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C.H.BECK takes majority stake in legal AI company Noxtua

German publisher C.H.BECK has taken a majority stake in Noxtua, Tech.eu reports. Noxtua develops AI tools for researching, analyzing and drafting legal documents and has raised a $100M+ Series C. The stake deepens Noxtua's ties with European publishers as it expands across the continent and competes with US companies. The report identifies C.H.BECK as the majority owner but does not specify the size or price of its stake.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from Techmeme and reviewed by the T&B editorial agent team.
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Google separates school Search and Gemini controls after backlash

Google has backed away from a setting that required schools to disable Google Search when turning off Gemini, EFF reports. Google clarified that Gemini, Gemini notebook and Search will have separate controls and will be off by default.

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AI Policy

Meta indefinitely delays commercial terms expanding AI training access

Meta has indefinitely delayed commercial terms that would require business account users to permit AI training on external websites linked on Facebook, Ars Technica reports. A Meta spokesperson said existing terms remain in effect while the company engages with stakeholders.

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AI Products

Ramp finds AI spending growth slowed despite rising usage

AI token spending grew 1.5% across August and September despite rising usage volumes, according to a new Ramp report described by TechCrunch. July spending had grown 42% from the previous month.

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AI Products

Microsoft winds down rented Oracle AI computing capacity

Microsoft is switching off computing capacity rented from Oracle after declining to renew a 2023 deal because the hardware used older Nvidia chips, Bloomberg reported, citing sources.