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Ultrahuman raised $70m to turn its ring into a computer

Ultrahuman announced a $70m funding round at IFA in Berlin last week, with Qualcomm’s venture arm among the backers. The Indian company makes smart rings. What it wants to build next is a ring that stops being a tracker. TechCrunch’s Jagmeet Singh reported the round first, with an interview with founder and chief executive Mohit […]

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Oura’s $924m loss is the price of buying back its own shares

Oura filed to go public on Nasdaq on 3 September, and the coverage split within hours. Reuters reported that the smart ring maker had recently turned profitable. The Wall Street Journal told its readers the same. Bloomberg’s Subrat Patnaik led on a loss of $924.3m. Business Insider’s Kelsey Vlamis carried both figures without reconciling them. […]

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Thailand halted more data centres than it has running

Thailand has stopped construction on 49 data centres, which is more than it currently has running. Anuchit Nguyen reported the suspension for Bloomberg on Friday, after the first meeting of a new supervision commission chaired by finance minister Ekniti Nitithanprapas. The country has 35 data centres in operation and 117 more waiting on investment approval. […]

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Nigeria’s regulator asks Uber about the services it did not deliver before leaving

Nigeria’s Federal Competition and Consumer Protection Commission is investigating Uber’s abrupt exit, particularly unfulfilled services to customers, after the company shut down without warning as part of a global review that cut 3,300 jobs. The main beneficiary is Estonia’s Bolt, and EU platform rules would have required 30 days’ notice to drivers. Nigeria’s competition and […]

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Kenya bet its graduates on gig work in 2022. ChatGPT launched that year

In 2022 Kenya adopted a ten-year national plan to move its graduates into online outsourcing work. OpenAI released ChatGPT the same year. Adam Satariano and Paul Mozur set out what happened next, reporting from Nairobi for the New York Times with Edwin Okoth. At its peak early this decade, researchers estimated at least 40,000 people […]

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Uber put $100m into the company that hired Anthony Levandowski

Uber has put $100m into a company that just hired Anthony Levandowski. His theft of Google’s self-driving secrets cost Uber a fortune, and it helped end Travis Kalanick’s time as chief executive. The company is Atoms, Kalanick’s new venture. Rafe Rosner-Uddin reported the arrangement for the Financial Times on Sunday. He cited people familiar with […]

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OpenAI’s AGI number came from a harness, not the model

OpenAI declared the AGI era on the strength of a 99.9% score. Run the same model through the benchmark’s own software, and it scores 62.7%. The gap is not a rounding error or a rival’s complaint. It comes from the organisation that built the test. ARC Prize published both numbers on the day GPT-6 Astra […]

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Console makers say buyers are owed nothing from their tariff refunds

Sony, Microsoft and Nintendo have all moved to dismiss class actions arguing they should pass US tariff refunds back to console buyers, saying customers paid advertised prices and got working consoles. European buyers absorbed the same increases but there is no European tariff refund, because there was no European tariff. Sony, Microsoft and Nintendo are […]

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Isar Aerospace reaches orbit on its second flight, a first for a European commercial launcher

Isar Aerospace’s Spectrum rocket reached orbit and deployed satellites from Andoya in northern Norway on Saturday night, the first commercial European company to do so and on only its second flight. It lands four days before Macron’s Paris space summit, which SpaceX and Blue Origin withdrew from last week. Isar Aerospace’s Spectrum rocket reached orbit […]

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Chinese banks and carriers have turned AI tokens into rewards, monthly plans and collateral

Chinese banks, telecom carriers and a Guangzhou district have started packaging AI tokens as credit card rewards, monthly plans and a basis for business lending. Research across 25 European languages finds tokeniser fertility ranges from 1.23 tokens per word in English to about 3.1 in Greek and Maltese. Banks, telecom carriers and a district government […]

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