/AI
New Italian unicorn Exein rides the physical AI wave
Italian startup Exein raises $270 million to provide a cybersecurity layer for physical AI devices, targeting sectors from aerospace to automotive.
Company momentum
Costco Wholesale Corporation
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The excerpts merely list tech developments and financing news that reference Costco without providing any evaluative commentary, resulting in a factual, neutral tone.
Latest coverage
/Technology
MediaTek launches new mobile chip using TSMC's most advanced technology
MediaTek unveiled the Dimensity 9600 Pro and 9600M, built on TSMC's 2‑nm and 3‑nm processes, boosting on‑device AI capabilities for flagship smartphones.
/AI
DeepSeek Launches Sparse Attention Model, Halves API Costs
DeepSeek has unveiled V3.2-exp, a sparse‑attention model that can cut per‑call API costs by up to 50%.
/AI
Positron AI Raises $875M to Prove Commodity Memory Can Beat HBM in Inference
Reno-based AI hardware startup Positron AI closed an $875 million Series C financing round, arguing commodity LPDDR5X memory can match Nvidia’s high‑bandwidth memory for inference workloads.
/Technology
UAE revises AI data center plan after Iranian attacks
The United Arab Emirates has updated its AI data center strategy following a series of Iranian cyber attacks, aiming to strengthen national AI infrastructure and security.
/Technology
Tesla Cybertruck Powershare finally backs up homes with a Powerwall 3
Tesla announced that its Cybertruck Powershare feature can now work with the Powerwall 3, extending home backup power by over three days and effectively adding nine extra Powerwalls.
/Business
UK's IG Group plans significant layoffs, Sky News reports
British online trading platform IG Group announced a major reorganisation that will cut a substantial portion of its 2,300‑person workforce, following a recent acquisition of U.S. fantasy‑sports operator Underdog.
/Infrastructure
European Investment Bank loans Elia €1 billion for Princess Elisabeth energy island
The EIB provided a €1 billion credit to Belgian grid operator Elia for its offshore Princess Elisabeth island project, a key infrastructure investment to connect future wind farms to the national grid.
/Technology
ASML to work with major chipmakers to use latest tools for larger chips
ASML announced plans to collaborate with its major customers to produce advanced lithography tools capable of printing larger data‑center chips, a move that could boost chip manufacturing capacity for companies like Nvidia and Intel.
/Startups
Stoke Space raises $1 billion and unveils larger launch vehicle
Stoke Space Technologies secures a $1 billion round to accelerate development of its reusable Nova Pathfinder launch vehicle.
/Business
Amazon Announces Further Workforce Reductions in Washington State, Affecting 121 Employees Amidst Broader Restructuring
Amazon will permanently lay off 121 employees across Washington state as part of a broader AI‑driven restructuring effort, even as the company reports strong financial performance.
/AI
Mistral Drops Two New AI Models to Challenge OpenAI's Dominance
French AI startup Mistral unveiled its flagship multimodal model and a tiny chip for drones and robots, positioning itself as a serious competitor to OpenAI and Google.
/Business
Nvidia wraps itself in $12.9 bln of insurance
Nvidia’s acquisition of Hugging Face for $12.9 billion is seen as a strategic insurance move to secure its AI ecosystem and protect against future disruptions.
/Web3
Circle Sets Arc Mainnet Launch With Major Institutional Backing
Circle is preparing to launch its USDC‑native Layer 1 blockchain, Arc, on Sept. 16, targeting institutional payments and settlements.
/Startups
Guickly launches with $4.2M in seed funding to give enterprises control of AI investments
Former Google Applied AI lead Prashant Jalan founded Guickly to provide on‑premises visibility into AI spend, usage, and ROI, addressing the lack of attribution in enterprise AI projects.
/Business
xAI Launches Grok Bot for Enterprise With Free Trial to Challenge Rivals
Elon Musk’s xAI introduced Grok Bot, an enterprise‑ready conversational assistant with zero data retention and a 30‑day free trial, targeting business productivity markets.
/Infrastructure
Microsoft partners with Scale AI to enhance data labeling for autonomous vehicles
Microsoft and Scale AI announced a partnership to provide high‑quality labeled datasets for autonomous vehicle research, boosting model accuracy and safety.
/Product & Design
Apple Apparently Cancels Plans for Two New MacBooks
Apple has canceled plans for a foldable MacBook and a larger OLED MacBook Pro model, according to research firm Omdia.
/AI
Introducing Gemini 3.8 Flash and 3.8 Flash Cyber
Google unveils its newest Gemini models, offering advanced reasoning, coding, and cybersecurity capabilities at competitive pricing.
/Technology
HiddenLayer nabs $100 M as enterprises rush to secure their AI deployments
HiddenLayer raised $100 million in a Series B, expanding its AI security tools to protect models, agents, and workflows from adversarial attacks.
/Branding
Vodafone Idea: Rebrands with New Logo Effective September 1, 2026
Vodafone Idea Limited unveiled a new corporate logo and brand identity, aiming to project optimism and a forward‑looking vision as part of its rebranding strategy.
/Startups
Stability AI raises $76 million in Series B to fuel creative AI tools
The generative‑AI studio, focused on music, gaming and entertainment, secured a $76 million round that brings its total funding to $232 million.
/Product & Design
Skild AI’s S1 Uses One Human Video to Prompt Robots Through 10‑Minute Tasks
Skild AI unveiled its S1 robot foundation model that can learn a task from a single human‑task video, enabling multi‑step jobs without retraining.
/Startups
Veeda AI Raises $90M Seed to Build “The Matrix” for Physical AI
Toronto‑based Veeda AI has secured $90 million in seed funding to develop scalable simulation environments that let embodied AI agents learn without real‑world trials.