US, China gear up for mid-September AI safety talks

The ​talks, the first official bilateral discussions devoted exclusively to AI between the US and China ​since US President Donald Trump took office for a second time, will be led by US Treasury Secretary Scott Bessent on the US side, the sources, who were briefed ​on the planning, said on condition of anonymity.

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Smart ring maker Oura reveals revenue surge in US IPO filing

The IPO market is ‌expected to ⁠pick up ⁠steam after a summer lull. Analysts expect issuers to target the ​post-Labor Day window to get ahead of any uncertainty around November's midterm elections. Oura, ​whose journey began more than a decade ago in Oulu, Finland, makes a smart ring that tracks key ​health indicators such as heart rate, sleep ⁠stages and ‌physical activity.

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Data at law firms Quinn Emanuel, McDermott exposed in cyber breaches

It was not clear who was responsible for the two breaches or whether they were related. Large law firms' extensive holdings of confidential business and personal data have made them attractive targets for cybercriminals.

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Sugar’s valuation slump; Slice takes a hit

Happy Friday! A91 Partners is backing Sugar Cosmetics in a round that will see the beauty brand’s valuation fall sharply. This and more in today’s ETtech Morning Dispatch.

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Uber layoffs impact India; RMG ban, a year on

Happy Thursday! Uber is cutting jobs in India as part of a sweeping global restructuring. This and more in today’s ETtech Morning Dispatch.

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Adobe acquires PeakXV-backed AI startup Rilo to expand marketing automation

Rilo cofounder Dhruv Jaglan announced the acquisition in a LinkedIn post, saying the startup would join Adobe to “help bring AI to Fortune 500 marketers”. Financial details of the transaction were not disclosed.

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Google defeats US bid to force ad tech sale

While the ad exchange is a ​small part of Google's business, the ruling is the second powerful symbolic victory against the U.S. Department of Justice in its efforts to force Google to sell assets to address illegal monopolies.

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Anthropic launches AI agent blueprints for retailers ahead of holiday shopping season

AI-driven retail site visits now convert at a 60% ​higher rate than traffic ⁠from other ‌sources, Adobe Analytics said ​last month.

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Restaurants step up food safety; UpGrad seals Unacademy deal

Happy Wednesday! India’s food safety crackdown is forcing restaurants to clean up their kitchens and supply chains. This and more in today’s ETech Morning Dispatch.

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Eutelsat OneWeb seeks urgent security approval for LEO constellation to launch commercial satcom services in India

Eutelsat OneWeb urgently seeks government security approval for its satellite constellation. The company faces significant delays in launching commercial services in India. This delay impacts its ability to monetize substantial prior investments. Starlink and Jio Satellite also await similar security clearances from authorities. OneWeb's early mover advantage is diminishing due to these prolonged approvals.

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Tech layoff continues; ITC Infotech-Happiest Minds to merge

Happy Tuesday! Tech giants Oracle and Microsoft are planning to restructure their India workforces. This and more in today’s ETtech Morning Dispatch.

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