Nauk Nauk, which runs an AI video app that turns photos of toys into short animated videos, raised $20M and is coming out of beta; it claims to have 1M+ users — Nauk Nauk has raised $20 million to expand its AI video app that turns photos of toys into short animated videos, co-founder Daniel Liu tells Axios.
World models startup Odyssey raised $310M from Amazon and others at a $1.45B valuation and will use AWS as its preferred cloud partner, deploying Trainium chips — Company joins investment arms of Nvidia and AMD in $310mn funding round for Odyssey ML — Amazon is partnering with a start …
Study: Mistral and other open-source AI models are among the weakest at filtering Russian disinformation; Mistral's top model ranks 47 out of 60 tested models — Open-source generative models are worse at removing false news than others, according to Estonian researchers
Fox says it is acquiring Roku in a deal worth around $22B, including debt, giving it access to more than 100M streaming households — Acquisition gives Fox access to more than 100 million streaming households — Fox said it is acquiring streaming company Roku in a deal worth around $22 billion, including debt.
The FBI dismantles Outsider Enterprise, an AI-powered Chinese phishing operation, and seizes $100K in Tether in joint effort with Google and Black Lotus Labs — In a coordinated effort, the FBI, working with Google and Black Lotus Labs, has dismantled a massive Chinese phishing …
Siri AI is good enough to ease Apple's AI crisis; sources: the ability to tap third party AI models beyond OpenAI's is already active in internal iOS 27 builds — The company prepares for the foldable iPhone and touch-screen MacBook. — Apple's new Siri AI, despite mainly delivering …
Since Russia ratcheted up control over the internet this year, some Russians are turning to solutions like using multiple phones and VPNs to evade restrictions — In a quiet cafe popular for its free Wi-Fi and good coffee, a Russian interior designer logs onto a virtual private network …
Ajinomoto says it can meet demand through 2030 for ABF, a key material for advanced chipmaking substrates, and plans to expand capacity instead of hiking prices — The company is expanding its capacity for Ajinomoto Build-up Film, with production expected to begin in 2032
After years of uncertainty, including delayed listings, memory chipmaker Kioxia's shares soared 56x in 18 months, making it Japan's most valuable company — TOKYO — Japanese memory maker Kioxia Holdings is now the top Japanese company by market capitalization, capping off a dramatic period …
Sources: Amazon CEO Andy Jassy is among tech leaders who raised concerns with Trump officials about Mythos 5, setting in motion new export restrictions — Amazon CEO Andy Jassy was among the tech leaders who raised concerns to senior Trump administration officials this week about security risks …
US barring foreign nationals, including Anthropic employees, from accessing Fable 5 and Mythos 5 marks a new chapter in the US dictating how Anthropic operates — The company said on Friday night that the federal government had ordered limits on its Mythos and Fable 5 A.I. systems, citing national security concerns.
A review of The Yahoo Boys, a deeply reported book on four online scammers in Lagos, Nigeria, exploring how and why they scam and the local impact of the trade — Nigeria's “Yahoo Boys” have industrialized romance scamming, reflecting and distorting modern hustle culture in the face of collapsing economic prospects.
Luta Security CEO says US government restrictions on Mythos follow a jailbreak report by Amazon researchers and calls the restrictions a “complete overreaction” — The Trump administration is banning foreign governments, companies and individuals from using Anthropic's …
New York City-based Current, which manages a consumer fintech platform, raised an $80M Series E at a $1.5B valuation led by Springcoast Partners — Current, NYC-based provider of a consumer fintech platform, raised $80M in Series E equity financing, at a $1.5 Billion valuation.
FanDuel owner Flutter plans to delist its London shares on August 3, citing low trading and high costs; Flutter moved its primary listing to the US in 2024 — Gambling business, which also owns Betfair, to focus on New York in latest high-profile blow to UK stock market
Ina Fried / Axios : Nauk Nauk, which runs an AI video app that turns photos of toys into short animated videos, raised $20M and is coming...
