David Bowie’s “Five Years,” a song…

AI chip start-up Etched has raised $300 million in a Series C funding round that values the company at $10.3 billion. The new valuation is more than double the $5…

Imagi has raised $4.5 million in seed funding to expand its coding and AI literacy platform across more K-12 schools. The company provides teachers with curriculum, training and controlled access…

Lunar Outpost plans to use Nvidia’s Jetson computing platform on an upcoming moon rover, potentially placing the first GPU on the lunar surface. The compact chip will process data from…

SoundCloud has acquired Nina Protocol, a decentralised music marketplace that allowed independent artists to sell releases directly to listeners while retaining their revenue. The financial terms were not disclosed, and…

Israeli workplace software company monday.com is reducing its workforce by approximately 20% as part of a restructuring centred on its AI Work Platform. Based on the company’s reported headcount at…

Private social platform Yope has raised $12.3 million in a funding round led by Northzone. The company plans to use the capital to develop new features, expand its 35-person team…

OpenAI plans to spend $750 billion on computing infrastructure through 2030, about 25% more than its previous estimate. The first major project under the expanded plan is a $20 billion…