The Ambanis, Asia’s richest family, have bought a stake in Oval Invincibles, the first Hundred franchise to be sold.

Distilled R1 models can now run locally on Copilot Plus PCs, starting with Qualcomm Snapdragon X first and Intel chips later.

Both Meta and Microsoft committed to huge investments in artificial intelligence, despite new Chinese software outperforming American rivals at a lower cost.