Meta Platforms to Lay Off Hundreds
Meta Platforms will lay off a few hundred people across the company on Wednesday, according to two people familiar with the matter, part of a broader effort to overhaul the company for work in the AI ...
PAVE Space raises $40M to build orbital transfer vehicles
The Swiss startup, spun out of EPFL’s student rocketry programme that built Europe’s first student-made reusable rocket, has raised one of the largest seed rounds ever in European space. Visionari...
RWS launches Language Weaver Pro
The AIM-listed language technology company says its new model, the largest dedicated translation model in production, ranked first in 31 of 32 languages in internal benchmarking against DeepL and Gemi...
Galtea raises $3.2M to help enterprises test AI agents
The Barcelona Supercomputing Center spin-off, founded eighteen months ago, uses AI to generate realistic test scenarios that expose failures, hallucinations, bias, and security risks before enterprise...
OpenAI shuts down Sora video generator 6 months after launch
OpenAI announced the shutdown of Sora, a TikTok-like social app, six months after its launch without providing reasons or a timeline for its discontinuation. The app, which debuted as an invite-only p...