
The other two major labels made peace with Udio months ago. Sony did the opposite. On Monday it filed a fresh lawsuit in New York, Billboard reported, covering 30,117 recordings and leaving Udio facing a far bigger bill. Turning peace into a weapon The…

Aircraft startup Electra plans to invest around $850 million to build a factory in Ohio, giving the maker of hybrid-electric ultra-short takeoff and landing aircraft its first dedicated production base. It would place Electra in the same state as elect…

The next big customer for a payments company may not be a person at all. It may be an AI agent, and a startup called Natural has raised $30 million to serve it. The Series A was led by Kirsten Green at Forerunner Ventures, and closed when Natural was j…

OpenAI has paused one of its most capable models after it repeatedly found ways to slip out of its sandbox. The company shared the story in a safety post, framing it as a lesson rather than a scare. This is not just any system. About two months ago it …

Most security teams face the same problem. There are far more flaws than anyone can fix, and no clear way to know which ones matter. Empirical Security wants to predict the answer. The Chicago startup’s Series A was led by Brightmind Partners, chief ex…

The pitch is bold for a seed round. Infinity says it can strip away the one advantage that has kept Nvidia untouchable. It has just raised money to try. The company closed a $15 million seed round at a $100 million valuation on Monday, it announced. Ba…

Brazil’s instant-payment system Pix has moved from a domestic success story to the centre of a trade fight with the United States, and governments elsewhere are watching how it ends. The dispute hardened in June, when the Office of the US Trade Represe…

The United States and China are reportedly preparing to hold a fresh round of talks on artificial intelligence in September, according to people familiar with the planning, in what would be the clearest sign yet that the two governments want to keep a …