Alibaba makes AI video generation model free to use globally

Open-source AI tech has been thrown into the spotlight since Chinese firm DeepSeek rattled global markets in January.

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Modi wants Tesla to build cars in India. Making the plan work may not be easy

Tesla is reportedly recruiting and scouting showroom locations in the country, following a meeting between Prime Minister Modi and Elon Musk earlier this month. 

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You Don’t Need to Know Excel Formulas Since This AI Creates Charts for You

When you have Columns AI’s auto-generation features, you might never have to manually create charts or graphs again.

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Tesla shares slump after European sales fall

Shares in the US electric carmaker dropped after European sales halved in January.

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ElevenLabs now lets authors create and publish audiobooks on its own platform

Voice AI company ElevenLabs is now letting authors publish AI-generated audiobooks on its own Reader app, TechCrunch has learned and the company confirmed. The announcement comes days after the company partnered with Spotify for AI-narrated audiobooks. ElevenLabs, which raised a $180 million mega-round last month, started inviting authors to try out their publishing program through […]
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German startup wins accolade for its fusion reactor design

Proxima Fusion, a two-year-old, German nuclear fusion startup, has published plans for a working fusion power plant in a peer-reviewed journal, in what is being touted as a step-change in the race to generate limitless energy. Today’s nuclear fission reactors create radioactive waste, whereas nuclear fusion releases vast amounts of energy, with zero carbon emissions and […]
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Register now: Applications open for the world’s top fintech companies of 2025 list

For the third year in a row, CNBC is working with market research firm Statista to list the world’s top financial technology companies.

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Super Micro files financials just ahead of Nasdaq deadline and says it’s ‘regained compliance,’ stock pops 22%

Super Micro Computer filed its annual report for the year that ended June 30, meeting a deadline to stay listed on Nasdaq.

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Anthropic’s latest flagship AI might not have been incredibly costly to train

Anthropic’s newest flagship AI model, Claude 3.7 Sonnet, cost “a few tens of millions of dollars” to train using less than 10^26 FLOPs of computing power. That’s according to Wharton professor Ethan Mollick, who in an X post on Monday relayed a clarification he’d received from Anthropic’s PR. “I was contacted by Anthropic who told me […]
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Perplexity launches $50M seed and pre-seed VC fund

Perplexity, the developer of an AI-powered search engine, is raising a $50 million seed and pre-seed investment fund, CNBC reported. Although the majority of the capital is coming from limited partners, Perplexity is using some of the capital it raised for the company’s growth to anchor the fund.  Perplexity has reportedly raised $500 million at […]
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