CuspAI Raises $450M Funding Round

Funding and Valuation Surge

British startup CuspAI has raised $450 million in a series B funding round led by Kleiner Perkins and NEA, with participation from Jeff Bezos’ Bezos Expeditions. The Cambridge-based firm, valued at $2.6 billion, is building an AI-powered search engine for rare materials to accelerate industrial breakthroughs in semiconductors, clean energy, and manufacturing. Funding and Valuation … Read more

Influential Australia Appoints New Group Directors

Leadership Expansion at Influential Australia

Publicis Groupe’s influencer and social agency, Influential Australia, has appointed Kelson Ong and Erin Hunter as group directors for Melbourne and Sydney, respectively. Leadership Expansion at Influential Australia The appointment of Kelson Ong and Erin Hunter marks a significant move by Influential Australia to bolster its leadership capacity. The move comes less than a year … Read more

Reuters Settles Authors’ Copyright Lawsuit for $1.5 Billion in Federal Court

Final Approval of the $1.5 Billion Settlement

The class-action lawsuit accused the artificial intelligence company of using pirated books to train its Claude chatbot, marking the largest copyright recovery in U.S. history. Final Approval of the $1.5 Billion Settlement U.S. District Judge Araceli Martinez-Olguin signed off on the landmark settlement on Monday, effectively ending a high-stakes legal battle that had been closely … Read more

Kalshi CEO Tarek Mansour and Polymarket CEO Shayne Coplan Clashing Overregulated and Offshore Strategies

Clashing Business Strategies and Regulatory Lines

The intense rivalry between prediction market CEOs Tarek Mansour of Kalshi and Shayne Coplan of Polymarket has escalated into a public feud, driven by conflicting business models and existential competition. As both platforms vie for dominance in the rapidly growing prediction industry, their personal animosity is shaping the future of regulated versus offshore betting. Clashing … Read more

GovTech Retrenches 93 Staff as Agency Shifts to In-House Product Model

Restructuring Scope and Future Outlook

The Government Technology Agency (GovTech) has retrenched 93 employees as part of a multi-phase restructuring effort intended to modernize its operations. The agency, which supports the technology needs of more than 50 government agencies, is transitioning from a model focused on managing projects delivered by vendors to one where it develops and manages products in-house. … Read more

Hoka Launches Clifton Pro Running Shoe Among July’s Top Product Releases

Hoka’s Performance Push and Recovery Gear

This launch joins a wave of new consumer tech and apparel, including updated hardware from Sony and Apple, and fresh recovery-focused gear from brands like Hoka and Saucony. Hoka’s Performance Push and Recovery Gear The running shoe market is seeing a distinct split between high-performance training and recovery-focused comfort. Hoka’s debut of the Clifton Pro … Read more

Chopard Hosts Masterclass Experience at Hong Kong Watch Exhibition

An Exhibition of Haute Horlogerie in Hong Kong

The LANDMARK Perpetual Week exhibition opened in Hong Kong on September 11, 2024, at LANDMARK ATRIUM, showcasing luxury timepieces from eight prestigious horology brands. Running through September 15, the event features masterclasses, panel discussions, and an industry-wide celebration of precision craftsmanship, offering both public access and expert-led educational sessions for watch enthusiasts. An Exhibition of … Read more

Noetra Launches Major R&D Initiative for Japan-Developed Multimodal AI Model

Infrastructure and Development Roadmap

Noetra Corp. has launched a full-scale research and development initiative to build a Japan-developed multimodal foundation model designed to power AI-enabled robots and physical AI. The project is supported by core member companies and investors, including Sony Group Corporation, SoftBank Corp., NEC Corporation, and Honda Motor Co., Ltd. Infrastructure and Development Roadmap To support the … Read more

TSMC Sees Record Earnings and AI Infrastructure Surge

TSMC Poised for Record Earnings Amid AI Infrastructure Boom

TSMC Poised for Record Earnings Amid AI Infrastructure Boom Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, is expected to report a fifth consecutive quarter of record earnings on Thursday. Driven by surging global demand for artificial intelligence infrastructure, the company is projected to announce a 59% increase in net profit for the … Read more

JANUARY Launches Scignal Running Shoe With New KineXion Foam Technology

Engineering a New Approach to Daily Running

JANUARY, a new performance running brand founded by BIPOC runners, has launched with its debut shoe, Scignal. Priced at $195, the model features a proprietary supercritical TPEE foam midsole designed for a responsive, natural ride without the bulk of traditional max-stack footwear. Retail availability begins in August 2026. Engineering a New Approach to Daily Running … Read more