Nestlé is overhauling its ERP system to set the stage for AI and automation capabilities. The upgrade comes as the company plans to eliminate 16,000 positions globally over the next two years. This represents about 6% of their total workforce.
Despite Bitcoin falling below $100,000 to its lowest level since June, Bitwise’s chief investment officer sees signs of a potential bottom. He describes retail crypto investors as being in “max desperation” mode while institutional players remain bullish. This divergence could set the stage for a re
Norges Bank Investment Management, Tesla’s sixth-largest institutional investor with a 1.16% stake, announced it will reject Elon Musk’s potentially massive pay package. The fund cited concerns about the award’s size, dilution, and lack of key person risk mitigation despite acknowledging Musk’s “vis
Pay3 just launched an Agentic Payments Platform that enables AI systems to execute financial transactions independently using stablecoins. The company is positioning itself at the intersection of agentic AI and stablecoin payments as enterprise adoption grows.
Stability AI mostly won its UK court battle against Getty Images over using 12 million images to train Stable Diffusion. The ruling provides some clarity but leaves big questions unanswered about AI and copyright law.
Getty Images lost the bulk of its UK copyright lawsuit against Stability AI after failing to prove training occurred in Britain. The court only upheld trademark claims about watermarks appearing in AI outputs. Both sides are claiming victory as the legal battle shifts to California.
After selling her fitness startup Mirror to Lululemon for $500 million, entrepreneur Brynn Putnam is tackling a different kind of connection problem. Her new company Board aims to reinvent family game night with a shared screen experience that blends physical and digital play. It’s her answer to wha
Modern manufacturing has transformed into a high-tech field involving AI, robotics, and remote work. Yet parents still steer kids toward college despite 2.1 million manufacturing jobs projected to go unfilled by 2030. The perception gap could cost Gen Z perfect career opportunities.
A new AI framework identifies the best areas for forage cultivation in northern China’s water-scarce regions. The system combines satellite data with ecological models to balance water use, crop production, and soil health. Researchers claim it could transform agriculture in drought-prone areas.
Meo is investing in a new cable landing station in Porto, which currently has no subsea cable connections. The move aims to position Portugal as a key data transit point between continents while expanding interconnection capacity.
