Proception, a robotics startup founded by former Tesla Optimus engineer Jay Li, has settled a year-long trade secret lawsuit with Tesla and raised an $11 million seed round led by First Round Capital to build dexterous robotic hands. The company told T…
Enterprise investment in AI is booming. Gartner is calling 2026 an “inflection year” for organizations to align their AI projects with strategic business objectives. As the pressure to prove ROI mounts, executives and technology leaders are looking to agentic AI to drive the measurable financial outcomes their businesses seek. A prime opportunity for AI agents…
Google is adding SandboxAQ’s ‘large quantitative models’ to its cloud marketplace, pairing Gemini with AI trained on scientific equations and laboratory data. The large language models that power most of the AI industry are very good at words and surpr…
Momenta is heading to the public markets. The self-driving software firm has opened its Hong Kong IPO, seeking up to $752mn to pour into AI research and robotaxis. The Momenta IPO would value the GM-backed company at close to $9bn. The Suzhou-based com…
Most people call them automated licence plate readers, or ALPRs. They sit beside roads and log every car that passes. Flock Safety dominates the market. Engadget reports that Flock makes the vast majority of the 100,000-plus readers now blanketing the …
South Korea has placed its biggest bet yet on the AI era. The plan commits at least $880bn over a decade to chips, data centres and robots. It is the boldest South Korea AI investment to date, and the government says speed is now the only way to surviv…
China’s AI sector is not short of cash. If anything, American pressure is pumping more in. DeepSeek shows the pattern best. The Hangzhou lab closed a $7.4bn round, the biggest first-time raise by a Chinese startup, at a valuation above $50bn. It had ru…
Patience has a price, and someone else is paying it. OpenAI may wait until 2027 to go public. The wait is meant to buy a bigger number. OpenAI is weighing a listing as late as 2027, Bloomberg reported. That timeline could see it go public after its riv…
For 20 years, marketing meant one thing: rank on Google. That deal is breaking. A Berlin startup has just doubled its valuation on a bet about what comes next. Peec AI is in talks to raise new funding at a pre-money valuation of $200M, Sifted reported,…
A settlement is the sound a lawsuit makes when it stops. For Tesla, one just went quiet. The far louder problem, a federal safety investigation, is still talking. Tesla has settled a lawsuit tied to a fatal 2023 crash involving its Full Self-Driving (S…