Ant International raises $1.2bn to fund its payments push beyond China
Ant International, the overseas affiliate of Chinese fintech group Ant Group, has raised about $1.2 billion in a fresh equity round to fund its expansion into markets beyond its home turf. The company confirmed the raise, describing it as capital to speed up international growth and deepen its work in merchant payments, account management, and financial services […]<br /> This story continues at The Next Web [...]
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Inside Ring-1T: Ant engineers solve reinforcement learning bottlenecks at trillion scale
China’s Ant Group, an affiliate of Alibaba, detailed technical information around its new model, Ring-1T, which the company said is “the first open-source reasoning model with one trillion total p [...]
Kai-Fu Lee's brutal assessment: America is already losing the AI hardware war to China
China is on track to dominate consumer artificial intelligence applications and robotics manufacturing within years, but the United States will maintain its substantial lead in enterprise AI adoption [...]
Metroid Prime 4: Beyond review: an excellent modernization, but not a total reinvention
It’s been 18 years since the last Metroid Prime game, but I felt right at home in Metroid Prime 4: Beyond. Almost too at home. Whether fighting my way through a volcano, exploring a research base in [...]
Visa just launched a protocol to secure the AI shopping boom — here’s what it means for merchants
Visa is introducing a new security framework designed to solve one of the thorniest problems emerging in artificial intelligence-powered commerce: how retailers can tell the difference between legitim [...]
UPS is investing more than $2bn across international, healthcare and supply chain
UPS has told CNBC it is investing more than $2bn across its international, healthcare and supply chain businesses, spending that began in 2024 and runs to 2028. The same company cut about 48,000 roles [...]
Hypershell takes $50M more on $120M Series B series as consumer exoskeletons step out of niche
Ant Group and Meituan Dragonball co-led the $50m Series B+; Sofina and Granite Asia joined. Total Series B funding now stands at $120m at a near-$400m post-money valuation, ahead of Wednesday’s glob [...]
The US withdraws from dozens of international bodies, including climate-focused organizations
In a new executive order, President Donald Trump has declared that the United States will withdraw from 66 international organizations and bodies, including several focused on tackling climate change. [...]
Benchmark breaks its own rule with a $2bn raise and a first growth fund
The discipline was the whole identity. For more than twenty years Benchmark kept its funds around $425m and backed only young companies, taking a roughly 20% stake in each and trusting that selectivit [...]
OpenAI debuts new ChatGPT 'buy' button and open source Agentic Commerce Protocol
The next time you order something online, it may be through ChatGPT — at least if OpenAI and online payments provider Stripe have anything to say about it.The two companies today announced a new fea [...]