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Crusoe reportedly in talks to raise $3 billion, tripling its valuation
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ARTIFICIAL INTELLIGENCE
Weave’s $7,999 Isaac 1 bets home robots don’t need legs or fingers
Weave Robotics has launched Isaac 1, a wheeled, fingerless home robot that folds laundry and tidies up for $7,999, or $449 a month. It undercuts humanoid rivals like 1X’s Neo by design, betting that purpose-built machines will reach the home before general-purpose robots do.
ARTIFICIAL INTELLIGENCE
The AI chip trade cracked this week, and the hunt for what replaces it has begun
Semiconductor stocks lost 12% in two sessions while the Dow hit a record, as investors rotated from the companies that build AI infrastructure to the ones that sell it
ARTIFICIAL INTELLIGENCE
SAP freezes hiring and travel to shovel cash into AI
SAP has told staff it will freeze most hiring, halt non-essential travel and cut supplier spending to fund a “significant” AI push. The memo lands with Europe’s largest software company down about 33 per cent this year, as investors worry AI will erode demand for its core products.
BUSINESS
The man who built Pegasus now sells governments the antidote, and Latin America is buying
Dream, co-founded by NSO Group creator Shalev Hulio, is targeting Trump-aligned Latin American governments as the region faces the world’s fastest-growing wave of cyber attacks
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