GoKawiil
Tech News
Proxima Fusion announced plans to construct a €140 million ($162.6 million) plant to manufacture fusion-grade high-temperature superconducting tape, a critical material for containing plasma in its reactors. The factory will be funded through a mix of public and private money, including €21 million from the state of Lower Saxony, and follows a €411 million funding round the startup closed months earlier.
A contributor to Entrepreneur argues that many companies, especially in B2B SaaS, mistakenly treat marketing spend as a vending machine that should instantly dispense leads for every dollar spent. Instead, the piece proposes viewing marketing like an investment account, where some efforts pay off immediately and others build trust and recall over time, eventually compounding into inbound demand.
During the CNBC Investing Club's September meeting, Jim Cramer and Jeff Marks reviewed all 33 portfolio holdings and highlighted six favorite stocks to buy as the club becomes more selective on AI-related exposure. The picks include Kimberly Clark, Bank of New York, Intel, Micron and Meta, with commentary also touching on lessons from the club's recent Corning exit.
Elon Musk's tunneling company The Boring Co. announced a $23 billion valuation late Wednesday, alongside plans to expand into the Middle East. The firm, spun out of SpaceX in 2018, currently operates just one public loop in Las Vegas while pursuing roughly a dozen other city projects, including a contested 20-mile tunnel system under construction in Nashville.
Springshot, a startup whose operations platform powered Spirit Airlines' logistics until its final flight, says it received no advance notice that Spirit planned to auction a massive trove of operational data to Google as part of its bankruptcy proceedings. The company filed a limited objection arguing the sale agreement's vague data categories could improperly include Springshot's proprietary intellectual property rather than data Spirit actually owns.
Indian audio storytelling platform Pocket FM has doubled its annualized revenue run rate to $500 million over the past year, driven largely by AI-generated content. CEO Rohan Nayak said AI now accounts for 93% of the platform's overall catalog and 99% of new releases, though humans still shape the underlying story ideas.
Jimmy Kimmel announced his sit-down with Texas Democratic Senate candidate James Talarico will stream only on the Jimmy Kimmel Live YouTube channel rather than air on ABC's broadcast affiliates. He said the shift is meant to shield local stations from further FCC scrutiny amid ongoing regulatory pressure tied to Disney and ABC.
Slack is rolling out Slackforce Surfaces, a feature letting users ask Slackbot to build interactive dashboards, reports, polls, and presentations directly within a chat conversation. The AI pulls data from relevant messages and connected apps like Google Drive or Salesforce to generate these tools, which can then be pinned to channels for teams to view, interact with, and comment on.
Anthropic's Threat Intelligence team disclosed that it identified and shut down multiple cyber operations run by state-sponsored groups, financially motivated criminals, and politically motivated actors who abused its Claude Haiku, Sonnet, and Opus models. The company said no misuse was found involving Claude Fable or Mythos, which carry stronger safeguards, and that in every case it disrupted the activity, patched its defenses, and coordinated with law enforcement and industry partners.
Apple's new foldable iPhone Duo features a 7.6-inch inner display and 5.4-inch outer display, priced at $1,999. CNET compares this to buying a separate iPhone and iPad, finding the combined cost of those devices can be close to or even exceed the Duo's price depending on the models chosen.
Apple unveiled the iPhone Duo, its first foldable phone, alongside new iPhone, Apple Watch and AirPods models. The device features a 7.6-inch inner display and 5.4-inch outer display, dual 48-megapixel cameras with simultaneous front-and-rear capture, up to 24 hours of battery life, and Apple's A20 Pro chip, starting at roughly $2,000.
Paramount+ dropped a nearly three-minute trailer for Avatar: Seven Havens, revealing character voices and story details ahead of its October 9 premiere. The series is set 200 years after The Legend of Korra, in a world fractured into seven havens after a catastrophe that has turned public opinion against Avatars, with new Avatar Pavi at the center of the story alongside a twin sister and a group of friends.