(Reuters) - Magic, a U.S. startup developing artificial-intelligence models to write software, is in talks to raise over $200 million in a funding round valuing it at $1.5 billion, just several months after its last capital raise, three sources told Reuters.
SHAH ALAM: Police have crippled a luxury car theft syndicate known as Geng K-Boys with the arrest of seven individuals, including two women, in a series of raids conducted in Kuala Lumpur, Johor Baru and Perak from June 27 to 30.
He said the police received a report on June 24 from a 42-year-old man claiming that his employer’s rented house in Taman Ehsan, Kepong, had been broken into, and three cars – an Audi R8, a Porsche 718 Cayman and a Suzuki Swift – were stolen. Subsequently, police conducted a series of raids in Kuala Lumpur, Johor Baru and Perak, resulting in the arrest of all the suspects, including the 38-year-old mastermind with a record for drug and criminal offences.
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