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Mirendil, founded by two researchers who left Anthropic after barely a year, has raised $200m at a $1bn valuation. The pitch: sell the self-improving AI that the big labs build for themselves and guard from everyone else. The biggest AI labs share one private conviction. The fastest way to build better AI is to point […]
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Ex-Anthropic researchers raise $200M for self-improving AI Read More »
Paul Meade, Apple’s Vision Pro chief, is leaving to build OpenAI’s devices. It is the most senior Apple defection yet, and it points the AI hardware talent war straight at Cupertino. Apple does not lose vice presidents to rivals. That is the unwritten rule, and for years it held. Designers slipped away to Jony Ive’s […]
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OpenAI hires Apple’s Vision Pro chief Paul Meade Read More »
The case for artificial intelligence in Germany is being made, increasingly, in the language of arithmetic rather than ambition. The country does not have enough workers, and AI is being pitched as a way to need fewer of them. The concrete version of that pitch is small and unglamorous. A homebuilder in the northwest of […]
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Germany’s AI rollout is being sold as a fix for its worker shortage Read More »
Firmus Technologies, an Australian AI infrastructure company valued at $5.5 billion, will build its first data centre in Indonesia through an eight-year partnership with Nvidia. The 360-megawatt Nvidia DSX AI Factory campus in Batam, an island just off the coast of Singapore, is being developed with Singapore-based DayOne and is set to go live in […]
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Mental health chatbots all share the same limitation: the user has to reach out first. That is not always easy when someone is stressed, anxious, or unable to articulate how they feel. Researchers at the University of Ottawa are building an AI assistant called UbiMyTherapist that flips the model. It reads emotional cues in real […]
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Micron Technology briefly surpassed Meta and Tesla in market valuation on Thursday, closing the week at roughly $1.27 trillion. The stock has soared over 236% in the past month alone, reaching $1,132 a share. Before mid-2025, it spent years below $100. The surge followed blockbuster third-quarter earnings. Revenue quadrupled year on year to $41.45 billion. […]
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The Bank for International Settlements warned on Sunday that an AI investment bust could hit credit markets with disruption comparable to the 2008 financial crisis. In its annual report, the Basel-based institution listed AI-led risks alongside inflation and fiscal stress as “pressure points” that “demand attention.” “Disappointment in returns could trigger a sudden pullback in […]
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The BIS warns an AI bust could hit credit markets as hard as the 2008 financial crisis Read More »
North America has more than 280,000 independent auto repair shops. Most run on workflows a 1990s small business owner would recognise: phone-based scheduling, paper repair orders, manual parts ordering. The global auto repair software market is projected to grow from $3.4 billion in 2026 to $8.6 billion by 2033, a 14.2% CAGR, according to Persistence […]
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Google has placed limits on Meta’s use of its Gemini AI models because it cannot provide as much computing capacity as the social media company wanted, the Financial Times reported on Sunday. The restrictions have affected several Google clients, with Meta hit particularly hard. The move has had a knock-on effect on Meta’s internal projects. […]
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Google is rationing Gemini access to Meta because it cannot provide enough compute Read More »
India’s Unified Payment Interface has grown to over 750 million daily transactions, and the head of the body that oversees it says AI will be central to reaching a billion. Dilip Asbe, MD and CEO of the National Payments Corporation of India, told TechCrunch at Mumbai Tech Week that AI could drive the next half […]
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