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.
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.
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%.
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.
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.
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'.
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.
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.
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.
Flo Health's new perimenopause suite targets an 80M-user base with symptom scoring, timeline tracking, and relief options. A Wakefield survey found most women feel less prepared for perimenopause than ...
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.