Future It’s Not Your Imagination: AI Is Speeding Up the Pace of ChangeJulie Bort | TechCrunch “Venture capitalist Mary Meeker just dropped a 340-page slideshow report—which used the word ‘unprecedented’... The post This Week’s Awesome Tech Stories From Around the Web (Through May 31) appeared first on SingularityHub.
'It's a high-stakes intelligence war' he told El Reg exclusive A mystery whistleblower calling himself GangExposed has exposed key figures behind the Conti and Trickbot ransomware crews, publishing a trove of internal files and naming names.…
With this acquisition, Imarticus Learning’s workforce has grown to over 850 employees, including MyCaptain's team.
Cecilia D'Anastasio / Bloomberg: Grow a Garden, a hit game on Roblox, has spawned a market where in-game items are sold for real money on sites like eBay, potentially violating Roblox's ToS — At a recent peak on Saturday, May 24, some 8.7 million people were playing at once, roughly the population of Switzerland …
Eutelsat reportedly has conducted talks with investors to raise €1.5 billion ($1.7 billion) to expand its low earth orbit (LEO) satellite constellation. The post Eutelsat seeks to raise €1.5B for LEO satellite build out appeared first on Mobile World Live.
Move should help government track infections and plan new legislation Australia now requires large companies to inform the government if they have paid off ransomware perps.…
Gabriel Daros / Rest of World: Brazil is piloting dWallet, a digital wallet program that allows users to monetize their data, the first nationwide initiative of its kind in the world — Brazil is piloting dWallet, a project that lets citizens earn money from their data. It is ahead of similar U.S-based initiatives.
They argue the US$6.5 billion valuation implied by the offer is lower than competitors.
On social media, Trump claimed, "China HAS TOTALLY VIOLATED ITS AGREEMENT WITH US."
Battery Smart has facilitated over 74.9 million battery swaps and onboarded more than 68,000 electric vehicle drivers.
This is the New York Times' first agreement with an AI company regarding its journalism.
There was an elephant in the showroom at this year’s Computex Taipei tech expo. Loud speakers boomed the guttural sounds of action games loud enough to be heard across dozens of booths, where blazing white lights glinted off the thin black edges of new microprocessors on display. Some of the show’s 86,521 prospective buyers tried out AI-enabled laptops with 3D displays – visible without special glasses – screening a country lane in Japan one moment, a complicated colon surgery the next. And...
In Inner Mongolia, a convoy of haul trucks rumbles across the dusty, jagged terrain of the Yimin open-pit coal mine. It is a familiar scene in this part of northern China, home to some of the country’s biggest mineral deposits, but a closer look reveals a futuristic twist to this age-old trade: the vehicles operate without drivers. Yimin is one of the five largest open-cast coal mines in China. During peak season, it used to require about 300 trucks, operated by around 1,200 drivers working...
Qashio operates in 22 countries and reported profitability in the first quarter of 2025, earnings exceeding US$1.2 million.
Reed Albergotti / Semafor: A Replit employee details a critical security flaw in web apps created using AI-powered app builder Lovable that exposes API keys and personal info of app users — THE SCOOP — Lovable, the popular vibe coding app that describes itself as the fastest-growing company in Europe …
AWS has opened a cluster of data centers in Mexico, now building new facilities in Chile, New Zealand, Saudi Arabia, Taiwan.
Vishal Singh / Silicon Canals: London-based Dojo, a payments tech provider to over 140K businesses, raised $190M from Vitruvian Partners in its first equity raise since launching in 2021 — London-based Dojo, a payments technology provider, has announced an investment of $190M (nearly €168.66M) from global investment firm Vitruvian Partners.
Katherine Davis / Axios: Vivodyne, which uses AI and robots to grow human tissues in the lab for drug discovery and development, raised a $40M Series A led by Khosla Ventures — Vivodyne, a San Francisco-based startup using lab-grown human tissues to discover and develop drugs, raised $40 million in a Series A led by Khosla Ventures.
Oyo will present its IPO plans to key shareholder SoftBank at a London meeting in June.
Synopsys is a leading provider of electronic design automation (EDA) software, holding a large share of China’s EDA market.
Courtney Albon / Defense News: Defense tech firm Leidos acquires VA-based Kudu Dynamics, which provides AI-enabled cyber defense and offense tools to the US DOD and other customers, for $300M — Defense technology firm Leidos announced Wednesday it closed a $300 million acquisition of Kudu Dynamics, a company that develops AI-enabled cyber capabilities.
The DOJ argues that Google’s monopoly gives it an edge in developing AI products such as Gemini.
Microsoft also removed apps of Russian state-owned media outlet RT from the Windows App Store.
Olivia Poh / Bloomberg: Sources: TikTok Shop cuts several hundred jobs in Indonesia, leaving Tokopedia and TikTok Shop with ~2,500 employees in the country, down from ~5,000 last year — The Chinese social media giant is reducing staff across e-commerce teams including logistics, operations, marketing and warehousing …
Max Knoblauch / Sherwood News: Nvidia reported record gaming revenue of $3.76B in Q1, up 42% YoY, driven by sales of its Blackwell chips that are used to enhance game graphics through DLSS — Nvidia's former cash cow posted record sales in the first quarter, carrying the company to a sales beat.
More reductions may follow in July, reducing the combined workforce from around 5,000 to about 2,500 employees.
