South Africa pulled its draft AI policy after News24 found fake citations in real journals. Minister Malatsi called it an "unacceptable lapse." The policy meant to govern AI was undermined by it.
OpenAI dismissed a WSJ report on missed targets as clickbait. Investors responded by selling Oracle, CoreWeave, SoftBank, and chip stocks. The real question is whether $600B in commitments still works ...
Musk told jurors his OpenAI lawsuit is about protecting charitable giving, not personal gain. He renounced financial benefit and seeks forced reversion to nonprofit. OpenAI says he wanted control.
Christopher Gray built Scholly to help students find scholarships. After Sallie Mae acquired it, he says they fired him for objecting to selling users' personal data, including minors' information.
Opening arguments in the Musk-Altman trial revealed each side's strategy. Musk's lawyer: "they stole a charity." OpenAI's: "he quit and sued when they succeeded." Musk testified first.
TL;DRAWS launched AI-powered business applications, Connect Decisions for supply chain, Connect Talent for recruitment, joining Connect Health from March, entering the $300B SaaS market against ...
True Anomaly raised $650M four days after being selected for Golden Dome space-based interceptor prototypes. The programme could cost $185B to $3.6T. The Space Force says it might not build it.
AWS begins selling OpenAI models one day after Microsoft ended exclusivity. Amazon invested $50B in OpenAI, but the WSJ reports missed revenue targets and $25B cash burn in 2026.
Venture capital is moving beyond software as deep tech, AI, and physical-world innovation redefine long-term value creation and investment strategy.
Freepik rebrands as Magnific, unifying its AI creative platform under one name. $230M ARR, 1M+ paying subscribers, bootstrapped and profitable.
Revolut is opening its first physical store in Barcelona, due by 2027. The permanent space will pilot a retail model the fintech plans to replicate globally.
True Anomaly, the startup building autonomous satellites has raised $650M weeks after being selected for Golden Dome’s space interceptor programme.