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Tech Across the Globe

Apple’s Siri timeline: Apple has set an internal release target of spring 2026 for its delayed upgrade of Siri, marking a key step in its artificial intelligence turnaround effort.

G42 heads to Europe: Abu Dhabi’s main AI company, G42, is launching a European unit headquartered in London — a sign of its larger ambitions on the continent. 

Antitrust review for Google: The Alphabet Inc. company’s planned $32 billion acquisition of cybersecurity firm Wiz Inc. is under review from antitrust enforcers at the US Justice Department. Lawyers are investigating whether the deal would illegally restrain competition in the market.

Revalued

Accel, one of Silicon Valley’s oldest venture firms, expects to gain $2.5 billion from its investment in Scale AI after Meta Platforms Inc. took a 49% stake that values the startup at $29 billion. Scale, founded in 2016, has a high-wattage list of investors, including Index Ventures and Tiger Global Management, according to people familiar with the matter. One of the earliest backers, Paige Craig, a managing partner at Outlander VC, invested in Scale at a $3 million valuation and stands to make very high returns.

Must Read

Manufacturing jobs in the US are going wanting and some tech executives think they have the answer — humanoid robots, Ed Ludlow reports in today’s Tech In Depth. Companies including Tesla and Agility Robots are testing those robots on the assembly line and in warehouses, he writes, and some see the effort as vital for the future of manufacturing.

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This Week in Soundbite 

In the 2010s, streaming services provided music businesses a life raft as listeners began legally paying for music again like they had during the reign of all prior distribution models, Ashley Carman reports in this week’s Soundbite. But that relationship has frayed and the tense feelings were on a display at a series of industry meetings this week, she writes.

Sign up for the Soundbite newsletter to get exclusive reporting on podcasting, the music industry and audio trends from Ashley Carman.

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