The European Union’s energy chief has told the AI industry it is welcome in Europe, but only on the bloc’s terms. In an interview with Politico, Energy Commissioner Dan Jørgensen said companies must demonstrate commitment to the EU’s energy, climate, a…
Midjourney, the company best known for turning text prompts into images, has announced something it has never made before: hardware. And not a phone case or a pair of glasses, but a full-body medical scanner. At an event in San Francisco on June 17, fo…
Prem AI, a Swiss startup that helps hedge funds and law firms run AI models on their own infrastructure, is raising $100 million in a Series A at a valuation of at least $500 million. The company expects to close the round in the third quarter. CEO and…
A London-based startup founded by a former Palantir healthcare executive who worked in scores of NHS hospitals during Covid has raised £9.7m in a funding round.The funding round in Frontier Health was…
China’s ‘618’ shopping festival, the mid-year sales event named for 18 June and now stretched across several weeks, has become two things at once this year: a showcase for how thoroughly AI has been threaded through online retail, and a reminder of how…
ECB President Christine Lagarde warned on Wednesday that artificial intelligence could trigger dangerous financial crises and called for global AI governance modelled on the Cold War-era non-proliferation agreements that kept the world safe from nuclea…
Telepatia, an AI clinical assistant built for Latin American healthcare, has raised $33 million in a Series A led by Andreessen Horowitz. The company wants to reach half of the region’s 1.9 million doctors by the end of 2027. Total funding is now $42 m…
China’s top diplomat Wang Yi announced on Wednesday that Beijing is “accelerating the establishment of a global AI cooperation organization” and invited all countries to join. The comments came as the G7 summit in France wrapped up with discussions abo…
Apple investors are losing patience with the company’s AI strategy. The stock is coming off its worst week since February after the annual Worldwide Developers Conference failed to convince Wall Street that a long-promised upgrade cycle is any closer t…
Anthropic CEO Dario Amodei and Google DeepMind’s Demis Hassabis used a closed-door lunch at the G7 summit on Wednesday to call for a US-led coalition that would shape international rules and standards for artificial intelligence, according to two peopl…