The Chinese AI startup MiniMax saw its shares jump as much as 90% on its first day of trading in Hong Kong on Friday, March 28. The company raised $620 million, significantly outpacing the debut of its rival Zhipu AI just one day earlier.
AI infrastructure company Nscale is aiming to raise a massive $2 billion in a pre-Series C round. This comes just days after closing its Series B funding, which was led by industrial investment giant Aker ASA.
A new image-editing feature on xAI’s Grok chatbot has been used to create nonconsensual sexualized imagery, including of minors. The scandal has triggered investigations worldwide and exposed deep internal tensions over the platform’s lax safety guardrails.
Microsoft is putting buy buttons directly inside its Copilot AI chatbot. The feature, rolling out now in the US, lets you purchase items from select retailers without ever visiting their websites. It’s the latest move in the race to turn AI assistants into shopping agents.
Chipmaker Qualcomm and Google are deepening their collaboration to build smarter, software-defined vehicles. The partnership aims to fuse Qualcomm’s Snapdragon Digital Chassis with Google’s Android Automotive OS and Gemini AI to create a unified development platform. This move is set to accelerate h
Cantor Fitzgerald analyst Deepak Mathivanan sees 15% more upside for Alphabet stock, upgrading it to overweight. He cites the company’s AI moats and an easing regulatory environment as key drivers. But after a 65% surge last year, the pressure is on for Google to execute.
Cyera, a data security startup, just raised $400 million at a $9 billion valuation, doubling its worth in just six months. The AI boom is creating a massive new market for securing the data that fuels corporate AI ambitions, but it’s also supercharging the threat landscape.
Google has removed the subscription requirement for three Gmail AI features, making them free for all personal account holders in the United States. The move includes “Help Me Write,” personalized “Suggested Replies,” and AI summaries for long email threads, signaling a major shift in the AI assista
A judge has signaled that Elon Musk’s lawsuit against OpenAI will go to trial, rejecting a bid to dismiss the case. This legal battle over OpenAI’s shift to a for-profit model could have major implications for enterprise AI strategies built on Microsoft’s Copilot and Azure.
In a significant regulatory move, the EU has mandated that X retain all data and documents concerning its AI chatbot, Grok. This order comes amid a growing crisis over nonconsensual imagery on the platform.
