Swedish legal AI startup Legora says it has crossed $100 million in annual recurring revenue, up from $1 million 18 months ago, as it competes with Harvey for dominance in law-firm AI.
Geely chairman Li Shufu says the company will no longer build new factories, using Volvo's existing plants and partnerships with Ford and Renault to manufacture abroad.
A Los Angeles jury found Meta and YouTube liable for designing addictive platforms that harmed a young user, awarding $6 million and setting a precedent for more than 10,000 pending cases.
Hasbro disclosed unauthorised network access in an SEC filing, taking systems offline and warning that product deliveries could be delayed for several weeks.
OpenAI is working with Smartly to build interactive ad formats inside ChatGPT, six weeks after its ad pilot crossed $100 million in annualised revenue with fewer than 600 advertisers.
Palmer Luckey-backed Valar Atomics raised $450 million at a $2 billion valuation to build clusters of small reactors for AI data centres, five months after achieving nuclear criticality.
Klarna announced its largest significant risk transfer with Värde Partners, freeing capital for $40 billion in lending. Six months after its NYSE debut at $40, shares trade near $12.
A system malfunction caused more than 100 Baidu Apollo Go robotaxis to stop mid-traffic in Wuhan, stranding passengers and raising new questions about correlated fleet risk.
Australia's eSafety Commissioner warns of court action against five platforms for failing to stop under-16s from holding accounts, three months after the world's first ban.