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Turkey clears Uber’s acquisition of Getir’s delivery business

Uber has cleared the last regulatory hurdle to buying Getir’s delivery business in Turkey. The country’s Competition Board approved the US company’s acquisition of the delivery arm from Getir’s Emirati controlling shareholder, Mubadala, on Friday, ending a review that began when the deal was struck in February and clearing the way for Uber to deepen […]

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Hyundai to buy SoftBank’s last Boston Dynamics stake for $325m

Hyundai is preparing to buy out the last piece of Boston Dynamics it does not already own. The South Korean carmaker plans to acquire SoftBank’s remaining 9.65% stake in the US robotics firm for $325m, a deal that would make the maker of the Atlas humanoid a wholly owned Hyundai subsidiary, according to a newspaper […]

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China tightens indium phosphide checks as AI demand climbs

The bottleneck in the AI buildout is turning out to be a metal most people have never heard of. China has tightened its scrutiny of exports of indium phosphide, a compound essential to the high-speed optical chips that move data inside AI data centres, in a move that threatens to slow the very infrastructure the […]

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A 201-year-old mutual bank just launched an AI Center of Excellence with a startup partner

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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Meta’s AI Workers Are Revolting, Peter Thiel’s Secret Society, and SBF’s Plea to Trump

On today’s Uncanny Valley, we dive into the dysfunction in Meta’s newly formed AI unit and why it’s been driving already-low employee morale even further into the ground.

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UPS is building a real-time digital twin of its entire logistics network, updated every 10 minutes

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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Tesco is migrating 40,000 servers off VMware and suing Broadcom for over GBP 100 million

Tesco, one of Britain’s largest supermarkets, is migrating approximately 40,000 servers away from VMware. It is also suing Broadcom in the UK High Court for more than GBP 100 million, accusing the company of “abusive conduct.” It is one of the largest publicly disclosed VMware migrations since Broadcom completed its acquisition of VMware in late […]

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