Topic: competition
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Uber’s product chief on hotels, robotaxis, and focus over expansion
Uber is expanding beyond ride-hailing and food delivery into travel, financial services, and autonomous vehicle data collection, positioning itself as a potential "everything app." The company's new AV Labs unit equips hundreds of sensor-equipped vehicles to collect driving data, serving as both ...
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Fish Audio raises $52M to offer free voice AI, charge businesses
Fish Audio, a voice AI startup, has raised $52 million in a seed round and generates $21 million in annual recurring revenue from over 8 million users by giving away its best models for free while charging enterprises for infrastructure with latency and uptime guarantees. The company’s strategy c...
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Cohere and Aleph Alpha Merge to Form $20B AI Giant
Cohere is effectively acquiring Aleph Alpha in a deal framed as a merger, with Cohere shareholders owning roughly 90% of the combined entity valued at approximately $20 billion. The merger is a geopolitical move backed by both the Canadian and German governments, aimed at creating a sovereign AI ...
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Tesla's Sales Surge May Be Short-Lived
Tesla's quarterly sales increased due to a temporary surge in demand for the $7,500 federal EV tax credit before its expiration, with 497,099 vehicles delivered. The company faces declining international sales, particularly in Europe and China, and a production drop of 5 percent compared to the p...
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Startup Claims Breakthrough in AI Processing Bottleneck
Subquadratic claims to have solved the quadratic scaling bottleneck in AI by replacing dense attention with dynamic sparse attention, making its model SubQ faster, cheaper, and more energy-efficient than leading transformers. Independent tests by Appen validated Subquadratic's claims, showing Sub...
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Meta invests in Cred, appoints new WhatsApp chief
Meta invested $900 million for a roughly 20% stake in Indian fintech Cred, valuing the company at $4.5 billion, with the strategic goal of installing Cred's founder Kunal Shah as the new head of WhatsApp. Shah replaces Will Cathcart to lead WhatsApp's monetization efforts, as the app with over 3 ...
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Anker develops custom chip to embed AI across product lineup
Anker unveiled its custom Thus chip, the world's first neural-net compute-in-memory AI audio chip, which is smaller and more power-efficient than conventional chips by performing computations where the model is stored. The Thus chip will first appear in Soundcore's flagship earbuds, enabling larg...
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Anthropic Raises $13B Series F at $183B Valuation
Anthropic has raised $13 billion in a Series F funding round, reaching a post-money valuation of $183 billion to support enterprise adoption, safety research, and global expansion. The company's annual recurring revenue surged from $1 billion to $5 billion in 2025, driven by strong API usage and ...
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Sora for Android Hits 500K Downloads on Day One
The Sora Android app achieved 470,000 downloads on its first day, significantly surpassing the iOS launch due to a broader international release and open access in key markets. Sora's iOS version was initially exclusive and invitation-only but still reached over one million installs in its first ...
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We tried Google’s AI glasses - they’re almost ready
Google's prototype Android XR glasses combine audio and visual capabilities with an in-lens display that overlays widgets, directions, translation, and custom AI-designed information onto the real world. The prototype focuses on testing display technology and battery life, with a basic frame that...
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Logitech blends analog and mechanical keyboard tech
Logitech's new G512 X keyboard allows users to mix both mechanical and analog switches on the same board, with 39 of its switch positions compatible with most popular analog and mechanical switch types. The keyboard features TMR sensors that enable up to two actuation points per key, providing fi...
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Why This Ferrari Was Meant to Be a Volkswagen
Ferrari's first all-electric vehicle, the Luce, has sparked controversy among enthusiasts for its unconventional design, with some comparing it negatively to a Polestar and Prius. The Luce's design intentionally breaks from Ferrari's traditional sharp, aggressive lines seen in icons like the F40,...
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World’s First Autofocus Glasses May Replace Reading Specs
IXI, a Finnish startup, has developed the world’s first autofocus prescription glasses, using liquid crystal layers and eye-tracking sensors to adjust focus in real time without switching eyewear. The glasses offer a full field of clear vision, addressing limitations of traditional bifocals and p...
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