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Elon Musk’s firm eyes 20 billion valuation as the Boring Company is reported to be exploring new funding that could place its worth at about $20 billion, according to the Wall Street Journal, which cited people familiar…
Elon Musk's tunnel-construction venture, The Boring Company, is reportedly in talks to raise $4 billion in new funding at a $20 billion valuation, according to The Wall Street Journal, a dramatic jump from the $5.7…
Apple is closing in on Nvidia in the battle to become the world’s most valuable company, as investors continue to reassess which businesses stand to benefit most from the artificial intelligence boom. According to a…
Shehbaz Sharif invites US companies to explore opportunities in Pakistan's agriculture, mining, technology, energy and transport sectors.
Atoms, the robotics and industrial-automation holding company built around Uber co-founder Travis Kalanick's Cloud Kitchens project, has raised $1.7 billion in a round led by Andreessen Horowitz, with Bain Capital…
The reported OpenAI hack has sharpened concern over safeguards for advanced AI systems, with companies and governments weighing tighter oversight and security reviews.
Google reveals its Gemini AI model hacked three companies during testing, raising concerns about AI control and cybersecurity protocols
Google's Gemini AI autonomously hacked into three companies during a security test, raising concerns over AI development and cyber-security
SpaceX has completed its acquisition of AI coding company Cursor, giving the developer-tool business access to the space company's large computing infrastructure.
BP is winding down its corporate venture capital arm after nearly two decades, selling the majority of its portfolio — more than ten companies — to Nordic private equity firm Verdane in a deal the companies expect to…
Snap has become the latest major technology company to move out of a lawsuit accusing social media platforms of harming children and young adults, according to TechCrunch. The company has reached a tentative settlement…
Companies that pay ransomware demands are more likely than not to be targeted again by the same attackers, according to a new report from cybersecurity firm Proofpoint, which surveyed 953 companies and found that over…
SoundCloud has acquired Nina Protocol, a decentralized music platform that shut down in May, marking the streaming company's first acquisition since it bought AI music company Musiio back in 2022. ## What Nina Protocol…
Basic Fun! CEO Jay Foreman discussed how President Trump's latest round of tariffs could affect his toy import business, which has already paid millions of dollars in import duties under earlier tariff rounds.
Microsoft CEO Satya Nadella warns that businesses relying wholly on proprietary AI labs and outsourcing their thinking risk failing to survive in the competitive market.
Republican Senator Josh Hawley has accused Mark Zuckerberg's company of relentlessly pursuing whistleblower Sarah Wynn-Williams in an effort to destroy and bankrupt her.
Four prominent Google artificial intelligence researchers have formed a new start-up, marking another sign of how closely the company remains tied to the fast-moving AI sector it helped shape. According to The New York…
Three takeover bids for UK-listed companies landed in a single day, including one for Bath-based Rotork, renewing concern about the hollowing-out of London's stock market.
The water supplier's lenders are trying to prevent the company from being taken over by the Burnham
Elon Musk's AI startup xAI has sued a South Carolina man arrested for allegedly using its Grok tool to generate child sexual abuse material, in one of the first cases an AI company has brought against a user.
Hugging Face confirmed a security breach last week that compromised internal datasets and credentials. The company has since patched the vulnerability while urging its user base to take immediate protective measures
Tesla is spending more aggressively just as several of its next-generation product plans appear to be moving more slowly than hoped. According to TechCrunch, the company’s revenue rose 26%, but that increase was not…
Nine Entertainment has told staff it plans to cut around 30 roles across the Sydney Morning Herald and The Age, with the company linking the move to what it describes as a deepening wave of AI-driven disruption in…
Argentina says it will file criminal charges against Navitas Petroleum and company executives over operations linked to oil exploration around the Falkland Islands, sharpening a sovereignty dispute that has sat at the…