Tag: Silicon UK

Anthropic Doubles Valuation With $30bn Funding Round

AI start-up completes fund raise with $380bn valuation, as investors show strong demand for leading companies in hot sector This article has been indexed from Silicon UK Read the original article: Anthropic Doubles Valuation With $30bn Funding Round

Portugal Approves Social Media Restrictions For Under-16s

Portuguese parliament approves bill requiring age verification, parental consent for youths aged 13 to 16 to access social media This article has been indexed from Silicon UK Read the original article: Portugal Approves Social Media Restrictions For Under-16s

Italian Tax Police Raid Amazon’s Milan Office

Italian authorities open new probe into whether Amazon maintained undeclared establishment in country, amid other investigations This article has been indexed from Silicon UK Read the original article: Italian Tax Police Raid Amazon’s Milan Office

Anthropic To Help Pay For Data Centre Grid Costs

AI start-up says it will work with utilities to help reduce the impact of its massive, power-hungry data centres on consumer prices This article has been indexed from Silicon UK Read the original article: Anthropic To Help Pay For Data…

Instagram Chief Says Platform Not ‘Clinically’ Addictive

Instagram chief executive Adam Mosseri tells court social media services are not ‘clinically’ addictive, as bellwether trial continues This article has been indexed from Silicon UK Read the original article: Instagram Chief Says Platform Not ‘Clinically’ Addictive

Wingtech Loses Bid To Reclaim Nexperia

Court upholds emergency measures to keep automobile chipmaker under European control, conduct investigation into alleged mismanagement This article has been indexed from Silicon UK Read the original article: Wingtech Loses Bid To Reclaim Nexperia

xAI Hit By Departure Of Co-Founders

Technical leadership of AI start-up diminished after departure of six co-founders, with two leaving within a day of one another This article has been indexed from Silicon UK Read the original article: xAI Hit By Departure Of Co-Founders

Stellantis Looks To Exit Samsung EV Battery Venture

Stellantis reportedly looking to pull out of US EV battery joint venture with Samsung, after US policy shift spreads gloom in sector This article has been indexed from Silicon UK Read the original article: Stellantis Looks To Exit Samsung EV…

Publishers File EU Complaint Over Google Summaries

Latest formal complaint could add weight to existing Commission probe over ‘forced’ use of content to power AI Overviews This article has been indexed from Silicon UK Read the original article: Publishers File EU Complaint Over Google Summaries

India Sharply Reduces Content Takedown Deadline

Indian government says large social media platforms must remove content deemed illegal in three hours, down from 36, in major shift This article has been indexed from Silicon UK Read the original article: India Sharply Reduces Content Takedown Deadline

EssilorLuxottica Sees Sales Boost From Meta Glasses

World’s largest glasses maker, owner of Ray-Ban and Oakley brands, sees 18 percent rise in sales in fourth quarter after AI boost This article has been indexed from Silicon UK Read the original article: EssilorLuxottica Sees Sales Boost From Meta…

Meta Breaks Ground On $10bn Indiana Data Centre

Facebook parent Meta begins construction of facility planned to cover 4 million square feet with 1 GW of compute capacity This article has been indexed from Silicon UK Read the original article: Meta Breaks Ground On $10bn Indiana Data Centre

Blackstone Boosts Stake In Anthropic

World’s largest alternative asset manager reportedly looking to increase stake in AI start-up to around $1bn, amid ongoing funding round This article has been indexed from Silicon UK Read the original article: Blackstone Boosts Stake In Anthropic

Pony.ai, Toyota Start Robotaxi Mass-Production

Mass production begins for robotaxi co-developed with Toyota, as Pony.ai seeks to expand availability of autonomous vehicles This article has been indexed from Silicon UK Read the original article: Pony.ai, Toyota Start Robotaxi Mass-Production

Chinese Company Rents Dancing Robots

Start-up Botshare offers humanoid robots for entertainment purposes ahead of Valentine’s Day and Lunar New Year, as robot makers seek use cases This article has been indexed from Silicon UK Read the original article: Chinese Company Rents Dancing Robots

Apple, Google Agree To ‘First Steps’ With CMA

Apple, Google say they will improve transparency and fairness in treatment of apps on their platforms, amid discussions with UK regulator This article has been indexed from Silicon UK Read the original article: Apple, Google Agree To ‘First Steps’ With…

Japan’s KDDI Uncovers $1.5bn In Fictional Transactions

KDDI delays disclosure of quarterly financial results after finding ¥246bn in fictional transactions and ¥33bn in fraudulent payments This article has been indexed from Silicon UK Read the original article: Japan’s KDDI Uncovers $1.5bn In Fictional Transactions

Crypto Exchange Accidentally Gives Away $40bn

South Korean cryptocurrency exchange Bithumb erroneously sends more than $40bn in cryptocurrency to customers as part of promotion This article has been indexed from Silicon UK Read the original article: Crypto Exchange Accidentally Gives Away $40bn