Jeff Bezos is opening Blue Origin to outside money at last, in a round that values the rocket firm at $130 billion, CNBC reports. It follows Elon Musk’s record SpaceX IPO and pits the two space fortunes against each other again. Blue Origin is raising outside capital for the first time. Jeff Bezos’s rocket company […]
Apple has begun testing memory chips from China’s state-backed CXMT for devices sold in China, the Financial Times reports. That puts it behind a supplier Washington has flagged as a security risk. Apple has turned to Chinese memory chips for its own devices. It has begun testing DRAM from state-backed ChangXin Memory Technologies (CXMT), the […]
Nomagic, a Warsaw-based warehouse robotics firm, put a vision-language-action model into live customer operations. It says the model roughly halved the rate at which its robots stall for human help. Its new AI lab, run by a former Google DeepMind researcher, is betting on mastery before generality. A Polish robotics company has quietly done the […]
MiniMax plans its biggest model yet, a 2.7-trillion-parameter system it intends to open-source, The Information reports. It would be the largest Chinese model on the market, and another squeeze on US labs’ margins. China’s open-model push has a new heavyweight on the way. MiniMax plans a large language model with 2.7 trillion parameters, The Information […]
SpaceXAI and Cursor could ship their first jointly built AI model as soon as Wednesday, according to The Information. An internal memo pits it against Anthropic’s Opus 4.8 and OpenAI’s GPT-5.5. Elon Musk’s freshly renamed AI company is about to test itself against the frontier. SpaceXAI and Cursor plan to launch their first jointly developed […]
Amazon has an agentic upgrade for Alexa in the works, codenamed Moonraker. Internal documents show it is also one of the priciest bets in the Alexa+ overhaul. Amazon wants Alexa to act, not just answer. The company has a previously unreported project, codenamed Moonraker, that would let Alexa handle complex, multistep tasks, Business Insider reports, […]
At the Raise summit in Paris, two enterprise leaders asked why AI agents keep stalling in pilots. Their fix starts with people, not models. Most enterprises stall. Their AI agents run in pilots and never reach production. That was the blunt diagnosis from Daniel Dines, chief executive of UiPath. He spoke at the RAISE CxO […]
Toyota will invest $3.6bn to expand its San Antonio plant and move some Tacoma pickup production from Mexico to Texas. The carmaker announced the plan on Monday, adding a second assembly line, according to CNBC. President Donald Trump quickly claimed the move as proof his trade policy is working. “That’s what tariffs do, properly used,” he […]
OpenAI is recruiting an investment-banking expert to help train its AI on the trade. The job listing seeks a “subject matter expert” with at least two years of investment experience for its Applied AI team in San Francisco. Base pay runs from $185,000 to $205,000, with equity on top, Business Insider reports. That equity sweetener carries new weight […]
Syntiant, the chipmaker whose low-power processors run artificial intelligence directly on devices rather than in the cloud, has filed for a US initial public offering. The Irvine, California, company submitted its Form S-1 to the Securities and Exchange Commission on 6 July, and plans to list Class A shares on the Nasdaq Global Market under the ticker SYTN. […]
