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Gravity, an adtech startup that places ads inside AI chatbots, raised a $30.5 million Series A co-led by Lightspeed Venture Partners and Committed Capital. The round brings total funding to $38.5 million. The company runs a full-stack ad platform: a demand-side platform for buying ads within AI chatbots and agents, a supply-side platform for developers […]
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Google’s biggest bet in India is meeting resistance on the ground. Its $15bn data-centre project in Visakhapatnam has run into mounting opposition over water use and the wildlife living beside it. The project is enormous by any measure. Built with Gautam Adani’s group, it is one of the largest data-centre investments anywhere, and the state […]
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Google’s $15bn India data centre is running into water and wildlife Read More »
Yann LeCun has found a VC fund that will actually launch. The Meta former chief AI scientist is joining 224 Ventures, a new firm that announced Wednesday with more than $100 million in assets under management. His co-partner is Oriol Vinyals, who until today served as Gemini’s co-technical lead at Google DeepMind. Shaun Johnson, who […]
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The race to modernize cross-border payments is increasingly shifting toward emerging markets, where businesses continue to face high costs, settlement delays, and fragmented financial infrastructure despite growing international trade. Australian fintech Stables is the latest company looking to capitalize on that opportunity. Stables has announced a collaboration with Access Bank South Africa to explore new […]
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Stables and access bank south africa explore new cross-border payment infrastructure Read More »
The bottleneck in AI is no longer chips. It is power, and the scramble to secure it is sending data-centre builders to the banks for billions in financing commitments, Bloomberg reports.The shift is a big one. For much of the AI boom the scarce resource was Nvidia’s GPUs; now it is electricity, along with the […]
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AI’s power crunch is sending data-centre builders to the banks Read More »
Robinhood is launching a second publicly traded closed-end fund that will invest in private companies from the Y Combinator ecosystem. Robinhood Ventures Fund II filed to offer 7.6 million shares at $25 each, with pricing expected after market close on August 12. The fund will trade on the NYSE under the ticker RVII. Goldman Sachs, […]
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OpenAI is expanding its European headquarters in Dublin with 250 new jobs and an 88,000-square-foot lease at the Tropical Fruit Warehouse in the city’s Docklands. The company currently employs around 100 people in Ireland and established its European presence there in 2023. The new roles span engineering, sales, user operations, HR, finance, privacy, and legal. […]
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OpenAI is adding 250 jobs in Dublin as Ireland loses tech roles to AI elsewhere Read More »
Britain wants to triple its data centre capacity by 2030. The trade body for the country’s water companies has told ministers there is not enough water to run them. Water UK, which represents England’s water suppliers, told MPs this week that the government’s growth agenda barely accounts for what those machines will drink. Data centres […]
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Water UK says AI data centre plans ignore where the water comes from Read More »
A farmer in rural India photographs a dying plant and wants to look it up. She does not speak English, and today’s AI barely speaks hers. A nonprofit called Current AI thinks that is a problem worth fixing. Its goal is grand: a “public option” for AI, open and free to anyone, much like the […]
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A $400M nonprofit backed by France and DeepMind is building AI’s ‘public option’ Read More »
Raidium, a Paris and Silicon Valley-based radiology startup, has launched its AI-native imaging platform in the US at Moffitt Cancer Center, one of the country’s leading oncology research institutions. The platform, called Raidium Read, replaced Moffitt’s legacy radiomics applications and is currently available for clinical trials and research use. FDA 510(k) clearance is expected before […]
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