Startups
Crypto market maker Wintermute plans $1bn AI data center investment
The London-based firm aims to make non-crypto trading over half its business by 2027 as it expands into AI infrastructure.
Project Sirius developers face second round of layoffs
The Witcher multiplayer project undergoes staff reductions following previous cuts in 2023
Lovable raises $400 million at $13.3 billion valuation
The Stockholm-based company expands its investor base following a rapid increase in revenue and platform usage.
Riot Platforms signs $9.1 billion deal with Anthropic for computing capacity
The 20-year agreement covers 191 megawatts at the company's Texas campus
Sony and TSMC form joint venture for image sensor production in Japan
The partnership aims to develop next-generation sensors for smartphones, robots, and automobiles.
Viant Technology founders plan to relaunch MySpace brand
The brothers behind the brand aim for a comeback after previous failed attempts to rebuild the platform
Archer Aviation acquires Wisk Aero following legal dispute
The acquisition aims to accelerate capability development and time to market according to Boeing.
YouTube updates monetization rules to reward engagement
The platform stated new changes will support creator growth and diverse business models.
OpenAI ethics lead Chloé Bakalar departs, no replacement named
The only dedicated ethicist at the AI lab left in July 2024, and the company has not filled the role, saying ethical oversight now sits with multiple teams.
River AI raises $1.1 billion for personalized model tools
The startup, founded by xAI co-founder Igor Babuschkin, aims to help clients build custom AI agents on their own data.
Unitree plans IPO on Shanghai Stock Exchange
The Hangzhou-based company is planning an IPO on the Shanghai Stock Exchange amid high demand for AI and robotics shares in China.
Google Health and Abbott form strategic partnership
The collaboration will integrate continuous glucose insights to offer more holistic views of metabolic and women's health.
Rocket Lab establishes German subsidiary in Munich
The SpaceX rival sets up Rocket Lab Germany GmbH to expand into Europe.
DeepSeek seeks nearly $8 billion in new funding round
The AI startup is targeting a valuation of approximately $74 billion, Bloomberg News reports.
Japanese stablecoin issuer JPYC raises total of $38 million in Series B round
The funding extension aims to accelerate yen-pegged stablecoin adoption and expand Web3 ecosystem
NFT marketplace founder charged with securities and wire fraud
Prosecutors allege Taj Tarsha diverted over $10 million in investor funds for personal use.
Eliza Labs founder declares ELIZAOS token dead as foundation winds down
Shaw Walters settles class action lawsuit with remaining treasury funds, ending the token era to focus on software.
Ted Lasso to return for fourth season on Apple TV+
The new season focuses on the formation of the AFC Richmond women’s team.
Banks seek to offload $15 billion in Anthropic data center debt backed by Google
A potential bond sale aims to free up lending capacity amid rising AI financing demands.
Volta Infra valued at $2.4 billion announces $10 billion AI cloud contract
The startup entered a six-year agreement to provide computing capacity in Norway powered by Nvidia chips.
T-Mobile launches EIP Flex 36 financing plan with zero down payment
The new 36-month option bundles taxes and fees into monthly installments for qualifying customers.
Polymarket in talks for fundraising at $20 billion valuation
The prediction market platform seeks new capital following a $15 billion valuation in April.
Bending Spoons to acquire Airtable in $1.29 billion cash deal
The transaction marks the Italian technology company's first acquisition since its Nasdaq debut.
BTM startups attract $11 million in investment during first half of year
BTM expands global presence across London, Dubai, and Sarajevo.
Apple sues OpenAI over alleged trade secret theft
The lawsuit claims OpenAI poached former Apple employees to obtain confidential information about unannounced products.
Pokémon studio's new game Beast of Reincarnation earns mixed early reviews
Game Freak's action title draws comparisons to Nier, Monster Hunter, and Death Stranding as critics praise its ambition but note rough edges.
Palworld to expand to mobile with Palworld Online
Garena is developing a mobile version of the creature-collecting title for iOS and Android.
Matt Prusak to depart American Bitcoin for Giga Energy
The outgoing president and interim CFO will join the Houston-based power infrastructure developer.
Hughes Satellite Systems files for Chapter 11 bankruptcy protection
The EchoStar subsidiary faces significant debt as subscriber numbers and revenue decline.
AI chip startup OLIX raises $312 million in Series B funding
The semiconductor company reaches a $3.3 billion valuation following investment from Arm and Reed Hastings