• Perplexity AI announced a Series D funding round of $500 million at an $8.5 billion post-money valuation on April 19, led by prominent venture capital firms and strategic investors including Nvidia and Saudi PIF.
• The funding will support expansion of Perplexity's AI search engine capabilities, development of enterprise API offerings, and geographic expansion into European and Asian markets with localized language models.
• The round positions Perplexity as a serious challenger to Google Search and reflects growing investor confidence in AI-powered search alternatives and conversational information retrieval platforms.
• Anthropic released Claude API with native fine-tuning capabilities on April 19, allowing enterprises to customize the model on proprietary datasets without requiring base model retraining.
• The fine-tuning service supports context windows up to 200,000 tokens and is priced at $8 per million input tokens and $24 per million output tokens, competitive with OpenAI's pricing structure.
• This release directly challenges OpenAI's GPT-5 announcement and positions Anthropic as an alternative for organizations seeking customizable AI solutions with enhanced safety guardrails.
The 82-year-old was accused of abusing girls in the 1960s but was acquitted in Perth despite judge finding the alleged victim was telling the truthGet our breaking news email, free app or daily news podcastThe former champion footballer Barry Cable has been acquitted of a slew of historical child sexual abuse charges despite a judge finding the alleged victim was likely telling the truth.The 82-year-old faced a judge-only criminal trial over allegations he abused a girl aged about eight or nine at his family home in the late 1960s. Continue reading...
• OpenAI unveiled GPT-5 on April 19, featuring advanced multimodal reasoning that processes text, images, and audio simultaneously with a 40% performance improvement over GPT-4, according to the company's research blog.
• The model demonstrates enhanced chain-of-thought reasoning and can solve complex multi-step problems across domains including mathematics, coding, and scientific analysis with significantly higher accuracy rates.
• Industry analysts project GPT-5 will accelerate enterprise AI adoption and intensify competition with Anthropic's Claude and Google's Gemini in the large language model market.
• SpaceX's Starlink division announced commercial availability of direct-to-cell satellite service to US carriers including T-Mobile, Verizon, and AT&T beginning May 1, 2026, expanding beyond its existing emergency SOS functionality.
• The service enables SMS and data connectivity in rural and remote areas where terrestrial networks are unavailable, with initial pricing set at $5 per month for basic coverage and $15 monthly for premium data tiers.
• Industry observers note this development challenges traditional carrier infrastructure investments and could accelerate satellite communications adoption, though regulatory approval from the FCC is still pending final confirmation.
• Microsoft announced the acquisition of Cerberus AI, a Boston-based cybersecurity startup, for $2.1 billion on April 19 to enhance real-time threat detection across Azure cloud infrastructure.
• Cerberus AI's proprietary machine learning platform identified over 50,000 zero-day vulnerabilities in the past year and will integrate with Microsoft Defender to provide unified threat management across enterprise environments.
• The acquisition marks Microsoft's continued investment in AI-driven security as cloud-based attacks have increased 35% year-over-year, according to recent industry reports.
• Databricks announced a Series H funding round of $10 billion at a $43 billion valuation on April 18, led by existing investors including Andreessen Horowitz and Sequoia Capital, to accelerate development of its AI and data platform.
• The funding will support expansion of Databricks' lakehouse architecture, which integrates data warehousing and data lakes, and fund aggressive hiring in engineering and sales across North America.
• The round positions Databricks as one of the fastest-growing enterprise software companies and signals strong investor confidence in the competitive data infrastructure market dominated by Snowflake and others.
Owner of X summoned along with former CEO Linda Yaccarino over investigation by cybercrime unitBusiness live – latest updatesEurope live – latest updatesElon Musk has been summoned to Paris, where investigators are looking into allegations of misconduct related to the social media platform X, including the spread of child sexual abuse material and deepfake content.The world’s richest man and Linda Yaccarino – the former chief executive of X – were on Monday summoned for “voluntary interviews”, while other employees of the platform were scheduled to be heard as witnesses throughout this week, the Paris prosecutor’s office said. Continue reading...
