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Amazon, which started off selling books, is destroying rare texts to train AI
NewsAugust 17, 20261 min read

Amazon, which started off selling books, is destroying rare texts to train AI

Amazon is buying tons of rare books, cutting off their spines, and scanning them for AI training, according to 404 Media, which placed a tracking device in a rare book…

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Cambodia premiums rise 3% as life claims jump in March
NewsAugust 17, 20261 min read

Cambodia premiums rise 3% as life claims jump in March

Gross cover reached $8b whilst general lines carried most insured value. Cambodia’s total gross insurance premiums increased by 3% to $32.02m in March 2026, up from $30.94m in March 2025.…

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Groq raises $350M to fuel its pivot from AI chips to neocloud
NewsAugust 17, 20263 min read

Groq raises $350M to fuel its pivot from AI chips to neocloud

Startup Groq has raised $350 million as it continues to pivot from an AI chipmaker to a neocloud company that provides powerful GPUs and AI infrastructure services.  The new capital,…

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China Life outpaces rivals with 17% inflow rise
NewsAugust 17, 20262 min read

China Life outpaces rivals with 17% inflow rise

Its Southbound inflows were highest growth amongst Chinese life insurers. China Life Insurance is experiencing a significant rebound in investment from mainland buyers, separating itself from industry competitors.  According to…

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WordPress.com targets the next generation of web creators with a free student plan
NewsAugust 17, 20262 min read

WordPress.com targets the next generation of web creators with a free student plan

WordPress.com maker Automattic is expanding into education with a new, free product designed for teachers and their classes called WordPress.com Education. The suite for classrooms includes a full WordPress.com domain…

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Terra Industries closes $52M seed round to build defense infrastructure for the Global South
NewsAugust 17, 20262 min read

Terra Industries closes $52M seed round to build defense infrastructure for the Global South

African defense tech company Terra Industries on Monday announced an additional $18 million in funding, bringing its seed round to $52 million. Investors in the round include Joe Lonsdale’s 8VC,…

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Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project
NewsAugust 17, 20262 min read

Nvidia investing $1.5B in SoftBank data center developer behind OpenAI project

Nvidia said on Monday that it will invest $1.5 billion in SB Energy, a data center linked to SoftBank and OpenAI. The investment ensures that Nvidia will be the sole…

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Taiwan life insurers sell 363,831 spillover contracts in Q1 2026
NewsAugust 17, 20261 min read

Taiwan life insurers sell 363,831 spillover contracts in Q1 2026

First-year income from these products reached NT$24.32b. Taiwan’s life insurers sold 363,831 new spillover-effect insurance contracts in the first quarter of 2026, up 44% from 253,136 in the same period…

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Crypto hardware wallet owners face fresh security risks after recent spate of personal data thefts
NewsAugust 17, 20263 min read

Crypto hardware wallet owners face fresh security risks after recent spate of personal data thefts

Data breaches at two shipping companies has put cryptocurrency owners with physical hardware wallets at greater risk of having their funds stolen, highlighting weaknesses in the broader tech ecosystem relied…

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Wispr raises $280M at $2B valuation as it looks beyond dictation
NewsAugust 17, 20262 min read

Wispr raises $280M at $2B valuation as it looks beyond dictation

Wispr, a startup known for its AI dictation tool, raised $280 million in Series B funding, led by Menlo Ventures, at a $2 billion valuation, the company announced on Monday.…

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