Author: GT

Pony.ai and WeRide have received a key approval from Chinese securities regulators that clears the way for the autonomous vehicle technology companies to pursue secondary listings on the Stock Exchange of Hong Kong. The Chinese companies, both of which are based in Guangzhou, are already publicly traded in the U.S. on the Nasdaq Exchange. WeRide made its public debut in October 2024, and Pony.ai followed a month later. Now, Pony.ai and WeRide are each aiming to sell shares on the Hong Kong Exchange, following a trend of Chinese companies that have pursued a secondary listing. Pony.ai and WeRide said the…

Liberate, an AI startup automating insurance operations, has raised $50 million in a round led by Battery Ventures as it looks to scale its agentic deployments across carriers and agencies globally. The all-equity round values the three-year-old startup at $300 million post-money, with participation from new investor Canapi Ventures and returning backers Redpoint Ventures, Eclipse, and Commerce Ventures. The insurance industry has been navigating a difficult stretch, with rising operational costs, legacy system constraints, and increasing customer expectations. Specifically in the non-life segment, global premium growth is projected to slow through 2026, driven by heightened competition, weaker rate momentum, and…

On Wednesday, Anthropic released Claude Haiku 4.5, the newest version of its smallest model, billed as offering similar performance to Sonnet 4 “at one-third the cost and more than twice the speed,” per a company blog post. Anthropic cites a range of new benchmark results to back up those performance claims. In the company’s testing, Haiku scored 73% on SWE-Bench verified and 41% on the command-line-focused Terminal-Bench — below Sonnet 4.5, but on par with Sonnet 4, GPT-5 and Gemini 2.5 in each case. Tests show similar results on benchmarks for tool use, computer use, and visual reasoning. The new…

While employees spend much of their day communicating and coordinating amongst themselves on projects, this effort is often undermined by the availability of specific individuals. When a colleague with vital information is away — whether on vacation or in a different time zone — the rest of the team must delay progress until that person responds. Ashutosh Garg and Varun Kacholia, the co-founders of Eightfold — an AI recruiting startup last valued at $2.1 billion — believe that advances in LLMs and data privacy technologies can help solve some aspects of this costly problem. Earlier this year, they launched Viven,…

Dario Amodei, co-founder and chief executive officer of Anthropic, at the World Economic Forum in 2025.Stefan Wermuth | Bloomberg | Getty ImagesAnthropic on Wednesday announced Claude Haiku 4.5, a small artificial intelligence model that’s available as a lower-cost offering for all of the company’s users. The model is fast and can outperform other larger models that were considered cutting edge just months ago, Anthropic said. Claude Haiku 4.5 is better at using computers than Claude Sonnet 4, for instance, which is a midsized model the company launched in May. It performs similarly to Claude Sonnet 4 and OpenAI’s most recent model, GPT-5,…

Nuclear stocks rallied Wednesday after the U.S. Army launched a program to deploy small reactors.Shares of NuScale, a small reactor developer, soared 17%. Oklo and Nano Nuclear were up nearly 7% and 4%, resepectively. The uranium company Centrus was up 13%.The U.S. Army on Tuesday launched a program to build micro nuclear reactors in partnership with the Defense Innovation Unit. The microreactors will be commercially owned and operated with the goal of helping developers scale up their businesses, according to the Army.Stock Chart IconStock chart iconNuScale Power (SMR), 1 dayThe Army launched the “Janus Program” in response to President Donald…

The thousands of small trucking companies that help move goods around the United States have a fairly old-school way of doing things, according to Paul Singer. He would know — he left his product manager job at Uber Freight to start a company called FleetWorks, which he believes will modernize things. Created during Y Combinator’s Summer 2023 batch, FleetWorks has been developing a marketplace that leverages artificial intelligence to make faster matches between carrier companies and goods that need to be moved, freeing up more time for workers on both sides of the transaction. Singer and co-founder Quang Tran, who…

Security researchers have discovered that as many as half of all geostationary satellites in Earth’s orbit are carrying unencrypted sensitive consumer, corporate, and military information, making this data wide open to eavesdropping. The researchers at UC San Diego and the University of Maryland spent $800 on an off-the-shelf satellite receiver and pointed it at the sky for three years. They found reams of unencrypted data beaming to and from space, including people’s private voice calls and text messages, and consumer internet traffic from in-flight Wi-Fi services. The unencrypted data also included communications between critical infrastructure systems, such as energy and…

The Trump administration will set price floors across a range of industries to combat market manipulation by China, Treasury Secretary Scott Bessent told CNBC in an exclusive interview on Wednesday.China has driven foreign competitors in the rare earths industry out of business over the past two decades by using its global dominance in refining and processing to slash prices, Bessent said.”When you are facing a non-market economy like China, then you have to exercise industrial policy,” Bessent told Sara Eisen at CNBC’s “Invest in America forum” in Washington, D.C.”So we’re going to set price floors and the forward buying to…

An Aligned data center in Northlake, Illinois, US, on Thursday, Oct. 9, 2025.Christopher Dilts | Bloomberg | Getty ImagesNvidia, Microsoft, BlackRock and Elon Musk’s xAI are part of a consortium of investors that has agreed to purchase Aligned Data Centers for $40 billion, the companies announced Wednesday.Aligned designs and operates data centers and data campuses across North and South America, and is owned by Macquarie Asset Management.MGX of Abu Dhabi, United Arab Emirates, BlackRock’s Global Infrastructure Partners and members of Artificial Intelligence Infrastructure Partnership, or AIP, will acquire 100% of the company’s equity, in what will be the largest global…