Closing arguments in Musk v. Altman wrapped on Thursday in Oakland, with jury deliberations beginning Monday. Up to $134bn in disgorgement and OpenAI's structure are at stake.
Jumia is cutting another 10% of staff, citing AI workflows. The company has now shed more than half its workforce since 2022. Q4 profitability is the deadline.
Multiverse raised $70m at a $2.1bn valuation in a Schroders Capital-led round, citing 50% YoY revenue growth, its January StackFuel acquisition and an ambition to become Europe's AI adoption platform.
Samsung offered unconditional union talks on Friday. The NSEU said yes, on 7 June, three days after its 18-day strike ended. Shares fell as much as 7.6%.
Former Amazon and Meta researchers launch Graphon AI with $8.3M seed round. The startup builds a relational data layer that sits before the model, backed by Perplexity Fund and Samsung Next.
Figma beat estimates across the board with $333.4M in Q1 revenue. More than 75% of power users opted to pay for AI credits after free limits were enforced. Stock jumped 8% after hours.
Retail traders dumped $82M in Palantir stock as they rotated into memory chips, while Germany excluded the company from its defence cloud. Karp calls the debate 'witchcraft'.
Ex-Meta and DeepMind researchers raised $650m at a $4.65bn valuation for Recursive Superintelligence, a startup betting AI ...
Joshua Kushner's Thrive Capital, backer of OpenAI and SpaceX, takes a $100M stake in Shopify as the stock sits 40% below its year-to-date high. The bet: AI will reshape commerce.
OpenAI says Apple buried ChatGPT inside Siri and never promoted it. Now its lawyers are working on breach-of-contract options as Apple opens iOS 27 to Claude and Gemini.
Polestar's CEO says high fuel costs have made EVs 'all about money'. EU registrations jumped 51% in March, but the company's own Q1 loss widened to $383 million.
Carta acquired UK law firm Avantia to launch Carta Law, embedding AI-native legal and compliance into its private capital ERP. Fourth acquisition since October 2025.