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Repeat founder Ryan Williams raises $10M seed for an AI startup for private credit managers
Ellis AI has emerged from stealth with $10 million in seed funding to build AI tools for private credit managers. Founded by Cadre co-creator Ryan Williams, the company aims to reduce the manual, fragmented operational work involved in handling documents, spreadsheets, accounting data and correspondence across private credit firms. The round includes First Round Capital,…
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Karol G Drops New Reebok Classics Campaign ‘Rooted in Community’
Reebok has launched a new campaign with its global ambassador Karol G, titled “Born Classic. Worn Together.” The campaign promotes Reebok Classics through themes of community, self-expression and connection, using the Colombian singer’s public profile and Tropicoqueta era aesthetic. Photographed by Alfred Marroquín in Mexico City, the advert features a diverse group dancing to Karol…
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As the memory crisis worsens, PlayStation promises it has secured enough RAM to meet its PS5 sales (until early 2027, at least)
Sony says it has secured enough memory chips to meet projected PS5 sales through its 2026 financial year, ending in March 2027, despite a worsening component shortage driven partly by demand for generative AI hardware. This matters because shortages and higher memory costs are already affecting hardware availability and prices across the industry, while Sony…
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Shift-Up uses AI K-pop video to promote Stellar Blade: Bloodrain
Shift-Up has promoted its forthcoming action game Stellar Blade: Bloodrain with what appears to be a fully generative-AI K-pop music video. The video features protagonist Evie performing an original Shift-Up song, and has prompted criticism and confusion from some fans, highlighting concerns about the company’s increasing embrace of AI in game marketing and potentially development.…
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Horror master James Wan’s greatest movie franchise officially returns in 3 weeks
Insidious: Out of the Further, the sixth film in James Wan and Leigh Whannell’s paranormal horror franchise, is due to arrive in cinemas in three weeks. It matters because it continues a series that has run for 15 years and returns to the Further, the demonic purgatory realm central to the earlier films. The 106-minute…
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Tech buyers are baking in sovereignty from day one, says Forrester
Forrester says organisations are increasingly treating digital sovereignty as a core design requirement for new cloud and AI projects, rather than addressing it later. This matters particularly in Europe, where regulatory and geopolitical concerns are heightened by reliance on US technology providers and limited domestic hyperscale AI capacity. Buyers are examining not only where data…
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AI labels to be compulsory on authentic-looking content under EU rules
EU rules taking effect from Sunday will require companies to label AI-generated or manipulated images, audio and text that are designed to appear authentic. The measures, introduced under the EU AI Act, are intended to help people identify deepfakes and other synthetic material, with supporters arguing that greater transparency is important for consumer protection and…
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Oscar-Qualifying Bengaluru International Short Film Festival Expands to 10 Arenas, Adds AI and Dance Competitions (EXCLUSIVE)
Bengaluru International Short Film Festival will expand its 2026 edition to 10 competition areas, introducing categories for AI-made films and screendance. The Oscar-qualifying festival’s growth reflects both rising global interest in short films and a willingness to recognise emerging forms of filmmaking that combine technology, choreography and cinema. Organisers received a record 3,340 submissions from…
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Suno loses copyright infringement lawsuit brought by GEMA in Germany
A Munich court has ruled that AI music generator Suno infringed copyright by using music represented by Germany’s GEMA without permission. The decision strengthens pressure on generative-AI companies to secure licences for training material and compensate rightsholders, although Suno says it disagrees with the ruling and is considering an appeal. The court ordered Suno to…
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BP to sell North Sea business; AI companies lead record surge on Korea’s stock market – business live
BP has put its North Sea oil business up for sale as it reviews its portfolio and seeks to redirect investment towards projects with higher returns. The move comes amid a political dispute over whether the UK should permit further North Sea extraction, making the sale significant for energy security, jobs and the future of…