The Commission president proposes no social media for children under 13 in the EU
Government and policy
UAE AI minister: data centres are now “more important than bridges”
Government and policyLatest news
ARTIFICIAL INTELLIGENCE
Arcee AI built Trinity for about $20m, and investors now value it at $1bn+
Arcee AI, which built its Trinity family of open-weight models for about $20m, has raised a Series B round that values it at more than $1bn. Vista Equity Partners, Cambium Capital and Emergence Capital led the round, which a source told Fortune was at least $150m.
ARTIFICIAL INTELLIGENCE
Arcee AI built Trinity for about $20m, and investors now value it at $1bn+
Arcee AI, which built its Trinity family of open-weight models for about $20m, has raised a Series B round that values it at more than $1bn. Vista Equity Partners, Cambium Capital and Emergence Capital led the round, which a source told Fortune was at least $150m.
BUSINESS
Automattic says Mullenweg is CEO again, three days after removing him
Automattic's board put Matt Mullenweg on paid leave on Wednesday and made its CFO interim chief executive. By Saturday the company said Mullenweg is chairman and CEO with the board's full support. It has not explained either decision. He calls it his fifth coup attempt.
ECOSYSTEMS
Porsche’s wireless charging pad is on sale in Europe, and it bolts to the floor
The first inductive charger offered on a car in Europe or North America costs EUR 6,961 in Germany and needs a fixed ground pad, which is a building alteration rather than a plug