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Dream, the Israeli AI cybersecurity startup that tripled its valuation to $3 billion this year, is expanding into Latin America. The company is targeting governments aligned with Washington in a region where cyber attacks are reportedly growing 25% annually and national defences rank among the weakest in the world. The expansion is notable for what […]
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Google DeepMind Unionization Talks Are Off to a Rocky Start Read More »
The video-game industry is bracing for a wave of European rules. They could limit what children play, and cost the sector billions in lost sales. A cluster of European regulations is taking aim at how games are sold to minors. Loot boxes are the main target. The shift could crimp sales worldwide, Bloomberg reported. Regulators […]
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Europe is coming for loot boxes, and the games industry is bracing Read More »
The strain inside the AI boom’s biggest infrastructure bet has reached a courtroom. Oracle’s own investors are suing, saying the company hid how shaky its $300bn deal with OpenAI really was. A Michigan public pension fund, the City of Sterling Heights Police & Fire Retirement System, filed the class action on Wednesday in a Tennessee […]
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Investors sue Oracle, say it hid how shaky the OpenAI deal was Read More »
Europe’s biggest software company is tightening its belt to chase artificial intelligence. SAP is freezing most hiring and pausing non-essential travel, all to free up cash for its AI push. The plan landed in an internal email to staff on Wednesday evening. Bloomberg saw the memo, and SAP confirmed the move to The Register. Going […]
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SAP freezes hiring and travel to shovel cash into AI Read More »
The AI memory squeeze has been an industry story for months. Now it is heading for the till. Currys, Britain’s biggest consumer electricals retailer, has warned that phones, laptops and TVs will cost more later this year. Chief executive Alex Baldock delivered the warning to reporters after the company posted its annual results, as Reuters […]
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The AI memory squeeze is about to hit Europe’s shopping baskets Read More »
Zoom made its name on the video call. Now it wants to own everything that happens before the call too. The company is buying Common Room, a Seattle startup whose AI reads the buying signals of potential customers, pushing Zoom deeper into enterprise sales software. Zoom announced the acquisition on Thursday. It did not disclose […]
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Zoom buys Common Room to push past the video call into AI sales Read More »
A bank that barely existed a year ago is now chasing a valuation most European lenders can only dream of. Erebor was founded by Anduril’s Palmer Luckey and backed by Peter Thiel. It is in talks to raise at a valuation of at least $8bn, and its deposits have almost quadrupled in three months. That […]
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Palmer Luckey’s Erebor bank eyes an $8bn valuation as deposits quadruple Read More »
Europe just put its first quantum computing company on a major American stock exchange. And it did so without leaving home. IQM, a Finnish maker of quantum machines, started trading on Nasdaq this week. The debut was equal parts landmark and reality check. IQM began trading on the Nasdaq Global Select Market on 2 July […]
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IQM becomes the first European quantum company to list on a major US exchange Read More »
The world’s biggest seller of website addresses says a court order in India could make the internet less safe. GoDaddy is fighting new rules meant to stop fake sites impersonating famous brands. It warns the cure could expose millions of legitimate site owners, and not only in India. The order came from the Delhi High […]
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GoDaddy warns India’s fake-site crackdown could damage the internet Read More »