Commercial EV distributor Range Zero announces three deals, including one with Hyundai’s fuel cell truck company to help boost adoption of electric commericial vehicles.
NEURA Robotics is buying a company that makes cleaning robots, and says it wants to replace their brains. The German firm is acquiring 100% of Adlatus Robotics, an Ulm maker of autonomous cleaning and sweeping machines. It announced the deal on Monday,…
Oura is targeting a September listing that would raise up to $3bn and value the smart ring maker at more than $16bn, according to Bloomberg, several months after the Finnish company filed confidentially for a US IPO. The mark would be a sharp step up f…
Luke Metz has joined Meta Superintelligence Labs, seven months after rejoining OpenAI. A source familiar with the matter confirmed the hire to Axios. Ina Fried reported it on Monday. Metz starts this week and reports to Alexandr Wang, who runs Meta’s A…
Alibaba’s two most senior executives bought about $15.3m of their own company’s shares on Monday. The stock had just fallen further than at any point in more than a year. Chairman Joe Tsai and chief executive Eddie Wu spent a combined HK$120m, accordin…
Owl & Co’s $150 billion vertical video forecast shows distribution, not production cost, is the real advantage as platforms capture 94% of the market.
Texas governor Greg Abbott says data centre companies brought the backlash on themselves. “They basically dug their own grave for the problem that’s been caused for them,” he told ABC’s Jonathan Karl on Sunday. “And that’s why they got the backlash the…
Thanks to a dwindling supply of open roles, “one-click” applications, and the rise of artificial intelligence, it’s easier than ever to apply for a job. We’re all paying the price.
Sam Altman says the industry has been too ambitious on AI timelines. He counts himself among the people who got it wrong. The OpenAI chief executive said so to the podcaster David Senra, in an episode released on Sunday. He was answering a question abo…
Dr Dre says he is using AI in the studio, and that he does not see it as a threat. The producer said so in an interview with the New York Times, published on Sunday. His longtime business partner Jimmy Iovine sat alongside him and went further. “I thin…