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Stark Defence raises €500M led by Sequoia and Founders Fund at a valuation above €3.5 billion

Stark Defence, the Berlin-based strike drone startup founded in 2024, has raised €500 million in a round led by Sequoia Capital and Peter Thiel’s Founders Fund, Bloomberg reported on Monday. The deal values the company at more than three and a half billion euros, roughly triple the €1 billion mark it crossed earlier this year. […]

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Europe’s biggest tech CEOs have formed a standing lobby group with a direct line to von der Leyen

Seven of Europe’s largest technology companies have created a permanent dialogue with European Commission President Ursula von der Leyen, pressing the bloc to deregulate faster and let European firms consolidate. The group, which calls itself the European Tech Creators, collectively generates €417 billion in annual revenue, represents nearly €1.1 trillion in market capitalisation, and employs close […]

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Honda signs multiyear solid-state battery deal with QuantumScape after scrapping its EV lineup

Honda R&D, the independent research arm of Honda Motor Company, has signed a multiyear joint research agreement with California-based QuantumScape to develop and manufacture solid-state battery cells. The deal, announced on June 18, makes Honda the second major automaker to formally partner with QuantumScape after Volkswagen. The agreement follows Honda’s completion of an in-depth technology […]

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HaloBraid raises $7M to build the first robotic braiding assistant for hair salons

HaloBraid, a robotics startup that builds an automated braiding assistant for hair salons, has raised seven million dollars in a seed round led by Reddit co-founder Alexis Ohanian’s venture firm Seven Seven Six. The device works alongside professional stylists rather than replacing them: a braider starts each braid by hand and then hands off to […]

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Meta launches its own smart glasses brand at $299, breaking from the Ray-Ban name

Meta has launched smart glasses under its own brand for the first time, pricing the Adventurer and Fury models at $299 each. The glasses match the hardware specifications of the Ray-Ban Meta Gen 2, which starts at $359, but ship without the Ray-Ban branding and licensing premium. A third model called Starfire, designed in collaboration […]

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The algorithm has a nose now, and perfume is better for it

In a former shop on Ginnekenstraat, a pedestrian street in the Dutch city of Breda, you can answer a short questionnaire about yourself and walk out less than an hour later holding a perfume that did not exist when you arrived. The questions are not the ones a sales assistant asks. What colour best represents […]

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Claude’s latest wobble lands in a worse week

Anthropic says it has identified a fix for elevated errors across multiple Claude models, just as the company is still explaining why it suspended access to Claude Mythos 5 and Claude Fable 5. Anthropic’s status page says the company began investigating elevated error rates across multiple models at 14:19 UTC on 23 June and moved to identified […]

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SpaceX lands $6.3bn compute deal with Reflection AI

Reflection AI will pay SpaceX $150mn a month for Nvidia chips at Colossus 2, a deal worth roughly $6.3bn by 2029. The SpaceX Reflection AI deal puts Nvidia on both sides of the trade. SpaceX has signed another giant compute tenant. This time it is Reflection AI, an open-source startup barely two years old. Reflection […]

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Prosus launches ToqanClaw, an OpenClaw-style tool builder for its 5m merchants

The Amsterdam-listed group is putting conversational app-building in front of restaurants and shopkeepers, the users it says AI has so far left behind. Prosus has launched ToqanClaw, a platform that lets people build apps, dashboards, and automations by describing what they want in plain language, the way they would explain a task to a colleague. […]

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Workday must face California lawsuit over AI hiring bias, judge rules

A San Francisco judge cleared a proposed class action to proceed, in a case described as the first to broadly target the algorithms behind AI screening software. A US federal judge has ruled that Workday must face claims its AI-powered hiring software screened out job applicants at other companies in ways that allegedly broke California […]

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