Artificial Intelligence

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Getty scraps its $3.7bn Shutterstock merger after a UK regulator won’t budge

Artificial Intelligence, Business, Digital Marketing, Europe, Government and policy, SEO Tips, Technology, United States /

A $3.7bn plan to merge the world’s two biggest stock-photo libraries has collapsed. The reason is not America, where regulators waved it through. It is Britain, where a single condition proved a deal-breaker. Getty Images will terminate its merger with Shutterstock, the company said this week. Its board voted unanimously to walk away after the […]

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A cheap Chinese AI model is closing in on Anthropic and OpenAI

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Chinese startup’s latest AI model has landed fourth on one of the industry’s most closely watched intelligence rankings, and it costs a fraction of what Anthropic or OpenAI charge for comparable performance. GLM-5.2, released last month by Beijing-based Z.ai, has become the talk of Silicon Valley for coding and agentic capabilities that edge close to […]

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UNICEF says children are adopting AI three times faster than adults

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A 10-country analysis finds 20 million children already using AI tools, with governance struggling to keep pace with a generation growing up inside what UNICEF calls “a global experiment.” An estimated 20 million children across ten countries have already used artificial intelligence, and they are picking it up more than three times faster than the […]

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US in talks with AI companies over voluntary standards for new models

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The US government is negotiating voluntary standards with AI companies covering how new models get released, according to the Financial Times, with an announcement said to be possible within the next week. The standards would reportedly set benchmarks and timelines for advanced models, while clarifying who gets access to them inside the US and abroad. […]

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SK Hynix will spend $51bn on a new NAND factory to catch the AI memory wave

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SK Hynix will spend 80 trillion won, or roughly $51.46 billion, building a new NAND flash memory factory in Cheongju, South Korea, with production targeted to begin in the first half of 2029. Chief executive Kwak Noh-jung announced the plan at an event attended by President Lee Jae Myung, folding the new fab, called M17, […]

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Together AI raises 800 million dollars in Series C as open-source cloud demand surges

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Together AI has raised 800 million dollars in a Series C round led by Aramco Ventures, valuing the company at more than eight billion dollars. The round also drew Vista Equity Partners, General Catalyst, Emergence Capital, Nvidia, March Capital, Pegatron, and SentinelOne’s S Ventures. Together AI says it now generates more than one billion dollars […]

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SpaceX reportedly showed investors an AI device prototype, Musk says the report is false

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SpaceX showed investors a prototype of a handset-like AI device before its record IPO, according to The Wall Street Journal. The prototype is reportedly slimmer than an iPhone, runs on a proprietary operating system, integrates technology from xAI, and uses a Qualcomm Snapdragon chipset. Elon Musk has denied the report, calling it “utterly false” on […]

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Ashton Kutcher is leaving Sound Ventures to start a new VC firm with Morgan Beller

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Ashton Kutcher is leaving Sound Ventures, the firm he co-founded with Guy Oseary 11 years ago, to start a new venture capital firm with Morgan Beller, according to TechCrunch. The new firm will target early-stage investments in AI infrastructure, energy, and deep tech, areas where Kutcher believes the next generation of transformative companies will be […]

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AI’s hopes and fears take over the world’s big central-bank gathering

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Every summer the world’s most powerful central bankers decamp to a hillside town outside Lisbon to argue about the economy in relative calm. This year the argument had a single organising subject, and it was not inflation in the usual sense. It was artificial intelligence, and specifically the awkward fact that nobody in the room […]

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Portugal open-sources Amália, its first national AI model, in a bet on European Portuguese

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A country of just over 10 million people now has a large language model that speaks its own version of the language. Portugal has released Amália, its first national AI model built specifically for European Portuguese, and it has done so in about the most deliberate way a government can. The model, its training data […]

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