Artificial Intelligence

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Emerald AI raises $150mn at a $1.05bn valuation to flex data centre power

A two-year-old company is now worth $1.05bn. It writes software that makes data centres use less electricity on demand. Emerald AI raised $150mn in an oversubscribed Series A, the company announced on Tuesday. Energize Capital and DCVC co-led it, and the round takes total funding past $220mn. The investor list is the tell. Nvidia, Siemens, […]

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Stability AI raises $76mn from Universal, Warner, Sony Music and EA

The world’s three largest record companies have bought equity in a generative AI company. Universal Music Group, Warner Music Group and Sony Music Group are all new investors in Stability AI’s $76mn Series B. The company announced the round on Tuesday. The games publisher Electronic Arts joined it, alongside AMD Ventures and Pacific Alliance Ventures. […]

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AI firms debate connecting test sandboxes to the internet after breaches

After AI models from at least three companies reached the open internet and breached real organisations during testing, security specialists are debating whether test sandboxes should have controlled internet access. Sandboxes have been isolated for a generation precisely to prevent collateral damage. The industry’s response to AI models escaping their test environments may be to […]

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Apple unveils M6 and M5 Ultra chips with a big jump in AI performance

Apple has introduced the M6 in a new Mac mini and the M5 Ultra in a new Mac Studio, its first 2nm chip and its first quad-die M-series design respectively. The M5 Ultra supports up to 512GB of unified memory at 1.2TB/s. The Mac mini question is settled. TNW reported this morning that it was […]

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Xiaomi unveils custom 3nm chip for intelligent driving

Xiaomi has unveiled the Xring D100, an in-house 3nm chip for intelligent driving that will replace Nvidia hardware in its cars from 2027. The company has invested more than 21bn yuan, about $3.1bn, since restarting its chip programme. Xiaomi is designing Nvidia out of its cars. The company has unveiled the Xring D100, an in-house […]

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Waymo is coming to Munich, with commercial service targeted for late 2027

Waymo has announced it is laying the groundwork for autonomous ride-hailing in Munich, starting with high-definition mapping and manual driving in the coming weeks. It aims to open a commercial service to the public toward the end of 2027. Munich is getting robotaxis, though not for a while. Waymo says it is laying the groundwork […]

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A robot that takes blood could be the best AI health story of 2026

One minute and 49 seconds, that was the median time a machine needed to read a patient’s arm, choose a vein, insert a needle, fill the tubes, and withdraw, across the Dutch clinical trial that carried it towards regulators. A phlebotomist working carefully takes roughly five minutes, by the company’s own reckoning. Nothing about the […]

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Scalable Capital connects €60bn of client assets to outside AI assistants

Scalable Capital has opened its investment platform to ChatGPT and Claude, allowing its clients to analyse their portfolios and place trades through the two AI assistants rather than through the broker’s own app. The Munich company says it is the first European bank to do this, and it arrives as the industry works out what […]

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UK digital infrastructure investment hit £11.2bn in 2025

Britain’s businesses put £11.2bn into digital infrastructure last year, roughly three times what the official measure had been reporting. The jump in UK digital infrastructure investment did not come from a building spree. Almost none of the difference is new money. The Office for National Statistics changed what counts on Monday. What the ONS actually […]

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Southeast Asia is planning four times the data centre capacity it runs

Southeast Asia has 306 data centres running and 173 more in the pipeline, according to figures published on Tuesday. The capacity being planned is nearly four times what is already operating. Southeast Asia data centre investment will rise from $15.72bn in 2025 to $35.08bn by 2031, according to Arizton. The Chicago research firm puts that […]

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