10 results on this page
Shanghai has introduced a five-year plan to accelerate its digital economy and compete more effectively with Beijing and Shenzhen. The strategy emphasizes blockchain adoption across finance, shipping, logistics, and green industries, alongside stronger AI infrastructure.
Milan-based AI company Domyn raised roughly $1.1 billion, making it one of the largest financings ever announced by a European AI company. About 90% of the financing is debt and only around 10% is equity, making the capital structure the central story.
Eagle Point Credit Management is providing about $1.3 billion to help build a large Texas data center that will house Anthropic. The loan is part of a much larger financing package supporting the infrastructure behind the AI boom.
OpenAI’s Private Safety Processing is designed to detect abuse across multiple interactions without requiring customers to hand over their data. The approach preserves Zero Data Retention and contrasts with Anthropic’s stated 30-day retention requirement.
Kuaishou is spinning out its Kling AI video-generation model into a separately financed company, attracting investment from Tencent, Alibaba Cloud, Baidu, and other institutions at an implied valuation of $18 billion. Kling has surpassed 100 million global users and nearly 50,000 enterprise customers, but continues to generate substantial losses because of compute costs.
ChatGPT's latest Mac update integrates with Apple Messages, allowing users to bring conversations from Apple's messaging app into the AI assistant. The feature expands ChatGPT's access to personal communication workflows on macOS.
The US Trade Representative’s reference to “digital trade alignment” in talks with Prime Minister Mark Carney’s government is raising concerns in Canada. Critics worry the agreement could limit Canada’s ability to independently regulate technology companies and AI.
The European Commission appears to be moving away from imposing exceptionally large fines on major technology companies and toward compliance-focused dialogue. Critics warn that this softer approach could allow dominant platforms to further entrench their market power.
Gemini Live can now start Deep Research reports through voice commands. It can work on reports in the background and let users discuss the findings when they are ready.
Meta has launched a dedicated AI assistant app for Mac. It can analyze shared windows, provide dictation across apps, and support creative and productivity tasks.