Tencent moves to buy majority stake in Manus after Beijing forced Meta to unwind its $2 billion deal
Tencent is acquiring a majority stake in Manus after Beijing pressured Meta to cancel its $2 billion deal. This move signals Tencent's strategy to strengthen its position in the tech landscape amid regulatory challenges.
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Already rich, already successful, why the last wave of tech winners is grinding again
Tech giants like Google and Amazon are doubling down on AI investments despite their existing success. This renewed focus aims to maintain their competitive edge in a rapidly evolving market.
Uber’s product chief on hotels, robotaxis, and why the company doesn’t want to be “everything for everyone”
Uber's product chief outlines plans for expanding into hotels and robotaxis while maintaining a focused strategy. This means users can expect more targeted services rather than a one-size-fits-all approach.
Video-generation startup PixVerse raises $439M, valuation soars past $2B
PixVerse just raised $439 million, pushing its valuation over $2 billion. This funding will likely accelerate their video-generation technology development and market expansion.
Hermes agent maker Nous Research in talks for new funding at $1.5B valuation
Nous Research is in talks for new funding, aiming for a $1.5 billion valuation. This could boost their development of the Hermes agent, enhancing their position in the AI agent market.