The largest education data breach in history was not an attack on a school. It was an attack on a vendor. On 30 April, hackers exploited a vulnerability in the systems of Instructure, the company that makes Canvas, the learning management system u…
Lees meerSilicon Valley has spent more than 25 million dollars trying to make one of its own the next governor of California. The candidate is polling at four per cent. The June 2 primary is less than four weeks away. And the most instructive thing about the…
Lees meerThe future of automotive retail may depend less on isolated AI tools and more on orchestration systems that connect every part of the buyer journey. BadCo.AI views the future of car buying as a rapidly evolving ecosystem shaped by connected technolo…
Lees meerThe two conglomerates are funding separate R&D centres focused on next-generation battery chemistries and advanced EV systems. The investment is a hedge: both groups currently buy critical battery components from Chinese suppliers and want options w…
Lees meerThe London company building silicon-CMOS spin qubits has been one of the cleaner technical credentials in European quantum hardware. The choice of investee for the EU’s first major late-stage venture commitment, announced post-Brexit, is itself the …
Lees meerAfter two failed trilogues, Parliament and Council finally landed a compromise that pushes the high-risk compliance deadline to December 2027, lightens paperwork for smaller firms, and writes a long-promised ban on non-consensual intimate imagery in…
Lees meerGIC and BlackRock-managed funds anchor a fresh round that more than doubles the company’s 2023 valuation. The round is timed to the planned orbital launch of Vikram-1 from Sriharikota, the first private Indian rocket to attempt the milestone. Skyroo…
Lees meerMeituan Dragon Ball is leading a $2bn round in the Beijing-based maker of the Kimi chatbot, with China Mobile and CITIC Private Equity Funds participating. The valuation is roughly seven times the figure Moonshot carried sixteen months ago. Moonshot…
Lees meerThe agreement was signed with the Pentagon’s Chief Digital and Artificial Intelligence Office, the procurement vehicle driving the bulk of US military AI integration spending in 2025 and 2026. Microsoft, Amazon, and Google signed parallel classified…
Lees meerThe Y Combinator-backed AI-native insurance carrier closed its Series A in January at a $630m valuation. The Series B doubles that figure and funds expansion beyond startup insurance into trucking, where the company says quoting and risk modelling c…
Lees meerThe Voi co-founder, Adam Jafer, is the chief executive. Lakestar joined a16z on the round, with strategic angels from OpenAI, Anthropic, Google, Deel, and Revolut. Early customers, including Voi, Tre, Stena Recycling, and Kry, are reporting deployme…
Lees meerIRIS led the Paris- and London-based startup’s round, with BGV joining alongside existing investors Serena and Partech. The company’s Infrahub platform is in production at TikTok and at one European cloud provider that says it has cut deployment tim…
Lees meerGoogle has a publisher problem. AI Overviews, the AI-generated summaries that now appear at the top of search results for a growing share of queries, have been correlated with a 58 per cent reduction in click-through rates to the websites whose cont…
Lees meerThe battery that made Nyobolt a unicorn does not power a car. It powers a warehouse robot. The Cambridge-based startup announced on Tuesday that it has closed a 60 million dollar Series C round at a one billion dollar valuation, led by Symbotic, the…
Lees meerIn April, Ukrainian President Volodymyr Zelensky announced that his forces had, for the first time in the history of warfare, seized an enemy position using only unmanned systems. No infantry. No human soldiers entering the contested ground. Drones …
Lees meerUber missed its revenue estimate on Tuesday. The stock jumped 10 per cent. The divergence between the number Wall Street expected and the number the market rewarded tells the story of a company that has crossed a threshold: Uber is no longer being p…
Lees meerThe building at 1001 Third Avenue South in downtown Minneapolis used to be an office. Now it is a data centre, and its anchor tenant is not a Silicon Valley hyperscaler but Core42, the cloud and AI infrastructure subsidiary of Abu Dhabi’s G42 Group.…
Lees meerOpenAI built a ten billion dollar consulting company. Anthropic built a 1.5 billion dollar consulting company. Google is writing a licensing agreement. The difference in approach may determine which AI lab captures the largest new enterprise distrib…
Lees meerJustice Elena Kagan denied Apple’s emergency stay application on Wednesday on behalf of the court, declining to refer the request to the full bench. Apple now returns to Judge Yvonne Gonzalez Rogers in Oakland to argue over what commission, if any, …
Lees meerThe Terafab project sits alongside the existing Bastrop packaging operation. Combined, the two facilities could anchor a $119bn Texas chipmaking footprint. SpaceX has not yet disclosed the process technology Terafab will run, or the construction tim…
Lees meerThe Beacon Point lease, anchored by an unnamed investment-grade tenant, lifts Hut 8’s contracted AI capacity to 597 MW and $16.8bn in base-term value. The Bitcoin-miner-to-AI-landlord pivot is now substantially complete. There is a particular kind o…
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