As the entertainment industry reckons with when and how to use generative AI in filmmaking, Netflix is leaning in. In its quarterly earnings report released on Tuesday afternoon, Netflix wrote in its letter to investors that it is “very well positioned to effectively leverage ongoing advances in AI.” Netflix isn’t planning to use generative AI as the backbone of its …
Read More »Nick Clegg: AI company valuations are ‘crackers’ and ripe for correction
Former Deputy Prime Minister Sir Nick Clegg has warned that the current wave of valuations across the artificial intelligence sector is “crackers”, arguing that many AI businesses have yet to demonstrate viable paths to profitability despite the billions pouring into machine learning. Speaking at The Times Tech Summit, Clegg said that even the world’s leading AI firms — including so-called …
Read More »Open source agentic startup LangChain hits $1.25B valuation | TechCrunch
LangChain raised $125 million at a $1.25 billion valuation, the company announced on Monday. TechCrunch reported in July that the provider of a popular open source framework for building AI agents was raising fresh funds at a valuation of at least $1 billion. The deal was led by IVP, as we previously reported. New investors CapitalG and Sapphire Ventures joined …
Read More »Kelli Ferrell’s Ex-Husband Sues Bravo for $200 Million
Kelli Ferrell’s Ex-Husband Sues Bravo for $200 Million Over ‘Fabricated’ RHOA Storyline and Defamation Claims Kelli Ferrell’s ex-husband Chuvalo Mark Ferrell is now suing Bravo, accusing the network of spreading lies about him in what he calls a “fabricated storyline.” In court documents obtained by TMZ, Chuvalo alleges that Kelli falsely portrayed him as abusive and financially dishonest during her appearances …
Read More »https://www.rt.com/news/626760-western-conservative-parties-doomed/Why Western conservative parties are doomed
The inability to grasp the concerns of voters and resolve internal divisions will be the death of British and Australian conservatives Perhaps the most noticeable feature of politics in the West in recent years has been the swift and irreversible demise of traditional conservative parties. The disappearance of these parties has been dramatically illustrated by the grim fates that now …
Read More »Sesame, the conversational AI startup from Oculus founders, raises $250M and launches beta | TechCrunch
Sesame, a conversational AI startup and smart glasses maker, has raised a $250 million Series B round and is opening up its beta to a select group of testers, the company announced Tuesday. The startup, headed by former Oculus co-founder and CEO Brendan Iribe and Ankit Kumar, former CTO of AR startup Ubiquity6, is working to create a personal AI …
Read More »Morrisons to shut 103 outlets including cafés, florists and pharmacies in major restructure
Supermarket giant Morrisons will close 103 outlets across the UK this year — including cafés, florists, pharmacies and convenience stores — in its latest effort to streamline operations and refocus investment on core areas of growth. The closures form part of a broad restructuring strategy to “accelerate growth” and “optimise operations”, following mounting cost pressures and what chief executive Rami …
Read More »OpenAI’s new browser is a broadside shot at Google | TechCrunch
Today, OpenAI launched its new Atlas web browser in a surprise livestream. The show started with CEO Sam Altman himself, speaking directly to the audience. “We think AI represents a rare, once-a-decade opportunity to rethink what a browser can be,” Altman said. “In the same way that, for the previous way people used the internet, the URL bar and the search …
Read More »Louvre heist jewels valued at over US$100 million, as director faces grilling
The jewellery stolen from the Louvre in Paris was valued at more than US$100 million, a French prosecutor said Tuesday, as the museum’s director faces security questions from a Senate committee over the brazen weekend heist. The director, Laurence des Cars, has not made any public statement since thieves made off with royal jewels during a daylight robbery on Sunday …
Read More »Kelli Ferrell Hires Phaedra Parks to Represent Her in Court Battle Against Ex Over Kids Filming on RHOA!
Kelli Ferrell Hires Phaedra Parks to Represent Her in Court Battle Against Ex Over Kids Filming on RHOA! Real Housewives of Atlanta star Kelli Ferrell has enlisted her castmate Phaedra Parks — who is also a licensed attorney — to represent her in a tense legal battle involving her ex-husband, Chuvalo Mark Ferrell. According to court documents obtained by Us …
Read More »Police van in flames as migrant hotel protest explodes after ‘girl, 10, raped’
A police van has been torched as furious protesters swarm a migrant hotel after reports that a 10-year-old child was allegedly raped. Violent scenes have engulfed the Citywest Hotel in Dublin, Ireland, with images on social media showing protesters waving flags and large crowds clashing with police. The frightening clashes come a day after an alleged sexual assault involving an …
Read More »The AA’s loyalty problem: sixty-four years and still taken for a ride
It was one of those small domestic moments that tells you everything you need to know about the modern British service industry. I was visiting my parents, both octogenarians, both long past the stage of bothering to shop around for anything, when an envelope from the AA thudded onto the doormat. My mother opened it with the slight suspicion that …
Read More »Sources: Multimodal AI startup Fal.ai already raised at $4B+ valuation | TechCrunch
Fal.ai, a startup that hosts image, video, and audio AI models for developers, has closed a new round valuing the company at over $4 billion, four people familiar with the deal said. The company raised approximately $250 million, two of the people said. Major investors in the round are Kleiner Perkins and Sequoia, according to our sources. Fal didn’t respond …
Read More »https://www.rt.com/news/626781-trump-china-visit-trade/Trump outlines key demands for China
The US leader has named rare earths and Taiwan as outstanding issues ahead of renewed trade negotiations US President Donald Trump has outlined a list of key demands ahead of renewed trade talks with China, as he prepares to meet with his Chinese counterpart, Xi Jinping, later this month and plans a 2026 visit to Beijing. Speaking at the White …
Read More »Cloudflare CEO Matthew Prince is pushing UK regulator to unbundle Google’s search and AI crawlers | TechCrunch
After earlier this year launching a marketplace that allows websites to charge AI bots for scraping their content, web infrastructure provider Cloudflare is pushing for increased regulation in the AI sector. The company’s chief executive Matthew Prince says he’s in London to speak with the U.K.’s Competition and Markets Authority (CMA), where he’s proposing stricter rules on how Google should …
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