PharmEasy’s $5.6 billion value shrinks to $456 million, investor data shows

Indian online pharmacy PharmEasy’s valuation now stands at about $456 million, according to disclosures from its…

Elon Musk’s xAI lands $6B in new cash to fuel AI ambitions

Updated December 25, 12:21 p.m. Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI,…

The promise and perils of synthetic data

Is it possible for an AI to be trained just on data generated by another AI?…

Onyx Motorbikes is back, one year after its owner died leaving the company in shambles

A year after Onyx Motorbikes owner James Khatiblou died suddenly, leaving customers with unfulfilled orders and…

Shuttered electric air taxi startup Lilium may be saved after all

A consortium of investors has resurrected Lilium just days after the electric air taxi startup ceased…

Hyundai is giving away free Tesla NACs adapters to its EV customers

Hyundai said Monday it will send customers who have bought or leased an EV before January…

AI startups attracted 25% of Europe’s VC funding

Venture funding into Europe is heading for a flat year, but this may obfuscate the fact…

xAI is testing a standalone iOS app for its Grok chatbot

Elon Musk’s AI company, xAI, is testing out a standalone iOS app for its chatbot, Grok,…

Sriram Krishnan named Trump’s senior policy advisor for AI

Incoming president Donald Trump has confirmed reports that Sriram Krishnan, until recently a general partner at…

OpenAI announces new o3 model — but you can’t use it yet

Welcome back to Week in Review. This week, we’re looking at OpenAI’s last — and biggest…