Business & Technology
INDEXO board members invest €400,000 in company shares
Two supervisory board members of insurance company IPAS "Indexo" have bought newly issued shares in a private placement worth a combined €400,000. The shares carry a three-year resale restriction with compensation attached.
Dienas Bizness · 18 Sept, 10:46
Pakosta: New EU social media rules better match Estonia's wishes
Estonian Justice Minister Liisa Pakosta says the EU's new proposal on safe internet use places more responsibility on platforms and now aligns better with Estonia's position than the original draft.
ERR (rus) · 18 Sept, 09:50
Over 3,000 motorcyclists to gather in Jelgava for season-closing ride
On September 26, more than 3,000 motorcyclists will gather in Jelgava for a season-closing parade ride, held alongside the "Rocktagons 26" festival and the "Forest Comes to Jelgava 2026" event. Several streets and parking areas in the city will be closed for the occasion.
iAuto.lv · 18 Sept, 09:48
RSU Faculty of Social Sciences signs cooperation memorandum with LMT
The Faculty of Social Sciences at Riga Stradiņš University and mobile operator LMT have signed a memorandum on cooperation in innovation, technology and research. The agreement was signed during the faculty's Partnership Day event.
Dienas Bizness · 18 Sept, 09:47
Wood pellet prices rise again this autumn, but demand starts easing
As the heating season approaches, wood pellet prices in Latvia remain well above last year's levels, though industry representatives report demand is starting to stabilize with possible price drops later in autumn.
Latvijas Avīze · 18 Sept, 09:45
Wood pellet prices begin to fall, though slower than expected
Demand for wood pellets is easing in both export and domestic markets, and prices are gradually declining, though producers still struggle with raw material shortages. Latvian households should face no shortage this winter, as most have already stocked up.
BNN · 18 Sept, 08:49
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LATbio: Demand for wood pellets starts to decline
Didzis Palejs, chairman of the Latvian Biomass Association "LATbio," told the LETA news agency that demand for pellets is beginning to fall in both the export and domestic markets.
Apollo.lv · 18 Sept, 07:47
Winners announced in Latvia's Most Energy-Efficient Building 2026 contest
The 'Live Warmer' campaign has named the winners of the 'Most Energy-Efficient Building in Latvia 2026' contest across four categories, ranging from renovated apartment blocks to industrial facilities. In total 41 buildings were assessed, with over 3,200 people taking part in the public vote.
Dienas Bizness · 18 Sept, 07:44
UN partners with Google to make global data ready for AI systems
The UN has launched the UN System Data Commons with Google, making its global statistics accessible to AI tools through natural-language queries. The move follows research showing AI models often struggle to provide accurate or consistent data.
TechCrunch AI · 18 Sept, 06:51
Canada-EU partnership is a 'classic win-win situation', economist says
Fabian Zuleeg, Chief Economist at the European Policy Center, told FRANCE 24 that Canada and the European Union benefit from a mutually reinforcing economic relationship.
France 24 · 18 Sept, 06:50
FAA to deploy $875 million AI system to tackle air traffic controller shortage
The US Federal Aviation Administration plans to roll out an AI-powered software platform called SMART to help air traffic controllers manage workflows and flight routes amid an ongoing staffing shortage. The system will cost $875 million over 12 years.
TechCrunch · 18 Sept, 06:49
How to recover a debt when a company 'disappears' but keeps operating under a new name
Latvian commercial law provides that when a business's assets, staff and operations transfer to a new owner, its debts transfer along with it. Courts and tax authorities are increasingly applying this rule to stop debtors from dodging creditors by shutting down one company and reopening under a different name.
LV portāls · 18 Sept, 06:48
EU budget talks intensify over new taxes and spending cuts
Tensions are rising in negotiations over the EU's next long-term budget, with disputes over new taxes, staff cuts and how to fund Ukraine support. Ireland's Taoiseach warned that agreeing on new levies will be very complicated.
Politico Europe · 18 Sept, 06:47
Bank of Japan raises key interest rate to 1.25%, a 31-year high
The Bank of Japan has raised its benchmark interest rate from 1% to 1.25% as inflation continues to rise. The rate is now at its highest level in 31 years.
Al Jazeera · 18 Sept, 06:45
Experts: Europe is falling far behind in artificial intelligence
Industry experts warn that Europe lacks the infrastructure needed to develop its own artificial intelligence models, predicting a rapid buildup of new large data centers in the near future.
LSM · 18 Sept, 06:45
Global Stocks Rise, Oil Prices Fall
World stock markets climbed Thursday following the US Federal Reserve's interest rate hike, while oil prices declined but stayed above $100 per barrel.
Dienas Bizness · 18 Sept, 06:43
King Employees in Sweden Threaten Strike Over Stalled Contract Talks
Swedish unions representing Candy Crush developer King have filed a strike notice after years of unsuccessful bargaining, with a walkout set to begin September 25 unless mediation succeeds.
Engadget · 18 Sept, 05:51
AI leaders split over whether the safety debate is really about control
Following Anthropic CEO Dario Amodei's call to slow AI development, tech executives are divided over whether government oversight or industry self-regulation is the right path forward. Critics warn that safety rhetoric could be used to entrench dominant companies' market position.
