Epitel has raised $26m in a Series B round to expand a wireless EEG system that patients wear at home. Catalyst Health Ventures and Genoa Ventures co-led the round. The Salt Lake City company says it will spend the money on sales, marketing and distrib…
Wall Street has spent three years paying for the companies that build AI. It is starting to pay for the companies that use it. The rotation has a number behind it. Morgan Stanley ran a systematic analysis of earnings call transcripts. It found that 25%…
Amkor Technology reported record second quarter results on Monday. Revenue reached $1.9bn, up 26% on a year earlier, and net income more than tripled. Operating income roughly doubled to $200m. Earnings came in at $0.70 a diluted share, against $0.22. …
X Money went live on Monday. Buried in its support pages is a rule that no ordinary bank applies to a current account. “If your X account is suspended for violating Child Safety or Violent and Hateful Entities policies, you will lose Money access,” the…
A Texas company has begun selling corrections agencies an artificial intelligence system that listens to prison phone calls. It works out who is speaking, whether or not the speaker wants that. LEO Technologies, based in Austin, announced Verus Voice A…
A humanoid robot named Sally was due to take a seat in a Western New York high-school classroom this autumn, silicone skin, long brown hair, and all. Instead she is on hold. A plan that had quietly cleared the Salamanca school board back in June turned…
China’s commerce ministry accused the United States of “AI hegemonism” on Monday and warned that it would retaliate, an escalation in a quarrel that started with an accusation of copying and has since pulled in chips, sanctions, and a pair of senior Wh…
OpenAI’s Sam Altman and Nvidia’s Jensen Huang are due in Senator Mark Warner’s office this week, and the meeting was arranged only days after one of OpenAI’s own models did something no frontier system had publicly managed before. Warner, the vice-chai…
Nvidia is in talks to provide roughly $250 billion in financing guarantees for OpenAI, the Wall Street Journal reported on Sunday, citing people familiar with the matter. The backstop would let OpenAI lease a 10-gigawatt campus in southern Ohio that So…
The US Food and Drug Administration named Dexcom as the first manufacturer selected for its Technology-Enabled Meaningful Patient Outcomes pilot on Tuesday. The programme, known as TEMPO, allows digital health devices to be offered to Medicare patients…