Seville could see 34C this week and parts of Brazil could hit high 30s, while storms forecast in southern AfricaOver the course of this week, temperatures in Spain are expected to soar well above the seasonal average. Daytime temperatures could reach about 30C in Madrid on Tuesday, 10C above the norm, while Seville may see 34C, about 9C above its late April average. An area of low pressure situated out in the Atlantic will allow for a south-westerly flow, introducing warm air from north Africa. In addition to this heat, a notable dust plume is expected to travel northwards from the Sahara, covering the skies above Iberia and south-western France, which may lead to some particularly orange or red skies at sunrise and sunset.In Brazil, high temperatures are forecast for the states of São Paulo, Paraná, Mato Grosso do Sul and Santa Catarina over the next few days, eventually spreading into Minas Gerais. Here, daytime maximum temperatures are expected to reach the high 30s Celsius later in the week, about 5-10C above the seasonal average. Continue reading...
Greens criticise premier’s ‘extraordinary attack’ on judiciary and urge him to accept he ‘got it wrong’Get our breaking news email, free app or daily news podcastThe New South Wales premier has doubled down on an anti-protest law struck down in the state’s highest court last week, defending the legislation introduced by his government as “rational and proportionate”.But advocates for protesters charged at demonstrations restricted under the laws have criticised Chris Minns’ comments, calling them a “extraordinary attack” on the judiciary. Continue reading...
Activists say clamp down on period products to target insurgents is gender-based violence and violates rightsMyanmar’s military regime is expanding its ban on the distribution of period products, claiming they are being used to treat wounded resistance fighters, according to local activists.The south-east Asian country has been locked in civil war since 2021, when the military usurped the democratic government and launched a violent crackdown on dissidents. Artillery fire, the burning of townships and arbitrary arrests have become common in the years since then. Continue reading...
People in affected areas urged to evacuate as quake registering 7.5 magniture occurred off the coast of SanrikuThe strength of the earthquake has been revised up to 7.5 and the biggest waves due to the tsunami are expected in Iwate, Aomori and Hokkaido prefectures, authorities said.Reuters reported that prime minister Sanae Takaichi said the government had set up an emergency task force and urged citizens in the affected areas to evacuate to safety. Continue reading...
• Global financial markets experienced significant volatility during April 12-18, 2026, driven by geopolitical tensions impacting commodity prices.
• Oil prices surged higher amid international tensions, affecting energy stocks and broader market sentiment across equities and bonds.
• India's retail investor base continues reshaping capital markets, contributing to shifts in the financial landscape alongside global macroeconomic pressures.
• ICICI Bank reported Q4 FY26 net profit of ₹12,949 Cr, surpassing street estimates and bringing annual profit to ₹50,000 Cr milestone.
• The bank declared a ₹12 dividend per share, signaling confidence in its financial performance and shareholder returns.
• Strong Q4 results reflect robust performance in India's banking sector amid evolving market conditions.
• Netflix reported earnings that missed analyst estimates, yet broader market indices maintained record highs as investor focus remained on Iran ceasefire developments and energy market normalization.
• The streaming giant's earnings disappointment was overshadowed by positive sentiment around geopolitical deescalation and reduced energy price pressures benefiting the wider market.
• Market participants are weighing mixed corporate earnings results against macro-level improvements in global risk sentiment and supply chain stability.
• Stocks surged following the reopening of the Strait of Hormuz amid a 10-day Israel-Lebanon ceasefire and President Donald Trump's blockade measures, signaling reduced energy supply constraints.
• The market reaction reflects investor optimism over improved shipping lanes and normalized energy flows, with financial commentators attributing the gains to Trump's diplomatic efforts.
• The reopening of this critical global shipping chokepoint addresses a major source of market volatility tied to Middle East tensions.
• S&P 500 futures rose 0.2% and the benchmark notched back-to-back record highs as growing speculation that a deal to end the US-Iran war is nearing prompts traders to take on more risk.
• The index is on course for a third week of gains exceeding 3%, with the S&P up nearly 8% month to date, marking a stunning reversal following mounting signs of US-Iran deescalation.
• The market rally reflects relief over potential resolution of the conflict that has roiled energy markets, with traders increasingly positioning for a ceasefire outcome.
• Oil prices dropped significantly, providing tailwinds for technology companies as lower energy costs reduce operational expenses and improve profit margins across the sector.
• Constellation Research founder R 'Ray' Wang discussed the direct relationship between Big Tech performance and oil and gas pricing, highlighting how the energy market collapse supports tech stock rebounds.
• The decline in energy costs removes a key headwind for capital-intensive tech operations and data centers, contributing to the broader market rally.