Qualcomm and Arm Face Jury Verdict in Licensing Dispute
Qualcomm’s lawsuit against chip technology supplier Arm Holdings is heading to a jury in a five-day trial to determine whether Arm breached licensing agreements and deliberately undermined Qualcomm’s business dealings with Meta Platforms. The...
Synopsys, AWS Sign Multi-Year Chip Design Licensing Deal Worth Over $1 Billion
Synopsys and Amazon Web Services (AWS) on Wednesday announced a multi-year agreement worth more than $1 billion under which AWS will license chip design intellectual property from Synopsys. The deal expands Synopsys’ growing business...
Apple Plans Smart-Home Push With New Hub on October 13
Apple is planning to expand its presence in the smart-home market with a new home hub, code-named J490, expected to be launched on October 13, Bloomberg News reported on Wednesday, citing people familiar with...
Anthropic Eyes $2 Trillion Valuation as AI Ambitions Drive Massive Costs
Anthropic is preparing for a potential blockbuster IPO that could value the artificial intelligence startup at more than $2 trillion, according to its IPO prospectus reviewed by Reuters. The company reported revenue of nearly...
Apple Extends Patent Licensing Agreement with Qualcomm
Qualcomm announced on Thursday that Apple has extended its patent-licensing agreement with the chip designer, even as the iPhone maker continues efforts to reduce its reliance on Qualcomm’s modem chips. The company did not...
Former Google DeepMind Researcher Warns AI Could “Kill All Humans”
A former Google DeepMind researcher has warned that artificial intelligence could potentially “kill all humans,” saying the world may be running out of time to prevent such an outcome. Bilal Chughtai, who worked as...
UK Spends Nearly $40 Million on SpaceX Military Satellite Services
Britain has spent nearly $40 million on SpaceX satellite services, deepening its reliance on Elon Musk’s company for military communications amid growing European concerns about dependence on U.S. security infrastructure. The UK Ministry of...
EU Designates ChatGPT, Reddit and Roblox as Very Large Platforms
The European Commission said on Monday that ChatGPT, Reddit and Roblox will have to comply with the European Union’s rules for very large online platforms and search engines under the Digital Services Act (DSA)....
Lovable Raises $400 Million at $13.3 Billion Valuation
Swedish vibe-coding startup Lovable has raised $400 million in a Series C funding round, valuing the company at $13.3 billion and doubling its valuation from December. The round was co-led by Menlo Ventures and...
U.S. Launches $5 Billion AI Initiative to Accelerate Scientific Research
The Trump administration has announced a $5 billion initiative to tackle long-standing scientific challenges using artificial intelligence across multiple fields. The program will involve 15 federal agencies, including the Departments of Health and Human...