Food tech company GrubMarket said that it has raised $50 million in a Series G funding round, valuing the San Francisco-based firm at more than $3.5 billion. READ
Baidu has released two new open-source AI models, including a reasoning model, as it vies to regain a leading position in China’s AI space. READ FULL ARTICLE
Shares of Chinese tech giant Baidu were trading up 10% in trading in Asia, as investors reacted positively to a spate of AI model releases over the weekend.
Telcos are talking up efforts to transform themselves into tech players, touting advances in AI, 5G and 6G networks, satellite internet and even smart cities. READ FULL ARTICLE