OpenAI says it is generating $2B in monthly revenue, with enterprise accounting for 40%+ of it, and is on track to reach parity with consumer by the end of 2026 — Today, we closed our latest funding round with $122 billion in committed capital at a post money valuation of $852 billion.
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Analysis: half of Asia's 10 most volatile stocks are recent AI IPOs, including China's Moore Threads and MiniMax, driven by thin institutional ownership — Chinese artificial-intelligence firms have emerged as one of the most volatile pockets of Asia's equity markets, with shares …
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Grab, in partnership with WeRide, launches a robotaxi service in Singapore, becoming Southeast Asia's first ride-hailing provider to offer a driverless service — Singapore's Grab Holdings Ltd. became Southeast Asia's first ride provider to start a driverless service, betting the technology …
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A suspected system failure caused a number of Baidu robotaxis to stop across Wuhan, trapping passengers and reportedly causing traffic disruptions and crashes — A suspected system failure froze Baidu's robotaxis across Wuhan, trapping passengers and reportedly causing traffic disruptions and crashes.
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The European Union's main institutions have banned staff from using fully AI-generated videos and images in official communications — BRUSSELS — The European Union's main institutions have banned staff from using artificially generated videos and images in official communications.
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Perplexity faces a proposed class action lawsuit alleging it shared users' personal data with Meta and Google even in Incognito mode, violating CA privacy laws — Perplexity AI Inc. was accused in a lawsuit of surreptitiously sharing the personal information of its users with Meta Platforms Inc …
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Apple says it will push out rare “backported” patches for iOS 18 to protect users from DarkSword, a hack that silently takes over iPhones running the older OS — As a DarkSword takeover technique spreads, Apple tells WIRED it will release fixes for millions of iPhone owners …
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Mercor confirmed it was affected by a recent supply chain attack involving LiteLLM; hacker group Lapsus$ claims it accessed and stole Mercor's data — Mercor, a popular AI recruiting startup, has confirmed a security incident linked to a supply chain attack involving the open-source project LiteLLM.
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Kestra, an open-source workflow orchestration startup, raised a $25M Series A led by RTP Global, as Kestra looks to expand its go-to-market strategy — Kestra, an open-source workflow orchestration startup, raised a $25 million Series A led by RTP Global, CEO Emmanuel Darras tells Axios Pro exclusively.
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Depthfirst, which aims to build a “general security intelligence” for finding and fixing company vulnerabilities, raised an $80M Series B at a $580M valuation — AI cybersecurity firm Depthfirst has scored $120 million in funding to build a kind of “general security intelligence” that can defend against malicious AI.
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Source: Google plans to release a screenless Fitbit band later this year; it will include basic features and require a paid subscription for more functionality — Alphabet Inc.'s Google is developing its own fitness band, aiming to compete with screenless wearable devices from upstarts like Whoop Inc. and Oura Health Oy.
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Salesforce announces over 30 new features for Slack, including a meeting transcription feature and an operator mode to complete multi-step tasks on the desktop — For years, Slack has been where teams go to communicate. Now, it's setting its sights on something bigger …
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NYC Mayor Zohran Mamdani allows city agencies to use TikTok, with some restrictions, reversing a 2023 ban his predecessor enacted over data security concerns — The @nycmayor handle had been inactive since 2023 when former Mayor Eric Adams banned TikTok from being used on city government devices due …
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