SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw.
Bumble’s paying users are slipping as it bets on an overhaul later this year
The company is making a big bet that the swiping model is outdated and most matches never turn into actual dates. The company wants to fix that by redesigning profiles, changing how people interact, and focusing a lot more on getting users to meet in real life.
Altara secures $7M to bridge the data gap that’s slowing down physical sciences
Altara’s AI aims to diagnose failures and help speed up R&D by unifying data siloed across spreadsheets and legacy systems.
Lucid Motors doesn’t know how many EVs it will build this year
Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a companywide cost-cutting measure.
Google Home’s Gemini AI can handle more complicated requests
Google Home users can now ask Gemini to complete more complex, multi-step tasks and combine multiple tasks in a single command. Google has updated Gemini for Home to Gemini 3.1, which it says will improve the smart home assistant’s ability to interpret and act on requests. The upgrade will also make Gemini for Home better […]
Apple agrees to pay iPhone owners $250 million for not delivering AI Siri
Apple has agreed to pay $250 million to settle a class action lawsuit that accused it of misleading customers about the availability of its Apple Intelligence features. The proposed settlement would apply to people in the US who purchased all models of the iPhone 16 and the iPhone 15 Pro between June 10th, 2024 and […]
As crypto cools, a16z crypto raises a $2.2B fund
As some of the biggest VCs in crypto start to consider funding AI startups, a16z crypto’s new fund will stay the course.
Apple plans to make iOS 27 a Choose Your Own Adventure of AI models
With Apple’s latest operating system updates, users will reportedly have their pick of which third-party AI models they want to use for a host of tasks.
ASML CEO Christophe Fouquet: No one is coming for us
Christophe Fouquet, who became ASML’s CEO in 2024 after more than a decade at the company, sat down with this editor on the rooftop deck of his Beverly Hills hotel Tuesday morning ahead of his appearance at the Milken Institute Global Conference. Dressed in a blue suit and white shirt, he was relaxed — even when the conversation turned to the rivals.
Volkswagen becomes Rivian’s top shareholder, displacing Amazon
VW Group’s stake will continue to grow under the $5.8 billion joint venture with Rivian.