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A US investor wants to buy into China’s most successful AI-video company. The timing could hardly be more awkward. General Atlantic is in talks to lead the first outside funding round for Kling AI, the video arm of Chinese tech group Kuaishou, Bloomberg reported. Kling is seeking more than $2bn at a valuation of $18bn, […]
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Isaiah Granet spent three weeks at Y Combinator getting turned down by 180 investors. Their reason was always the same: phone calls would not exist in a year. He has now raised more than $100mn to prove them wrong. His startup, Bland, has closed a $50mn Series C led by Dell Technologies Capital, Fortune reported. […]
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Rejected by 180 investors, Bland just raised $50M to prove voice AI is the future Read More »
Until last week, about 200 organisations could use a preview of Anthropic’s most capable model, Mythos. They got in through a programme called Glasswing, after the system flagged thousands of software vulnerabilities. Then, on the evening of 12 June, the US Commerce Department ordered Anthropic to cut off every foreign national, anywhere. The company could […]
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The AI bubble didn’t pop. It sent the bill Read More »
Europe’s retailers would like the law to make an exception for them. AI-generated advertising should be carved out of the European Union’s incoming transparency rules, a retail association has argued, according to Reuters, taking aim at provisions that would require companies to label commercial content produced by artificial intelligence before those rules begin to bite […]
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Retailers want AI-generated ads exempt from EU transparency rules Read More »
Higgsfield, the AI video startup valued at $1.3 billion, on Wednesday launched what it calls the first enterprise-ready autonomous agent framework for marketing automation. Supercomputer 2.0, built on NVIDIA’s Agent Toolkit and powered by Nemotron models, adds safety controls and granular permissioning to a platform the company says is already used to create campaigns for 390 […]
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Alibaba Cloud on Wednesday launched its first data centres in France, opening two availability zones in Paris as part of a broader push into a European market that is rapidly reassessing its dependency on foreign cloud providers. The facilities make France Alibaba Cloud’s third European hub, after Germany, where it has operated since 2016, and Britain. […]
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Liberty Bank, a 201-year-old mutual bank headquartered in Middletown, Connecticut, announced the launch of an AI Center of Excellence alongside a strategic partnership with Flare AI. The centre will serve as the hub for AI strategy, governance, and execution across the bank’s personal, commercial, and digital operations. The partnership is structured around outcomes rather than […]
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UPS detailed a slate of AI-powered logistics initiatives on Wednesday, including a real-time digital twin of its entire global network that updates every 10 minutes. The system creates a digital replica of facilities, air and ground networks, and end-to-end package flows. It continuously tracks performance so the network can adjust and, in UPS’s words, “self-heal […]
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Ford has launched Ford Energy, a wholly owned subsidiary that will manufacture large-scale battery energy storage systems for utilities, data centres, and industrial customers. The company has committed roughly $2 billion to the operation, which repurposes a Kentucky plant originally built for electric vehicle batteries. The subsidiary is led by Lisa Drake, who reports directly to Ford […]
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Designing a chip is hard. It takes years, hundreds of millions of dollars, and a tiny pool of experts. Most of them sit inside a few large companies. Architect Labs wants to change that with AI. The Palo Alto startup left stealth on Thursday with a $24mn seed round. Its plan is to build an […]
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Architect Labs raises $24M to let any company design its own AI chip Read More »