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Apple has criticised the availability of a pornography app on iPhones in the European Union, blaming the Digital Markets Act (DMA) for undermining consumer trust. The regulation, which took effect in 2022, forced Apple to permit a...
Alphabet is set to face investor scrutiny over its heavy spending on AI as it prepares to report earnings. Slower revenue growth in advertising and cloud services has raised concerns, especially as competition in AI intensifies. C...
Google and Epic Games presented arguments before a US appeals court as Google attempted to overturn a jury verdict and a judge's order requiring changes to its app store. Google's lawyer argued that the trial judge made errors tha...
Mitsubishi Heavy Industries expects continued strong demand for gas turbines, even as concerns rise over AI-driven energy efficiency. Chief financial officer Hisato Kozawa dismissed fears that Chinese AI model DeepSeek could reduc...
President Donald Trump has signed an executive order directing the creation of a US sovereign wealth fund within a year. The order tasks the Treasury and Commerce Departments with presenting a detailed plan within 90 days, outlini...
Indian entrepreneur Bhavish Aggarwal is investing$230 million into Krutrim, an AI startup he founded, as part of India's push to establish itself in the global AI market. The company, which develops large language models (LLMs) fo...
Dubai-based startup Qeen.ai has raised$10 million in a seed funding round led by Prosus Ventures to scale its AI-powered e-commerce platform. Founded by former Google and DeepMind researchers, the company develops autonomous AI ag...
Paris-based startup Neuralk-AI has raised$4 million to develop AI models tailored for structured data, such as databases and spreadsheets. Unlike traditional AI, which excels at unstructured content like images and text, Neuralk-A...
Bengaluru-based startup Presentations.ai has raised$3 million in a seed round led by Accel to enhance its AI-powered platform for creating business presentations. The company, which launched in 2019, saw rapid growth after the eme...
Meta has introduced a new policy framework outlining when it may restrict the release of its AI systems due to security concerns. The Frontier AI Framework categorises AI models into 'high-risk' and 'critical-risk' groups, with th...
The Trump administration is preparing to accelerate digital asset regulation, with White House crypto czar David Sacks set to lead a press conference alongside key Conservative lawmakers. The event, scheduled for Tuesday, will out...
OpenAI has announced a new partnership with Kakao to develop AI products for South Korea. This marks OpenAI's second major alliance in Asia this week, following a similar deal with SoftBank for AI services in Japan. OpenAI CEO Sam...
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