Nvidia has made its first investment in a Taiwanese startup by backing MetAI, a company specialising in AI-powered digital twins. MetAI raised $4 million in a seed funding round that also attracted several strategic investors, including Kenmec Mechanical Engineering and SparkLabs Taiwan.
The startup focuses on creating ‘SimReady’ digital twins, converting CAD files into realistic 3D environments within minutes. These virtual replicas are essential for training robots and building autonomous systems before their real-world deployment. Nvidia views this as a critical step in advancing its industrial AI platform, Omniverse.
MetAI claims its technology significantly reduces the time needed to build virtual simulations, making AI-driven automation more efficient. With plans to expand into the US, the company is eyeing markets with high operational costs and a growing need for digital solutions. MetAI’s collaboration with Nvidia is expected to set new standards for industries such as manufacturing and robotics.
TikTok has reassured its 7,000 US employees that their jobs, pay, and benefits will remain secure even if the Supreme Court upholds a law requiring the sale or ban of the platform in the United States. In an internal memo seen by Reuters, the company emphasised its commitment to employee wellbeing and maintaining operations, despite the looming January 19 deadline for the law to take effect.
The law, passed in April, targets the US operations of TikTok, owned by China-based ByteDance, amid concerns over data security and national security. Although President-elect Donald Trump has called for an extension to seek a ‘political resolution,’ the Supreme Court appears inclined to uphold the legislation. If the court does not intervene, TikTok downloads from app stores will be banned, and the app’s functionality could degrade over time as companies are prohibited from supporting its services.
TikTok’s leadership stated that the law impacts only the US user experience, not the employment of its staff, and reaffirmed its dedication to protecting employees and the platform’s 170 million American users. ‘Our leadership team remains laser-focused on planning for various scenarios and navigating the path forward,’ the memo said.
For now, TikTok’s offices will remain open, and the company continues to explore strategies to adapt to the evolving situation while ensuring continuity for its employees and users.
The US Securities and Exchange Commission (SEC) has filed a lawsuit against Elon Musk, accusing him of delaying the disclosure of his 2022 Twitter stake, which violated federal securities laws. According to the complaint, Musk waited 11 days beyond the required 10-day window to reveal his 5% ownership of Twitter, enabling him to purchase over $500 million worth of shares at lower prices before disclosing his 9.2% stake on April 4, 2022. Twitter’s stock price surged by more than 27% following the announcement.
The SEC seeks civil penalties and a repayment of profits it claims Musk gained unfairly. Musk’s attorney, Alex Spiro, dismissed the lawsuit as a ‘sham,’ arguing it stems from a minor administrative oversight. Musk has previously clashed with the SEC, including a 2018 settlement over misleading tweets about taking Tesla private, which resulted in a $20 million fine and other conditions.
This lawsuit is the latest in a series of legal challenges Musk faces over his $44 billion purchase of Twitter, now rebranded as X. Musk, who is worth $417 billion, according to Forbes, has also been sued by former Twitter shareholders in Manhattan federal court for the delayed disclosure, which they claim caused them financial harm. The SEC’s action comes just days before Chair Gary Gensler’s scheduled departure, marking another chapter in Musk’s contentious history with the regulatory body.
A massive data breach has hit Gravy Analytics, a major US location data broker, compromising precise smartphone location data and internal company information. Hackers claim to have gained access to the company’s systems since 2018, exposing sensitive coordinates that track individuals’ movements. The stolen data includes customer details from prominent firms like Uber, Apple, and government contractors.
Gravy Analytics, through its subsidiary Venntel, has previously sold large amounts of location data to US government agencies. The breach highlights significant security lapses, with the stolen data now at risk of being sold on the dark web. The precise latitude and longitude records could put individuals, especially those in vulnerable positions, in danger.
The incident has sparked fresh scrutiny over data brokers, who often collect and sell sensitive information with little transparency. In December, the FTC moved to restrict Gravy Analytics from selling location data except in cases of national security or law enforcement. Critics argue that these companies prioritise profits over privacy and have called for stricter regulations to hold them accountable.
TikTok plans to disable its app for all US users on Sunday if the Supreme Court does not block a federal ban, according to a report by The Information. This action would go beyond the law’s requirement, which mandates a ban only on new downloads from Apple and Google app stores while allowing existing users to continue using the app temporarily.
Under TikTok’s plan, users attempting to access the app will be redirected to a website explaining the ban. The company also intends to allow users to download their data for future use. TikTok and its parent company ByteDance have yet to comment on these developments.
The ban stems from a law signed by President Joe Biden in April 2024, requiring ByteDance to sell its US assets by January 19, 2025, or face a nationwide ban. TikTok has challenged the law, arguing that it violates First Amendment protections. In a recent court filing, the company warned that a month-long ban could result in one-third of its 170 million US users leaving the platform permanently.
This potential shutdown reflects the escalating tensions surrounding TikTok’s operations in the United States, as debates over data security and free speech continue.
A Russian court has imposed an 8 billion rouble ($78 million) fine on Google for failing to comply with previous penalties related to administrative offences, according to the Moscow courts’ press service. The fine marks a sharp increase from the usual smaller penalties issued to foreign tech companies operating in Russia.
