News

In Brief Posted: 4:59 AM PDT · May 28, 2025 Image Credits:Neuralink Elon Musk’s brain implant startup, Neuralink, has raised $600 million in a funding round that values the company at $9 billion pre-money, Semafor reported, citing anonymous sources. Semafor did not mention the investors involved in the round. Neuralink last raised $43 million in…

Four former Volkswagen executives received prison sentences Monday for their role in the emissions-cheating scandal that fundamentally transformed Europe’s car market. The verdict, delivered after a three-year trial in Braunschweig, Germany, marked the latest chapter in a 10-year-long saga that reshaped the continent’s relationship with diesel technology…

It’s not your imagination, graduating seniors. The tech industry’s pullback from entry-level hiring has reached concerning levels. LinkedIn’s chief economic opportunity officer, Aneesh Raman, warned in The New York Times last week that “bottom rung of the career ladder” is “breaking” as AI eliminates traditional stepping-stone positions…

Richard White, then-chief executive officer of WiseTech Global, gestures during the Morgan Stanley Australia Summit in Sydney in June 2024. Brent Lewin/Bloomberg WiseTech Global, the Australian logistics software company founded by Australian billionaire Richard White, plans to buy U.S.-based cloud computing firm E2open for $2.1 billion. The Sydney-based company signed a deal with E2open Parent…

In Brief Posted: 1:01 AM PDT · May 27, 2025 Image Credits:Exo Samsung’s venture investment unit is looking to invest in California-based medical device startup, Exo, in a round that could climb to $100 million, Bloomberg reported, citing anonymous sources. The round is being led by Sands Capital, Bold Capital and Qubit Health Capital, the…

From OpenAI’s 4o to Stable Diffusion, AI foundation models that create realistic images from a text prompt are now plentiful. In contrast, foundation models capable of generating full, coherent 3D online environments from a text prompt are only just emerging. Still, it’s only a question of when, not if, these models will become readily available.…