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Uber acquires rival Fly Taxi in Hong Kong, Sing Tao reports

Uber has acquired the main remaining alternative taxi-hailing app in the city. Acquired five months before Hong Kong’s new ride-hailing licences are expected to come into force, the move locks in Uber’s consolidated position before competitors Didi, Tada and Amap can use the licensing transition as an opening. Uber is acquiring Hong Kong’s Fly Taxi, […]

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Anthropic’s Mythos is moving between governments faster than regulators can agree on what to do with it

Anthropic’s most controversial product has spent its first three weeks moving between state actors who cannot agree on whether it is theirs to use, theirs to block, or someone else’s problem entirely. On Wednesday morning, an unnamed Trump administration official told the Wall Street Journal that the White House opposed Anthropic’s plan to expand access […]

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Anthropic’s Mythos is moving between governments faster than regulators can agree on what to do with it Read More »

OpenAI president says AI is now writing 80% of the company’s code

Greg Brockman’s comments at Sequoia’s AI Ascent 2026 conference fit a pattern of AI lab leaders citing self-reinforcing productivity numbers, but the underlying evidence on AI coding productivity remains substantially more contested than the headline figure suggests. OpenAI president Greg Brockman said AI is now writing roughly 80% of the company’s code at Sequoia Capital’s […]

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OpenAI president says AI is now writing 80% of the company’s code Read More »

AI integration demands integrity, not just innovation: Amy Trahey on building accountability into an AI-driven world

Artificial intelligence has already embedded itself into the rhythms of modern life, shaping decisions in ways that often go unnoticed. Amy Trahey, founder of Great Lakes Engineering Group, believes that integration is exactly what makes it powerful and, in many cases, risky. From her perspective in engineering, she sees AI as something that directly influences […]

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AI integration demands integrity, not just innovation: Amy Trahey on building accountability into an AI-driven world Read More »

Musk calls himself ‘a fool’ on the stand as OpenAI’s lawyer dismantles his nonprofit narrative

The tense day three of Musk v. Altman saw OpenAI’s lead attorney William Savitt use Musk’s own emails, pledge shortfalls, and Shivon Zilis texts to argue the lawsuit is a competitive grievance dressed as a charitable principle. Elon Musk called himself “a fool” for funding OpenAI, accused its leadership of “looting the nonprofit,” and clashed […]

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Musk calls himself ‘a fool’ on the stand as OpenAI’s lawyer dismantles his nonprofit narrative Read More »

Nvidia B300 servers sell for $1 million in China, nearly double the US price

Prices have surged from roughly 4 million yuan late last year to 7 million yuan ($1 million) today, driven by the Supermicro co-founder’s arrest, tighter enforcement, and voracious demand from Chinese AI companies unwilling to hold restricted hardware on their own books. NVIDIA’s B300 AI servers are now selling in China for approximately 7 million […]

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Nvidia B300 servers sell for $1 million in China, nearly double the US price Read More »

More banks join SoftBank’s $40 billion OpenAI loan as syndication enters soft-launch phase

HSBC, BNP Paribas, and Intesa Sanpaolo are among eight institutions that have submitted commitments as sub-underwriters, in one of the largest tests of creditor appetite for AI-linked debt. The $40 billion bridge loan SoftBank signed in March to fund its investment in OpenAI is attracting more lenders, with at least eight banks now having submitted […]

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More banks join SoftBank’s $40 billion OpenAI loan as syndication enters soft-launch phase Read More »

NVIDIA and Atlassian back Legora’s $600m Series D in a $50m extension that values the legal AI startup at $5.6 billion

The Stockholm-founded company, which crossed $100m in ARR in 18 months, has now raised $866m in total, and Nvidia’s entry marks the chip giant’s first investment in legal tech. Legora has added $50 million to its Series D round, bringing the total to $600 million and maintaining its $5.6 billion valuation, the company exclusively told […]

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NVIDIA and Atlassian back Legora’s $600m Series D in a $50m extension that values the legal AI startup at $5.6 billion Read More »

Social media scams cost Americans $2.1 billion in 2025

New FTC data published Monday show that nearly 30% of all reported scam losses last year began on social media. Investment scams alone cost $1.1 billion. Shopping scams were the most frequently reported. Romance scams started on social media in 60% of reported cases. All age groups except the over-80s lost more to social media […]

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Social media scams cost Americans $2.1 billion in 2025 Read More »

The world’s largest EV battery maker is raising $5 billion in Hong Kong

The world’s largest EV battery maker priced its Hong Kong listing at HK$263 in May 2025. Its shares touched HK$701 before the placement was announced. The deal builds on a week of shareholder activity: a Sinopec unit sold $770M of CATL stock at HK$708 on 22 April; a Shenzhen block trade of 58 million A-shares […]

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The world’s largest EV battery maker is raising $5 billion in Hong Kong Read More »

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