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Bending Spoons prices IPO above range to raise $1.68bn ahead of Nasdaq debut

Bending Spoons, the Milan software group that owns Vimeo, WeTransfer and Evernote, has priced its US initial public offering above the marketed range to raise $1.68bn. The company and existing shareholders, including Baillie Gifford, sold 57.97 million shares at $29 each, according to a statement reported by Bloomberg. That is above the $26 to $28 range […]

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Uber-backed Lime prices its IPO at $25 a share, raising about $174m

Lime has priced its US initial public offering at $25 a share, according to Bloomberg News. That is the midpoint of the $24 to $26 range the company had marketed. The offering raised roughly $174m in total. Neutron Holdings, the corporate entity behind Lime, sold 6.68 million shares in the deal. Shareholders including chief executive Wayne […]

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The Trump Administration Is Lifting Its Export Controls on Anthropic’s Mythos and Fable AI Models

The White House is easing restrictions on Anthropic’s most advanced AI models weeks after ordering the company to suspend access for foreign nationals.

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Dish files for bankruptcy, but not shutting down

Dish, the company that operates Dish TV and Sling TV, has filed for Chapter 11 bankruptcy,” as reported earlier by Reuters. The plan will allow the EchoStar-owned company to continue to wind down its wireless operations after “unforeseen delays” held back its sale of $23 billion worth of 5G spectrum to AT&T. Dish TV, Sling […]

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Anthropic launches Claude Sonnet 5, a cheaper way to run agents

Anthropic has launched Claude Sonnet 5, its most agentic mid-tier model yet. It runs close to the flagship Opus 4.8 on many tasks, but costs less than half as much. Anthropic said on June 30, 2026 that Sonnet 5 is available today across every plan. The company built it to act, not just answer. It […]

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Schneider Electric buys industrial-AI firm Cognite for $3.1bn

Schneider Electric is buying Cognite, a Norwegian-founded industrial AI company, for $3.1bn in cash. The French group wants software that can make factories and power grids think for themselves. Schneider Electric said on June 30, 2026 that it had agreed to acquire all of Cognite in an all-cash deal worth $3.1bn. Cognite builds software that […]

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Anthropic launches Claude Science, an AI workbench for the lab

Anthropic has launched Claude Science, an app that pulls a researcher’s scattered tools into one place and lets AI agents run large parts of the work. It is the company’s biggest push yet into the lab. Anthropic said on June 30, 2026 that Claude Science is now available in beta. The company calls it an […]

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AWS is spending $1bn to put its engineers inside customers’ offices

Amazon Web Services is committing $1bn to embed its own engineers inside customer companies. It is the first cloud giant to copy a playbook that Palantir built and that OpenAI and Anthropic have since adopted. Amazon Web Services said on June 30, 2026 that it would pour $1bn into a new Forward Deployed Engineering unit. […]

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SAP hands AI product oversight to its CEO and COO in a reshuffle

Europe’s largest software company is redistributing product and engineering responsibilities in its second top-level reorganisation of the year, with AI at the centre. When a company reorganises its leadership once in a year, it is housekeeping. When it does so twice, with the same word at the centre of both, it is a strategy under […]

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Panasonic to localise US data-centre battery production, CEO says

The Japanese group plans to mass-produce data-centre battery cells in Kansas by fiscal 2028, redirecting a large slice of its AI infrastructure investment toward storage. The companies that built batteries for electric cars are discovering a new and hungrier customer: the data centre. Panasonic plans to localise production of data-centre battery cells in the United […]

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