Bangalore-based Avataar AI has launched Varya, one of India’s first homegrown video AI models. It generates video at roughly $0.005 per second, or 0.48 rupees. Founder Sravanth Aluru, a former Deutsche Bank investment banker and Microsoft and IIT Mumba…
SpaceX rented its Colossus 1 data centre to Anthropic not because it had surplus capacity, but because it could not make the facility work for its own AI models. Bloomberg reported on Friday that SpaceX encountered latency issues when trying to connect…
London Tech Week wrapped its 12th edition this week, after three days of main-stage programming at Olympia from 8 to 10 June, with fringe events running across the city through Friday. The festival drew more than 30,000 people from over 130 countries, …
Spotify is adding short-form videos from its editorial team to New Music Friday, its flagship weekly playlist for new releases. The videos feature Spotify’s curators sharing their picks, spotlighting rising artists, and explaining the stories behind so…
Mozilla built an AI kill switch into Firefox after its users demanded one. Only 1% have used it. Another 3% turned off some AI features selectively. The rest left everything on. CEO Anthony Enzor-DeMeo says the point is not the percentage but the choic…
Google filed a lawsuit on Friday to dismantle the infrastructure behind a Chinese cybercrime operation called Outsider Enterprise. The group used AI, including Google’s own Gemini, to generate phishing websites and send scam text messages impersonating…
The head of the International Monetary Fund warned on Wednesday that advanced AI models like Anthropic’s Mythos “can be used to destroy the financial system” if they fall into the wrong hands. IMF Managing Director Kristalina Georgieva made the comment…
The music industry descended on New York this week for Indie Week and a flurry of parallel gatherings. The conversations kept circling back to the same handful of anxieties: generative AI, streaming fraud, underpaid songwriters, and the organisations m…
Elon Musk is now worth more than $1 trillion. The SpaceX IPO, which priced 555.6 million shares at $135 each on 12 June, valued the company at roughly $1.77 trillion and pushed Musk past a threshold no individual has ever crossed. His SpaceX stake alon…
SpaceX’s satellite internet service had 10.3 million subscribers at the end of the first quarter of 2026, more than double the 4.4 million it reported a year earlier. That growth rate is extraordinary by any standard in telecommunications, let alone fo…