Tech
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Inside Europe’s most innovative companies
Europe spends less of its GDP on research and development than the U.S., Japan, or China. Its R&D intensity has held at roughly 2.1% for years, compared with 3.45% in the U.S. and Japan and 2.6% in China. Yet the continent continues to punch above its weight, generating world-class ideas and breakthroughs: the European Patent…
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Apple prepares second-generation iPhone Air for spring 2027
Apple Inc. is preparing a second-generation iPhone Air for spring 2027, aiming to boost the appeal of the slimmed-down device, according to people with knowledge of the matter. Current prototypes of the new model, code-named V62, add a second rear camera for ultrawide-angle photography, said the people, who asked not to be identified because the…
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World Cup, America 250 face new risk with spy law lapse
A controversial spy powers law has become the latest political casualty of President Donald Trump’s second term, injecting uncertainty into US intelligence gathering in a summer dominated by the World Cup and high-profile events celebrating the country’s 250th anniversary. Republicans have painted a dire picture of the consequences of the lapse in the law, which…
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PayPal Mafia member and ex-Sequoia steward Roelof Botha joins SpaceX board—reuniting with Elon Musk after decades
Roelof Botha, longtime investor and former steward at Sequoia Capital, has joined the board of SpaceX, a filing revealed. The news comes less than a week after SpaceX’s historic IPO and about seven months after Botha stepped down as Sequoia steward, the legendary venture capital firm’s title for its leader. His tenure coincided with a…
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‘AI is going to create a labor shortage’: Jeff Bezos thinks AI will create more jobs, not less, as he talks his AI startup Prometheus
For months, fearmongers have warned of AI’s “doomsday,” how it could eventually render whole swaths of the labor force unemployed and leave the rest managing AI employees. But for Jeff Bezos, those fears are overblown, and instead, AI will bring even more jobs than there are people to fill them. Speaking Wednesday at VivaTech, the…
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A 21-year-old cofounder’s sales pitch to clients begs them to question the company’s results: ‘Do not trust us. Do not trust our model’
Nearly 2 million New Yorkers voted in the city’s primary mayoral election. Aaru, a two-year-old AI startup, simulated all of those voters—agents built from the kind of data the company collects, like credit card purchasing history, food-delivery orders, and demographic records—and tried to predict how the votes would be cast. The simulation came within 2,000…
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Jensen Huang on his relationship with Trump: ‘calls me in the middle of the night’
SHERMAN, Texas (AP) — Nvidia CEO Jensen Huang — whose work helped propel artificial intelligence — stressed in an Associated Press interview Tuesday that society needs to change with the advent of AI, arguing that a fuller embrace of the technology would improve people’s lives. Huang has been optimistic about AI’s potential to rapidly transform…
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Exclusive: A 21-year-old Stanford grad just raised $11 million to put a hormone lab on your wrist
Jenny Duan closed her seed round the same week she picked up her diploma. Duan, 21, graduated from Stanford University last weekend with a BS in Symbolic systems. She also closed an $11 million seed round for Clair Health, Fortune learned exclusively. Khosla Ventures led the round, with support from a16z Speedrun, Brydge Club, Treehub,…
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Exclusive: Karta raises $15 million to bring WhatsApp-run U.S. credit cards to global travelers
When American Express began scaling back a niche credit card for non‑U.S. clients who keep money in American banks and brokerages, it left institutions scrambling to find a replacement for some of their most demanding customers. Now, a startup is trying to plug that gap with a WhatsApp‑run premium card that lets international travelers turn…
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Cohere CEO on G7 leaders’ choice: sovereign AI or digital serfdom
The sudden restriction of access to Anthropic’s models exposes a reality many global leaders have chosen to ignore. We are in the early stages of an AI industrial revolution, yet nations remain dangerously dependent on a handful of big tech companies. Digital sovereignty goes far beyond market competition. It is fundamentally about who controls the technology…