SAP bets $1.16B on 18-month-old German AI lab and says yes to NemoClaw
SAP plans to buy German AI startup Prior Labs and invest heavily in it. It is also prohibiting customers’ agents use to a select few like Nvidia’s NemoClaw.
The Download: inside the Musk v. Altman trial, and AI for democracy
This is today’s edition of The Download, our weekday newsletter that provides a daily dose of what’s going on in the world of technology. Week one of the Musk v. Altman trial: what it was like in the room Two of the most powerful figures in AI—Sam Altman and Elon Musk—are in the middle of…
Bumble’s paying users are slipping as it bets on an overhaul later this year
Paid users fell 21% compared to the same quarter last year. CEO Whitney Wolfe Herd described this as a ‘deliberate’ shift.
Altara secures $7M to bridge the data gap that’s slowing down physical sciences
Altara’s AI aims to diagnose failures and help speed up R&D by unifying data siloed across spreadsheets and legacy systems.
Lucid Motors doesn’t know how many EVs it will build this year
Lucid Motors pulled its guidance for the year, as it navigates swelling inventory and a company-wide cost-cutting measure.
As crypto cools, a16zcrypto raises a $2.2B fund
As some of the biggest VCs in crypto start to consider funding AI startups, a16zcrypto’s new fund will stay the course.
Apple plans to make iOS 27 a Choose Your Own Adventure of AI models
With Apple’s latest operating system updates, users will reportedly have their pick of which third-party AI models they want to use for a host of tasks.
ASML CEO Christophe Fouquet: No one is coming for us
Christophe Fouquet, who became ASML’s CEO in 2024 after more than a decade at the company, sat down with this editor on the rooftop deck of his Beverly Hills hotel Tuesday morning ahead of his appearance at the Milken Institute Global Conference. Dressed in a blue suit and white shirt, he was relaxed — even when the conversation turned to the rivals.
Volkswagen becomes Rivian’s top shareholder, displacing Amazon
VW Group’s stake will continue to grow under the $5.8 billion joint venture with Rivian.
Threads finally brings messaging to the web
By bringing messaging to the web, Threads is aligning its desktop experience more closely with competitors like X and Bluesky.
Airbnb co-founder taps Peter Arnell as first U.S. Chief Brand Architect
Arnell joins Gebbia’s National Design Studio under Trump to unify UX across 27,000 federal sites and streamline how Americans use government services.