Explore business insights, trends, and tips to boost success and stay competitive.
Artificial Intelligence (AI)
AI audio unicorn ElevenLabs has officially stepped into the music generation space, announcing a new model on Tuesday that allows users to create AI-generated music—cleared for commercial use, according to the company. This marks a significant pivot for ElevenLabs, which has spent the last three years building its reputation
Artificial Intelligence (AI)
In a significant move that signals a shift in its strategy, OpenAI has released two open-weight AI reasoning models—gpt-oss-120b and gpt-oss-20b—marking the company’s first truly open language model release since GPT-2 over five years ago. Available now on Hugging Face under the permissive Apache 2.0 license,
Transportation
Lyft is making a major play in the global robotaxi race by partnering with Chinese tech giant Baidu to bring autonomous vehicles to European streets. Announced in a press release on Monday, the San Francisco-based ride-hailing company said it would begin deploying Baidu's sixth-generation Apollo Go self-driving robotaxis
Artificial Intelligence (AI)
ChatGPT's meteoric rise continues as the AI-powered chatbot is projected to hit a staggering 700 million weekly active users this week, according to OpenAI. The milestone marks another major leap in the platform’s rapid growth, coming just months after it reached 500 million weekly users in March.
Transportation
Electric air taxi pioneer Joby Aviation has announced a landmark acquisition of Blade Air Mobility’s passenger helicopter ride-share business, in a deal valued at up to $125 million. The transaction marks a strategic leap for Joby, giving it immediate access to a highly developed network of urban air mobility
Artificial Intelligence (AI)
Google DeepMind has officially begun the rollout of Gemini 2.5 Deep Think, a major leap forward in AI reasoning systems. Described by the company as its most advanced AI yet, Gemini 2.5 Deep Think is designed to tackle complex problems by exploring multiple ideas simultaneously and synthesizing the
Funding
OpenAI, the powerhouse behind ChatGPT, has raised a staggering $8.3 billion in a funding round that pushes its valuation to an eye-popping $300 billion, according to The New York Times. This marks a significant milestone in the company’s broader goal to raise $40 billion this year and reflects
Military & Defense
The U.S. Army has awarded Palantir Technologies a monumental contract valued at up to $10 billion over the next decade, the largest in the company's history. The deal marks a turning point in the Army’s approach to software procurement and signals the growing centrality of artificial
Artificial Intelligence (AI)
OpenAI has announced plans to establish Stargate Norway, its first AI data center in Europe, as part of a joint venture with British AI cloud infrastructure provider Nscale and Norwegian energy firm Aker. The facility, to be built near Narvik in northern Norway, marks a significant step in OpenAI’s
Food
Uber Eats is bringing a new wave of AI-powered features to its food delivery platform, aiming to improve how restaurants communicate with customers — and how dishes are presented online. These updates include generative AI tools to write menu descriptions, enhance food photos, and summarize customer reviews, along with new interactive
Finance
Ramp, the fast-growing expense management startup, has raised an additional $500 million in funding just 45 days after its last financing round—bringing the company’s valuation to a staggering $22.5 billion post-money. The round was led by Iconiq Growth with support from Founders Fund and D1 Capital Partners,
Transportation
In a fast-changing world where geopolitical tensions are rising and defense budgets are expanding, eVTOL (electric vertical takeoff and landing) manufacturers are being pushed to adopt more flexible, multi-purpose strategies. One company at the forefront of this shift is Israeli startup AIR, which has opted for a dual-track approach: simultaneously