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Pinterest just crossed $1 billion in quarterly revenue. The bet that made it work was not social media. It was search.

Pinterest reported its first billion-dollar quarter last week. Revenue hit $1.008 billion in the first three months of 2026, up 18 per cent year on year, with monthly active users reaching 631 million for the tenth consecutive quarter of double-digit user growth. The stock jumped on guidance that projects second-quarter revenue of $1.133 billion to […]

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Pinterest just crossed $1 billion in quarterly revenue. The bet that made it work was not social media. It was search. Read More »

Denmark built Europe’s cleanest grid. AI data centres are overloading it.

  Denmark generates more than 80 per cent of its electricity from renewable sources. Its wind farms, both onshore and offshore, have made the country a global model for clean energy transition. Its grid operator, Energinet, has spent decades building the infrastructure to support a decarbonised power system. In March, Energinet paused all new grid […]

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Denmark built Europe’s cleanest grid. AI data centres are overloading it. Read More »

Every government has an AI strategy. Dubai just gave its private sector a deadline.

Every major government now has an AI strategy. Most involve pilot programmes, task forces, and multi-year roadmaps that promise transformation without specifying a deadline. Dubai has taken a different approach. On Sunday, Crown Prince Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum launched an initiative to transition the emirate’s entire private sector toward agentic AI […]

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Every government has an AI strategy. Dubai just gave its private sector a deadline. Read More »

Apple spent a decade waiting for developers to build Wallet passes. Now it is letting users build their own.

Apple has spent more than a decade trying to get every gym, cinema, airline, and transit system on Earth to build native passes for its Wallet app. Most have not. The gym down your street still gives you a QR code in a standalone app. The cinema chain still emails you a PDF. The local […]

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Apple spent a decade waiting for developers to build Wallet passes. Now it is letting users build their own. Read More »

A crypto VC raised $1 billion to fund AI agents. The bet is that finance, not models, is what they need.

  Katie Haun has raised $1 billion for two new venture funds at Haun Ventures, split evenly between early and later-stage vehicles to be deployed over the next two to three years. The capital will go into crypto and blockchain companies, which have been the firm’s focus since Haun left Andreessen Horowitz in 2022 to […]

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A crypto VC raised $1 billion to fund AI agents. The bet is that finance, not models, is what they need. Read More »

Space weather could cost the satellite industry $40 billion in a single storm. A 15-person startup is building the forecast.

There are more than 8,000 active satellites in orbit. By 2030, there will be more than 25,000. A single geomagnetic storm, the kind the sun produces several hundred times during a solar maximum, could cost the satellite industry $40 billion. In February 2022, a moderate storm knocked 40 freshly launched Starlink satellites out of orbit, […]

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Space weather could cost the satellite industry $40 billion in a single storm. A 15-person startup is building the forecast. Read More »

STMicroelectronics targets more than $3bn from space, riding the satellite constellation boom

The Geneva-based chipmaker has shipped over 5 billion RF antenna chips to Starlink and now expects its low-Earth-orbit business alone to deliver more than $3bn in cumulative revenue between 2026 and 2028. Orbital data centres are an option for later. When STMicroelectronics first qualified its chips for the European Space Agency in 1977, the satellite […]

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Musk tried to settle the OpenAI case two days before trial. Then he promised to make Brockman the most hated man in America.

  Elon Musk texted Greg Brockman two days before trial to ask about settling. Brockman suggested Musk drop all claims against the individuals. Musk replied: “By the end of this week, you and Sam will be the most hated men in America. If you insist, so it will be.” The exchange, disclosed in a court […]

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Musk tried to settle the OpenAI case two days before trial. Then he promised to make Brockman the most hated man in America. Read More »

GameStop wants to buy eBay for $55.5 billion. Its own revenue fell 27 per cent last year.

Ryan Cohen announced on Saturday that GameStop has submitted an unsolicited, non-binding proposal to acquire eBay for $125 per share, a cash-and-stock offer valuing the e-commerce company at approximately $55.5 billion. GameStop’s market capitalisation at the time of the offer was $11.9 billion. eBay’s was $46.2 billion. The company proposing to buy is roughly a […]

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GameStop wants to buy eBay for $55.5 billion. Its own revenue fell 27 per cent last year. Read More »

SAP buys Prior Labs to anchor a European frontier AI lab around tabular foundation models

Eighteen months after a €9m pre-seed, the Freiburg-based pioneer of TabPFN is being acquired by SAP and will receive more than €1bn over four years. The terms are not disclosed; the strategic intent is unmistakable. When Frank Hutter, Noah Hollmann, and Sauraj Gambhir founded Prior Labs in early 2024, the AI world was paying attention […]

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SAP buys Prior Labs to anchor a European frontier AI lab around tabular foundation models Read More »

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