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Food
Uber announced plans to begin testing drone deliveries for Uber Eats in select U.S. markets by the end of this year, marking its latest move to explore futuristic transportation technologies. The initiative is part of a new partnership with Israeli drone startup Flytrex, which will also include a small
Artificial Intelligence (AI)
Google announced Thursday that it is rolling out Gemini in Chrome to all Mac and Windows desktop users in the U.S., after previously restricting the feature to Google AI Pro and Ultra subscribers. The expansion marks a significant step in Google’s push to make its AI assistant a
E-commerce
PayPal announced on Wednesday a sweeping new partnership with Google that will bring together the payments giant’s global financial infrastructure and Google’s artificial intelligence technology. The multi-year deal aims to deliver next-generation, AI-powered shopping experiences while deepening PayPal’s integration across Google’s ecosystem. AI Meets Global Payments
Software Development
Productivity software giant Atlassian announced Thursday that it will acquire developer productivity insight platform DX in a $1 billion cash and restricted stock deal, marking its largest acquisition to date. DX helps enterprises analyze engineering team productivity and pinpoint bottlenecks that slow down development. The platform, founded five years ago
Funding
Nvidia has agreed to purchase a $5 billion stake in Intel, becoming one of the chipmaker’s largest shareholders and cementing a strategic partnership to co-develop “multiple generations” of data center and PC products. Nvidia will acquire the Intel shares at $23.28 apiece, slightly below Intel’s prior trading
Finance
American Express on Thursday unveiled a major refresh of its flagship Platinum credit card, raising the annual fee to $895—up 29% from the current $695—but pairing the increase with expanded perks valued at $3,500 per year. The company said both consumer and business versions of the Platinum
Virtual Reality (VR)
While most of Wednesday’s Meta Connect developer conference focused on smart glasses, the company also delivered a slate of metaverse updates, headlined by the rollout of Hyperscape Capture, a tool that brings photorealistic virtual environments closer to reality. Hyperscape: Real-World Spaces, Recreated in VR Meta first previewed Hyperscape at
Wearables
Mark Zuckerberg on Wednesday introduced the Meta Ray-Ban Display glasses, the company’s first consumer-ready smart eyewear with a built-in digital display. Priced at $799, the glasses will be available in the U.S. starting September 30. The new device features a tiny high-resolution display integrated into Ray-Ban’s classic
Semiconductors
AI chip startup Groq announced Wednesday that it has raised $750 million in fresh funding at a post-money valuation of $6.9 billion. The financing exceeded expectations, topping earlier reports from July that suggested the round would come in at about $600 million at a near $6 billion valuation. This
Cybersecurity
Irregular, an AI security company formerly known as Pattern Labs, has raised $80 million in new funding to expand its efforts in safeguarding artificial intelligence systems. The round was led by Sequoia Capital and Redpoint Ventures, with additional participation from Wiz CEO Assaf Rappaport, valuing the company at $450 million,
Military & Defense
Palantir Technologies is close to securing a contract worth nearly $1 billion (£750 million) with the U.K. Ministry of Defence, according to a report by The Times of London. The deal is expected to be announced during President Donald Trump’s visit to the U.K. Under the agreement,
Artificial Intelligence (AI)
OpenAI announced plans to bring its Stargate compute capacity to the United Kingdom, marking a significant expansion of the company’s global infrastructure footprint. The generative AI leader will initially take space in multiple Nscale data centers, with an exploratory deployment of up to 8,000 GPUs and the potential