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The social media giant also plans to acquire chip start-up Rivos to strengthen its own semiconductor abilities. Read more: Meta inks $14.2bn deal with CoreWeave for its compute power
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OpenAI yesterday officially launched its new TikTok-type AI video app and opened invite-only access in the US. Disney is reported to have denied use of its content. Read more: OpenAI’s TikTok-like social app makes its ‘cameo’ appearance

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We can’t wait to welcome some of you to our 30th anniversary knowledge exchange and drinks on 30th October, where we have the speakers finalised and the countdown has begun! We are extremely grateful to everyone who is taking part in this memorable occasion, which celebrates 30 years of Legal IT Insider and many…
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Development will begin immediately to create one of Italy’s largest data centre campuses. Read more: Echelon Data Centres to expand into Italy with €3bn investment
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In his new role as executive chair, Ek will chart Spotify’s long-term plans and determine capital allocation. Read more: Spotify founder and CEO Daniel Ek steps down from role
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Naomh McElhatton discusses being a voice for women in the technology sector and the responsibility she feels to steer progress. Read more: ‘Tech without compassion is brittle’, says Irish ambassador for Women in AI

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Eve, a US large language model-based plaintiff litigation management platform, has today (30 September) raised $103m Series B at a $1bn valuation. The round was led by Spark Capital, with participation from existing investors Andreessen Horowitz, Lightspeed Venture Partners, and Menlo Ventures. Announcing the raise on X, CEO and co-founder Jay Madheswaran said: “Huge…

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From the September Orange Rag… If you’ve talked about one exciting development in the AI space recently, that may well be MCP, the model context protocol launched by Anthropic last year, which provides a standardised way for large language models (LLMs) to connect with external data sources and tools. Advertisement Extremely cool and also…
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Reports suggest around 115 jobs are set to be lost through mandatory and voluntary redundancies. Read more: Ozempic-maker Novo Nordisk to cut jobs at Athlone site
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As Asahi investigates a system outage, Jaguar Land Rover and Harrods struggle to recover from their own recent breaches. Read more: Cyberattack brews trouble for Asahi as operations disrupted