Meta Platforms and EssilorLuxottica’s new generation of smart glasses have sold more in a few months than the old ones did in two years, EssilorLuxottica’s Chief Executive said on Tuesday.
After almost two years of negotiations, a deal to split Russian tech giant Yandex’s assets was completed this week, with most revenue-generating businesses staying in Russia and former CEO Arkady Volozh returning to lead a new AI-focused group abroad.
The U.S. Federal Trade Commission has asked Amazon.com to provide more details on its deal to hire top executives and researchers from artificial intelligence startup Adept, a person familiar with the matter told Reuters.
SoftBank-backed Indian e-scooter maker Ola Electric is likely to value the company at around $4.5 billion for its initial public offering (IPO), around 16%-20% lower than the valuation at its last funding round, two sources told Reuters.
SymphonyAI, a U.S. artificial intelligence company whose products help the likes of Pepsi predict demand and financial companies spot fraud, is preparing to go public in the second half of next year, its chief executive said in an interview.
Leonardo is working with France’s Thales and Airbus on a joint strategy for the space sector, the head of the Italian aerospace and defence group said on Tuesday.
Britain’s competition regulator has started a formal investigation into Microsoft’s hiring of some former staff of Inflection AI and its partnership with the startup, it said on Tuesday.
Freed from its ties to Russia, newly unveiled Dutch firm Nebius hopes to help lead the great drive to build the infrastructure underpinning artificial intelligence, founder Arkady Volozh, who previously set up Russian tech giant Yandex, told Reuters.
If Alphabet’s Google is successful in its effort to buy cloud security company Wiz, it would bolster its cloud security offerings for large organisations, a hotspot for hackers, and help it take on cloud rivals Amazon.com and Microsoft , experts said.
An Australian computer scientist who claimed he invented bitcoin faces a criminal investigation in Britain for alleged perjury after he was found to have repeatedly lied and forged documents to support his false claim.
