Business — page 20

Proception settles Tesla trade secrets suit, raises $11M for robot hands
Ex-Optimus engineer Jay Li's startup closes a First Round-led seed and starts shipping a 22-degree-of-freedom robotic hand.

Palantir taps NVIDIA Nemotron open models for US government AI
The deal puts customizable frontier models inside air-gapped federal environments, with agencies keeping the weights they train.

China's CXMT lands $3B memory supply deal with Tencent
The deal hands a domestic Chinese memory maker its largest AI customer to date, as Tencent races to secure chips for data center buildouts.

Baidu's chip unit Kunlunxin eyes $50 billion Hong Kong IPO
The AI accelerator spinout would list in Hong Kong at a valuation that rivals top global chip designers, per The Information.

Suno's Spark incubator asks artists to sign away rights and stay quiet
The AI music startup wants unsigned artists for grants and mentorship — in exchange for broad licenses, a class-action waiver, and a non-disparagement clause.

Austria lobbies EU to host Anthropic after US export curbs
Vienna pitches itself as a European base for the Claude maker as Washington's access controls reshape where frontier AI can sell.

Google restricts Meta's access to Gemini AI models
The curb signals Google treating Meta as a direct AI rival rather than a customer, per a Financial Times report.

Apple's Vision Pro chief Paul Meade is leaving for OpenAI's hardware team
Meade, who also led Apple's planned AI smart glasses, joins an OpenAI hardware push already staffed by Jony Ive.

Apple raises Mac, iPad, and HomePod prices, blames AI memory crunch
Tim Cook calls the hikes unavoidable as AI data centers outbid consumer device makers for RAM — even with Apple posting four straight record quarters.

OpenAI hires Uber India chief Prabhjeet Singh to run its second-largest market
The first India MD will report to APAC chief Kiran Mani as OpenAI races Anthropic and Microsoft for more than 1 billion internet users.

Europe pushes AI sovereignty as Trump export controls jolt the continent
Macron's Choose France lands €100B in AI infrastructure pledges; a short-lived Claude Fable export ban becomes the wake-up call.

Anthropic hits near-$1T valuation while warning AI could destroy the world
Founded in 2021 by OpenAI defectors, Anthropic now sells Claude to the Pentagon and argues that dominating AI is the only way to make it safe.

Micron overtakes Meta and Tesla in market value on AI memory demand
The memory maker's rise reflects how HBM has become the gating resource for AI training, not GPUs alone.

Amazon MGM drops $40M OpenAI biopic as tech-Hollywood ties tighten
MGM Studios shelved Luca Guadagnino's Sam Altman film 'Artificial' near completion, days after Google DeepMind's $75M A24 deal.

Patronus AI raises $50M to stress-test AI agents in simulated worlds
Greenfield Partners leads a Series B as frontier labs line up for digital environments that catch agent shortcuts before deployment.

Notion shuts down Notion Mail as agents take over inboxes
More than half of Notion Mail users never open the inbox — so Notion is killing the app and leaning fully on AI agents.

General Intuition raises $320M at $2.3B to train AI agents on gameplay
Khosla Ventures led the round on a bet that hundreds of millions of hours of human gameplay data can teach AI to navigate the physical world.

Claude's paying consumers up 75% since January, eating into ChatGPT's lead
Credit card data from 28 million U.S. consumers shows Anthropic's Claude gaining on ChatGPT in a market OpenAI has owned outright.

Netris raises $15M from a16z to cut neocloud setup time
The network automation startup is already live across 35 GPU clusters and about 1 million GPUs at customers including Foxconn and HPE.

Adobe acquires Topaz Labs to fold on-device AI upscaling into Firefly
The deal brings Topaz's Astra video upscaler and Wonder image enhancer into Creative Cloud as Adobe fends off Canva and Blackmagic.

FIFA hands every World Cup team an AI agent as data arms race escalates
FIFA will track 150 million data points per match at the 2026 tournament and is offering Football AI Pro to all 48 nations to narrow the analytics gap.

Ford rehires 350 veteran engineers to fix errors made by its AI systems
After topping JD Power's initial quality ranking for the first time in 16 years, Ford admits its automated design systems weren't ready to run alone.

Amazon commits $13B more to India AI and cloud through 2030
The third India commitment in three years brings Amazon's total to $48B, funding AWS data center expansion in Mumbai and Hyderabad.

Netherlands lobbies Congress against MATCH Act curbs on ASML China sales
Dutch Trade Minister Sjoerd Sjoerdsma met Howard Lutnick to oppose a bill that would cut off 19% of ASML's system sales.
Stay ahead of everyone in AI.
The tightly edited AI news email engineers, founders, and investors actually open. One email. Every weekday. Five minutes to finish.
The briefing read inside teams at