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ResMed sells its MatrixCare software business to Frazier for $490m

ResMed has agreed to sell MatrixCare, its home-health and senior-care software business, to the private equity firm Frazier Healthcare Partners for $490m in cash. The deal lets the medical-device maker part with a unit it had owned for years to focus on the machines that remain its core. MatrixCare is a decent-sized business in its […]

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OpenAI wins US clearance for a broad GPT-5.6 rollout after weeks of government testing

OpenAI has been cleared to release its most advanced model widely, after the US government signed off on a broader rollout of GPT-5.6 that had been held back for weeks under Washington’s new oversight regime for frontier AI. Until now the model had been available only through a restricted preview to about 20 partners whose names were […]

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Perplexity signs up for Nvidia’s Vera CPU as the chipmaker pushes past AI accelerators

Perplexity has become one of the first big AI names to say it will build on Nvidia’s new Vera CPU, the general-purpose chip Nvidia is betting can carry it beyond the accelerators that made it the world’s most valuable company. The AI search firm said it plans to run its agent workloads on Vera, joining […]

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Amazon returns to the bond market for at least $25bn to fund its AI build-out

Amazon has gone back to the debt markets for at least $25bn, its largest bond sale of the year and the clearest sign yet of how much the company is prepared to borrow to keep pace in the artificial intelligence race. The offering is split across eight tranches with maturities running from 2029 out to […]

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Samsung will launch its new wide foldable on July 22nd

Samsung has announced that its next Galaxy Unpacked launch event will be held on July 22nd, with the tagline: “A new shape unfolds.” It’s long been rumored that Samsung is about to expand its foldable phone line to a third format, with a shorter and wider version of its big book-style foldables, to match Huawei’s […]

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