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Netflix buys Ben Affleck’s AI filmmaking startup

InterPositive, a stealth company Affleck founded in 2022 and never publicly acknowledged, builds post-production AI tools trained on real footage rather than text prompts. Netflix is acquiring it just as Hollywood unions sit down for a new round of contract talks. For four years, Ben Affleck has been running a technology company that nobody in […]

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Evervault raises €21M to keep payment data encrypted from end to end

The Dublin-and-New York-based startup, backed by Ribbit Capital, Sequoia, and Index Ventures, says it processes more than €4.2bn in transactions monthly and cuts customers’ PCI compliance costs by an average of €86,000. The premise behind Evervault is one of those ideas that sounds straightforward until you think about how most payment systems actually work. Card […]

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French quantum startup Pasqal to list on Nasdaq via SPAC at a $2bn valuation

The neutral-atom quantum computing company, co-founded by Nobel laureate Alain Aspect, has announced a business combination with Bleichroeder Acquisition Corp. II, with the deal expected to close in the second half of 2026. When Alain Aspect shared the Nobel Prize in Physics in 2022, the citation concerned experiments performed decades earlier, precise measurements of quantum […]

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Revolut applies for a US bank charter

The London-headquartered neobank has submitted applications to the OCC and the FDIC to establish Revolut Bank US, N.A., committing $500m to the American market and appointing a former Visa executive as its new US CEO. In early 2021, Revolut told the world it was going after a US banking licence. The announcement was confident, the […]

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Pentagon labels Anthropic a supply-chain risk

The US Department of War has issued the first such designation ever applied to an American company, demanding that defence contractors certify they do not use Claude. Anthropic says the action is unlawful and retaliatory. For months, the conversations between Anthropic and the US Department of War were framed, at least publicly, as a negotiation. […]

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