Forus Secures $150 Million to Advance AI-Powered Medical Prescription Technology
Forus has completed a $150 million Series C funding round to enhance its development of agentic AI solutions aimed at transforming the medical prescription process.
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GoPro Agrees to Merge with Starman Optical, Shifting Focus to AI and Defense Sectors
GoPro will merge with Starman Optical in a deal that restructures its finances and redirects its business toward artificial intelligence and defense technology markets.
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SEC Intensifies Oversight on Pre-IPO SPVs Amid Surge in AI Startup Investments
The SEC is increasing scrutiny on special purpose vehicles tied to AI startups, demanding clearer documentation and oversight as private-market activity accelerates.
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Tech Stocks Rally as AI Drives Market Growth and Investor Optimism
Technology shares surged on Wall Street following announcements from tech firms highlighting artificial intelligence as a key engine for future expansion and innovation.
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Apple Cuts Over 200 Jobs as It Redirects Focus to AI and Siri Improvements
Apple eliminates more than 200 positions amid a strategic pivot toward artificial intelligence, scaling back Vision Pro efforts and revamping its Siri assistant.
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Most Executives Report No Productivity Gains from AI Despite Ongoing Job Cuts
Despite record investments in artificial intelligence, around 90% of executives say AI has yet to improve productivity, while many firms continue reducing their workforce.
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Pocket’s AI Notetaker Reaches $100 Million Run Rate Amid Growing Market Competition
Eight months after launch, Pocket’s AI-powered notetaker has reached a projected $100 million annual run rate, driven by device sales and subscription revenues.
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Intel Appears to Narrow Gap with TSMC in Chip Packaging Amid AI-Driven Demand Surge
Intel reportedly gains market share in advanced chip packaging as AI demand strains TSMC’s CoWoS production capacity, according to recent export data.
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Bezos and Saverin Join Consortium Acquiring Minority Stake in Liverpool FC
Amazon’s Jeff Bezos and Facebook’s Eduardo Saverin are part of a new investor group purchasing a significant minority share in Liverpool FC, valued around $6 billion.
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Pharma Industry Accelerates AI Integration with Multi-Billion Dollar Investments in Drug Discovery
Pharmaceutical companies and investors are pouring billions into AI-driven platforms that transform drug discovery by leveraging vast biological datasets and advanced predictive models.
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Slalom Appoints Dan Garrison to Lead Enterprise AI Strategy as Chief AI Officer
Slalom names Dan Garrison Chief AI Officer to spearhead its AI strategy, aiming to drive practical enterprise AI adoption and align technology with business transformation.
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Pony AI and Uber to Launch Over 2,000 Robotaxis Across Multiple European Cities
Pony AI and Uber expand their collaboration to introduce more than 2,000 autonomous robotaxis in Europe, building on initial services and aiming for further Middle East deployment.