Industry Updates
TikTok Rolls Out ‘Campus Hub’ to Boost Student Connections and Rival Messaging Platforms
TikTok has introduced a new feature called “Campus Hub,” aimed at helping college students stay connected with their university communities…
PayPal Spins Off Venmo as Standalone Unit Amid Takeover Interest
PayPal is restructuring its business by separating Venmo into a standalone unit, a move that could pave the way for…
Anthropic Seeks Funding at $900 Billion Valuation, Potentially Surpassing OpenAI
Anthropic is in discussions with investors to raise fresh capital at a valuation of up to $900 billion, a figure…
Investors Favor Alphabet Over Meta on AI Spending Despite Strong Earnings
Alphabet and Meta both delivered strong quarterly results and raised their capital expenditure (capex) forecasts as they double down on…
Nvidia Backs AI Legal Startup Legora at $5.6 Billion Valuation
Nvidia’s venture arm, NVentures, has invested in Swedish legal tech startup Legora, valuing the company at $5.6 billion, as the…
SoftBank Weighs $100 Billion AI-Robotics Spinout for Potential U.S. IPO
SoftBank Group is reportedly exploring the creation and U.S. listing of a standalone artificial intelligence and robotics company, potentially valued…
White House Plans Controlled Access to Anthropic’s Mythos AI Model for Federal Agencies
The White House is preparing to provide select federal agencies with access to a version of Anthropic’s advanced AI model,…
Superloop Seeks ACCC Approval for Functional Separation Following Lynham Acquisition
Superloop has submitted a proposal to the Australian Competition and Consumer Commission (ACCC) seeking approval for a joint functional separation…
US Court Ruling Sparks Legal Warnings: AI Chat Conversations Could Be Used as Evidence
A recent U.S. court ruling has prompted lawyers to caution clients against treating AI chatbots as confidential advisors, warning that…
South East Queensland Councils Unite on Data and Digital ID Foundations
Local governments across South East Queensland have unveiled a collaborative digital strategy aimed at transforming public services by 2035, with…