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OpenAI’s robotics chief quits over the Pentagon deal

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Caitlin Kalinowski spent 16 months building OpenAI’s physical AI programme. On Saturday, she said the company moved too fast on something too important. The week that began with Anthropic being blacklisted by the Pentagon and ended with OpenAI taking its contract has now claimed OpenAI’s most senior hardware executive. Caitlin Kalinowski, who joined OpenAI in […]

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Netflix buys Ben Affleck’s AI filmmaking startup

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

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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

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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

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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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OpenAI’s GPT-5.4 sets new records on professional benchmarks

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The new model introduces native computer use, a 1-million-token context window, and a reworked tool-calling system. Whether it actually holds off Anthropic and Google is less clear. OpenAI is moving fast enough these days that it teased its next model on the same afternoon it launched its last one. Just two days ago, the company […]

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Swedish data startup Validio raises $30M to fix the AI readiness problem nobody talks about

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The Stockholm company has spent six years building infrastructure that ensures enterprise data is actually fit for AI, and it has just secured $30M to make that case globally. The pattern is familiar to anyone who has spent time around enterprise technology: a company announces an ambitious AI programme, spends months on pilots, and then quietly […]

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FIRSTPICK closes €25M second fund to back Baltic founders before anyone else does

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When FIRSTPICK backed Emilė Radytė in 2021, her company Samphire Neuroscience was still building its first product and the risk, by the fund’s own assessment, was high. There was no revenue, no clear route to market, and a proposition, a neurotechnology wearable for menstrual pain, that most European investors would have politely declined to engage […]

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From a dragonfly’s wing to a WorldTour saddle

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Thomas Rettenwander was writing his doctoral thesis at Austria’s Montanuniversität Leoben when he first studied dragonfly wings in detail. Not for their beauty, but for their engineering. Dragonfly wings are a masterclass in structural minimalism: heavy fibres only where forces concentrate, a gossamer membrane everywhere else. Rettenwander spent years turning that biological blueprint into a […]

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A German battery firm bets dry electrodes can keep Europe in the game

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The town of Flintbek is not somewhere you would expect to find one of Europe’s more credible answers to Chinese battery dominance. It is a quiet commuter settlement south of Kiel, better known for light industry than deep tech. But tucked inside a climate-controlled production hall there, a company called UniverCell has spent six years […]

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