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.
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.
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.
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,