Gradium, a startup spun out of French AI lab Kyutai (backed by French telecom billionaire Xavier Niel), launched out of stealth on Tuesday with a $70 million seed round from a who’s who of investors. The round was led by FirstMark Capital and Eurazeo, with participation from Niel, DST Global Partners, billionaire Eric Schmidt, and…
French AI startup Mistral launched its new Mistral 3 family of open-weight models on Tuesday, a launch that aims to prove it can lead in making AI publicly available and serve business clients better than Big Tech rivals. The 10-model release includes a large frontier model with multimodal and multilingual capabilities and nine smaller offline-capable,…
The Trump administration has agreed to inject up to $150 million into xLight, a semiconductor startup developing advanced chip-making technology, marking the third time the U.S. government has taken an equity position in a private startup and further expanding a controversial strategy that has put Washington on the cap tables of American companies. The Wall…
Beijing — China has once again declared that Arunachal Pradesh is “under Indian occupation” and vowed that steps will be taken to reclaim the region. Beijing emphasized that the area is an integral part of Chinese sovereignty and regaining control over it remains a key priority in its foreign policy. The Chinese Foreign Ministry stated…
Karachi — The boy who recovered the body of a child who fell into an open manhole near Nipa Chowrangi was honoured by SSP East Dr. Farrukh, who presented him with a garland and a bouquet in recognition of his efforts. The tragic incident occurred on Sunday at around 10 pm, when three-year-old Ibrahim, who…
Islamabad — Authorities have traced dozens of social media accounts involved in coordinated propaganda campaigns against Pakistan and its state institutions, according to investigative sources. Sources revealed that the anti-Pakistan and anti-state online networks are being operated from India, Central Asia, and Afghanistan, with 33 accounts currently active. According to investigators, 22 of the identified…
Michael RaceBusiness reporter Getty Images A senior official at the UK’s economic forecaster has said he does not believe the chancellor was being misleading when she said the state of the public finances were “very challenging” in the run-up to the Budget. Prof David Miles from the Office for Budget Responsibility (OBR) told MPs Rachel…
A workers’ rights organisation and other concern groups in Hong Kong have warned the public to be vigilant against fraudulent appeals for donations by those exploiting the deaths of domestic helpers in the Tai Po fire. In a joint statement on Tuesday, the Association for the Rights of Industrial Accident Victims, the Indonesian Migrant Workers’…
Osmond ChiaBusiness reporter Getty Images Candy Kittens co-founders Jamie Laing and Edward Williams British TV personality Jamie Laing’s vegan sweets brand Candy Kittens is set to acquire snack company Graze in a deal between the former’s parent company and packaged goods giant Unilever. The upcoming deal with German firm Katjes International, Candy Kittens’ parent company,…
Archie MitchellBusiness reporter PA Media The Bank of England has warned of a “sharp correction” in the value of major tech companies with growing fears of an artificial intelligence (AI) bubble. It said share prices in the UK are close to the “most stretched” they have been since the 2008 global financial crisis, while equity…
