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SoftBank lines up a new $60bn bond to keep its OpenAI bet funded

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Sixty billion dollars is a lot of bond, even by SoftBank Group’s standards. The Japanese conglomerate is reportedly preparing to raise up to that much in fresh debt, according to Bloomberg, a target that would eclipse anything Masayoshi Son’s firm has sold before and that lands squarely behind its swelling bet on OpenAI. The plan […]

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Databricks hits $188bn valuation in Coatue-led round, landing above its own $175bn talks

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$188bn is a large number for a company that keeps insisting it is in no rush to go public. That is the valuation Databricks has reached in a new funding round led by Coatue Management, a figure first reported by the Wall Street Journal. The mark sits well above the up-to-$175bn the firm was reportedly in […]

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Xi tells World AI Conference no single country should monopolise AI

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Xi Jinping told the World AI Conference in Shanghai on Friday that artificial intelligence “should not be a solo performance by a single country, but a symphony of international cooperation,” casting Beijing as the patron of open, shared technology. The line, aimed at the developing world and, by implication, at Washington, set the tone for a speech […]

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1Password lets Claude log you into websites without ever seeing your passwords

Anthropic, Data and security, Digital Marketing, Next Featured, SEO Tips, Technology /

1Password has launched a browser integration that lets Anthropic’s Claude use stored credentials to complete tasks on the web without the passwords ever reaching the AI model, according to a blog post published on Thursday. The company calls it a zero-exposure architecture: when Claude needs to sign in, 1Password shows the user which credential is […]

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The EU is forcing Google to open Android to rival AI and share its search data

Android, Artificial Intelligence, Digital Marketing, Europe, Google, Next Featured, SEO Tips, Technology /

Google will have to let rival AI assistants run on Android the way its own Gemini does. It must also hand some of its search data to competitors. The European Commission set out both requirements on Thursday. The two decisions fall under the EU’s Digital Markets Act (DMA), the Commission said. The law forces “gatekeeper” […]

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29 countries sign a treaty to establish the World AI Cooperation Organization

Artificial Intelligence, Business, Digital Marketing, Europe, Next Featured, SEO Tips, Technology, United States /

Twenty-nine countries signed an agreement on 16 July to establish the World AI Cooperation Organization (WAICO), Reuters reported. China says the intergovernmental body aims to promote international cooperation and global governance in AI. China’s foreign minister, Wang Yi, signed on behalf of Beijing. UN Secretary-General António Guterres attended the ceremony. The founding members include Russia, […]

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Fireworks raised $1.5bn on a bet that companies will build AI, not rent it

Artificial Intelligence, Deep tech, Digital Marketing, Next Featured, SEO Tips, Startups and technology, Technology, United States /

The AI economy has run on a simple habit: rent a model from a big lab. Fireworks just raised $1.5bn to argue the opposite, that every company will build intelligence of its own. The Series D values the San Mateo startup at $17.5bn, it said. Atreides Management, Index Ventures, and TCV led the round. Nvidia, […]

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Oak raised $60M to give every user, machine, and AI agent one identity system

Artificial Intelligence, Digital Marketing, Middle East, Next Featured, Security, SEO Tips, Startups and technology, Technology /

Most companies still cannot say who, or what, has access to their systems at any given moment. Oak, an Israeli startup, has raised $60M to fix that, and it is betting AI agents make the problem urgent. The company came out of stealth with the seed round, it said. Its aim is an “identity operating […]

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Anthropic and Blackstone bet the next fortune in AI is implementation, not models

Anthropic, Artificial Intelligence, Digital Marketing, Next Featured, SEO Tips, Startups and technology, Technology, United States /

The race in AI has been about who builds the best model. A new company backed by Anthropic thinks the real money sits elsewhere: in getting those models to actually work inside big companies. That company is Ode with Anthropic, and it launched under its full name this week, the partners said. Anthropic, Blackstone, and […]

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An F1 aerodynamicist just raised $55m to teach factory robots, using footage of people doing chores

Digital Marketing, Next Featured, robots, SEO Tips, Startups and technology, Technology /

Bercan Kilic got his dream job in 2023, designing aerodynamics for Red Bull Racing while it was winning everything. He found the engineering magnificent and the point of it thin. His Munich startup, microagi, has now raised $55m, which it says is the largest seed round a German company has secured. Hummingbird led, with Northzone, […]

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