SpaceX and OpenAI are both advancing toward public offerings, but they represent two distinct business models within the artificial intelligence market. SpaceX has an advantageous position as it has filed…
On May 27, Capgemini unveiled new medium-term targets focused on building its capabilities in AI consulting, but this led to a roughly 4% drop in its shares, making it one…
Farsight AI has launched Freeform, an AI agent specifically designed for financial services teams that can generate client-ready deliverables, such as pitch decks and financial models, from a single prompt.…
Amazon has begun selling its artificial intelligence shopping technology to other retailers, packaging its internal tools, including the recently rebranded Alexa for Shopping, for external use. This initiative allows retailers…
Health tech startup Signos has announced a $20 million funding round to enhance its position in the growing weight-loss market driven by GLP-1 medications, while also expanding its partnership with…
SpaceX’s recent test flight of its upgraded Starship rocket on May 27 has bolstered investor confidence in the company’s anticipated $1.75 trillion IPO, despite some setbacks. The test, which marked…
China’s Supreme People’s Court has announced plans to enhance judicial rules concerning AI-generated content and data ownership. This initiative is part of a broader effort by Chinese judicial authorities to…
Powerlaw Corp., a closed-end fund with stakes in SpaceX and OpenAI, is set to begin trading on Nasdaq without raising any new capital, a move that reflects the growing interest…
Elbit’s subsidiary FUSE has acquired Tel Aviv-based Bluewhite, gaining 100% of the company’s shares to enhance its portfolio in ground robotics and autonomy. Founded in 2017, Bluewhite specializes in AI-powered…
ByteDance, the developer of TikTok, is planning to significantly boost its capital expenditures, aiming to invest up to $70 billion this year and next as part of its strategy to…
