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BlackRock ordered $5 billion in SpaceX shares as IPO demand hit $250 billion, nearly 4x oversubscribed

BlackRock submitted an order to buy at least $5 billion in SpaceX shares ahead of Friday’s debut, the Wall Street Journal reported. That single order is nearly as large as the entire $5.5 billion Cerebras IPO, the biggest of 2026 so far. SpaceX has told banks it will not budge from its $135 per share […]

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BlackRock ordered $5 billion in SpaceX shares as IPO demand hit $250 billion, nearly 4x oversubscribed Read More »

Meta adds an AI assistant and desktop version to its CapCut rival Edits

Meta is adding an AI assistant and a desktop version to Edits, its video-editing app built to compete with ByteDance’s CapCut. The company previewed the features at an invite-only creator event in Los Angeles on Wednesday. The AI assistant is currently in testing with event attendees. The desktop version is “coming soon.” The AI assistant […]

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Meta adds an AI assistant and desktop version to its CapCut rival Edits Read More »

Barcelona’s THEKER raises €73M to deploy AI-native factory robots that learn on the job

THEKER, the Barcelona-based AI robotics company, has raised €73 million ($85 million) in a Series A to scale its generalist factory robots across industrial production environments. The round was led by CRV, with participation from Samsung, LVMH, Cathay Innovation, 20VC, Henkel Ventures, Korelya, and Bright Pixel Capital. It marks Samsung’s first-ever investment in a Spanish […]

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Barcelona’s THEKER raises €73M to deploy AI-native factory robots that learn on the job Read More »

Bezos’s Prometheus raises $12 billion at $41 billion valuation to build AI that engineers physical products

Prometheus, the AI startup co-led by Jeff Bezos, has raised $12 billion in a funding round that values the company at $41 billion. Investors include JPMorgan Chase, Goldman Sachs, BlackRock, DST Global, and Arch Venture Partners, alongside Bezos himself. Total funding now exceeds $18 billion. The company is building what Bezos calls an “artificial general […]

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Bezos’s Prometheus raises $12 billion at $41 billion valuation to build AI that engineers physical products Read More »

Coinbase launches an AI agent that can trade crypto and pay for research on your behalf

Coinbase has launched an AI agent that can execute crypto trades and pay for premium research data on behalf of users. The agent integrates with a user’s main Coinbase account or can operate in a separate sandbox. It trades spot crypto and derivatives markets, with support for equities and prediction markets planned next. Users can […]

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Coinbase launches an AI agent that can trade crypto and pay for research on your behalf Read More »

Waymo launches a $29.99/month subscription for its most frequent robotaxi riders

Waymo is launching a $29.99 per month subscription tier called Waymo Premier, targeting its most frequent riders in San Francisco, Los Angeles, and Phoenix. The plan is invite-only to start. Subscribers get prioritised matching, up to five free cancellations per month, and earn 10% back in loyalty credits, called Waymo Cash, on every trip. “You […]

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Waymo launches a $29.99/month subscription for its most frequent robotaxi riders Read More »

Italian fintech unicorn Satispay reportedly plans €120M raise to push into stock trading

Satispay, the Milan-based mobile payments company that became Italy’s second unicorn in 2022, is reportedly planning to raise up to €120 million ($139 million) in fresh funding. The round would fuel the fintech’s expansion beyond payments into stock and ETF trading, savings, investments, and pensions. Existing investors are set to vote on the round on […]

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Italian fintech unicorn Satispay reportedly plans €120M raise to push into stock trading Read More »

Meta has cut Manus off from its internal systems and told staff to sunset the AI platform

Meta has erected a data firewall between itself and Manus, the Chinese-founded agentic AI service it acquired for $2 billion in December 2025. Since the start of June, Manus and its staff have been barred from accessing Meta’s internal data systems, and Meta employees can no longer use Manus tools for internal projects, according to Bloomberg. […]

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Meta has cut Manus off from its internal systems and told staff to sunset the AI platform Read More »

CoreWeave’s borrowing costs just fell from 10% to 7%. The AI data centre debt market is repricing risk in real time.

An Applied Digital subsidiary raised $1.59 billion in the high-yield bond market on Tuesday to fund a fourth building at its Polaris Forge 1 campus in North Dakota, which will provide 150 megawatts of computing capacity for CoreWeave under a 15-year contract. The bonds were priced to yield 7%, a steep drop from the 10% investors demanded […]

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CoreWeave’s borrowing costs just fell from 10% to 7%. The AI data centre debt market is repricing risk in real time. Read More »

Oracle spent $55.7 billion on data centres in a single year, beat its own guidance by $5.7 billion, and wants to raise another $40 billion

Oracle reported fiscal fourth-quarter revenue of $19.2 billion, up 21% year on year, and adjusted earnings of $2.11 per share, beating analyst estimates of $19.1 billion and $1.97 respectively. The numbers were overshadowed by capital expenditure that came in well above the company’s own projections. The company spent approximately $55.7 billion on capital expenditure in […]

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Oracle spent $55.7 billion on data centres in a single year, beat its own guidance by $5.7 billion, and wants to raise another $40 billion Read More »

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