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Sony sued Udio again over 30,000 songs, and turned its rivals’ AI deals into a weapon

The other two major labels made peace with Udio months ago. Sony did the opposite. On Monday it filed a fresh lawsuit in New York, Billboard reported, covering 30,117 recordings and leaving Udio facing a far bigger bill. Turning peace into a weapon The heart of the case is fair use, the defence Udio leans […]

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Empirical Security raised $25M to predict which flaws hackers will actually exploit

Most security teams face the same problem. There are far more flaws than anyone can fix, and no clear way to know which ones matter. Empirical Security wants to predict the answer. The Chicago startup’s Series A was led by Brightmind Partners, chief executive Ed Bellis told Axios, which first reported the round. It takes […]

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This startup raised $15M to break Nvidia’s tightest grip on AI, its software

The pitch is bold for a seed round. Infinity says it can strip away the one advantage that has kept Nvidia untouchable. It has just raised money to try. The company closed a $15 million seed round at a $100 million valuation on Monday, it announced. Backers include Touring Capital, Principal VC, executives at major […]

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Tesla’s cash burn will test investor faith in its AI bets

Tesla reports its second-quarter results on Wednesday, and the question hanging over the call is less whether it can still sell cars than how long it can keep spending faster than it earns. The company has just posted its best delivery quarter on record, yet Wall Street expects it to burn through roughly $3.25bn in free cash flow, a […]

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IQE bets on AI data-centre demand to drive 20% sales growth in 2026

IQE, the Cardiff-based maker of compound semiconductor wafers, expects revenue to grow by more than 20% in 2026, betting that surging AI data-centre demand for its light-carrying materials will pull it clear of a bruising year. The upgrade landed on 21 July alongside full-year results that showed just how far the company has to climb. Revenue for […]

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SpaceX in your index fund, explained

Index funds are touted as one of the safest ways to invest. Rather than picking and choosing individual stocks, index funds let you bet on the market as a whole. So what happens when a company like SpaceX – a giant gamble, and, in my opinion, terribly overpriced – is fast-tracked into the Nasdaq-100? Does […]

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Paramount and Warner Bros. merger blocked by temporary restraining order one day before close

California District Judge Araceli Martínez-Olguín granted a temporary restraining order on the $110 billion Paramount-Warner Bros. Discovery merger on Monday, pausing the deal for 14 days. The order came after a coalition of 12 state attorneys general led by California’s Rob Bonta sued to block the acquisition last week, arguing it would violate the Clayton […]

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