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technology

Europe’s $30B AI push targets U.S. and China’s lead
The European Union has unveiled a $30 billion initiative aimed at constructing high-capacity AI data centers. This project seeks to bolster the EU’s standing in the global AI market, which currently...

Mavenir exits $1.3B debt, bets big on AI-native telco stack
Mavenir Telecom has completed a recapitalization, eliminating over $1.3 billion in debt. This action provides $300 million in new financing and establishes Siris Capital as the controlling shareholder...

This is a major engineering breakthrough for the Exynos 2600
Samsung is reportedly enhancing its Exynos chip technology. The company has developed a Heat Pass Block (HPB) to improve cooling in its Exynos 2600 processor, which has demonstrated promising performa...

Spotify’s AI DJ is just the beginning of a bigger AI plan
Spotify is exploring a more advanced, conversational AI interface, building upon its previous forays into voice interaction, including the AI DJ feature. The exploration stems from observations shared...

YouTube’s new AI will identify underage users to protect minors
YouTube will implement artificial intelligence (AI) to identify and apply restrictions to accounts believed to belong to underage users. The initiative, set to begin on August 13th, will initially foc...

Apple’s AI team is losing another key staff to Meta
Apple’s foundation models (AFM) team has experienced a loss of employees recently, amid considerations of a significant change in its artificial intelligence strategy. The situation involves departu...

AI chip startup Groq is in talks to raise $600M at a $6B valuation
Groq, an AI chip startup founded by former Google employee Jonathan Ross, is reportedly in discussions to secure $600 million in new funding. This round would value the company at nearly $6 billion, a...

Boost and FIS Partner to Facilitate Automation in B2B Payments
Boost Payment Solutions and FIS have partnered to facilitate accounts receivable (AR) and accounts payable (AP) automation for enterprise customers. [contact-form-7] This collaboration will ...

Grok video generator is coming, with a “spicy mode”
xAI, spearheaded by Elon Musk, recently announced Grok users will soon gain the ability to generate AI-driven videos, incorporating sound, directly within the application. This upcoming functionality,...

NotebookLM now makes videos from your notes
Google has initiated the rollout of Video Overviews within NotebookLM, its artificial intelligence-powered note-taking and research assistant. This expansion, announced on Tuesday, builds upon Noteboo...

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January