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Firefly Aerospace buys defense tech firm for $855 million
Jason Kim, chief executive officer of Firefly Aerospace, center, during the company's initial public offering at the Nasdaq MarketSite in New York, US, on Thursday, Aug. 7, 2025. Michael Nagle | Bloomberg | Getty ImagesFirefly Aerospace…
OpenAI, Anthropic push AI startups to move fast – can Europe keep up
Founded in 2022, ElevenLabs is an AI voice generation startup based in London. It competes with the likes of Speechmatics and Hume AI.Sopa Images | Lightrocket | Getty ImagesArtificial intelligence companies are the hottest ticket items…
Heidi Health raises $65M Series B led by Steve Cohen’s Point72
Dr. Tom Kelly is a trauma surgeon, and everywhere, he sees doctors drowning in administrative work. He wanted change, so he set out to build it.
“We wanted to build an AI care partner that would stand alongside clinicians and take…
OpenAI’s Sora 2 is putting safety and censorship to the test
Fresh off a $6.6 billion share sale that made it the world's most valuable private company, OpenAI's TikTok-style video app, powered by its new artificial intelligence model, Sora 2, is going viral.Despite the gated release that requires…
OpenAI and Jony Ive may be struggling to figure out their AI device
OpenAI and Jony Ive face significant technical challenges as they work to develop a screen-less, AI-powered device, according to the Financial Times.
Back in May, OpenAI acquired io, the device startup founded by the legendary Apple…
OpenAI’s invite-only video generation app Sora tops Apple’s App Store
Sopa Images | Lightrocket | Getty ImagesOpenAI now has two of the top three free apps in Apple's App Store, and its new video generation app Sora has snagged the coveted No. 1 spot.The artificial intelligence startup launched Sora on…
A breach every month raises doubts about South Korea’s digital defenses
South Korea is world-famous for its blazing-fast internet, near-universal broadband coverage, and as a leader in digital innovation, hosting global tech brands like Hyundai, LG, and Samsung. But this very success has made the country a…
How to get Sora app invite codes for OpenAI’s viral AI video creator
Cfoto | Future Publishing | Getty ImagesOpenAI's new artificial intelligence video app Sora has already grabbed the top spot in Apple's App Store as its number one free app, despite being invite-only.Sora, which was launched on Tuesday,…
What’s driving the surge in quantum stocks this week
Inside Google's quantum computing lab in Santa Barbara, California.CNBCQuantum computing stocks are wrapping up a big week of double-digit gains.Shares of Rigetti Computing, D-Wave Quantum and Quantum Computing have surged more than 20%.…
Tesla’s insurance arm accused of ‘egregious delays’ and ‘systemic…
Tesla has been hit with an enforcement action by California’s Department of Insurance (CDI) for routinely denying or delaying customer claims despite years of warnings from the state regulator, according to a new pair of filings.…
AI chipmaker Cerebras withdraws IPO
Artificial intelligence chipmaker Cerebras Systems said on Friday that it's withdrawing plans for an IPO, days after announcing that it raised over $1 billion in a fundraising round.In a filing with the SEC, Cerebras said it does not…
With its latest acqui-hire, OpenAI is doubling down on personalized consumer AI
OpenAI has acquired Roi, an AI-powered personal finance app. In keeping with a recent trend in the AI industry, only the CEO is making the jump.
Chief executive and co-founder Sujith Vishwajith announced the acquisition on Friday,…
Amazon shuts 4 Fresh stores in Southern California after UK closures
An employee arranges a salad dressing display at an Amazon Fresh grocery store on December 12, 2024 in Federal Way, Washington.David Ryder | Getty ImagesAmazon is closing four more Fresh supermarkets in Southern California as the…
AI in an ‘industrial bubble’ but society will benefit
Amazon founder Jeff Bezos gestures as he speaks at the main panel of Italian Tech Week 2025 in Turin, Italy October 3, 2025. Remo Casilli | ReutersTURIN, Italy — Artificial intelligence is currently in an "industrial bubble" but the…
How developers are using Apple’s local AI models with iOS 26
Earlier this year, Apple introduced its Foundation Models framework during WWDC 2025, which allows developers to use the company’s local AI models to power features in their applications.
The company touted that with this framework,…
Silicon Valley’s defense tech startups are booming as war shifts
Guvendemir | E+ | Getty ImagesA wave of defense tech startups in Silicon Valley is drawing billions in funding and reshaping America's national security.Anduril Industries, recently valued at $30.5 billion following its latest funding…
Amazon to resume drone delivery following crash in Arizona
Amazon will restart its drone delivery service in Arizona beginning Friday as two federal agencies continue to investigate a crash that occurred earlier this week.
Amazon suspended operations in the West Valley of the Phoenix Metro…
OpenAI wraps $6.6 billion share sale at $500 billion valuation
Sam Altman, chief executive officer of OpenAI Inc., during a media tour of the Stargate AI data center in Abilene, Texas, US, on Tuesday, Sept. 23, 2025. Kyle Grillot | Bloomberg | Getty ImagesOpenAI has finalized a secondary share sale…