Amazon’s advertising business has become its quiet money machine. It may also be its next big regulatory headache. The US Federal Trade Commission has drafted a potential complaint accusing Amazon of misleading advertisers, a case that could lead to billions of dollars in civil penalties, Bloomberg reported on 16 June, citing people familiar with the […]
Helion has become the first company in the world licensed to operate a fusion power plant. On 16 June, the Washington-based firm said it had received two licences from the state’s Department of Health, clearing a regulatory bar no fusion company has reached before. It is a real milestone. It is also a regulatory one, […]
Uber is taking its robotaxi service to Houston. The company said on 17 June that it will launch a premium driverless service in the city by mid-2027, the second US market for its partnership with EV maker Lucid and self-driving startup Nuro. It is also the clearest sign yet of how Uber intends to fight […]
The exemption is narrower than the announcement makes it sound. On Tuesday the US Federal Communications Commission said it would again allow new models of Chinese toy drones to be imported, six months after it barred new foreign-made drones outright. The relief is real, but it has been defined so tightly that the word ‘toy’ […]
The decision had, in effect, already been made. According to people familiar with the matter, reports Reuters, a US interagency committee approved adding the Chinese AI startup DeepSeek, the memory-chip maker CXMT and more than 100 other companies flagged as national-security risks to the Commerce Department’s Entity List last year. What has not happened, and […]
For 25 years, Mobileye has been the arms dealer of self-driving, selling the cameras, chips, and software that now sit inside more than 230 million cars, while pointedly leaving the driving business to everyone else. On 16 June, it said it would start doing the driving itself. The Jerusalem company announced plans to launch its […]
For most of the past decade, the security industry quietly gave up on prevention. Breaches were treated as inevitable, and the money went into detecting and cleaning up the mess afterwards. A new startup from two veterans of that industry says AI has made stopping the attack in the first place possible again, and investors […]
The hottest pitch in AI right now is not another chatbot. It is software that can run the machines on a factory floor, and a two-year-old Israeli startup has just raised $20m on the strength of programming parts for Jeff Bezos’s rockets. Limitless Labs, formerly LimitlessCNC, closed a $20m Series A co-led by Dell Technologies […]
The US Army has commissioned three more technology executives into Detachment 201, the reserve unit that gives Silicon Valley leaders the rank of lieutenant colonel and a direct advisory line to senior military officials. Dane Knecht, chief technology officer of Cloudflare, Sam Pullara, CTO and managing director of Sutter Hill Ventures, and Serkan Piantino, a […]
A Swedish startup wants to do to patent attorneys what Harvey and Legora are doing to corporate lawyers, except it is not trying to give them better tools. It wants to replace them. Lightbringer has raised $10m (€8.6m) in a Series A to take its self-styled ‘AI-native patent firm’ into the United States, the world’s […]
