Content Type
Briefing
Articles assigned to this content type label.

Events
Zuckerberg cuts Meta’s metaverse investment
OUR TAKEMeta’s shift towards reducing spending and focusing on profitability signals a strategic realignment, even as it continues to invest heavily in AI an…

Events
Meta pauses EU AI model rollout amid regulatory concerns
Citing regulatory unpredictability, Meta will not introduce its multimodal AI models in the European Union. The decision reflects broader compliance challeng…

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Tesla delays robotaxi launch amid design changes
Tesla has postponed its robotaxi unveiling, citing the need for additional design modifications and other features.

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Google’s acquisition target Wiz is Israel’s military tech seed
Alphabet is nearing a $23 billion acquisition of Israeli cybersecurity firm Wiz, founded by Assaf Rappaport, a veteran of Israel’s elite 8200 intelligence unit.

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Israeli AI medical startup CytoReason secures funding from Nvidia
CytoReason has secured $80 million investment from OurCrowd, Nvidia, Pfizer, and Thermo Fisher Scientific.

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GitLab explores sale amid rising acquisition interest
GitLab, a cloud-based software development tools provider, is reportedly exploring a sale after attracting acquisition interest.

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Deel acquires Hofy to launch Deel IT
OUR TAKE Deel’s primary business is processing international payroll and employing employees on behalf of the organisation through one of its local entities.…

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Alphabet plans to acquire cybersecurity startup Wiz for $23B
Alphabet is in advanced talks to acquire cybersecurity startup Wiz for $23B, a move that would mark its largest acquisition to date.

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Google-based GitLab ‘s $8B future: Datadog eyes giant acquisition
OUR TAKEIt looks like GitLab, that cool cloud-based dev tool provider, is getting some serious offers on the table. With Datadog, the cloud monitoring biggie…

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Shopee Thailand enhances shopping experience with Meta partnership
Shopee Thailand and Meta integrate Shopee’s catalogues into Messenger, enhancing sales and customer engagement with AI for Thai language.

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Microsoft’s $650M AI hire triggers major UK regulatory probe
CMA has launched a formal investigation into Microsoft’s recent hiring of former Inflection AI employees and its partnership with startups.

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Tesla’s UK lawsuit for 5G patents licence thrown out by UK court
OUR TAKETesla’s efforts to secure favourable licensing terms for 5G technology patents have been blocked by a London High Court ruling that dismissed the com…

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Google reportedly eyeing a $23B acquisition for Wiz
Google’s parent company Alphabet is reportedly in advanced acquisition talks with Wiz in a deal that could be worth as much as $23 billion. Google is working…

Events
SoftBank acquires Graphcore, boosting UK AI chipmaker’s future
Japan’s SoftBank Group has acquired UK-based AI chipmaker Graphcore, providing the resources needed for competitive growth in the AI sector.

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SoftBank of Japan acquires British AI chipmaker Graphcore
British AI chip firm Graphcore, once valued at $2.58 billion, has been acquired by SoftBank for a reported $500 million.

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Intel leads funding in Israeli AI construction startup Buildots
Buildots secures $15 million from Intel Capital to expand its AI software aimed at reducing construction delays by up to 50% and improving cost efficiencies.

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AMD to acquire Finnish Silo AI for $665M to boost AI capabilities
AMD is poised to acquire Finnish startup Silo AI for $665 million, reinforcing its ambitions to excel in the challenging AI industry.

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SoftBank rescues Graphcore, sparks UK funding debate
SoftBank Group has acquired Graphcore for an undisclosed sum, putting an end to long-running speculation about the company’s future.

Events
Paytm gains crucial approval for investment in key subsidiary
India’s Paytm secured approval from a government panel to invest $6 million into its subsidiary, pending finance ministry clearance.

Events
Taiwan central bank has no timetable for launch of digital currency
OUR TAKE A study released in March showed that a total of 134 countries, representing 98% of the global economy, are exploring digital versions of their nati…
