Behavox has raised $175 million in preferred equity from HPS Investment Partners, the private credit firm that BlackRock acquired for $12 billion last year. The funding will go toward expanding Behavox’s unified AI compliance platform and pursuing acquisitions. It is the company’s first equity raise in six years. As part of the deal, Behavox fully repaid and […]

PsiQuantum has broken ground on a facility in Moreton Bay, Queensland, where it plans to build and deploy what it calls the world’s first utility-scale, fault-tolerant quantum computer. The site will eventually hold tens of thousands of photonic quantum chips cooled by one of the largest cryogenic systems ever constructed for quantum computing. Victor Peng, PsiQuantum’s […]

Apple investors are losing patience with the company’s AI strategy. The stock is coming off its worst week since February after the annual Worldwide Developers Conference failed to convince Wall Street that a long-promised upgrade cycle is any closer to arriving. “There’s a bit of fatigue with Apple and AI,” Tim Chubb, chief investment officer at Girard, […]

Czech startup Neuron Soundware has built an AI-powered acoustic detection system called Sound Shield that identifies drones by the sound of their engines using microphone sensors that cost between €100 and €150 each. The system is designed as a passive, low-cost alternative to radar for detecting low-flying drones over cities, infrastructure, and military installations. The […]

A man with ALS has been using a brain implant to speak independently for more than 3,800 hours over the past two years, producing nearly 2 million words with an average speed of 56 words per minute. The study, published Monday in Nature Medicine by researchers at the University of California, Davis, represents the longest […]