The Next Web (1 hour ago)
SK Hynix reported record third-quarter results on Wednesday, 28 October. Operating profit rose 632% from a year earlier to 83.3 trillion won (about $62bn). Revenue rose 328% to 104.6 trillion won, it said in its earnings release.
Read the full story on The Next Web.
Robotics AI startup Physical Intelligence is in talks to raise money at a valuation of about $20bn. It builds AI software that lets robots handle real-world tasks. Rebecca Torrence and Natasha Mascarenhas reported the talks for Bloomberg on Tuesday, citing people familiar with the matter.
Machenta, a London robotics startup spun out of Imperial College London, has raised a $40M seed round. It is building an AI model that teaches robots a new task from a single demonstration. Creandum and Union Square Ventures co-led the round, Imperial said on 27 October.
Anthropic’s IPO filing leaves Ben Mann, who co-leads its Labs team, out of the founder group that will control the company after it lists. A footnote on page 248 of the S-1 prospectus, filed on 26 October, says Mann is “often referred to as a co-founder”.
In a world’s first demonstration, Endurance Energy has achieved a key technical milestone but still faces a long road to economic viability.
The massive funding round comes just days after reports emerged that Upwind had attracted acquisition interest from several companies, including Datadog
AMD will invest $1bn in Meta’s equity offering, the chipmaker said on Tuesday, 27 October. It made the pledge in a release on its partnership with Meta. AMD also said its first Helios rack systems are now running at Meta. The money comes on top of Nvidia’s pledge to invest $3bn in Meta.
Oracle said free cash flow will reach $30B in the year to May 2029, when analysts expected it to stay negative. It capped new fundraising at $20B through May 2030 and kept its $225B revenue target. Shares rose as much as 14%.
Munich’s largest taxi operator plans to run up to 500 self-driving cars from US company Tensor in German cities. Tensor and Münchner Taxi Zentrum (MTZ) have signed a letter of intent. They said so in a press release on Tuesday, 27 October. They announced it at the Madrid Autonomous Mobility Summit.
GitHub launched Copilot Fusion at GitHub Universe, its developer conference, on Wednesday. The system decides which AI model, or mix of models, should handle each step of a coding task. It weighs what the task needs across reasoning, code generation, debugging and tool use.
71 active sources
26 Turkish · 45 English
All sources