Russia has repeatedly demanded that foreign platforms, including YouTube, remove content it deems illegal. Critics argue that the government’s pressure on YouTube, once a major platform in Russia, is aimed at limiting access to dissenting voices. YouTube’s daily users in Russia have plummeted from 50 million to 12 million amid growing restrictions and alleged speed disruptions.
The Kremlin denies any deliberate interference with YouTube, instead blaming Google for failing to upgrade its infrastructure in the country, a claim the tech giant disputes. Meanwhile, President Vladimir Putin has accused Google of acting as a tool for US political influence, further straining relations.
A biotech startup Bioptimus has raised $41 million to develop an advanced AI model aimed at simulating biological processes. Dubbed the ‘GPT for biology,’ this technology seeks to predict disease outcomes and accelerate the discovery of new treatments by learning from vast datasets that span everything from molecules to entire organisms.
The funding round, led by US venture firm Cathay Innovation, highlights a growing global interest in AI-driven healthcare. The French company’s CEO, Jean-Philippe Vert, explained that Bioptimus uses a model akin to those powering chatbots like ChatGPT, but instead of generating text, it simulates complex biological interactions. The goal is to help researchers better understand disease mechanisms and improve treatments in sectors ranging from medicine to cosmetics.
Founded less than a year ago, Bioptimus has already launched H-Optimus-0, an open-source model that aids in diagnosing diseases such as cancer. With the latest funding, the company plans to expand its platform by integrating a broader range of data and forming new partnerships with biotech and pharmaceutical firms to drive innovation in healthcare.
France has become a hotbed for AI startups, with companies like Mistral AI and Hugging Face raising massive funds. Bioptimus’s rapid rise highlights how specialised AI models are transforming industries beyond traditional tech sectors.
Nvidia faces significant revenue pressure following new US restrictions on artificial intelligence chip exports. The regulations, aimed at limiting the distribution of advanced processors to most countries outside close US allies, are intended to prevent China from accessing technology that could strengthen its military capabilities. Analysts warn these curbs could hinder Nvidia’s growth, as nearly half of its chip sales could be affected.
A substantial portion of Nvidia’s revenue comes from global markets, with 56% of sales outside the US and China accounting for around 17%. The company’s stock dropped by 2% following the announcement. Nvidia Vice President of Government Affairs Ned Finkle argued the restrictions could stifle global innovation and weaken US leadership in AI development by imposing bureaucratic control over chip design and marketing.
Industry experts believe major cloud providers such as Microsoft, Google, and Amazon could benefit from the new rules. These firms may receive exemptions for data centre development, allowing them to expand market share as AI leaders. Their financial strength and advanced infrastructure make them well-positioned to thrive under the revised framework.
Uncertainty remains over the long-term impact of the export curbs, with the rules set to take effect in 120 days. Some analysts suggest the incoming Trump administration might revise the policy, potentially negotiating new deals with individual firms and countries while maintaining a focus on national security.
With the potential TikTok ban in the US drawing near, thousands of users are migrating to the Chinese app RedNote, making it the most downloaded app on Apple’s US App Store. Dubbed ‘TikTok refugees,’ these users are rapidly building new communities on the platform, which combines features of TikTok and Instagram to share lifestyle content.
RedNote, known as Xiaohongshu in China, has around 300 million monthly users and is popular among young urban women for sharing tips on fashion, travel, and more. The app has welcomed its new users from the US with open arms, with thousands of posts guiding them on navigating the platform and even learning basic Mandarin phrases.
While TikTok continues to resist demands to sell its US operations, RedNote has seen a surge of interest from users looking to preserve their online presence. Many users, like school canteen worker Sarah Fotheringham and fashion designer Marcus Robinson, say the platform is giving them fresh opportunities to connect and grow their followings.
Despite security concerns surrounding Chinese apps, RedNote’s growing popularity shows that TikTok’s future may face challenges even without a formal ban. Some users report spending more time on RedNote than on TikTok and plan to continue building their presence there regardless of the outcome.
The US government has officially labelled the extreme right-wing ‘Terrorgram’ network as a terrorist organisation, citing its promotion of violent white supremacist attacks. The group operates mainly on the Telegram platform and has been linked to attacks across the globe, including shootings and planned assaults on critical infrastructure.
The move, announced by the State Department, includes sanctions against three of the network’s leaders based in Brazil, Croatia, and South Africa. The designation freezes any US-based assets belonging to the group and bans Americans from engaging with its members. Officials say the collective has provided detailed guidance for attacks on minorities and government officials, calling for a race war.
US authorities have been ramping up efforts to combat domestic extremism under President Biden, who launched the country’s first national strategy on countering domestic terrorism in 2021. Britain has already taken similar steps, outlawing the Terrorgram collective in April last year.
This crackdown follows criminal charges brought against two alleged leaders of the group, accused of using Telegram to incite violence against Black, Jewish, LGBTQ, and immigrant communities. Authorities stress that dismantling such online hate groups is essential to prevent further extremist attacks.
