Ukraine is holding off on additional orders for strike drones from Helsing, Europe’s most valuable defense tech startup, after the company’s weapon systems faced problems in front line tests in battle, according to a German military presentation and people familiar with the matter.
A Helsing HX-2 AI strike drone exhibited at the Defence and Security Equipment International trade show in London on Sept. 11.
The National Basketball Association is preparing to pitch investors on a new European league, targeting team valuations of up to $1 billion, as it readies a pair of regular season games in London and Berlin.
During the Paris NBA game between the Indiana Pacers and San Antonio Spurs at The Accor Arena in Paris, last year.
Singapore-based AI pioneer Manus said its annual run rate for revenue is over $125 million, eight months after it released artificial intelligence agents designed to help execute tasks for users.
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