DMR News

Advancing Digital Conversations

Business

  • Home
  • JLR Opens Voluntary Redundancy Programme as Up to 4,000 Jobs Face Cuts

JLR Opens Voluntary Redundancy Programme as Up to 4,000 Jobs Face Cuts

Jaguar Land Rover has opened a voluntary redundancy programme for salaried and management employees as it works to cut costs following weaker sales, U.S. tariffs, and last year’s major cyberattack.…

Netherlands Moves 86 Tonnes of Gold to London as Central Banks Rethink Reserves

The Netherlands has moved about 86 tonnes of gold from reserves held in the United States and Canada to London as its central bank adjusts where the country keeps its…

Shein Valued at $26.2 Billion After Hong Kong Market Debut

Shein ended its first day of trading in Hong Kong with a market value of about $26.2 billion, completing a years-long effort to go public after previous attempts to list…

China Plans $54 Billion Capital Boost for Eight State-Owned Financial Firms

China plans to provide a combined 360 billion yuan, about $53 billion, in new capital to eight major state-owned banks and insurers as Beijing looks to strengthen financial institutions and…

U.S. Military Disables Ad Tracking on Government Devices to Limit Location Exposure

The U.S. military has disabled advertising tracking on government-issued phones and computers to reduce the risk that commercially available location data could be used to identify or target service members.…

NHTSA Opens Investigation Into Tesla Cybercab Without Steering Wheel or Pedals

The National Highway Traffic Safety Administration has opened an investigation into Tesla’s decision to deploy its Cybercab on public roads without a steering wheel or pedals. The probe began Friday,…

Crusoe Raises $3 Billion at $30 Billion Valuation

Crusoe has raised more than $3 billion in new funding at a $30 billion valuation as demand for AI data center and cloud infrastructure continues to expand. The round is…

Tesla Opens Cybercab Fleet Interest Form to Businesses

Tesla has opened a new interest form for businesses that want to purchase Cybercab fleets or provide infrastructure for its Robotaxi network. The form suggests Tesla is considering a broader…

Tesla Launches Cybercab in Austin as Robotaxi Strategy Enters New Phase

Tesla has begun deploying its Cybercab on public roads in Austin, Texas, moving its purpose-built autonomous vehicle into service after more than a year of operating its Robotaxi network primarily…

Thinking Machines Lab Discusses $1 Billion Round at $40 Billion Valuation

Thinking Machines Lab, the AI startup founded by former OpenAI CTO Mira Murati, is in discussions to raise $1 billion at a valuation of at least $40 billion. Existing investor…

Realta Fusion and MGE Plan 200 MW Fusion Power Plant in Wisconsin

Realta Fusion has partnered with Madison Gas and Electric to explore building a 200-megawatt fusion power plant in Wisconsin, with the project targeted for the mid-2030s. The agreement also includes…

Abliteration.ai Commercializes Guardrail-Reduced AI Models for Cybersecurity and Red-Team Testing

Abliteration.ai is offering hosted access to modified open-weight AI models with many refusal behaviors removed, making systems such as Z.ai’s GLM-5.3 available through a browser and API for cybersecurity, red-team,…

Meta Offers Up to 95% Discount on Muse Spark for Customers Who Share AI Usage Data

Meta is offering substantially lower prices for its Muse Spark AI model to customers who allow their prompts and model outputs to be used to develop future models. Under its…

OpenAI Launches GPT-6 Astra With Expanded Cybersecurity and Coding Capabilities

OpenAI has released GPT-6 Astra, which it describes as its most capable and aligned model to date. Astra is launching first for customers using OpenAI’s Daybreak cybersecurity program and will…

Ultrahuman Raises $70 Million to Develop Smart Rings That Run Software On-Device

Ultrahuman has raised $70 million in new financing at a $365 million valuation as it works to turn its smart rings from health trackers into devices that can run software…

Circular Unveils Ring 3 Pro and Ring 3 Slim With NFC Payments and Health Tracking

Circular has introduced its Ring 3 series, a new smart ring lineup that includes the Ring 3 Pro and Ring 3 Slim. Both models add NFC contactless payments, haptic vibration…

Ollie Raises $7.5 Million as Family AI Assistant Focuses on Privacy

Ollie has raised $7.5 million in seed funding as it develops a family-focused AI assistant that helps users manage schedules, meals, shopping, appointments, bills, and other everyday tasks through text…

Nvidia Agrees to Acquire Hugging Face for $12.93 Billion

Nvidia has agreed to acquire Hugging Face for $12.93 billion, bringing one of the largest open AI development platforms under the chipmaker. Hugging Face hosts more than 3 million models,…

Zoox Expands Paid Robotaxi Service to Las Vegas Airport

Zoox is extending its paid robotaxi service in Las Vegas to Harry Reid International Airport, allowing customers to hail rides to and from the airport starting Thursday. The expansion follows…

OpenAI Faces 30 New Lawsuits Over Tumbler Ridge School Shooting

OpenAI is facing 30 additional lawsuits tied to the February 10 mass shooting at Tumbler Ridge Secondary School in British Columbia, bringing new claims that the company aided and abetted…