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Anthropic has walked away from its $6bn Decart deal, Bloomberg reports

Anthropic has decided against buying Decart AI, Bloomberg reported, citing people familiar with the matter who asked not to be identified. The company had explored a deal and completed due diligence before walking away, and one of those people said the two may still find other ways to work together. Representatives for both companies declined to […]

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Australia will make platforms prompt users to switch off algorithmic feeds

Australia has published draft legislation that would require social media platforms to show users recurring prompts offering to turn the algorithmic feed off. The exposure draft of the Digital Duty of Care bill went out this week, Reuters reported, and carries penalties above A$100m for breaches. Plenty of jurisdictions have established that users should be able […]

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Mistral raises €3bn at a €21bn valuation in Europe’s largest tech equity round

Mistral has raised €3bn in a Series D at a post-money valuation of more than €21bn, which the company says is the largest equity fundraising ever completed by a European technology firm. Samsung Electronics led the round, three years after the Paris company was founded. The co-leads are the part worth pausing on. One is […]

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Eric Wu’s newest company, out of stealth since May, is going after construction’s labor crunch

Eric Wu, who built and ran Opendoor before stepping away in 2022, has had his new company, NavigateAI, out of stealth since May — building AI copilots that give construction workers real-time, hands-free guidance through smartphones and Meta’s AI glasses, backed by $25 million from Elad Gil, Khosla Ventures, and Lennar to tackle a labor shortage severe enough that data center projects alone now need 4,000 to 5,000 workers apiece.

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First Xiaomi, then the world: why Arm might give phone gaming a huge graphics boost

China is getting first crack at a British technology that might change how mobile games are made and played. Today, the Xiaomi 18 Fold launches in mainland China with an Arm Mali G2-Ultra NX graphics processor inside its custom Xring O3 chip. What’s so special about that? After five years of development, Arm now has […]

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