Technology

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Brussels strikes deal to thin out AI Act and outlaw nudification apps

Digital Marketing, Europe, Government and policy, SEO Tips, Technology /

After two failed trilogues, Parliament and Council finally landed a compromise that pushes the high-risk compliance deadline to December 2027, lightens paperwork for smaller firms, and writes a long-promised ban on non-consensual intimate imagery into Europe’s flagship AI law. The European Commission confirmed on Wednesday that negotiators from the Parliament and the Council had finally […]

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Silex Microsystems shares soar on Stockholm debut as MEMS foundry IPO clears at SEK 8.9bn EV

Business, Digital Marketing, Insider, SEO Tips, Technology /

The Bure Equity- and Creades-backed pure-play MEMS foundry priced at SEK 81 per share, with the offering oversubscribed several times. Cornerstone investors, including Capital Research, Fidelity, AFA, AP2, AP3, AP4, Swedbank Robur, and Carnegie, took roughly three-quarters of the deal. Silex Microsystems opened sharply higher on its Nasdaq Stockholm debut on Wednesday, with the chipmaker’s […]

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Why Nexus Luxembourg has become a fixture in Europe’s AI calendar

Digital Marketing, Europe, Events, Next Featured, SEO Tips, Technology /

On 10–11 June, the Grand Duchy hosts the third edition of its flagship tech summit, weeks before the EU AI Act’s most consequential provisions enter into force. Here is what the event has become, and why it matters this year in particular. Luxembourg, with a population smaller than Manchester’s and an outsized role in European […]

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Skyroot becomes India’s first space-tech unicorn ahead of June Vikram-1 launch

Digital Marketing, India, SEO Tips, Space, Tech, Technology /

GIC and BlackRock-managed funds anchor a fresh round that more than doubles the company’s 2023 valuation. The round is timed to the planned orbital launch of Vikram-1 from Sriharikota, the first private Indian rocket to attempt the milestone. Skyroot Aerospace, the Hyderabad-based private launch-vehicle developer, has crossed into unicorn territory with a fresh round backed […]

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Moonshot AI’s $20bn valuation seals one of China’s fastest AI funding trajectories

China, Digital Marketing, Investors and funding, Next Featured, SEO Tips, Technology /

Meituan Dragon Ball is leading a $2bn round in the Beijing-based maker of the Kimi chatbot, with China Mobile and CITIC Private Equity Funds participating. The valuation is roughly seven times the figure Moonshot carried sixteen months ago. Moonshot AI, the Beijing-based developer of the Kimi chatbot, is closing a $2bn funding round at a […]

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Lawrence Wong holds the line: AI will not produce jobless growth in Singapore

Artificial Intelligence, Digital Marketing, Government and policy, Next Featured, SEO Tips, Technology /

Singapore’s parliament has pledged that the country will not see jobless growth as artificial intelligence reshapes the economy, Bloomberg reported on Tuesday in coverage citing Channel NewsAsia. The statement reaffirms the position Prime Minister Lawrence Wong took in February during the parliamentary debate on the 2026 Budget, and represents the most explicit commitment a major […]

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Scale AI wins $500m Pentagon contract, five times its previous Defense Department deal

Artificial Intelligence, Digital Marketing, Government and policy, Next Featured, SEO Tips, Technology /

The agreement was signed with the Pentagon’s Chief Digital and Artificial Intelligence Office, the procurement vehicle driving the bulk of US military AI integration spending in 2025 and 2026. Microsoft, Amazon, and Google signed parallel classified-network deals the same week. Scale AI has won a $500m contract from the US Department of Defense, Bloomberg reported […]

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