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Meta adds an AI assistant and desktop version to its CapCut rival Edits
Artificial Intelligence
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ARTIFICIAL INTELLIGENCE
Irish fleet-safety firm CameraMatics raises up to €49M to take on Samsara in the US
The Dublin-founded company uses AI to spot crashes before drivers do. A Blume Equity-led round, backed by Ireland's sovereign fund and AIB, will fund a push into North America.
INVESTORS AND FUNDING
BlackRock ordered $5 billion in SpaceX shares as IPO demand hit $250 billion, nearly 4x oversubscribed
SpaceX is set to debut on Friday at $135 per share, raising $75 billion at a $1.77 trillion valuation. Senator Warren asked the SEC to delay it.
ARTIFICIAL INTELLIGENCE
Meta signs its first India data-centre deal, leasing a 168MW AI facility from Reliance
Reliance will build and run the Jamnagar site on renewable power and desalinated seawater. Meta is the latest hyperscaler sending AI compute to India.
ARTIFICIAL INTELLIGENCE
Canada wants to ban under-16s from social media, and rein in AI chatbots too
The Digital Safety Act would go further than Australia's ban, regulating chatbots and platform design, not just access. But Australia's struggle to enforce its own version shows the hard part comes later.
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