Stripe and Advent make $53B bid to acquire PayPal
The developer-focused payments giant teams with private equity to buy its longtime rival in a deal that would reshape global…
Mira Murati’s Thinking Machines releases open model Inkling
The AI startup founded by the former OpenAI CTO debuts its first publicly available open-weights model built for customization and…
Alibaba’s Qwen AI to power Apple Intelligence in China
The integration brings Alibaba's large language model to iPhones and Macs across China as regulators approve seven on-device AI services.
SpaceX stock slides back to $135 IPO price ahead of Starship launch
Shares have steadily declined from post-IPO euphoria as markets reassess Elon Musk's ambitious timelines.
OnePlus reportedly plans to exit US and Europe markets
The Chinese smartphone maker may wind down operations in its two largest Western markets as competition intensifies.
AI coding startup Emergent hits unicorn status with $130M round
The Indian-founded platform lets users build full-stack applications without coding and has already powered over 12 million apps.
Xiaomi unveils Robotics-U0 embodied AI foundation model
The 38-billion-parameter model unifies scene generation, robot interaction, and image editing in a single framework.
European tech funding surge sees Nscale at $1.4B and Proxima Fusion at $411M
Europe recorded over EUR 2.8B in tech funding this week led by Nscale's $1.4B raise and Proxima Fusion's record EUR…
DeepSeek begins in-house AI chip development to cut reliance on Nvidia
Chinese AI lab DeepSeek has begun developing custom AI chips in-house to reduce its reliance on Nvidia amid ongoing export…
Global startup investment hit record $510 billion in H1 2026 driven by AI
Global venture funding hit $510 billion in H1 2026, surpassing all of 2025, as AI mega-deals from OpenAI and Anthropic…
