Vertice has bought Vendr. The London-based AI procurement company announced on Monday that it has acquired the US software-pricing firm, a deal it says creates the world’s largest procurement intelligence dataset by combining the two companies’ data on what they buy and how they negotiate. Terms of the acquisition were not disclosed. The combined dataset, […]

The Nvidia-backed AI video firm joins Anthropic and OpenAI in betting on London, citing customers including the BBC, Fremantle and WPP. Runway is making London its European headquarters and has pledged to put more than $200m into the UK’s AI ecosystem by the end of 2028, the company told CNBC on Monday. The New York […]

Jensen Huang spent a portion of his Computex keynote reading out a guest list. Anthropic, OpenAI, SpaceX and Oracle, the Nvidia chief executive told the audience in Taipei on Monday, are among the first big users of Vera, the company’s new in-house processor. Nvidia, a firm that built its empire on graphics chips, would now […]

If you have been meaning to register for the TNW, Oneflow & Flexas Gathering Amsterdam and have not got round to it, this is the moment. The event takes place on Wednesday 3 June at De Weesper on Weesperstraat, and the guest list is nearly full. Tickets remain free, but only for as long as there […]

MiniMax went public in Hong Kong less than five months ago. Its shares have since roughly quadrupled. Now the Chinese AI startup wants to do it again, closer to home. In a filing to the Hong Kong stock exchange on Sunday, MiniMax said it is exploring a listing on Shanghai’s STAR Market, the mainland’s tech-focused […]

Internal documents show the Model Capability Initiative captures emails and chats US employees exchange with European colleagues, putting the AI-agent training programme on a collision course with GDPR. Meta’s Model Capability Initiative, the surveillance programme it deployed across US employee workstations in April to capture keystrokes, mouse clicks and screen contents for AI-agent training, is […]

Modern chips have a measurement problem that sounds almost philosophical: they have become too complex to look at. As logic and memory devices stack into three dimensions and shrink to a few nanometres, the optical tools that check each layer can no longer resolve the structures buried inside. Invisix, an Eindhoven startup spun out of […]

Beijing’s new framework codifies the technology-tracing approach the NDRC used to unwind Meta’s $2bn Manus acquisition, making cross-border AI deals materially harder. China has formalised a tougher framework for outbound-investment review, codifying the legal-and-administrative posture the National Development and Reform Commission used to unwind Meta’s $2bn acquisition of AI-agent startup Manus in April. The updated rules, […]

New Commerce Department guidance ties export-licence rules to where a company is headquartered, not where it sits, snaring the overseas units of Chinese AI firms. For about a year, there was a way around America’s toughest chip controls, and it was a matter of geography. A Chinese AI company barred from buying Nvidia’s best processors […]

SoftBank’s market cap topped Toyota’s on Monday for the first time in 23 years, lifted by its ~$65bn OpenAI stake and a Nikkei breaking 67,000 for the first time. SoftBank Group overtook Toyota Motor on Monday to become Japan’s most valuable listed company, the first time the auto giant has been dethroned from the top […]