The finanzen.net Group, parent company of neo-broker finanzen.net ZERO, has acquired Vickii, a German startup specializing in artificial intelligence for investments. The acquisition aims to integrate Vickii's technology into the existing platform, improving decision-making support for investors.
Flush with cash, SK Hynix is establishing a new division focused on AI solutions. The Korean company aims to capitalize on the current AI hype, although operational details of the new entity are still scarce.
Anthropic's Dario Amodei and OpenAI's Sam Altman spoke out against ICE enforcement tactics following Minneapolis violence, with one addressing concerns publicly and the other in an internal message.
Apple and Nvidia are reportedly considering using Intel to produce some of their chips in the U.S. The decision is said to be motivated by geopolitical issues and tariffs, but it remains to be seen which products Intel will actually be able to manufacture.
Anthropic CEO Dario Amodei has published a lengthy essay on the potential risks of superintelligent artificial intelligence, raising questions about the need for industry regulation.
Sam Altman admitted that OpenAI is 'dramatically slowing down' hiring as the company faces increasing financial pressure. An internal memo signals the need for urgent fixes to ChatGPT, while analysts warn of a potential cash crunch. The company is exploring new revenue streams, including advertising.
The UK government is investing heavily in AI for law enforcement, allocating millions of pounds for live facial recognition (LFR), a new Police.AI unit, and a bespoke legal framework. The aim is to reform law enforcement through the intensive use of advanced technologies.
Peter Carlsson, former CEO of Northvolt, described raising funds for his new startup, Aris Machina, as "emotionally tough" following the collapse of the Swedish battery maker. Aris Machina leverages AI to optimize manufacturing processes. Carlsson emphasized the difficulties in reassuring investors after Northvolt's failure.
Masumi Network combines AI and blockchain to create a secure, decentralized environment for AI agents. The goal is to enable agents from different companies to interact and exchange value autonomously, without centralized intermediaries, addressing the challenges of trust and governance in the emerging agent economy.
Funnel, a Stockholm-based marketing intelligence platform, has secured an $80 million debt facility from HSBC Innovation Banking and Hercules Capital. The funding will support the development of advanced AI-driven features and international expansion, aiming to enhance analytics capabilities for marketing professionals.
A White House paper draws parallels between the industrial revolution and the current era of artificial intelligence, positioning the latter as a driving force for economic growth. AI is at the center of US economic strategy, with infrastructure investments increasing the country's GDP. The report highlights how the US is focusing on investment incentives and deregulation to maintain leadership in the sector.
A Gallup survey reveals that the adoption of artificial intelligence in US workplaces is growing, but remains uneven. Usage is concentrated in the technology, finance, and professional services sectors, with lower adoption in customer-facing or manual roles. Many employees are unaware if their company has implemented AI solutions.
Waabi has secured a $750 million Series C round to accelerate autonomous trucking. Additionally, Uber has committed roughly $250 million to deploy 25,000 robotaxis exclusively on its platform.
The cost of APIs for large language models (LLMs) is rapidly decreasing, raising questions about the cost-effectiveness of maintaining on-premise infrastructure. Privacy, latency, and customization remain key advantages, but hardware and management costs complicate the picture. We analyze the factors at play to assess the best choice.
The UK's tax collector is budgeting to spend more than £2 billion on new tech deals in the next couple of years. Among the most important contracts, one is set for AWS and another for Capgemini, both to be awarded without competition.
ASML executives predict strong chip demand beyond 2025. The company, a leader in the production of semiconductor lithography systems, expects continued growth in the sector, despite short-term market fluctuations.
Modern Milkman, a UK-based sustainable grocery delivery service, has raised £10 million in a funding round led by Salica Investments. Founded in 2019, the company aims to further develop its logistics platform and expand integrated services for customers, promoting sustainable choices and reducing environmental impact.
The UK's Ministry of Defence has directly awarded a £240.6 million contract to US technology company Palantir to continue to licence and support its data analytics work. The 3-year agreement follows protests in the US over Palantir's contracts with ICE.
SK Hynix has announced a US$10 billion investment to strengthen its presence in the artificial intelligence sector in the United States. The decision comes amid increasing competition and tariff pressures in the global semiconductor market.
b2venture has announced the closing of its Fund V at €150 million, exceeding its hard cap. The fund will support approximately 35 early-stage startups in Europe, focusing on scalable and defensible technologies in deep tech, AI, and robotics. The investment approach is based on long-term collaborations and a network of experienced angel investors.