Business

Auto Added by WPeMatico

Cathay Pacific and Google partner on AI contrail avoidance for ultra-long-haul flights

Cathay Pacific has flown more than 80 contrail-avoidance routes in a trial with Google that began in late 2025, adjusting cruise altitude to steer clear of the thin bands of humid air where aircraft exhaust freezes into clouds that trap heat. Google puts the result at roughly a 40% reduction in the warming impact of the contrails […]

This story continues at The Next Web

Cathay Pacific and Google partner on AI contrail avoidance for ultra-long-haul flights Read More »

Anthropic will reportedly list days before the US midterm elections

Anthropic’s stock market debut has moved, and the new date puts it days away from a national election. Reuters reported on Friday that the company expects to start marketing its offering in mid-October at the earliest. The listing would then complete shortly before the US midterms in November. Echo Wang had the story from people […]

This story continues at The Next Web

Anthropic will reportedly list days before the US midterm elections Read More »

Musk’s blow torch post is why X just lost the Twitter bird logo

On 22 July 2023, Elon Musk posted that X would “bid adieu to the twitter brand and, gradually, all the birds.” The next day he said the company was taking blow torches to the Twitter logo on the building. Three years on, both posts have cost him a trademark. Chief Judge Colm Connolly ruled on […]

This story continues at The Next Web

Musk’s blow torch post is why X just lost the Twitter bird logo Read More »

Nscale is selling Figure $3.5bn of compute and buying a stake in it

Nscale has agreed to sell Figure at least $3.5bn of computing power. It has also bought a stake in Figure, which is the part worth looking at. The London company announced the partnership on 3 September in a statement also carried on PR Newswire. The deal covers up to 100,000 Nvidia GPUs running the Vera […]

This story continues at The Next Web

Nscale is selling Figure $3.5bn of compute and buying a stake in it Read More »

Nvidia now holds $99bn in shares of the companies that buy its chips

Nvidia sells the chips that the AI industry runs on. It now also owns $99bn of the industry. The figure sits in the company’s own quarterly filing. CNBC’s Kai Nicol-Schwarz pulled it out. Nvidia equity investments stood at $99bn as of 26 July. A year earlier the figure stood at about $7bn. Two years earlier, […]

This story continues at The Next Web

Nvidia now holds $99bn in shares of the companies that buy its chips Read More »

Thinking Machines is in talks to raise $6bn, The Information reports

Mira Murati’s Thinking Machines Lab is raising money again. The figure that travelled around the internet last week was the wrong one. The Information broke the story on 3 September. Its current version puts the raise at $5bn to $6bn, on a pre-money valuation of at least $40bn. Accel, an investor since the seed round, […]

This story continues at The Next Web

Thinking Machines is in talks to raise $6bn, The Information reports Read More »

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 […]

This story continues at The Next Web

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

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. […]

This story continues at The Next Web

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

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. […]

This story continues at The Next Web

Thailand halted more data centres than it has running Read More »

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 […]

This story continues at The Next Web

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

Shopping Cart