Category: Ai updates
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Stitch Closes $25M Series A Led by Andreessen Horowitz
Insider Brief Stitch, a cloud-native operating system for financial institutions, has raised $25 million in Series A funding led by Andreessen Horowitz, marking a16z’s first investment in the GCC and bringing total funding to $35 million. The platform gives banks and financial institutions a single unified stack spanning lending, cards, payments, and ledgers that can…
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Apple to Relaunch Siri With Privacy-First AI Features and Auto-Deleting Chats at June Developer Conference
Apple is preparing a significant overhaul of Siri for its Worldwide Developers Conference in June, with privacy positioned as its primary differentiator in an increasingly crowded AI assistant market, according to reports from Bloomberg’s Mark Gurman. The revamp will include Apple’s first standalone Siri app, powered by Google Gemini, offering a conversational chatbot experience comparable…
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AI anger comes for Claude (Monet)
Read Online | Sign Up | Advertise Good morning, {{ first_name | AI enthusiasts }}. Thousands of people on X just confidently explained why an AI-generated image was inferior to a real Monet. Just one problem: It WAS a real Monet. Conceptual artist SHL0MS’ latest experiment says less about AI art and more about the…
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AI is a matter of power, infrastructure and security: TechEx North America
Although visitors to an event like TechEx North America will always want to see the cutting edge front and centre stage, the nuance and detail brought to the show by the speakers and exhibitors mean that it’s sometimes the smaller considerations that need to play big – at least, in the minds of enterprise decision-makers.…
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Amazon launches Alexa for Shopping as Rufus moves behind the scenes
Amazon has introduced Alexa for Shopping, combining its Rufus shopping chatbot with Alexa+ across its app, website, and Echo Show devices. The assistant can answer product questions, compare items, track prices, and support shopping reminders. It can also handle scheduled shopping actions and eligible automated purchases. The company said Alexa for Shopping combines Rufus’ product…
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Understanding China’s Robot Revolution: China’s Robotic Dominance Limited by Machine Minds, Not Human Brains
Insider Brief A new report from the Mercator Institute for China Studies found China dominates global robot manufacturing but remains heavily dependent on U.S. technology for the AI systems powering many of its humanoid robots. According to the report, China produced roughly 90% of the world’s humanoid robots last year and now controls much of…
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WIRobotics Raises USD $68M in Series B Funding to Develop Humanoid Robotics Platform
Insider Brief South Korean robotics company WIRobotics raised about $68 million in a Series B funding round as the company expands beyond wearable robotics and accelerates development of its humanoid robotics platform ALLEX. According to the company, the funding will support development and commercialization of ALLEX, a humanoid platform focused on human-level object manipulation, while…
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Cisco Cuts 4,000 Jobs to Fund AI and Cybersecurity Push Despite Record Quarterly Revenue
Cisco is eliminating nearly 4,000 positions — approximately 5% of its global workforce — to restructure its cost base and redirect investment toward artificial intelligence and cybersecurity, the networking giant announced alongside better-than-expected fiscal third-quarter results. CEO Chuck Robbins described the company as achieving record revenue and double-digit growth, while framing the redundancies as a strategic shift toward embedding…
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OpenAI Pursues Legal Action Against Apple as Codex Goes Mobile in Battle With Anthropic
OpenAI has integrated its Codex AI coding agent into the ChatGPT mobile app for iOS and Android, allowing developers to monitor live environments, review outputs, approve commands, and manage workflows remotely. The update, currently in preview, follows Codex gaining background desktop capabilities last month and a Chrome extension earlier this month — part of a rapid expansion…
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SpaceXAI Faces Twin Crises as Brain Drain Accelerates and Gas Turbine Pollution Lawsuit Looms
SpaceXAI, the company formed after SpaceX acquired xAI in February, is facing mounting pressure on two fronts: a significant exodus of AI research talent and a legal challenge over environmental violations at its Mississippi data center. More than 50 researchers and engineers have departed since the merger, according to reports, including key leaders in coding,…
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