Just Eat Introduces Food Delivery by Autonomous Drone in Dublin
Just Eat customers in Dublin can now have food delivered by autonomous drone, taking a step toward automation in an industry traditionally dependent on gig economy workers.
Sequoia Leads $190 Million Funding for Law Enforcement Tech
Peregrine Technologies boosted its valuation to $2.5 billion in the deal.
Mobile Gaming ‘Kingpin’ Behind Tripledot Starts $100 Million Investment Fund
Akin Babayigit, a co-founder of the gaming studio Tripledot, has formed an investment firm to back companies making mobile games, according to people familiar with the matter and documents.
Trump’s Funding Cuts Threaten America’s AI Competitiveness
A key federal agency for artificial intelligence research has been hit by layoffs and faces looming budget cuts.
Apple to Keep DEI Efforts, Though Some Adjustments Possible
Apple Inc. investors rejected an outside shareholder proposal to end the iPhone maker’s diversity, equity and inclusion efforts, though Chief Executive Officer Tim Cook said that the company may make some adjustments to the program.
Grubhub Cuts 23% of Staff After Wonder Deal
Grubhub is cutting about 23% of its workforce and set the stage for more changes at the company following its takeover by Wonder Group Inc., the owner of Blue Apron.
Nvidia, Cisco Extend Partnership Aimed at Promoting AI
Nvidia Corp., the top provider of chips used in new artificial intelligence computers, is extending a partnership with networking-gear maker Cisco Systems Inc. in a push aimed at making it easier for corporations to deploy AI systems.
Tesla Market Value Slips Below $1 Trillion as Europe Sales Sink
A quick unwind in the shares of Tesla Inc. pushed the electric-vehicle maker’s market capitalization below the coveted $1 trillion-mark on Tuesday, amid reports of a stark slowdown in car sales in Europe.
Trump Team Seeks to Toughen Biden’s Chip Controls Over China
Donald Trump’s administration is sketching out tougher versions of US semiconductor curbs and pressuring key allies to escalate their restrictions on China’s chip industry, an early indication the new US president plans to expand efforts that began under Joe Biden to limit Beijing’s technological prowess.
European Tech Sector Sees Unexpected Rebound on AI Windfall
European technology giants are exceeding expectations this quarter, joining financial and health-care companies as one of the reporting season’s best-performing segments.