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Perplexity built an “air-traffic controller” that decides in real time whether your AI query runs on your PC or in the cloud

Perplexity AI has developed a platform that dynamically splits AI workloads between personal computers and cloud servers, deciding in real time which tasks can run locally on a PC’s processor and which need the power of data centre hardware. CEO Aravind Srinivas announced the system at Computex in Taipei on Tuesday, describing it as an “air-traffic […]

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A German startup raised $240 million to commercialise the only fusion experiment that has ever produced net energy

Focused Energy, a Germany-based fusion startup, has raised an oversubscribed $240 million Series A round to develop a commercial reactor based on the same approach that produced the world’s first controlled fusion reaction with net energy gain. The round, led by German utility RWE, brings the company’s total private capital to $300 million. Focused Energy […]

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A North Dakota startup raised $10 million from ranchers and neighbours to build the operating system for beef cattle

701x, a Fargo-based agricultural technology company, has closed an oversubscribed Series B round exceeding $10 million, funded entirely by local investors from North Dakota and Minnesota and rancher-customers across the United States. No venture capital firm or institutional investor participated. The company has also hit its first profitable month and is preparing to launch in […]

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GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold.

GoPro warned on Monday that there is “substantial doubt about the company’s ability to continue as a going concern.” The action-camera maker reported a 26% revenue decline in Q1 and expects to breach several loan covenants. Shares fell as much as 14%. The cause is memory. GoPro said its earnings forecast has been “significantly impacted” […]

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GoPro warned it may not survive. The AI memory crunch is killing companies that make things people hold. Read More »

Former Meta CTO raises $250 million for climate tech as the rest of venture capital chases AI

Gigascale Capital, the venture firm led by former Meta chief technology officer Mike Schroepfer, has raised a $250 million fund to invest in energy, grid infrastructure, and critical minerals startups. The fund, announced on Monday, is Gigascale’s second and its first to include institutional investors. It arrives as most of the venture capital industry has pivoted […]

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Quantinuum boosts its IPO to $1.46 billion as orders hit double-digit multiples of available shares

Quantinuum, the Honeywell-backed quantum computing company, has increased the size of its initial public offering to as much as $1.46 billion after demand from investors far exceeded the original allocation. The company is now offering 26.5 million shares at $53 to $55 each, up from a previous range of approximately 21 million shares at $45 to $50. […]

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QTREX is betting on the layer beneath quantum computing

The quantum computing industry has spent the last three years measured almost entirely in qubits. Willow’s 105. Nighthawk’s 120. The 540-qubit superconducting platform that integrated nearly 700 control lines into a single cryostat last year. The qubit count is the headline number, and for good reason. But inside the labs trying to push superconducting systems past […]

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SoftBank is investing €75 billion to build 5 gigawatts of AI data centres in France. It’s Son’s biggest European bet.

SoftBank plans to invest as much as €75 billion ($87 billion) to build 5 gigawatts of AI data centre capacity in France. It is the Japanese conglomerate’s biggest AI infrastructure commitment in Europe. CEO Masayoshi Son and President Emmanuel Macron are expected to formally announce the deal at the Choose France Summit this weekend. The […]

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SoftBank is investing €75 billion to build 5 gigawatts of AI data centres in France. It’s Son’s biggest European bet. Read More »

Ex-DeepMind researchers raised $50M to build AI that figures out which scientific questions are worth asking

London-based AI lab Inherent emerged from stealth on Wednesday with a $50 million seed round co-led by Index Ventures and Radical Ventures. Nvidia’s venture arm NVentures also participated, alongside Ex/Ante, Metaplanet, Macroscopic Ventures, and Mythos Ventures. It is among Europe’s largest AI stealth-to-launch rounds in 2026. The founding team comes from DeepMind, Microsoft, and Reka […]

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HeartFocus Link adds AI cardiac imaging to any hospital ultrasound machine with a tablet and an HDMI cable

HeartFocus, the AI-powered cardiac imaging software developed by French medtech company DESKi, has launched HeartFocus Link, a product that connects a tablet to any cart-based ultrasound system through a simple HDMI setup. The tablet runs HeartFocus’s AI guidance software alongside the live ultrasound image, delivering real-time probe positioning instructions to help clinicians and trainees capture diagnostic-quality cardiac […]

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