Corporate Movements
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German firms submit separate EU bids for AI data centre
Deutsche Telekom, Ionos and the Schwarz Group’s IT arm each filed independent expressions of interest for the EU’s planned $20 billion AI data-centre fund after failing to agree on a joint proposal. Read more
Product Launches
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Honda-backed Helm.ai unveils Vision system for autonomous driving
Helm.ai rolled out “Helm.ai Vision,” a camera-based AI platform that interprets urban environments, and is in talks to integrate it into Honda’s upcoming Zero EV series for hands-free driving. Read more
Acquisitions
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Japan’s TDK acquires US smart-glasses startup SoftEye
TDK purchased SoftEye, a San Diego-based developer of eye-tracking and object-recognition tech for smart glasses, in a deal valued under $100 million to bolster its AI wearables portfolio. Read more
Defense & Aerospace
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Drone makers battle for air dominance with ‘wingman’ aircraft
Major aerospace and defense firms showcased AI-enabled “wingman” drones at the Paris Air Show, autonomous UAVs designed to operate alongside manned fighters for reconnaissance and electronic warfare tasks. Read more
Policy & Regulation
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EU probes Musk’s X corporate structure months after xAI deal
The European Commission is seeking details on changes to X’s (formerly Twitter) corporate setup following Elon Musk’s $33 billion takeover by xAI, part of a broader push to scrutinize AI-driven platforms. Read more