METiS, an AI Drug Firm, Plans $200 Million IPO in Hong Kong
METiS Pharmaceuticals, an AI-driven drug delivery and discovery firm based in Hangzhou, is exploring the possibility of launching an initial public offering (IPO) in Hong Kong.
Havilah Mbah
Havilah is a staff writer at The Algorithm Daily, where she covers the latest developments in AI news, trends, and analysis. Outside of writing, Havilah enjoys cooking and experimenting with new recipes.
Trump Fires Copyright Office Head Amid AI Training Controversy
In a move that has sparked controversy, President Donald Trump has dismissed Shira Perlmutter, the head of the U.S. Copyright Office.
OpenAI in Talks with Microsoft to Secure New Funding and Prepare for Future IPO
OpenAI, the company, has entered into intense negotiations with Microsoft to revise the terms of their multibillion-dollar partnership.
US Senator Proposes Bill for Location-Tracking on AI Chips to Restrict China’s Access
A U.S. senator has introduced a new bill aimed at restricting China's access to advanced semiconductor technology, particularly artificial intelligence (AI) chips.
Ex-Northvolt CEO Secures Funding to Launch New AI Manufacturing Startup
Ex-Northvolt executives, Peter Carlsson and Siddharth Khullar, have launched a new venture, Aris Machina, focusing on AI-driven manufacturing.
Elon Musk Responds to OpenAI’s Allegation of Trying to Sabotage ChatGPT’s Parent Company
Elon Musk's lawyer requested that a judge dismiss allegations made against Musk to damage OpenAI’s progress for his benefit.
Instacart’s Fidji Simo Joins OpenAI as CEO of Applications
Fidji Simo has announced she will join OpenAI as the new CEO of Applications, according to an official statement by Sam Altman.
OpenAI Launches “OpenAI for Countries” to Expand Global AI Infrastructure
OpenAI advances with Stargate project, which aims to be the backbone of the future global economy by building cutting-edge AI infrastructure.
Claude Gets Smarter: Anthropic Launches Web Search API
Anthropic has launched a Web Search API that enhances its Claude AI models, enabling their AI models search the web for updated information.
Fastino Secures $17.5M led by Khosla to Train AI on Affordable Gaming GPUs
Fastino, a Palo Alto-based startup, is disrupting the world of AI with a fresh approach to model architecture.