This story incorporates reporting from The Financial Times, New York Post, The Australian Financial Review, Business Insider, Business Insider and Bloomberg L.P..SoftBank, the Japanese multinational conglomerate,
SoftBank is negotiating a $500 million investment in Skild AI, a software company building a foundational model for robotics at a $4 billion valuation, Bloomberg and Financial Times reported. The two-year-old company raised its previous funding round of $300 million at a $1.
Rogers Communications Inc. beat analysts’ fourth-quarter estimates as wireless service revenue gained and subscribers bought more expensive devices.
Nick Leeson went from being a symbol of everything that is wrong with financial markets to investigating the kind of misconduct he became famous for.
The billionaire Ambani family won the bidding battle for a stake in the Oval Invincibles cricket team in London, after interest from private equity firms and Silicon Valley executives.
Microsoft is making DeepSeek's R1 AI model available for developers via Azure AI Foundry and GitHub after "rigorous safety evaluations"
Czech Finance Minister Zbynek Stanjura has warned against CNB’s proposal to consider investing up to 5% of its reserves in Bitcoin, citing volatility risks.
OpenAI and Microsoft reportedly have evidence of DeepSeek using GPT data to train its own AI models. More details here.
The DeepSeek drama may have been briefly eclipsed by, you know, everything in Washington (which, if you can believe it, got even crazier Wednesday). But rest assured that over in Silicon Valley, there has been nonstop,
After training for free with all of the Internet, AI companies are starting to copy each other without permission. The world continues to wonder how DeepSeek was able to train an AI model like R1 with only 2,
It’s early days, but there already appears to be a clear buzzword among corporate executives this earnings season: tariffs.
OpenAI has alleged that DeepSeek stole data from the company to train its R1 AI model and used a special technique to mask its tracks.