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tech/startups

Hollywood and Big Tech: The Battle for Entertainment Dominance Heats Up

The Entertainment Landscape Shifts The relationship between Hollywood and Big Tech has reached a critical inflection point. What began as technology companies distributing Hollywood's content has evolved into direct competition, with tech giants now producing their own entertainment and challenging traditional studios' dominance. Key Battlegrounds The conflict

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Qualcomm Acquires AI Chip Software Startup Modular for Nearly $4 Billion

Qualcomm has reached an agreement to acquire Modular, a chip software startup that has gained significant attention during the AI era. The deal, valued at nearly $4 billion, represents one of the most substantial exits in the chip software space in recent years. Modular had positioned itself as a key

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Menlo Ventures Closes $3B Fund Following Successful Anthropic Bet

Menlo Ventures has successfully closed a $3 billion fund, marking a significant milestone for the firm. The fundraise comes on the heels of their strategic $750 million bet on Anthropic in 2024, which has cemented Menlo's reputation as a leading investor in the AI space. The success of

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AI Super PACs Pour $27 Million Into New York's 12th District Race

The Rise of AI-Linked Super PAC Spending Corporate artificial intelligence companies are increasingly flexing their financial muscles in American politics, with a notable example emerging in New York's 12th district congressional race. According to reporting from The Verge, AI-linked political action committees have collectively spent roughly $27 million

Blackstone Announces $30 Billion Investment Plan for Japan AI Data Centers

Blackstone, one of the world's largest investment firms, is reportedly planning a substantial $30 billion investment into AI-related data center infrastructure in Japan. The announcement, first reported by Nikkei, signals growing international interest in Japan's AI infrastructure development. The investment would represent one of the largest

Unapproved Longevity Gene Therapy Bypasses FDA via Overseas Clinics

A US company is set to offer an unapproved gene therapy targeting the anti-ageing protein klotho through overseas clinics, according to reports. The therapy instructs cells to produce more klotho, a protein associated with longevity and cellular health. By operating outside US borders, the company aims to bypass FDA regulations

Cadence Raises $100 Million to Advance AI-Driven Chronic Disease Management

AI Platform Targets Chronic Disease Care Cadence has raised $100 million to further develop and deploy its regulated AI system for chronic disease management. The funding round will support the company's efforts to automate various aspects of chronic care, including patient monitoring, medication management, and care coordination. Regulatory