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AI & Enterprise
AMI Labs founded by Yann LeCun raises $1.03 billion to step up world model development
AMI Labs, founded by AI researcher Yann LeCun, has raised $1.03 billion to develop a “world model,” SiliconANGLE reported on March 10 local time. The round included Khosla Ventures, Greycroft, Hiro Capital and Bezos Expeditions, and also brought in Nvidia and Samsung Electronics. AMI Labs was valued at $3.5 billion. The company aims to analyse camera and sensor data and apply AI across industries, including robotics.
AI & Enterprise
Nvidia invests in Thinking Machines Lab founded by Mira Murati
Thinking Machines Lab, a generative AI development startup founded by former OpenAI CTO Mira Murati, has signed a long-term strategic partnership with Nvidia, TechCrunch reported on March 10. The agreement includes adopting 1-gigawatt Nvidia Vera Rubin systems from 2027. Nvidia will also participate as an investor by committing a significant amount. Thinking Machines Lab has raised more than $2 billion since its 2025 founding, valuing it at $12 billion, but has not released a commercial product.
AI & Enterprise
Amazon wins injunction blocking Perplexity AI shopping agent
Amazon has gained the upper hand in a legal dispute with an AI shopping agent. A U.S. federal judge issued an injunction blocking AI search startup Perplexity from accessing Amazon’s site without authorisation through its Comet AI browser, CNBC reported. Amazon argued the activity was unauthorised and posed risks to customer data security and its advertising system. Perplexity said it would fight the decision.
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AI & Enterprise
Oracle raises guidance after strong third-quarter results; cloud revenue jumps 44 percent
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AI & Enterprise
Google expands Gemini features to auto-create documents, sheets and slides
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AI & Enterprise
Zoom launches AI-based office tools, to unveil meeting AI avatar in March
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AI & Enterprise
Adobe launches Photoshop AI assistant
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Telecommunications & Media
YouTube's 2025 ad revenue tops combined Disney, Paramount, Warner Bros
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AI & Enterprise
Armadin founded by Kevin Mandia raises $189.9 million to build autonomous security agents
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AI & Enterprise
OpenAI adds visual math and science explanations to ChatGPT
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AI & Enterprise
AgentMail raises $6 million to build email infrastructure for AI agents
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AI & Enterprise
Meta acquires Maltbook AI agent social network
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Crypto
XRP could rise to $18 after correction, Wave 5 optimism grows
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Crypto
XRP 'either 0 or 25 dollars' extreme forecast fuels debate
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Industry
Samsung Electronics average pay up 21.5 percent amid expanded AI bonuses
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Industry
Samsung Electronics posts record R&D spending last year, expands capex
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Games & Commerce
NCSoft to acquire Germany's JustPlay for 301.6 billion won
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Finance
Toss Bank reports error that halved Japanese yen exchange rate on FX service