Amazon has unveiled a significant investment plan, committing approximately $233 million to bolster its operations in India. Announced on Thursday, the move aims to expand the company's logistics infrastructure, enhance technological capabilities for its delivery network, and further its commitment to employee safety and well-being. The investment forms
Midjourney, the renowned AI image generation startup known for its surreal visual style and Discord-only user base, has officially launched its first AI video generation model, V1. Announced on Wednesday, V1 marks the company’s debut in the fast-evolving world of AI-generated video, joining a competitive field alongside OpenAI’s
In a landmark commitment to bolster domestic semiconductor production, Texas Instruments (TI) has announced plans to invest more than $60 billion to expand its manufacturing footprint across the United States. This investment, described by the company as the “largest investment in foundational semiconductor manufacturing in U.S. history,” will fund
At this year’s Cannes Lions advertising festival, Uber unveiled a bold new move in its growing ad business: an interactive ad format that lets brands pay to give users discounts on their next rides. Dubbed “Ride Offers,” the ad unit makes promotional content more actionable — and personal. The initiative
Amazon-backed Zoox has taken a major step forward in the autonomous vehicle race with the opening of its first dedicated robotaxi production facility in Hayward, California. Announced on Wednesday, the 220,000-square-foot site marks the beginning of Zoox’s move toward full-scale commercial deployment, positioning it as a direct competitor
Applied Intuition, a rising force in autonomous vehicle software, has closed a massive $600 million Series F funding round and tender offer, catapulting its valuation to $15 billion. The company, known for its advanced simulation and data management tools for autonomous systems, continues to cement its position as a cornerstone
Google has officially expanded its Gemini AI model family, signaling a major milestone in its 2025 AI roadmap. After several months of testing and fine-tuning, the powerful Gemini 2.5 Pro model has exited its preview phase and is now generally available for developers. Alongside this launch, Google is introducing
Anysphere, the company behind the popular AI coding assistant Cursor, has unveiled a new $200-per-month subscription tier called Ultra, offering a major upgrade for power users. Announced in a blog post Monday, the Ultra plan provides 20 times more usage of leading AI models from OpenAI, Anthropic, Google DeepMind, and
Over the past year, Meta's Threads team has been steadily building toward deeper integration with the fediverse, a decentralized network of interconnected social platforms like Mastodon and Flipboard. Now, in what marks its most significant step yet, Threads is launching a dedicated feed for fediverse content and adding
Digital health startup Sword Health has secured a fresh $40 million in funding at a $4 billion valuation, marking a 33% increase from its $3 billion valuation just a year ago. The round was led by returning backer General Catalyst, with participation from Khosla Ventures, Comcast Ventures, and several other
Rising defense tech startup Mach Industries has raised $100 million in a new funding round, bringing its valuation to $470 million. The announcement follows a period of rapid growth and technological development for the company, which was founded just two years ago by Ethan Thornton, who dropped out of MIT
In a bold move to capture the loyalty of affluent consumers, JPMorgan Chase has unveiled a major overhaul of its flagship Sapphire Reserve credit card — complete with a steep increase in the annual fee and a slate of new perks designed to appeal to high-spending travelers and diners. Starting June
Military & Defense
OpenAI has been awarded a $200 million contract by the U.S. Department of Defense to deliver advanced artificial intelligence capabilities for national security, marking a significant new chapter in the company’s government-facing work. Announced on Monday, the one-year agreement is the first contract between OpenAI and the Pentagon
Artificial Intelligence (AI)
Groq, a fast-rising startup in the artificial intelligence inference space, has announced two major moves that signal a direct challenge to the dominance of cloud behemoths Amazon Web Services, Google, and Microsoft. The company unveiled support for the massive Qwen3 32B language model — including its unprecedented 131,000-token context window
Artificial Intelligence (AI)
Chinese AI startup MiniMax has made a bold move in the global AI race with the release of its newest large language model, MiniMax-M1. Known in the West for its photorealistic AI video model Hailuo, the company is now turning heads with a large language model that not only pushes
Funding
Japan has unveiled an ambitious ¥100 billion ($693 million) initiative aimed at turning the country into a global hub for scientific research by luring top researchers from abroad—especially those in the United States disheartened by recent political and funding decisions under the Trump administration. As global competition intensifies for
Media
In a move that marks a significant shift for the world’s most popular messaging app, WhatsApp is officially introducing ads. Meta, WhatsApp’s parent company, announced on Monday that it will begin rolling out advertisements through the platform’s “Status” feature — its Stories-like function where users post disappearing text,
Finance
American Express is making its biggest-ever investment in a card program, signaling a bold move to court younger, high-income customers. On June 16, the company revealed it will be significantly enhancing its Platinum card later this summer or early fall—a move that reflects a calculated strategy to lock in
Artificial Intelligence (AI)
In a landmark move set to reshape Australia’s digital landscape, Amazon Web Services (AWS), the cloud computing arm of Amazon.com Inc., has unveiled a massive $13 billion (AU$20 billion) investment plan to bolster its data center operations across the country between 2025 and 2029. This marks the
Sales
Clay, a fast-growing sales automation startup, has raised a Series C funding round that values the company at approximately $3 billion, according to three sources familiar with the deal. The round was led by Capital G, Alphabet’s independent growth fund. Both Clay and Capital G declined to comment. The
Energy
Meta has joined the growing wave of tech giants investing in geothermal energy, announcing a partnership with XGS Energy to advance the development of a 150-megawatt geothermal power plant in New Mexico. While the specifics of the plant's location and financial terms remain under wraps, the move reflects
Artificial Intelligence (AI)
Mattel, the powerhouse behind beloved toy brands like Barbie, Hot Wheels, and Polly Pocket, has entered into an ambitious new partnership with OpenAI to bring generative artificial intelligence into the heart of toy-making and entertainment. This collaboration marks the first time OpenAI has teamed up with a toymaker, signaling a
Artificial Intelligence (AI)
Spanish startup Multiverse Computing has raised a staggering €189 million (~$215 million) in a Series B round, driven by excitement around its breakthrough in artificial intelligence model compression — a technology it calls CompactifAI. CompactifAI is a quantum-computing inspired compression method that can shrink large language models (LLMs) by up to
Robotics
Coco Robotics, the Los Angeles-based startup revolutionizing last-mile delivery, has secured $80 million in fresh funding, further fueling its mission to transform urban logistics through zero-emissions robots. The funding round, announced Wednesday, saw participation from returning angel investors Sam Altman and Max Altman, along with prominent venture firms including Pelion