Latest
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Technology
AI startup Humans& raises $480 million at $4.5 billion valuation in seed round
Jan 20 (Reuters) - AI startup Humans&, founded by former OpenAI, Alphabet and xAI researchers, has raised $480 million in a seed financing round, which values the company at $4.48 billion, it said on Tuesday.
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Technology
Roche's Genentech more than doubles investment in North Carolina facility to about $2 billion
Jan 20 (Reuters) - Roche's Genentech said on Tuesday it will more than double its initial investment in a biomanufacturing facility in North Carolina to about $2 billion, as the companies look to further boost their $50 billion investment in the U.S.
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Technology
Legal AI startup Ivo raises $55 million in latest funding round
Jan 20 (Reuters) - Artificial intelligence startup Ivo raised $55 million in a funding round, led by existing investor Blackbird, to speed up development of its legal services platform and hire more salespeople to tap growing demand.
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Technology
Britain needs 'AI stress tests' for financial services, lawmakers say
LONDON, Jan 20 (Reuters) - Britain's financial watchdogs are not doing enough to stop AI from harming consumers or destabilising markets, a group of lawmakers said on Tuesday, urging regulators to move away from a "wait and see" approach as the technology is deployed widely.
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Technology
Bristol Myers partners with Microsoft for AI-driven lung cancer detection
Jan 20 (Reuters) - Bristol Myers Squibb said on Tuesday it had signed an agreement with Microsoft to use the tech company's AI-enabled radiology platform to help speed up early detection of lung cancer.
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Technology
Sequoia, Accel-backed Ethos Technologies eyes $1.3 billion valuation in US IPO
Jan 20 (Reuters) - Ethos Technologies, backed by venture capital firms Accel and Sequoia, said on Tuesday it was targeting a valuation of up to $1.26 billion in its U.S. initial public offering, as the insurance IPO momentum extends into 2026.
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Technology
US IT hardware stocks tumble as Morgan Stanley flags slowing demand
Jan 20 (Reuters) - U.S. IT hardware stocks dropped on Tuesday after Morgan Stanley downgraded the sector, warning of slowing demand as companies rein in spending amid economic uncertainty and rising component costs.
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Technology
UK weighs Australia-style social media ban for children under 16
LONDON, Jan 20 (Reuters) - Britain is considering an Australian-style ban on social media for children under 16, with Prime Minister Keir Starmer warning on Tuesday they risk being pulled into "a world of endless scrolling, anxiety and comparison".
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Technology
Meta 'turning a blind eye' to illegal gambling ads, UK Gambling Commission says
LONDON, Jan 20 (Reuters) - Britain's Gambling Commission said on Monday that Meta Platforms, the owner of Facebook and Instagram, was turning a blind eye to illegal online casinos advertising on its sites, indicating it was happy to continue taking money from criminals.
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Nation
MCMC and Selangor govt sign MOU on smart cities project
PETALING JAYA: The Sultan of Selangor, Sultan Sharafuddin Idris Shah Alhaj Ibni Almarhum Sultan Salahuddin Abdul Aziz Shah Alhaj has witnessed a memorandum of understanding exchange ceremony for the development of Selangor Smart Cities.
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e-Hailing
Uber’s quest to crack Japan leads through a rural hot-springs town
The ride-hailing giant's chief executive has made a bet on how it can finally grab a bigger piece of one of the world's largest taxi markets.
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AI
Tech firms are persuading retailers to put AI everywhere
Stores of all kinds are using artificial intelligence to sell everything from luxury handbags to hay for horses.
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AI
Inside China's buzzing AI scene year after DeepSeek shock
Before DeepSeek shook up the tech world and put Chinese artificial intelligence on the map, Wu Chenglin's own startup had nearly folded three times – but in the past year it has raised US$30mil (RM121.57mil).
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AI
Ant-backed Chinese AI agent developer DeepWisdom aims to help solo entrepreneurs
The system, powered largely by open-source AI models, seeks to deliver a finished product without the user writing a single line of code.
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Technology
Taiwan says it will lead 'democratic' high-tech supply chain with US
TAIPEI, Jan 20 (Reuters) - Taiwan aims to build a "democratic" high-tech supply chain with the United States and form a strategic AI partnership under the new tariffs deal it sealed with Washington last week, Taipei's top negotiator in the talks said on Tuesday.
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Video games
From one apartment, a window into generations
The Berlin Apartment, which owes a debt to What Remains of Edith Finch, lets you relive the challenges its many tenants faced.
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Internet
Meta overlooks ads from illegal gambling sites, says UK watchdog
Meta Platforms Inc is turning a blind eye to illegal gambling sites that advertise on Facebook and Instagram, according to the UK's Gambling Commission.
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Technology
OpenAI CFO says annualized revenue crosses $20 billion in 2025
Jan 19 (Reuters) - OpenAI Chief Financial Officer Sarah Friar said in a blog post on Sunday the company's annualized revenue has surpassed $20 billion in 2025, up from $6 billion in 2024 with growth closely tracking an expansion in computing capacity.
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Technology
Revolut seeks Peru banking license to expand Latin America footprint
Jan 19 (Reuters) - Britain's Revolut said on Monday it has applied for a full banking license in Peru, marking the global fintech firm's fifth market expansion in Latin America.
