The Download: Google DeepMind’s plans for robots, and Eastern Europe’s changing tech sector
Meta faces publisher copyright AI lawsuit in France
Meta is facing an AI copyright publisher lawsuit in France accusing it of economic “parasitism,” Reuters reports. The French litigation was filed in a Paris court this week by the National Publishing Union (SNE), the National Union of Authors and Composers (SNAC), and the Society of People of Letters (SGDL), which are accusing Meta of […]
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Ditto lands $82M to synchronize data from the edge to the cloud
Ditto, a company that’s setting out to bring “resilient” connectivity to edge devices, has raised $82 million in a Series B round of funding at a post-money valuation of $462 million — more than double its Series A valuation from 2023. “Edge,” in the context of Ditto’s industry, refers to a distributed computing model that […]
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Pokémon Go maker Niantic is selling its games division to Scopely for $3.5B
Mobile gaming giant Scopely on Wednesday said it has agreed to acquire Pokémon Go maker Niantic’s gaming division for $3.5 billion.
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Scimplify raises $40M to help manufacturers access specialty chemicals
Scimplify has raised $40 million in a new equity round backed by Accel to expand its presence in the U.S. and enter new markets.
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Salesforce to invest $1B in Singapore to boost adoption of AI
Salesforce plans to invest $1 billion in Singapore over the next five years as it seeks to fuel the adoption of its AI agent development platform, Agentforce. Salesforce claimed that Agentforce can help alleviate Singapore’s ongoing labor issues and augment the country’s workforce and enterprises by creating “digital workforces” that combine humans with autonomous AI […]
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North Korean government hackers snuck spyware on Android app store
Cybersecurity firm Lookout found several samples of a North Korean spyware it calls KoSpy.
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This artificial leaf makes hydrocarbons out of carbon dioxide
Elea AI is chasing the healthcare productivity opportunity by targeting pathology labs’ legacy systems
VC funding into AI tools for healthcare was projected to hit $11 billion last year — a headline figure that speaks to the widespread conviction that artificial intelligence will prove transformative in a critical sector. Many startups applying AI in healthcare are seeking to drive efficiencies by automating some of the administration that orbits and […]
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Uber terminates Foodpanda Taiwan acquisition, citing regulatory hurdles
Uber Technologies has ended its acquisition of Delivery Hero’s Foodpanda in Taiwan, the Germany-based tech firm said on Tuesday. The announcement comes roughly three months after Taiwan’s antitrust regulator blocked the deal, citing competitive issues. The Fair Trade Commission (FTC) said that if Uber acquired Foodpanda, its market share in Taiwan would increase to 90%, […]
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