TechCrunch AI · 18 Sept, 05:49
Nevada set to lift Zoox's 100-robotaxi cap this month
A Nevada regulatory limit capping Amazon-owned Zoox at 100 robotaxis is expiring September 25, freeing the company to grow its Las Vegas fleet as Waymo, Tesla and Uber ramp up competing services.
TechCrunch · 18 Sept, 05:47
Waymo names Singapore as its next international robotaxi city
Alphabet's Waymo plans to launch a fully autonomous ride-hailing service in Singapore by 2028, following years of mapping and safety-driver testing.
The Verge · 18 Sept, 05:45
FAA to spend $875 million on AI system to tackle air traffic control crisis
The US Federal Aviation Administration is rolling out an AI program called SMART to help air traffic controllers manage routes and avoid airspace conflicts, at a cost of $875 million over 12 years.
TechCrunch AI · 18 Sept, 04:45
Mercedes starts producing new electric GLA in Rastatt, priced from €48,599
Mercedes-Benz has begun series production of its fully electric GLA model at its plant in Rastatt, Germany, with a range of up to 657 km per charge. The car is already available to order in Germany starting at €48,599.
iAuto.lv · 18 Sept, 04:43
King Charles gathers AI leaders in Scotland as Nvidia's Huang calls for 'responsible optimism'
King Charles III convened around 60 leading AI figures at his Dumfries House estate in Scotland to discuss safety and international cooperation on artificial intelligence. Nvidia CEO Jensen Huang argued the industry itself, rather than sweeping new laws, should bear primary responsibility for safety.
Politico Europe · 18 Sept, 03:52
Latvia's economic outlook improves compared to Bulgaria
Latvia's economic prospects compared to Bulgaria have improved in recent months, according to the latest EU economic indicators, though the question of the countries' relative standing remains unresolved.
TVNET · 18 Sept, 03:48
Google DeepMind launches new institute to broaden AGI debate
Google DeepMind launched a new institute on Wednesday to gather differing views on artificial general intelligence development and safety. Its first essay collection addresses AI model transparency and the need for an international evaluation framework.
TechCrunch AI · 18 Sept, 03:47
Google relaunches CC as an AI agent for families and groups
Google has turned its experimental CC tool into an AI agent designed to help families and groups of up to six people manage shared calendars, tasks and daily logistics. The tool runs on its own Google account and asks for permission before taking action.
Engadget · 18 Sept, 03:47
Geothermal Startup Mazama Energy Raises $135M to Drill Deeper into Super-Hot Rock
Khosla-backed geothermal startup Mazama Energy has closed an oversubscribed $135 million Series B to develop horizontal wells drilled into super-hot rock. The company now says its first Oregon site could produce 10 gigawatts of electricity, up sharply from last year's estimate.
TechCrunch · 18 Sept, 03:46
Anthropic overhauls Claude Code's Projects to coordinate multiple cloud AI agents
Anthropic has relaunched the Projects feature in Claude Code, letting users run several AI agents together with shared memory and goals. The feature is rolling out in beta to select Pro and Max subscribers.
The Verge · 18 Sept, 02:51
UK watchdog demands credible plan for nationalised British Steel as costs balloon
Britain's public spending watchdog has warned of soaring costs in keeping nationalised British Steel afloat and is demanding the government produce a credible long-term plan for the company.
The Guardian World · 18 Sept, 02:46
External GPUs can boost laptop gaming, but bandwidth limits hold them back
External graphics processors let weaker laptops run demanding games, but Thunderbolt bandwidth restrictions and hardware costs limit their appeal. Razer and Framework revived interest in the category in 2025.
Engadget · 18 Sept, 02:45
Data center developer Crusoe raises $3.9B for new AI infrastructure
US company Crusoe has raised $3.9 billion in a Series F round, pushing its valuation to $30.9 billion. The funds will go toward large data centers and transportable modular AI units.
TechCrunch AI · 18 Sept, 02:45
Data center developer Crusoe raises $3.9 billion, valuation hits $30.9 billion
AI infrastructure company Crusoe has raised $3.9 billion in a Series F round, pushing its valuation to $30.9 billion, with funds going toward large data centers and portable modular AI units.
TechCrunch · 18 Sept, 02:44
King Charles gathers AI heavyweights in Scotland, warns of "existential risks"
Britain's King Charles III brought together leading artificial intelligence companies in Scotland, urging them to put safety measures in place before it's too late. The meeting comes amid growing industry debate over whether AI development is outpacing the ability to control its risks.
Jauns.lv · 18 Sept, 01:52
Anthropic reveals Claude 'leads' 26 percent of its internal AI research work
Anthropic has published new metrics showing how much of its own AI research and development is handled by its chatbot Claude, saying it "leads" 26 percent of that work as part of a broader proposal for measuring AI development pace industry-wide.
Engadget · 18 Sept, 01:45
PrismML compresses AI models to run on phones and PCs
Startup PrismML has released Bonsai 2 27B, a compressed language model that fits in just 5.9 GB while retaining nearly all the performance of its original. The company aims to let powerful AI run directly on personal devices instead of the cloud.
TechCrunch · 18 Sept, 01:43
AI Companies' 'Slowdown' Plea Runs Into Antitrust Trouble
Leading AI firms, including Anthropic and OpenAI, have called for a coordinated slowdown in AI development over safety fears, but such an agreement could clash with US antitrust law. Legal experts say the wording, not the intent, is the real risk.
Wired · 18 Sept, 00:53