Blackwall quadruples its valuation to $2.2bn as bots take over the web
Investors and funding
Revolut outage leaves customers unable to use app or cards
Fintech and ecommerce
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INVESTORS AND FUNDING
Korean AI data centre firm Elice sinks 32% in a record-worst IPO debut
The Elice IPO raised $151m at the top of its range, with retail demand 400 times the shares on offer. It is the latest AI infrastructure listing to stumble.
INVESTORS AND FUNDING
Korean AI data centre firm Elice sinks 32% in a record-worst IPO debut
The Elice IPO raised $151m at the top of its range, with retail demand 400 times the shares on offer. It is the latest AI infrastructure listing to stumble.
BUSINESS
AstraZeneca and Oracle team up on AI to find patients for drug trials
The first project targets uncontrolled high blood pressure in Abu Dhabi, with UAE healthcare company M42.
AUSTRALIA
Australia set to sue Meta, TikTok, Snap and YouTube, Bloomberg reports
Communications Minister Anika Wells told Bloomberg the eSafety Commissioner is preparing a Federal Court case over the under-16 ban. She is also building a global alliance against Big Tech.
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