India’s biggest electric carmaker will build its delayed Avinya models on a Chery platform, the latest Indian firm to borrow Chinese tech while avoiding a Chinese partner. Tata Motors has a premium electric-vehicle problem and a Chinese solution to it. India’s largest EV maker plans to license a vehicle platform from China’s Chery to get […]

The promise of workplace AI was always time: hours handed back to employees buried in routine work. A new study suggests the hours are real and that most companies are quietly losing them again. According to research from Workday, surveying 3,200 business leaders, 85% of employees now save between one and seven hours a week […]

Eighteen months ago Suno was the AI company the music industry wanted to destroy. Every major record label had sued it, accusing it of training its models on copyrighted songs without permission. Now the labels are its partners, and investors have repriced the company accordingly. Suno has raised new capital at a $5.4bn valuation, more than […]

The Swedish app-builder, processing a million new projects a week, is making Google Cloud a primary partner, with Gemini models and a security layer aimed at corporate buyers. The pitch behind Lovable has always been that anyone can build software by chatting with an AI. The harder pitch, the one that turns a viral tool […]

For months the fight in India’s App Store antitrust case was not really about app stores. It was about a spreadsheet. The Competition Commission of India wanted Apple’s financial records; Apple did not want to give them up, least of all the global ones. On 3 June, Apple agreed to submit the financials, removing the […]

The General Court annulled the Commission’s designation of Marketplace under the Digital Markets Act, faulting its reasoning, while upholding the same label for Messenger. Meta walked into the EU’s General Court asking it to strike down two gatekeeper labels and walked out having shed one. On 3 June the Luxembourg court annulled the European Commission’s […]

Companies going public almost always leave the price for last. They set a range, send executives on a roadshow, take the temperature of the institutions, and let demand decide where the shares land. SpaceX has decided to do it backwards. The company plans to fix its IPO price at $135 a share before the roadshow […]

General Catalyst has decided it wants exposure to Factorial in two ways at once. The Barcelona software company has closed a $150M Series D led by the firm at a $2.5bn valuation, and General Catalyst is committing a further $540M through a separate vehicle that ties its return to the value Factorial creates for customers […]

Science can already tell you what a molecule is and what it looks like. What it has never been able to tell you, cheaply and at scale, is how the thing behaves once it meets the messy conditions of the real world. That gap is where drugs quietly fail in trials, where food products miss […]

The appetite was the story. Applied Aerospace & Defense priced its initial public offering on Tuesday at $20 a share, raising $650M, and by the time the book closed the deal was said to be about ten times oversubscribed. A company that makes fuselage sections and solid rocket motor cases does not usually inspire that […]