Amazon is resolving claims that it incorrectly processed returns with a proposed settlement valued at over $1 billion, as reported earlier by Reuters and Bloomberg Law. The settlement includes $600 million in refunds, along with an additional $309.5 million in payments to affected customers. Initially filed in 2023, the class action lawsuit claims that while […]

Tim Bradshaw / Financial Times:
Abu Dhabi's top tech university MBZUAI launches K2 Think, a new model it says is capable of advanced reasoning, as part of the UAE's push into “sovereign” AI  —  University's K2 Think system ranks alongside best open models from US and China, say researchers

Madison McLauchlan / BetaKit:
Montreal-based Vention raised a $110M Series D to scale its physical AI platform into manufacturing plants worldwide, taking its total raised to ~$216M  —  Montréal-based Vention has secured a $110-million USD ($150-million CAD) Series D round to enhance and scale its physical AI platform into manufacturing plants worldwide.

Arc Raiders' latest patch added two new augments, and one will make your rare weapons safer to carry around in case of death.

Chris Welch / Bloomberg:
Samsung says the Galaxy Z TriFold costs $2,899, or $899 more than the Galaxy Z Fold 7, launching in the US on January 30 exclusively via its website and stores  —  Samsung Electronics Co. announced that its Galaxy Z TriFold, the first foldable phone of its kind to ship in the US, will sell for $2,899 and become available Jan. 30.