Ollama Secures $65 Million to Expand Its Open-Source AI Developer Platform
Ollama, the largest AI platform for open models, raised $65 million in Series B funding to enhance its local and cloud-based developer tools and scale its user community.
Latest news
Corporate Power
Energy & Climate
Advocates Call for Greater Female Leadership in India’s Energy Transition
Climate experts and activists emphasize the need to increase women’s decision-making roles in India’s energy sector to ensure a just and inclusive transition.
Defense & Security
Strait of Hormuz Shipping Almost Halts Amid Renewed U.S.-Iran Strikes
Vessel traffic through the Strait of Hormuz dropped sharply after consecutive U.S. strikes on Iran, disrupting a fragile ceasefire and threatening global energy supplies.
Corporate Power
Apple Supplier Luxshare Launches Hong Kong’s Largest 2026 IPO Amid Initial Share Volatility
Shenzhen-based Apple partner Luxshare raised over HK$24 billion in Hong Kong’s biggest IPO this year, debuting with shares that slipped slightly after strong investor interest.
Trade & Tariffs
Indian Ambassador Vikram Doraiswami Advances India-China Cooperation During Quanzhou Visit
India’s Ambassador to China met senior officials in Quanzhou, highlighting historic ties and exploring new opportunities in trade, culture, and investment.
Corporate Power
Xbox Layoffs Leave id Tech Engine Team Nearly Defunct Amid Unreal Engine Rise
Microsoft's Xbox layoffs drastically cut id Software’s game engine team, raising questions about the future of id Tech as Unreal Engine’s dominance accelerates in the gaming industry.
Defense & Security
Chinese and Indian-Linked Hackers Compromised Pakistani Police Networks for Over Two Years
Cyberattacks connected to China and India targeted Pakistani law enforcement systems, including sensitive complaint platforms in Balochistan, over a prolonged period.
Markets & Macro
China’s Factory-Gate Inflation Reaches Highest Level in Nearly Four Years Amid Domestic Demand Weakness
China’s producer prices surged at the fastest annual pace since 2022, reflecting rising industrial costs, while consumer inflation remained subdued due to weak domestic spending.
Big Tech
Meta Patents AI Wearable That Monitors Users’ Emotional Cues and Medication Intake
Meta has patented a wearable AI device designed to track users’ emotions, including sighs and laughter, and monitor medication timing to tailor fitness coaching.
Defense & Security
Massive Crowds Mourn Iran’s Supreme Leader in Widely Watched Burial Ceremony
Tens of thousands gathered across Iranian and Iraqi cities to honor Ali Khamenei during a weeklong funeral procession culminating in a high-profile burial under intense geopolitical tension.