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Ubisoft cancels projects and announces restructure in fight to stay competitive

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Video game publisher to cancel Prince of Persia remake and close studios after several difficult yearsThe video game publisher behind the Assassin’s Creed series has cancelled six projects including a remake of Prince of Persia: The Sands of Time as it fights to stay competitive in the global gaming market.Ubisoft announced a sweeping reorganisation and […]

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Exclusive: Cambio Lands $18M At $100M Valuation For AI-Powered Commercial Real Estate Software

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Real estate & property tech, SaaS, Startups

Cambio, a startup that has built AI-powered commercial real estate software for institutional investors, has raised $18 million in a Series A round at a $100 million valuation, it tells Crunchbase News exclusively. Maverick Ventures led the financing, which included participation from Y Combinator, Adverb and angel investors from OpenAI, Anthropic and Notion, among others. Founded in

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The year of the ‘hectocorn’: the $100bn tech companies that could float in 2026

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OpenAI, Anthropic, SpaceX and Stripe are rumoured to be among ten of the biggest companies considering IPOsYou’ve probably heard of “unicorns” – technology startups valued at more than $1bn – but 2026 is shaping up to be the year of the “hectocorn”, with several US and European companies potentially floating on stock markets at valuations

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Rollout of AI may need to be slowed to ‘save society’, says JP Morgan boss

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Jamie Dimon warns of civil unrest but Nvidia’s Jensen Huang argues tech will create rather than destroy jobsJamie Dimon, the boss of JP Morgan, has said artificial intelligence “may go too fast for society” and cause “civil unrest” unless governments and business support displaced workers.While advances in AI will have huge benefits, from increasing productivity

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AI That Can Think Like a Human—How Close Are We?

ai, AI (Artificial Intelligence), Artificial Intelligence, Business, Technology

Artificial Intelligence has come a long way in recent years. From chatbots that answer questions to AI systems that compose music or create art, machines are beginning to mimic some aspects of human intelligence. But one question fascinates scientists, technologists, and the general public alike: Can AI really think like a human? “AI can mimic

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All anyone wants to talk about at Davos is AI and Donald Trump

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This story first appeared in The Debrief, our subscriber-only newsletter about the biggest news in tech by Mat Honan, Editor in Chief. Subscribe to read the next edition as soon as it lands. Hello from the World Economic Forum annual meeting in Davos, Switzerland. I’ve been here for two days now, attending meetings, speaking on panels,

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LinkedIn data shows sluggish overall hiring but a surge in AI-related jobs

ai, AI (Artificial Intelligence), Artificial Intelligence, Business

A new report by professional social media platform LinkedIn shows that while jobseekers currently outpace job openings, a “new-collar” era of work is opening, focused on AI-related skills. In this edition, we speak to LinkedIn’s EMEA Managing Director Sue Duke from the World Economic Forum in Davos about her insights on new labour market trends

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