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Uber’s robotaxi partner crashed 16 times in four months. The regulator called it “excessively assertive and insufficiently capable.”

The National Highway Traffic Safety Administration has opened an investigation into Avride, Uber’s autonomous vehicle partner, after identifying 16 crashes and one minor injury in the four months since the company launched its robotaxi service in Dallas. The regulator’s language is unusually blunt: the vehicles displayed “excessive assertiveness and insufficient capability,” a phrase that could […]

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Uber’s robotaxi partner crashed 16 times in four months. The regulator called it “excessively assertive and insufficiently capable.” Read More »

Trump’s H-1B proposal would push entry-level tech salary floor near $162,000

An entry-level software engineer in San Francisco would need to be paid at least $162,000 a year to qualify for an H-1B visa under a Trump-administration proposal published in March, The same role in Dallas would jump to about $113,000; in New York, $132,000. The increases run nearly 30% above the current minimums in each […]

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PR & Media lessons from EU-Startups Summit 2026: what works, what does not

A panel in Valletta laid out a working playbook for startup PR, from the friends-and-family headline test to the case for hiring an agency. Founders looking for media coverage at this year’s EU-Startups Summit in Valletta got a fairly direct briefing from the people who decide what gets published. The session, titled “The Startup Media […]

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AWS was hit by overheating in northern Virginia, knocking Coinbase offline and rattling CME

A single data centre’s cooling system fell behind. AWS shifted traffic away from the affected zone and warned that fully restoring the remaining services would take longer than expected. Amazon Web Services said on Thursday that one of its data centres in northern Virginia was running hot enough to disrupt customer workloads, and that engineers […]

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NVIDIA takes $2.1bn warrant in IREN as part of 5GW AI data-centre deal

NVIDIA will invest up to $2.1bn in IREN as part of a deal that pairs the chipmaker’s reference architecture with the data-centre operator’s 5-gigawatt infrastructure pipeline. The two companies announced the partnership on Thursday. The structure is unusual. Rather than a straight equity round, IREN has issued Nvidia a five-year warrant for up to 30 […]

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Silex Microsystems shares soar on Stockholm debut as MEMS foundry IPO clears at SEK 8.9bn EV

The Bure Equity- and Creades-backed pure-play MEMS foundry priced at SEK 81 per share, with the offering oversubscribed several times. Cornerstone investors, including Capital Research, Fidelity, AFA, AP2, AP3, AP4, Swedbank Robur, and Carnegie, took roughly three-quarters of the deal. Silex Microsystems opened sharply higher on its Nasdaq Stockholm debut on Wednesday, with the chipmaker’s […]

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Silex Microsystems shares soar on Stockholm debut as MEMS foundry IPO clears at SEK 8.9bn EV Read More »

Corgi reaches a $1.3bn valuation four months after its Series A, with TCV leading a $160m round

The Y Combinator-backed AI-native insurance carrier closed its Series A in January at a $630m valuation. The Series B doubles that figure and funds expansion beyond startup insurance into trucking, where the company says quoting and risk modelling can be similarly compressed. Corgi, a Y Combinator-backed AI-native insurance carrier built for startups, has raised a […]

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Corgi reaches a $1.3bn valuation four months after its Series A, with TCV leading a $160m round Read More »

Ukraine says robots seized enemy territory for the first time. The company behind them is now worth a billion dollars.

In April, Ukrainian President Volodymyr Zelensky announced that his forces had, for the first time in the history of warfare, seized an enemy position using only unmanned systems. No infantry. No human soldiers entering the contested ground. Drones and ground robots identified the target, suppressed defensive fire, and captured the position without a single Ukrainian […]

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Ukraine says robots seized enemy territory for the first time. The company behind them is now worth a billion dollars. Read More »

Uber missed its revenue target. The stock jumped 10 per cent. Wall Street is pricing a different company.

Uber missed its revenue estimate on Tuesday. The stock jumped 10 per cent. The divergence between the number Wall Street expected and the number the market rewarded tells the story of a company that has crossed a threshold: Uber is no longer being priced as a ride-hailing business that also delivers food. It is being […]

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Uber missed its revenue target. The stock jumped 10 per cent. Wall Street is pricing a different company. Read More »

SpaceX files for a $55bn Texas semiconductor fab, with combined chipmaking investment reaching $119bn

The Terafab project sits alongside the existing Bastrop packaging operation. Combined, the two facilities could anchor a $119bn Texas chipmaking footprint. SpaceX has not yet disclosed the process technology Terafab will run, or the construction timeline. SpaceX has filed paperwork for a semiconductor fabrication facility in rural Texas with a planned investment of approximately $55bn. […]

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