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Hexagon pays $1.45 billion for Baker Hughes’ inspection tech unit in biggest European industrial deal of 2026

Hexagon AB, the Swedish industrial technology group ($29B market cap, €5.4B revenue), is acquiring Waygate Technologies from Baker Hughes for $1.45 billion in cash. Waygate is the world’s leading non-destructive testing (NDT) company, with ~$630M in revenue, ~1,500 employees across 25 locations, and technology spanning CT scanning, radiography, ultrasonics, and remote visual inspection for aerospace, […]

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Synera raises $40M to bring agentic AI into engineering workflows at NASA, BMW, Airbus, and Hyundai

The Bremen startup’s platform deploys teams of AI agents that autonomously execute engineering tasks across more than 75 existing tools, without replacing any of them. Revaia led the Series B; Capgemini joined through its ISAI Cap Venture vehicle. All Series A investors returned. Synera, the Bremen-based agentic AI platform for industrial engineering, has raised $40 […]

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Amazon agrees to acquire Globalstar in an $11.6B deal

Amazon and Apple have also signed a separate agreement for Amazon Leo to continue powering satellite features on iPhone and Apple Watch. The deal gives Amazon the spectrum, infrastructure, and operational expertise to launch direct-to-device satellite services from 2028, and compresses years of development into a single transaction. Amazon has agreed to acquire Globalstar in […]

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Helical closes $10M seed to turn bio foundation models into systems

The Luxembourg-founded startup is already in production with multiple top-20 global pharma companies, including a public collaboration with Pfizer. Its $10M seed round is led by redalpine, with the CEOs of Cohere and HuggingFace among the angel investors. Helical, a London-based pharma AI startup founded by three Luxembourgish childhood friends, has raised $10 million in […]

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France bets €500 million that quantum computing is the tech race Europe can finally win

Europe has spent a decade watching American and Chinese companies capture every major technology wave, cloud, mobile, social, AI. Quantum computing may be the exception. A cluster of French startups, backed by €500 million in government funding and underpinned by some of the world’s strongest physics research, is positioning France as a serious contender in […]

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Stanford’s annual AI report finds a widening gap between AI insiders and everyone else

The 2026 AI Index from Stanford’s Institute for Human-Centered AI documents a deepening disconnect between expert optimism and public anxiety. Gen Z anger about AI is rising fast. Employment in AI-exposed fields among younger workers is already declining. And the US has the lowest trust in its government to regulate AI of any country surveyed. […]

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The Wallenberg family rescues Europe’s flagship green steel project with a €1.4 billion financing round

Stegra,  formerly H2 Green Steel,  has agreed in principle on new financing led by a Wallenberg Investments consortium including Temasek and IMAS. Construction at its Boden plant had slowed during months of fundraising. The Wallenbergs will become the company’s largest shareholder. Stegra, the Swedish green steel company formerly known as H2 Green Steel, has agreed […]

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OpenAI’s $852 billion valuation is under scrutiny from its own investors as the company pivots to enterprise

Some backers say OpenAI has revised its product roadmap twice in six months and risks losing focus ahead of an IPO expected as early as Q4 2026. OpenAI’s new CRO has accused Anthropic of overstating its $30B run rate by $8B through gross accounting on cloud partner revenue. Both companies say they follow standard accounting […]

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OpenAI acquires Hiro, an AI personal finance startup

Hiro is shutting down on 20 April and deleting all user data by 13 May. Founder Ethan Bloch previously sold Digit to Oportun for more than $200M. Terms of the deal were not disclosed. OpenAI, the San Francisco AI lab behind ChatGPT, has acquired Hiro Finance, an AI-powered personal finance planning startup, with founder Ethan […]

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Uber and Nuro begin employee testing of a Lucid Gravity robotaxi in San Francisco

The Lucid Gravity SUV runs Nuro’s autonomous driving system, powered by Nvidia Drive AGX Thor. A human safety operator sits behind the wheel. Uber has committed to buying at least 20,000 of these vehicles over the next six years. Uber and Nuro have begun employee test rides of a premium robotaxi service in San Francisco, […]

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