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Fast, sourced reporting on AI and technology, updated automatically throughout the day.

An abstract representation of the Kling AI funding story, showing a glowing Chinese dragon neural network confronting a Western AI sphere.

China's Kling AI Closes $3B War Chest to Dethrone Sora

China's Kling AI just raised nearly $3 billion, hitting an $18 billion valuation with surprise backing from rivals Alibaba and Tencent. The massive funding round positions Kling to take on OpenAI's Sora for dominance in generative video.

Jul 7, 20265 min
A sleek, semi-open foldable iPhone Ultra concept device showing its creaseless screen and premium design on a dark background.

Apple's Foldable iPhone Ultra: A 10 Million Unit Bet

Apple's betting big on its first foldable. The company is reportedly ramping up its initial production order for the 'iPhone Ultra' to 10 million units, aiming to conquer the ultra-premium market with a device rumored to cost $2,500.

Jul 5, 20266 min
A futuristic AI data center campus near Paris at twilight, symbolizing MGX's global AI infrastructure investments.

Abu Dhabi's MGX Unleashes $49 Billion AI Fund, Shaking Up the Global Tech Order

Abu Dhabi's new investment powerhouse, MGX, just closed its first AI fund at a staggering $49 billion, blowing past its target to become one of the world's largest. The firm is already pouring money into critical AI infrastructure and top-tier models, taking major stakes in companies like Anthropic and co-acquiring Aligned Data Centres.

Jul 2, 20265 min