Bloomberg: Docs and sources: Builder.ai faked business with Bengaluru-based VerSe, which runs the Dailyhunt news app, by “round-tripping” sales worth ~$60M from 2021-2024 — Builder.ai, the artificial intelligence startup that recently announced plans to declare bankruptcy …
Allie Garfinkle / Fortune: NYC-based Empathy, which runs an online platform providing on-demand tools and guidance for bereaving families, raised a $72M Series C led by Adams Street — Ron Gura, cofounder and CEO of Empathy. — Empathy — Ron Gura doesn't use the word “death” every day. — Recommended Video
National Science Foundation FY 2026 budget cut by more than 60% To make America great again, the US National Science Foundation (NSF) aims to get by with less.…
Bloomberg: Vista Equity Partners agrees to acquire ERP software provider Acumatica from PE firm EQT, sources say in a deal that values Acumatica at ~$2B including debt — Vista is buying the Bellvue, Washington-based firm from private equity firm EQT AB, according to a statement Thursday that confirmed an earlier Bloomberg News report.
Its driverless cars are already testing in Austin - good luck Video Tesla has been testing self-driving Model Ys on the streets of Austin, Texas. But according to the automaker's bête noire, the Dawn Project, kids should keep clear.…
System promises a 10x increase in 'scientific output' - not necessarily performance The US Department of Energy's next supercomputer will be built by Dell Technologies and powered by Nvidia's next-gen Vera-Rubin accelerators - a notable switch from the usual Cray-AMD tag teams that build such machines. It's the first DOE win for Nvidia since the Venado system in 2022.…
Chris Metinko / Axios: Boston-based cloud cost management startup CloudZero raised a $56M Series C led by BlueCrest Capital Management and Innovius Capital — CloudZero raised $56 million to help companies rein in soaring AI-driven cloud costs, CEO Phil Pergola tells Axios Pro. — Why it matters …
Generate modest interactive apps, spiffy charts, and bland screenplays as needed Perplexity, an AI search biz, has launched Perplexity Labs, a project automation service capable of generating basic apps and digital assets on demand, with example workflows and project samples to help first-timers get started.…
Bloomberg: Sources: Elon Musk is pushing lawmakers to help clear a path for driverless vehicles and has been weighing in on revisions of a bill on autonomous vehicles — In recent weeks, Musk and people who work for him have been calling members of Congress directly to gather support, said the people …
Reed Albergotti / Semafor: Sources: Anthropic has been lobbying Congress to oppose a bill banning states from regulating AI, and pushed against the recent US AI deal with Gulf states — THE SCOOP — Anthropic is going toe-to-toe with the Trump Administration on artificial intelligence policy …
Reuters: Sources: Anthropic's annualized revenue hit ~$3B at the end of May, driven by business demand, up from $2B around the end of March and ~$1B in December 2024 — Artificial intelligence developer Anthropic is making about $3 billion in annualized revenue, according to two sources familiar with the matter …
Pen tester on ScreenConnect bug: This one ‘terrifies’ me ConnectWise has brought in the big guns to investigate a "sophisticated nation state actor" that broke into its IT environment and then breached some of its customers.…
28-year-old alleged to have made multiple drops to folks who turned out to be undercover FBI agents A Defense Intelligence Agency (DIA) IT specialist is scheduled to appear in court today after being caught by the FBI trying to surreptitiously drop top secret information to a foreign government in a public park.…
Cash splashed on damages, infrastructure improvements, and fraud monitoring A Seattle cancer facility has agreed to fork out around $52.5 million as part of a class action settlement linked to a Thanksgiving 2023 cyberattack where criminals directly threatened cancer patients with swat attacks.…
Giving people the power to build community and bring the world closer together so we can shoot them Meta has partnered with Anduril Industries to build augmented and virtual reality devices for the military, eight years after it fired the defense firm's founder, Palmer Luckey.…
Liberation Day not freeing consumers or businesses of their hard earned disposable income World War Fee Trump's tariffs may have been ruled unlawful, but they are still in place and continue to affect the market, with the threat of price hikes on smartphones causing prospective buyers to hold off until the situation becomes less volatile.…
The European Commission is set to launch an age verification app by mid-2025, stepping up efforts to enforce online safety rules targeting the protection of minors across digital platforms. The post EU to tighten grip on big tech with age app appeared first on Mobile World Live.
EchoStar stated in a regulatory filing that it elected to skip a $326 million cash interest payment due to uncertainty over the Federal Communication Commission’s inquiries into its Boost Mobile network build out and unused spectrum. The post EchoStar misses $326M payment amid FCC probe appeared first on Mobile World Live.
High-profile logo win for AI? Weeks ahead of year-end and with investors twitchy about returns? Impeccable timing Microsoft yesterday used a town hall meeting to leak details tell staff about a 100,000 license contract signed with Barclays to use Copilot.…
Two years after Sam Altman pitched Congress on AI guardrails, he's back in Washington with a new message: To beat China, invest in OpenAI.
The treatments rescued damaged blood and immune cells in newborn mice with just one shot. The post New Gene Therapy Reverses Three Diseases With Shots to the Bloodstream appeared first on SingularityHub.
Thank whoever decided to make the Dark Energy Camera Legacy Survey public for this discovery A trio of scientists have published a paper that explains how they found a dwarf planet in a database.…
War in Ukraine causes major rethink in policy and spending The UK is spending more than £1 billion ($1.35 billion) setting up a new Cyber and Electromagnetic Command and is recruiting a few good men and women to join up and staff it.…