Crusoe reportedly in talks to raise $3 billion, tripling its valuation
Crusoe reportedly in talks to raise $3 billion, tripling its valuation

Crusoe is reportedly in talks to raise about $3 billion in a new funding round that could triple its valuation to roughly $30 billion, according to Bloomberg News, which cited people familiar with the matter.  Crusoe did not respond to a request for co…

Dutch military backs Intelic’s drone software with tens of millions of euros
Dutch military backs Intelic’s drone software with tens of millions of euros

The three-year deal aims to let drones from different manufacturers operate under one command system, a lesson the Netherlands says it has drawn from Ukraine. The Netherlands’ Ministry of Defence is putting tens of millions of euros into Intelic, a Dut…

EU lawmaker who investigated spyware abuse was hacked with Pegasus
EU lawmaker who investigated spyware abuse was hacked with Pegasus

Stelios Kouloglou spent two years on the European Parliament committee set up to investigate governments spying on their own citizens with commercial hacking tools. According to a report published Friday by Citizen Lab, the University of Toronto resear…

Zuckerberg says Meta’s AI agent progress is slower than expected
Zuckerberg says Meta’s AI agent progress is slower than expected

Mark Zuckerberg told Meta employees on Thursday that the company’s AI agents have not progressed as quickly as he expected, four months after a restructuring that was supposed to speed things up. “The kind of trajectory of the agentic development over …

Anthropic is in talks with Samsung to manufacture a custom AI chip
Anthropic is in talks with Samsung to manufacture a custom AI chip

Anthropic is in talks with Samsung Electronics to explore manufacturing a custom AI chip, The Information reported on Thursday. The project remains at an early stage, and Anthropic has not yet decided what the chip would be used for, how powerful it wo…

Microsoft launches a $2.5 billion AI deployment business with 6,000 engineers
Microsoft launches a $2.5 billion AI deployment business with 6,000 engineers

Microsoft announced a new operating business called Microsoft Frontier company on Thursday, backed by a $2.5 billion investment and 6,000 industry and engineering experts. The venture is focused on delivering enterprise AI deployments using Microsoft’s…

Google loses final appeal over record €4.1 billion EU Android fine
Google loses final appeal over record €4.1 billion EU Android fine

The Court of Justice of the European Union has dismissed Google’s final appeal against a €4.1 billion antitrust fine, ending an eight-year fight over how the company built Android into a vehicle for its search and browser dominance. The ruling, handed …

Nvidia offers AI startups compute now, payment later
Nvidia offers AI startups compute now, payment later

Instead of just selling chips, Nvidia is offering AI clouds a revenue-sharing and credit-support model built to get GPUs into the hands of companies that could not otherwise afford them. Nvidia is changing how it gets paid. The company announced on Wed…

US in talks with AI companies over voluntary standards for new models
US in talks with AI companies over voluntary standards for new models

The US government is negotiating voluntary standards with AI companies covering how new models get released, according to the Financial Times, with an announcement said to be possible within the next week. The standards would reportedly set benchmarks …

Super Micro says two Taiwan staff detained in probe involving its AI servers
Super Micro says two Taiwan staff detained in probe involving its AI servers

Taiwanese court has ordered the detention of two Super Micro employees as part of a widening investigation into whether AI servers built with Nvidia chips were illegally routed to China. The Keelung District Court detained the pair, identified in Taiwa…