Tag: news
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US slaps import ban on Canadian alcohol and other goods
It is the latest escalation in a trade war between the two countries, and comes as Canadian retaliatory tariffs on US goods come into force.
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Cognition AI raises $2 billion at $48 billion valuation
Sept 8 : AI coding startup Cognition AI said on Tuesday it had raised $2 billion in a Series E funding round at a valuation of $48 billion. Here are some details:• The round was led by new investors Andreessen Horowitz and Accel, alongside existing backers Founders Fund, General Catalyst, and Avenir.
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US accuses Chinese AI firms of ‘industrial-scale’ theft of AI technology
WASHINGTON, Sept 8 : U.S. cyber and law enforcement officials on Tuesday accused Chinese AI companies of “aggressive, industrial-scale distillation activities,” according to a statement from three U.S. security agencies. Distillation is the process of training smaller AI models using output from larger, more
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Amazon accused in lawsuit of systematic pregnancy discrimination
NEW YORK, Sept 8 : Amazon.com was sued on Tuesday in a proposed class action accusing the retailer of systematically discriminating against pregnant workers.According to a complaint filed in the Brooklyn, New York, federal court, Amazon routinely violates federal and New York worker protection laws by denying
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Europe’s biggest mobile operators in talks for satellite-to-mobile venture, Bloomberg News reports
Sept 7 : Deutsche Telekom, Orange, Vodafone Group and Telefonica are in early talks to create a consortium to bid on satellite spectrum and offer direct-to-mobile services, Bloomberg News reported on Monday, citing people familiar with the matter. The group of carriers would jointly bid for a share of the 2
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Yemen: Fighting intensifies amid Houthi push in the west
Houthi forces are trying to secure high ground and solidify their control of the entry to the Red Sea in the southwest. The Iran-backed militia abandoned a shaky truce with the Saudi-backed government-in-exile in July.
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AI startup Crusoe valued at $30 billion after new funding, Bloomberg News reports
Sept 3 : AI data center startup Crusoe has raised over $3 billion in a funding round that values it at roughly $30 billion, Bloomberg News reported on Thursday, citing people familiar with the matter.Launched in 2018 as a cryptocurrency business, Crusoe has pivoted to building AI infrastructure and is among t
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Crusoe signs $13 billion AI cloud deal with Jane Street, Bloomberg News reports
Sept 3 : AI data center startup Crusoe has signed a five-year cloud contract with trading firm Jane Street Group valued at around $13 billion, Bloomberg News reported on Thursday, citing people familiar with the matter.Here are more details:• The deal will provide Jane Street clusters of GPUs and oth
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Leeds suffer Rodon injury blow
Sept 3 : Leeds United’s Wales defender Joe Rodon is likely to be missing for up to 10 weeks after injuring his hamstring during the draw with Brentford in the Premier League last week.Manager Daniel Farke confirmed the news as he spoke ahead of the trip to Brighton & Hove Albion on Saturday.”Yes, bad n
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Anthropic still flagged as risk to defense industrial base, US official says
WASHINGTON, Sept 3 : Anthropic is still considered a “Supply Chain Risk” by the U.S. defense department and defense industry, the under secretary of defense for research and engineering said, after suggestions of a thaw in relations between the AI company and the Trump administration.Emil Michael posted the r
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