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Meta has postponed the release of its new foundational artificial intelligence model, code-named Avocado, from March to at least May 2026. The delay stems from internal tests indicating the model underperformed compared to leading A.I. models developed by rivals such as Google, OpenAI, and Anthropic. This setback comes despite Meta's substantial investment in the competitive A.I. landscape.
NVIDIA has announced a multiyear strategic partnership and a significant investment in Mira Murati's AI startup, Thinking Machines Lab. The deal includes a commitment for Thinking Machines to deploy at least a gigawatt of NVIDIA's next-gen Vera Rubin systems, reportedly worth tens of billions of dollars, fueling the AI compute race.
French insurtech Alan has closed a €100 million funding round, boosting its valuation to €5 billion. The Paris-based company, founded in 2016, reported €785 million in annual recurring revenue for 2025 and aims for €1 billion in 2026, serving over one million members across multiple countries. The investment will fuel international expansion and AI-driven product development.
Mirai Robotics, an Italian startup, has secured $4.2 million in pre-seed funding to develop autonomous surface vessels and a maritime intelligence platform. This investment targets the "blue economy," aiming to introduce software-defined control to oceans to combat rising costs, workforce shortages, and enhance surveillance. The company’s innovative technology promises to unlock new efficiencies and address critical security challenges in marine environments.
The US government is reportedly considering forcing Tencent to divest its major gaming investments, including stakes in Epic Games and Riot Games. Citing national security concerns over data collection, this ongoing investigation could significantly reshape the global gaming industry.
GeekWire successfully tested Amazon's 30-minute Amazon Now delivery service live on a podcast. Experts from Consumer Intelligence Research Partners (CIRP) explained that this speedy delivery model, coupled with Amazon's significant investment in logistics, is central to its strategy of becoming the \
Meta's flagship metaverse service, Horizon Worlds, is decoupling from its Quest VR platform and shifting its focus predominantly to mobile. This strategic pivot follows significant financial losses in Meta's mixed reality division and internal layoffs, signaling a move away from an all-encompassing VR metaverse vision toward mobile engagement, augmented reality, and AI investments.
