Confirmed by 2 independent sources. Matt Mullenweg, the co-founder and CEO of Automattic, has been placed on an involuntary paid leave of absence by the company’s board of directors. Chief Financial Officer Mark Davies has been appointed as interim CEO, while Mullenweg retains his seat on the board. In an internal message to employees, Mullenweg […]
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AI market research startup Listen Labs walked away from a signed term sheet for a $125 million Series C round that would have valued the company at $1.5 billion. The sudden move by the voice-based AI firm was driven by ongoing acquisition discussions with CRM giant Salesforce. According to reports, Salesforce has held talks to […]
Continue ReadingA hacker managed to siphon thousands of bitcoins worth approximately $340 million from the Liquid Network, a settlement platform utilized by multiple cryptocurrency exchanges. This security breach ranks as one of the most substantial digital asset thefts recorded this year. Operations were immediately halted as the network, developed by Blockstream, addressed the exploit. The unidentified […]
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French AI lab Mistral AI has successfully raised €3 billion in a Series D funding round, pushing its post-money valuation past €21 billion. Marked as the largest equity fundraising ever completed by a European tech company, the round was led by Samsung Electronics alongside the Scaleup Europe Fund and PSG Equity. The newly secured capital […]
Continue ReadingGoogle has officially shifted the Chrome release schedule from four weeks to a strict two-week cycle across desktop and mobile platforms. This strategic change is primarily driven by the evolving cybersecurity landscape and the acceleration of threats in the artificial intelligence era. By shortening the patch gap, the tech giant aims to deploy critical security […]
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The U.S. government has granted a $1.9 billion loan to NextEra Energy to finance the restoration of an idle nuclear power plant in Iowa. The facility is slated to resume operations to power upcoming artificial intelligence data centers planned by Google in the surrounding area. This initiative highlights a growing trend among tech giants turning […]
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Google Cloud has announced a major partnership with Accenture to establish a joint business group aimed at accelerating artificial intelligence adoption within enterprises. Dubbed the Accenture Gemini Enterprise Business Group, the initiative focuses on deploying specialized forward-deployed engineers directly into organizations to help them build custom AI applications using the Gemini platform. This strategic move […]
Continue ReadingAn academic controversy has erupted after an NYU mathematician accused OpenAI of unfair practices in the race to solve a major theoretical math problem. Tristan Buckmaster claimed that OpenAI leveraged insights from his team’s private research—conducted using various AI models—to rapidly produce its own formal proof for a Millennium Prize problem. OpenAI countered that its […]
Continue ReadingApple is gearing up for its annual product event, which is widely expected to mark a major milestone for the company. All signs point toward the long-awaited entry into the foldable smartphone sector with the debut of the rumored iPhone Ultra, arriving years after similar hardware hit the market from competitors. Alongside the foldable device, […]
Continue ReadingMeta has introduced Muse, a new personal AI agent designed to execute everyday tasks and manage projects for users, ranging from sending emails and booking travel to handling online payments. This rollout represents Meta’s major push beyond traditional chatbots into the era of autonomous AI agents capable of taking real-world actions. However, the launch tests […]
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