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Tech Across the Globe

Meta poaches from Apple: Meta continued its hiring spree for CEO Mark Zuckerberg’s new superintelligence lab by recruiting Ruoming Pang, Apple’s top executive in charge of AI models.

Huawei’s AI lab: Noah’s Ark, Huawei’s secretive research lab, has denied accusations that it relied on rivals’ models to develop its Pangu platform, saying that it respects intellectual property and adheres to open source licensing terms.

Stc Group backs Saudi fintech: Tali Ventures, the venture capital arm of Stc Group, has taken a minority stake in Tarmeez Capital, a Saudi debt investment platform. The move is part of Stc Group's push to diversify its businesses, following the launch of digital lender STC Bank earlier this year.

Revalued

The French consulting company Capgemini has agreed to buy IT outsourcing firm WNS for $3.3 billion in cash in a push to expand its presence in artificial intelligence. The French group said it will take over the US-listed firm for $76.50 per share, a premium of about 28% to WNS’ average price over the past 90 days.

Must Read

Formula E, the younger cousin of Formula 1, was once thought to represent the future of motorsport. But its credentials as a more sustainable and environmentally means to get high-speed thrills have faded in import as companies and countries no longer consider those priority matters. Luz Ding looks into how things are going, just as a Brad Pitt Formula 1 flick dominates cinemas.

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This Week in Game On

ZeniMax Online Studios designers felt great last March after their next big game — code name Blackbird — received an enthusiastic reception when they demonstrated it for Microsoft executives, Jason Schreier reports in Game On. So employees at the studio were stunned last week when they learned Blackbird was canceled and jobs were being cut as part of Microsoft companywide layoffs, he reports.

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