Month: April 2025

Amazon’s new AI agent will shop third-party sites for you

Amazon’s new AI agent will shop third-party sites for you Amazon is starting to test a new AI shopping agent, a feature it calls “Buy for Me,” with a subset users, the company announced in a blog post Thursday. If Amazon doesn’t sell something that users are searching for, the

Federal judge allows the EFF’s lawsuit against DOGE and Elon Musk to proceed

Federal judge allows the EFF’s lawsuit against DOGE and Elon Musk to proceed A federal judge ruled on Thursday that a lawsuit attempting to stop the Department of Government Efficiency from obtaining records on millions of Americans may proceed. In conjunction with privacy watchdog the Electronic Frontier Foundation and two

Amazon Kindle’s new feature uses AI to generate recaps for books in a series

Amazon Kindle’s new feature uses AI to generate recaps for books in a series Amazon is introducing a new “Recaps” feature for Kindle users to help them recall plot points and character arcs before picking up the latest book in a series. While the company’s press release for the new

Grace raises €5.9M seed to offer insurance to luxury goods

Grace raises €5.9M seed to offer insurance to luxury goods Grace, an insurance company for luxury goods, announced on Wednesday a $6.4 million (€5.9 million) seed round led by FinTech Collective and Speedinvest.  An insurance company for luxury goods, Grace works with luxury brands to protect purchased consumer goods. If

OpenAI just made its first cybersecurity investment 

OpenAI just made its first cybersecurity investment  OpenAI just co-led a $43 million Series A into deepfake defense startup Adaptive Security. Powered by WPeMatico https://techcrunch.com/2025/04/03/openai-just-made-its-first-cybersecurity-investment/

Lumai secures over $10M investment for optical processing tech

Lumai secures over $10M investment for optical processing tech UK AI optical processing startup Lumai has secured more than $10 million in investment.  Spun out of the University of Oxford, Lumai is tackling the limitations of AI compute by using optical processing to accelerate LLM and other transformer-based AI.  Lumai has

Builder.ai undergoes “significant restructuring” as it restates past accounts

Builder.ai undergoes “significant restructuring” as it restates past accounts Microsoft-backed UK startup Builder.ai has undergone a “significant restructuring”, under its new CEO, as it restates its previous financial accounts. The AI startup, whose founder Sachin Dev Duggal stepped down in March this year, has cut its global headcount by around

Fintech Next Generation acquires Lugh in order to launch digital payments

Fintech Next Generation acquires Lugh in order to launch digital payments French fintech Next Generation has acquired Lugh Financial Services (LFS), a Digital Asset Service Provider (DASP) from the French retail giant, Casino Group.  This acquisition is designed to bolster Next Generation’s bid for regulatory compliance under the European Union’s

Wireless Logic expands to Latin America with Arqia acquisition

Wireless Logic expands to Latin America with Arqia acquisition IoT startup Wireless Logic has acquired Arqia, Brazil’s largest independent authorised Mobile Virtual Network Operator.  Wireless Logic’s global platform simplifies and automates IoT connectivity, serving more than 14 million devices across 165 countries. The company’s partnerships with over 50 mobile networks enable

How a Slovak startup Is tackling enterprise IT’s biggest headache

How a Slovak startup Is tackling enterprise IT’s biggest headache Selecting the right software provider is a complex challenge, as procurement, IT, and business teams often have conflicting priorities, ranging from cost and compliance to functionality and scalability.  Many organisations still rely on gut instinct, informal recommendations, or Google searches