Geordie AI, a security and governance platform for AIagents, has raised $30 million in a Series A funding round led by Balderton Capital. The round also included participation from Crosspoint Capital,…
BYD has unveiled the Xuanji A3, which it calls China’s first automotive-grade 4-nanometre chip for self-driving vehicles. CEO Wang Chuanfu announced the chip at an event at BYD’s Shenzhen headquarters on 28 May, saying it delivers the lowest power cons…
Anthropic has released Claude Opus 4.8, an upgrade to its flagship AI model that the company says is more honest, more reliable in agentic tasks, and better at catching its own mistakes. The model is available immediately at the same price as its prede…
Welcome to the frenzied world of AI, where a two-year-old startup founded by a 26-year-old can have a company-owned dog, run a 24-hour cafe and raise $106 million about a month after becoming a unicorn.
The 10x engineer is dead. With AI, the most prolific engineers are churning out 46X more code than the rest, according to a new report from Cursor
A leaked report showed the various law enforcement agencies are warning about protests against data centers and AI, saying that these could lead to the rise of “anti-tech extremists” and lead to widespread violence and unr…
A new crop of AI labs are focused on recursive self-improvement — but the goal is proving elusive.
The May estimate is twice the bank’s January figure, and the workforce cuts are already happening at UBS, ABN Amro and HSBC. Morgan Stanley has doubled its forecast for AI-driven job losses across the European banking sector, estimating that as much as…
Wix is laying off approximately 1,000 employees, roughly 20% of its workforce, in the largest round of cuts in the company’s history. CEO and co-founder Avishai Abrahami announced the decision on 28 May in a message posted publicly on X and sent simult…
Meta is on track to dethrone Google as the world’s largest digital advertising business by the end of 2026, according to Emarketer. The market research firm projects Meta’s global net ad revenues will reach $243.46 billion this year, edging past Google…