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Crypto
Gemini exchange sounds out sale of overseas unit as demand rises for Europe, UK licences
Acquisition interest has emerged in parts of cryptocurrency exchange Gemini, founded by billionaire twins Tyler and Cameron Winklevoss. Potential buyers are said to be prioritising Gemini’s recently closed Europe and UK unit, aiming to secure local regulatory licences rather than buy the entire company. Gemini cut about 25 percent of its global workforce in February and wound down operations in the UK, the EU and Australia. Any deal would still face fresh regulatory review in both Europe and the UK.
AI & Enterprise
Engineering AI gains momentum, expanding into chip design and 3D modelling
Industry efforts to move beyond large language models into engineering and physical AI are gaining traction, spanning semiconductor design, 3D modelling of products and robot operations. Cooperation among companies is increasing as interest in AI-led manufacturing innovation grows, and startups are accelerating their moves. The article rounds up recent product launches, investments and partnerships, including tools for design, automation, coding, enterprise productivity and AI security in South Korea and abroad.
AI & Enterprise
Anthropic upgrades productivity AI Claude Cowork, targets enterprise market
AI startup Anthropic has upgraded its Claude Cowork product and added plugin features that integrate with services including Google Drive, Gmail, DocuSign and FactSet, CNBC reported. The company said the update improves usability for enterprises, allowing them to use task-specific plugins for areas such as financial analysis, engineering and human resources. An Anthropic executive said the update optimises the product for the enterprise market and improves accessibility for office workers.
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AI & Enterprise
AI fears spread, software and information services firms hit in stock market selloff
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AI & Enterprise
F5 posts first-quarter results as revenue and net profit rise
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AI & Enterprise
Linkalpha signs strategic partnership with FactSet to strengthen global market analysis
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AI & Enterprise
UBS says next tech race is quantum computing, led by IBM, Microsoft and Google