Lilium Electric Aircraft Startup Shuts Down
Lilium, a German electric aircraft startup, ceases operations after failing to secure €50m loan from government, despite $1bn in funding
Startups
Lumen Orbit Raises $10M for Space-Based AI Data Centers
Lumen Orbit secures $10M seed round to build space-based data centers for AI model training, a moonshot idea gaining traction
McDonald's Ice Cream Machines Get Repair Reprieve
US Copyright Office exempts McDonald's ice cream machines from digital locks, allowing third-party repairs and maintenance.
.NET Goes Cross-Platform, Opens Up New Dev Opportunities
.NET expands beyond Windows, allowing devs to build cross-platform web, mobile, and cloud apps, increasing its appeal to startups and enterprises.
OpenAI Debunks Rumors of Imminent Orion AI Model Release
OpenAI denies plans to release Orion AI model this year, contradicting previous reports of a December launch.
OpenAI's Next-Gen AI Model Orion to Launch by December
OpenAI plans to release its next-gen AI model Orion by December, with Microsoft engineers expecting access as early as November, following a $6.6B funding round.
Perplexity Fires Back at Media Giants Over AI Copyright Claims
Perplexity responds to copyright lawsuits from media companies, accusing them of trying to stifle AI innovation and control publicly reported facts.
Perplexity's AI Search Engine Sees Rapid Growth
Perplexity's AI-powered search engine hits 400 million queries/month, teases ecommerce features and ad model, despite legal battles with publishers.
Scout Motors Unveils EVs with Gas-Powered Generator Option
VW spinoff Scout Motors reveals electric SUV and truck with optional gas-powered generator, targeting 2027 launch