SK Hynix will spend 80 trillion won, or roughly $51.46 billion, building a new NAND flash memory factory in Cheongju, South Korea, with production targeted to begin in the first half of 2029. Chief executive Kwak Noh-jung announced the plan at an event…
Visiblie, the Belgian startup helpingbusinesses improve their visibility in AI-powered search, has raised €500,000through a convertible loan funding round to support growth in the SME marketand accele…
BidScript, anAI-native tender management platform that helps businesses find, manage andsubmit bids for public and private sector contracts, has raised $800,000 in itslatest funding round, taking its …
Together AI has raised 800 million dollars in a Series C round led by Aramco Ventures, valuing the company at more than eight billion dollars. The round also drew Vista Equity Partners, General Catalyst, Emergence Capital, Nvidia, March Capital, Pegatr…
SpaceX showed investors a prototype of a handset-like AI device before its record IPO, according to The Wall Street Journal. The prototype is reportedly slimmer than an iPhone, runs on a proprietary operating system, integrates technology from xAI, and…
Ashton Kutcher is leaving Sound Ventures, the firm he co-founded with Guy Oseary 11 years ago, to start a new venture capital firm with Morgan Beller, according to TechCrunch. The new firm will target early-stage investments in AI infrastructure, energ…
Every summer the world’s most powerful central bankers decamp to a hillside town outside Lisbon to argue about the economy in relative calm. This year the argument had a single organising subject, and it was not inflation in the usual sense. It was art…
A country of just over 10 million people now has a large language model that speaks its own version of the language. Portugal has released Amália, its first national AI model built specifically for European Portuguese, and it has done so in about the m…
This article is brought to you by Melbourne Convention Bureau (MCB) supported by Business Events Australia.As artificial intelligence accelerates global demand for compute, a parallel constraint is emerging with equal urgency: energy.From hyperscale d…
Palantir has a new enemy, and it is the way most of the AI industry makes money. Its nine-point manifesto tells institutions to hoard their data, own their model weights, and stop “tokenmaxxing.” It is a pitch dressed as a principle. On Tuesday, Palant…