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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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Revolut applies for a US bank charter Read More »
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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Pentagon labels Anthropic a supply-chain risk Read More »
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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OpenAI’s GPT-5.4 sets new records on professional benchmarks Read More »
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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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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FIRSTPICK closes €25M second fund to back Baltic founders before anyone else does Read More »
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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From a dragonfly’s wing to a WorldTour saddle Read More »
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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A German battery firm bets dry electrodes can keep Europe in the game Read More »
Apple’s March announcements arrived the way Apple increasingly prefers to move now: not as a single theatrical keynote, but as a controlled release of pressure across the product line. The headline items, a $599 MacBook Neo, a $599 iPhone 17e, and a refreshed iPad Air with an M4 chip, and a new MacBook Air with […]
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Everything Apple released this week is a reminder that “from $599” is a design choice Read More »
Global consulting and technology services firm Accenture has agreed to acquire Ookla, the Seattle-based network intelligence company best known for Speedtest and Downdetector, in a deal valued at $1.2 billion in cash. The acquisition comes from Ziff Davis, which has owned Ookla since 2014. Accenture plans to integrate Ookla’s connectivity data into its enterprise services […]
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Mutable Tactics, a UK-based defense-tech startup, just raised €1.8 million in a pre-seed fund round to develop an AI software that enables drone team collaboration for autonomous operation and decision-making when communications are lost or unreliable. This software will improve the military intents by closing the decision layer between the human operator and the robot, […]
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