Amazon won’t need to pay the European Union €250 million ($263 million) in back taxes. On Wednesday, the bloc’s executive branch said it was closing three separate state aid investigations, including one involving Amazon. The decision ends one of the company’s longest-running legal sagas. In […]
Month: November 2024
Amazon’s $8 Billion Bet on Anthropic: Claude AI and the Future of Artificial Intelligence
In the world of tech, few companies wield as much power and influence as Amazon. Known primarily as the e-commerce giant that delivers everything from books to groceries to your…
A new game from Tencent looks like a pretty blatant Horizon ripoff
Details about an epic-looking upcoming sci-fi adventure game just dropped. The images and teaser trailer depict a post-apocalyptic world in which humans in primitive-style garb battle giant dinosaur-like robots while sweeping orchestral music plays. It all seems a little familiar. But wait, this isn’t the […]
Apple’s entry-level iPad is on sale for its lowest price ever for Black Friday
You’d be hard-pressed to find a better tablet for $249.99 than the 10th-gen iPad. | Photo by Dan Seifert / The Verge Apple may have announced a new iPad Mini just over a month ago, but if all you want is a basic tablet for […]
Financial inclusion drives M-KOPA to $400M in ARR
An African fintech that has grown on the strength of a 30,000-strong team of direct salespeople is moving into profit country by sub-Saharan country. Now, M-KOPA, the pay-as-you-go asset financing platform serving 5 million underbanked Africans, is racing toward a major milestone: surpassing an annual […]
Akhetonics gets fresh funding for a contrarian bet on all-optical chips
Photonics — a field that underpins light-based systems for manipulating data — has a bright future, as the rise of AI demands better computing performance, but it has yet to be fully applied to a new generation of chips. German startup Akhetonics hopes to change […]
From pond scum to premium skincare? Deep Blue Biotech is all in on blue-green algae to make better chemicals
Decarbonizing our economies in the race to fight climate change demands a wholesale overhauling of all sorts of production processes to make them as sustainable as possible. Greening chemicals, which are used as ingredients in all sorts of products, is where U.K. startup Deep Blue […]
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OpenAI faces critical test as Chinese models close the gap in AI leadership
In the fast-moving world of AI, competition is heating up—and nowhere is this more evident than in the battle over advanced reasoning models. In just the past few days, three new AI models from Chinese developers—Deepseek R1 (HighFlyer Capital Management), Marco-1 (Alibaba), and OpenMMLab’s hybrid […]
From pond scum to premium skincare? Deep Blue Biotech is all in on blue-green algae to make better chemicals
Decarbonizing our economies in the race to fight climate change demands a wholesale overhauling of all sorts of production processes to make them as sustainable as possible. Greening chemicals, which are used as ingredients in all sorts of products, is where U.K. startup Deep Blue […]