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Robotics
AI development platform Hugging Face has acquired Pollen Robotics, a French startup specializing in humanoid robots, in a move that signals the company’s growing ambitions in the robotics space. While the terms of the deal remain undisclosed, the acquisition underscores Hugging Face’s intent to bridge the gap between
Pharmaceutical
In a bold move signaling its deepening commitment to the U.S. market, Swiss pharmaceutical giant Novartis announced plans to invest $23 billion over the next five years to dramatically expand its American footprint. The investment includes the construction of six new manufacturing facilities, expansion of three existing ones, and
Artificial Intelligence (AI)
OpenAI is taking another step toward making AI feel more human. On Thursday, the company began rolling out a new memory feature for ChatGPT that allows the chatbot to remember details from previous conversations, making interactions more personal, consistent, and fluid. The update, appearing under ChatGPT’s settings as “reference
Artificial Intelligence (AI)
OpenAI is gearing up for a significant upgrade to its AI model lineup, with the highly anticipated launch of GPT-4.1 expected as early as next week. According to sources close to the company, this rollout will include not only the main GPT-4.1 model but also lightweight "mini&
Style & Beauty
In a landmark move for the fashion industry, Prada announced Thursday it has struck a deal to acquire iconic rival Versace from Capri Holdings for $1.375 billion, including debt. The acquisition brings together two of Italy’s most celebrated fashion houses and strengthens the country's position in
Business Insights
WW International, better known as WeightWatchers, is preparing to file for bankruptcy in the coming months as it grapples with mounting debt and a rapidly shifting weight-loss landscape. The company, once a dominant name in health and wellness, is in discussions to hand over control of the business to its
Transportation
After months of showcasing its autonomous tech across the U.S., Nuro has raised $106 million in fresh capital — a strategic move to advance its new licensing-focused business model and deepen commercial partnerships. The Series E round, while a down round compared to previous valuations, brings Nuro’s total funding
Business Insights
In a dramatic escalation of trade tensions, President Donald Trump imposed a 104% tariff on Chinese imports Wednesday, triggering immediate global market ripples and prompting a swift 84% retaliatory tariff from China on American goods. The move has sent shockwaves through Wall Street, with Apple Inc. at the epicenter. Over
Transportation
Amazon’s autonomous vehicle subsidiary, Zoox, has officially hit the streets of Los Angeles—but not with its iconic robotaxis just yet. Instead, the company has deployed a fleet of manually-driven Toyota Highlanders, retrofitted with its self-driving technology, to begin a crucial phase of data gathering and mapping across the
Artificial Intelligence (AI)
Amazon has introduced Nova Sonic, its latest generative AI model designed to deliver fast, natural-sounding speech and handle real-time voice conversations with impressive fluency. Positioned as Amazon’s answer to cutting-edge voice models like OpenAI’s GPT-4o and Google’s Gemini, Nova Sonic marks a significant leap forward in voice
Artificial Intelligence (AI)
IBM is stepping up its AI game with the release of the z17, the latest generation of its iconic mainframe hardware. Announced this week, the z17 is purpose-built to accelerate artificial intelligence adoption across industries, integrating AI capabilities directly into a system still trusted by 71% of Fortune 500 companies.
Artificial Intelligence (AI)
Despite economic headwinds and geopolitical uncertainty, artificial intelligence continues to dominate the investment landscape. A prime example is Rescale, a rising force in AI-driven physics modeling, which just closed a $115 million Series D funding round. The round attracted a powerhouse roster of backers, including Nvidia and Foxconn, and added