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Saudi Fintech Startup Tamara Raises Up to $2.4 Billion — Funds to Be Used for Expanding Credit and Payment Products

Saudi Fintech Startup Tamara Raises Up to $2.4 Billion — Funds to Be Used for Expanding Credit and Payment Products

news | | Business & Startups

Saudi payment startup Tamara has announced securing a financing package of up to $2.4 billion. The sponsors include U.S. bank Goldman Sachs, financial conglomerate Citi, and private equity funds of Apollo, managed by Apollo Global Management.
Hackers stole customer data from Gucci, Balenciaga, and Alexander McQueen

Hackers stole customer data from Gucci, Balenciaga, and Alexander McQueen

news | | Tech & Security

French luxury holding Kering, which owns the brands Gucci, Balenciaga, and Alexander McQueen, has confirmed a cyberattack that resulted in the theft of customer personal data. The incident occurred in the spring of 2025, but it became publicly known only after a BBC report, which obtained information directly from the perpetrators.
Canadian AI company Cohere plans to expand its presence in Europe

Canadian AI company Cohere plans to expand its presence in Europe

news | | Business & Startups

Canadian company Cohere, specializing in artificial intelligence solutions, has announced the opening of an office in Paris, which will serve as its operational hub in the EMEA region. The decision to expand is driven by growing demand for enterprise AI solutions in Europe, as well as by the political and business support that France provides in the field of digital technologies.
Australia Calls on Social Media to Verify Users’ Ages

Australia Calls on Social Media to Verify Users’ Ages

news | | Tech & Security

Australia has urged social media platform developers to use “minimally invasive” methods to verify the ages of young users.
LSEG Launches Blockchain Infrastructure DMI for Private Funds

LSEG Launches Blockchain Infrastructure DMI for Private Funds

news | | Crypto & Blockchain

The global financial group London Stock Exchange Group (LSEG) has launched a new blockchain-based infrastructure — Digital Markets Infrastructure (DMI). This is the first system of its kind created by a major global exchange platform, designed to serve the entire life cycle of private funds — from issuance and tokenization to post-trade settlement and servicing.
OpenAI Hires Former xAI CFO for Executive Role

OpenAI Hires Former xAI CFO for Executive Role

news | | Business & Startups

Sam Altman’s company’s finances will now be overseen by Mike Liberatore. Previously, he worked as Chief Financial Officer at Elon Musk’s xAI.
Xiaomi will not release the 16th generation of smartphones

Xiaomi will not release the 16th generation of smartphones

news | | Gadgets

The Chinese electronics manufacturer has released 15 generations of smartphones. Earlier, Apple presented the seventeenth line of iPhones.
NASA Develops AI Model to Predict Solar Storms

NASA Develops AI Model to Predict Solar Storms

news | | Science & Education

NASA, in partnership with American tech corporation IBM, has developed an artificial intelligence system designed to predict solar flares. The AI model is called Surya — which means “Sun” in Sanskrit.
China Unveils World’s First Universal 6G Chip for High-Speed Internet

China Unveils World’s First Universal 6G Chip for High-Speed Internet

news | | Tech & Security

Chinese scientists have developed the world’s first "universal" 6G chip, capable of delivering high-speed internet across all frequency bands. The chip can increase data transmission speeds by up to 5,000 times compared to current speeds in rural areas of the United States.
NASA Announces Manned Mission to Mars

NASA Announces Manned Mission to Mars

news | | Science & Education

Sean Duffy, Acting Administrator of NASA and U.S. Secretary of Transportation, has announced that a manned mission to Mars is planned for the early 2030s.
Scientists Discover Mathematical Pattern Behind Earth’s Catastrophic Events

Scientists Discover Mathematical Pattern Behind Earth’s Catastrophic Events

news | | Science & Education

A new study published in the journal Earth and Planetary Science Letters reveals a mathematical regularity in the occurrence of major disasters throughout Earth’s history.
Neurosurgeons Implant First AI-Designed Personalized Spine Disc

Neurosurgeons Implant First AI-Designed Personalized Spine Disc

news | | Med & Bio

At UC San Diego Health, a patient has undergone the world’s first cervical spine surgery using a personalized implant designed by artificial intelligence.
Elon Musk’s xAI Sues Former Engineer Over Alleged Data Theft

Elon Musk’s xAI Sues Former Engineer Over Alleged Data Theft

news | | Business & Startups

Elon Musk’s AI startup xAI has filed a lawsuit against a former engineer, Xuechen Li, accusing him of stealing proprietary data and passing it on to xAI’s direct competitor — Sam Altman’s OpenAI. After leaving Musk’s company, Li joined OpenAI, where he now works on training ChatGPT, replacing his previous work on Grok.
Scientists Discover Traces of Ancient Cosmic Collisions Deep Within Mars

Scientists Discover Traces of Ancient Cosmic Collisions Deep Within Mars

news | | Science & Education

Scientists have identified large fragments of material in Mars’ mantle, believed to be remnants of catastrophic collisions with protoplanets during the planet’s early history. The findings come from a team of researchers at Imperial College London, who analyzed seismic data from eight Marsquakes.
First Images from the Vera Rubin Telescope Released

First Images from the Vera Rubin Telescope Released

news | | Science & Education

The largest astronomical instrument has been installed at the Vera C. Rubin Observatory, located on Cerro Pachón in the Chilean Andes. Several other astronomical observatories are also situated in this area.
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