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Perceptron Mk1 shocks with highly performant video analysis AI model 80-90% cheaper than Anthropic, OpenAI & Google
AI that can see and understand what's happening in a video — especially a live feed — is understandably an attractive product to lots of enterprises and organizations. Beyond acting as a secu [...]
SAG-AFTRA has suspended its gaming industry strike over AI protections
SAG-AFTRA has suspended its strike against ten game studios. The organization's national board will meet tomorrow to consider a tentative agreement with the developers; more details of the arrang [...]
Applied Aerospace & Defense raises $650M in an IPO the market wanted ten times over
The appetite was the story. Applied Aerospace & Defense priced its initial public offering on Tuesday at $20 a share, raising $650M, and by the time the book closed the deal was said to be about t [...]
Europe’s best-funded rocket startup just raised €270M, and now Isar Aerospace has to actually reach orbit
Europe has the ambition to reach space on its own. What it lacks is rockets that work. Isar Aerospace has just raised €270mn to fix the first problem, and in less than a week it gets another chance [...]
Vertical Aerospace gets a second VX4 flying, doubling its test fleet on the road to certification
Building an electric air taxi is less about one dramatic first flight than about doing it over and over until regulators are convinced. Vertical Aerospace has just put a second aircraft in the air to [...]