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Apple has allegedly filed a trade secrets lawsuit against OpenAI that could complicate the artificial intelligence company's path to a public listing.
The company says revenue growth justified the step-up. Some limited partners aren’t sure paper markups should count for as much as they do.
Uber has agreed to acquire Berlin-based Delivery Hero in a $14.8 billion deal that would extend the combined platform to 99 markets and consolidate the world's largest food delivery business outside China.
A cybersecurity firm built by former employees of the Dutch intelligence services raised €60 million to sell “sovereign” European security — but part of the money behind it is American, a useful reminder of what the label does and does not mean.
Apple has published the rulebook for its forthcoming Maps advertising product, and the document reveals a deliberately narrower commercial surface than the one Google operates.
Saudi Arabia and the United Arab Emirates have spent the past year trying to prove that enough capital can purchase a way out of a monopoly.
Munich-based defence AI company Helsing has closed a $1.8 billion Series E at an $18 billion valuation, according to Tech.eu . The round was oversubscribed, with the company stating that investor demand significantly exceeded the available allocation.
The U.S. federal auto safety regulator has issued a formal ultimatum to the autonomous vehicle industry, demanding that developers produce fixes for robotaxis that interfere with first responders — a directive that arrives just as the commercial architecture holding the sector together begins to visibly crack.
The US Cybersecurity and Infrastructure Security Agency (CISA) has admitted it began writing its incident response playbook during the incident it was responding to — a breach in which a contractor exposed administrative credentials to Amazon AWS GovCloud accounts and internal CISA systems on a public GitHub repository.
The New York Times and Daily News have accused OpenAI of concealing internal tools capable of searching its training data and ChatGPT conversation logs for copyrighted material, escalating a copyright battle that could reshape the economics of generative AI. The plaintiffs are now asking the court to sanction OpenAI for allegedly obstructing discovery.
SK Hynix's $26.5 billion U.S. market debut is the largest IPO by a non-American company in U.S. history.
General Intuition, a startup building what it describes as a foundation model for embodied AI, has raised $320 million at a $2.3 billion valuation on the thesis that robotics is approaching the same inflection point language AI crossed with GPT-3. The company's approach — training on millions of hours of video game data rather than real-world robot telemetry — was detailed by TechCrunch this week.
