Cambridge-based CuspAI, a British AI startup, has raised $450m in funding from Jeff Bezos and the UK government, valuing the company at $2.6bn. The firm aims to discover new materials for chipmakers and other industries.
Uber has agreed to acquire German food delivery company Delivery Hero for $14.8 billion, combining services across 99 countries to create a global delivery leader.
UK plans to encourage 16- and 17-year-olds to adopt a midnight social media curfew from next spring, building on previously announced restrictions for younger users, though the measure will remain optional and overridable.
The UK seeks to increase AI investment while the Bank of England expresses concerns about excessive lending and market risks. Meanwhile, OpenAI faces mounting legal and leadership challenges ahead of its planned stock market debut.
Prime Minister Anthony Albanese announced plans to establish a new artificial intelligence office and implement faster approval processes for AI datacentre projects to attract investment and maintain public confidence in the technology.
Twelve nurses at a New York hospital were laid off after being replaced by AI-powered software, sparking concerns from unions about AI’s impact on patient care quality and healthcare jobs.